Daura Gold expands Tayacoto by staking

Executive Summary

• Daura Gold Corp. has expanded its land position at the 100%-owned Tayacoto project in Peru by staking the 1,000-hectare Agustina concession immediately north of the existing property.
• The acquisition consolidates control over the northern extension of the interpreted structural corridor hosting mineralization, aiming to expand known polymetallic vein systems and evaluate porphyry potential.
• The release references previous high-grade surface sampling results from the Tayacoto concession, including significant gold, silver, copper, and lead intercepts, while noting that no mineral resource has been defined.

Key Details

• Land Acquisition: Staked the 1,000-hectare Agustina concession via direct application through Ingemmet (Peru's state agency for mining concessions).
• Location: Immediately north of the Tayacoto project; lies within the previously termed Pucajirca volcanic centre.
• Strategic Context: Consolidates control over the northern extension of the structural corridor hosting mineralization. The area is near Highlander Silver Corp.'s Cerro Colorado and Daniela projects.
• Previous Sampling Results (Tayacoto Concession):
  • 6.1 grams per tonne gold (g/t Au)
  • 1,153 grams per tonne silver (g/t Ag)
  • 0.4 per cent copper (Cu)
  • Greater than 14 per cent lead (Pb)
  • Sampling confirmed strong silver-lead mineralization with subordinate copper, zinc, and gold.
  • Sampling location: Approximately 2.5 km east of Highlander Silver’s Daniela project and 1.5 km west of Daura’s porphyry-type exploration target.
• Current Activities: Undertaking a remote sensing targeting program integrating surface sampling, Aster-derived hydrothermal alteration mapping, and detailed structural targeting analysis.
• Argentina Project Update: Daura has a binding letter agreement with Latin Metals Inc. to earn up to an 80% interest in the Cerro Bayo/La Flora project. Current activities include drilling and gradient-array IP geophysical surveys.

Notable Quotes

• "The addition of the Agustina concession represents an important step in consolidating the broader Tayacoto district. Tayacoto hosts high-grade silver-gold-copper-lead vein mineralization outboard of Daura's principal porphyry-type exploration targeting. The addition of Agustina strengthens our control in the area, providing an opportunity to expand both the known polymetallic vein systems and evaluate the porphyry potential in a mineralizing district containing world-class deposits that fit within an intrusion-centred exploration model." — Mark Sumner, Chief Executive Officer