Daura Gold Announces High-Grade Surface Sampling Results and Vein Extensions North of Antonella Main Project Zone: 57.34 g/t Au & 125 g/t Ag; 24.63 g/t Au & 128 g/t Ag

The most recent news, dated December 2, 2025, announces high-grade surface sampling results and the delineation of vein extensions in the northern zone of the Antonella Project in Ancash, Peru. Key highlights from 31 rock chip samples collected approximately 1 kilometer north of the main Antonella vein system include: - A sample assaying 57.34 g/t Gold (Au) and 125 g/t Silver (Ag). - Another sample assaying 24.63 g/t Au and 128 g/t Ag.

Mark Sumner, CEO, emphasized that these results continue to deliver excellent mineralization, confirming Antonella's potential and the company's strategy to advance exploration both southeast toward Highlander's Bonita project and prioritize additional work on these promising northern veins. The next steps outlined include continued geological mapping, sampling, and planned geophysical surveys to define structures and guide drill target definition for future exploration programs. The news release includes a disclaimer that grab samples are selective and may not represent true underlying mineralization.

This news is a positive, albeit routine, development for Daura Gold Corp., an early-stage exploration company. It confirms the presence of significant high-grade gold and silver mineralization and extends the known prospective area at its flagship Antonella project.

In the context of historical news: - The results build upon previous positive surface sampling results at Antonella, such as those reported on September 9, 2025 (up to 22.6 g/t Au and 650 g/t Ag), showing even higher gold grades in this new northern zone. - It also aligns with the company's stated objective (e.g., September 17, 2025 news) to identify new mineralized zones and reinforce the view of a continuous mineralized vein system trending towards Highlander Silver's Bonita project. - The company previously obtained exploration permits for Antonella in August 2025, initiating geological mapping, sampling, and geophysical surveys. These results are a direct outcome of that ongoing exploration. - The news, while encouraging, is still based on surface grab samples. These are by nature selective and do not definitively prove the continuity, width, or depth of mineralization necessary for a resource estimate. The next critical step, defining drill targets and executing a drill program, remains. - The company recently completed a $7 million private placement (October 9, 2025), which provides the treasury for such continued exploration activities, including the geophysical surveys mentioned in this release.

The news is positive as it validates and expands the geological prospectivity of a key project, supporting the company's exploration narrative. However, it does not represent a material "game-changer" as it is a natural progression of early-stage exploration and does not immediately impact resource statements or project economics. The company's own metadata for this release categorized it as "Non-Material - Positive," which aligns with a critical analyst's view that while good, it's a step in a long process.

Daura Gold Corp. (DGC on TSXV) is an exploration company focused on gold and silver projects in Peru and, more recently, Argentina. - Flagship Project (Peru): Antonella Project. Located in the Ancash department, Peru, and is 100% owned via its subsidiary Estrella Gold SAC. The project covers 900 hectares and exhibits epithermal gold-silver vein-type mineralization within Tertiary volcanic rocks. Recent and historical surface sampling and drilling have confirmed high-grade mineralization. The company is actively exploring extensions of the vein system towards Highlander Silver's Bonita project. - Yanamina Project (Peru): Acquired in July 2025. Located 40 km north of Antonella. It hosts a historical indicated resource of 83,100 oz Au (1.65 g/t) and an inferred resource of 123,700 oz Au (1.19 g/t), though this is not a current NI 43-101 compliant resource. The company also staked an additional 4,700 hectares contiguous to Yanamina. The acquisition includes significant contingent payments tied to social licence, construction, and production milestones. - Tayacoto Project (Peru): Located 14.5 km from Antonella. Exploration since November 2025 has yielded high-grade surface sampling results (e.g., up to 6.1 g/t Au and 1,153 g/t Ag). - Cerro Bayo and La Flora Projects (Argentina): In November 2025, Daura secured an option to earn up to an 80% interest in these projects from Latin Metals Inc. These projects, located in the Deseado Massif, are described as "drill-ready" with 9 high-priority targets and 21 permitted drill pads. Historical surface samples show high grades (e.g., up to 82 g/t Au and 1,239 g/t Ag at La Flora). The earn-in requires significant cash payments, assumption of vendor payments, and 28,000 meters of drilling. - Pampas 1 and 2 (Peru): 1,200 hectares, where a community agreement was signed and an exploration program initiated in April 2025.