Daura Gold Intersects High-Grade Gold & Silver Mineralization and Confirms Large Epithermal System from Phase One Drilling at Cerro Bayo

Daura Gold reported first-ever assay results from its Phase One diamond drilling at the Cerro Bayo gold‑silver project in Argentina’s Deseado Massif. The 1,850‑metre program (18 holes) intersected multiple high‑grade gold‑silver intervals and broad near‑surface silver zones across 10 targets. Highlights include: - 16.35 m @ 1.72 g/t AuEq (0.37 g/t Au, 88.96 g/t Ag) from 28.85 m, including 3.60 m @ 6.3 g/t AuEq (1.43 g/t Au, 321.7 g/t Ag) - 15.00 m @ 1.90 g/t AuEq (0.07 g/t Au, 120.8 g/t Ag), with a higher‑grade sub‑interval of 1.80 m @ 11.53 g/t AuEq (0.33 g/t Au, 739.53 g/t Ag) - 11.95 m @ 2.1 g/t AuEq (2.0 g/t Au, 6.8 g/t Ag), including 1.95 m @ 9.1 g/t AuEq (8.83 g/t Au, 18.86 g/t Ag) - Broad silver zones: 43.1 m @ 44.3 g/t Ag and 34.1 m @ 23.2 g/t Ag near surface. The results validate the geological model and confirm a large low‑sulphidation epithermal system. Phase Two step‑out drilling is planned, and drill‑permit applications for the La Flora project have been submitted with work targeted for Q3/Q4 2026.

These are the first drill results from Cerro Bayo—a project Daura optioned from Latin Metals in November 2025. The market had only seen surface samples and geophysical targeting before this release; the actual drill intersections materially de‑risk the project and demonstrate continuity and grade of mineralized structures at depth. The scale of near‑surface silver and gold‑silver hits exceeds typical grassroots exploration expectations and gives the company a second advanced project alongside its flagship Antonella in Peru. The results also support management’s decision to move directly to Phase Two drilling, accelerating the timeline. In context of a ~$34M market cap, this discovery adds genuine value and justifies a re‑rating.

Daura Gold Corp. is a precious‑metals explorer focused on high‑grade gold‑silver systems in Peru and Argentina. Its flagship Antonella‑Libelulas project (Ancash, Peru) covers 15,900+ hectares adjacent to Highlander Silver’s San Luis/Bonita deposit. Historic drilling returned 22.4 m @ 4.36 g/t Au, and recent surface sampling has yielded grades as high as 57.34 g/t Au. The new Antonella North discovery, Tayacoto polymetallic prospect, and the historical Yanamina resource (206,800 oz Au in all categories) provide a pipeline. The option‑earn on Cerro Bayo and La Flora in Argentina’s Deseado Massif adds high‑impact exploration optionality.