Daura Gold completes IP survey at Cerra Bayo project

Executive Summary

• Daura Gold Corp. has completed 27 line kilometres of induced polarization (IP) profiling at its Cerro Bayo gold-silver project in Argentina, defining 15 priority drill targets.
• The company plans to commence Phase 1 drilling in mid-February 2026, consisting of 22 diamond drill holes totaling approximately 1,500 metres to test these targets.
• The IP survey results have delineated structurally controlled zones interpreted as silicified veins and mineralizing conduits, which will guide the initial drilling program.

Key Details

• IP Survey Completion:
  • Total coverage: 27 line kilometres of pole-dipole IP profiling.
  • Locations: Four lines in the southeastern area and three shorter lines in the northwestern area.
  • Purpose: To define and prioritize drill targets for Phase 1 by integrating with previous geochemical sampling and gradient array IP surveys.
• Phase 1 Drilling Plan:
  • Total scope: 22 diamond drill holes for approximately 1,500 metres.
  • Northern Target Area:
    • 3 IP profile lines completed.
    • 8 drill targets identified.
    • Plan: 3 targets to be tested with 8 diamond drill holes for 500 metres.
  • Southern Target Area:
    • 7 drill targets identified.
    • Plan: 7 targets to be tested with 14 drill holes for 1,000 metres.
• Next Steps:
  • Initiation of a regional gradient array IP survey in the northern part of the licence area in parallel with the Q1 2026 drill program.
  • Integration of new IP results with existing geological and geochemical data to support Phase 2 drilling.
• Administrative/Commercial Update:
  • Entered into a one-year awareness campaign service agreement with Resource Stock Digest (RSD) starting Feb. 1, 2026.
  • Fee: $100,000 USD, payable from general working capital.
  • RSD is owned by Nicholas Hodge (who holds 250,000 common shares and 250,000 warrants in Daura) and Gerardo Del Real.
  • Agreement subject to TSX Venture Exchange approval.

Notable Quotes

• Mark Sumner, CEO: "The completion of seven pole-dipole IP survey lines marks an important milestone for Daura, providing valuable insight into the geometry and extent of potential mineralization across 15 priority targets within both our northern and southern target areas. The results have clearly delineated structurally controlled zones, which we interpret as potential mineralizing conduits and feeder structures. This data will play a key role in refining and prioritizing drill targets ahead of our planned phase 1 drill program."