Daura Gold Unveils High-Grade Sampling Results at Tayacoto Project

Daura Gold Corp. has reported significant surface sampling results from its Tayacoto Project, revealing high-grade mineralization of precious metals. Located in the Ancash region of Peru, approximately 14.5 kilometers northeast of the company’s flagship Antonella Project, Tayacoto is situated within a productive metallogenic belt known for world-class deposits.

The recent sampling program confirmed the presence of strong mineralization, with notable results including samples returning 6.1 g/t Au and 1,153 g/t Ag, alongside other samples showing 3.3 g/t Au and 1,249 g/t Ag. The project is also associated with copper, zinc, and lead, with copper values reaching as high as 2.9% Cu. These findings highlight the potential of Tayacoto, which lies in proximity to Highlander Silver Corp.’s Daniela project.

Sampling Highlights and Mineralization Details

A total of 22 rock chip samples were collected across the Tayacoto Project, with eight samples exceeding 45 g/t Ag. The standout samples included:

– 6.1 g/t Au, 1,153 g/t Ag, 0.4% Cu, and >14% Pb
– 3.3 g/t Au, 1,249 g/t Ag, 0.9% Cu, and >24.6% Pb
– 0.2 g/t Au, 101 g/t Ag, and 0.6% Pb

The mineralization is primarily linked to an epithermal vein system, characterized by vein widths ranging from 0.2 m to 1 m. The geological formation includes Tertiary volcanic rocks of the Calipuy Group, with mineralization influenced by NW-SE-trending faults. The presence of iron oxides indicates gossan formation in certain areas, complemented by zones of argillic alteration and silicification.

Mark Sumner, CEO of Daura, emphasized the significance of these results, stating, “The results from Tayacoto reinforce the strength of Daura’s exploration portfolio and highlight the discovery potential in this district. The high grades showing at surface at Tayacoto immediately raise the profile of this project for Daura. Situated only 14.5 kilometers from our flagship Antonella project, Tayacoto represents another opportunity for Daura to create significant value through disciplined and systematic exploration in one of the most exciting gold-silver districts in Peru.”

Project Overview and Quality Control Measures

The Tayacoto Project encompasses an exploration concession of 1,000 hectares, positioned adjacent to Highlander Silver’s Daniela Project. This strategic location enhances the project’s exploration potential.

The geological team at Daura implemented rigorous quality control measures during the sampling process. Samples were collected by the company’s geologists, sealed, and dispatched to Actlabs Skyline Peru for preparation and analysis. Each sample underwent a thorough drying and crushing process to ensure accuracy, with gold analyzed using a 30g charge Fire Assay method.

Multi-element analysis was conducted through Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES). The internal quality assurance and quality control program included the submission of 10% quality control materials, such as field duplicates and certified reference materials. Coarse rejects and pulps are securely stored for future verification, ensuring the integrity of the results.

Stuart Mills, the Vice President of Exploration at Daura and qualified person as defined by NI 43-101, reviewed the technical information underpinning this announcement. He has approved the disclosures made in this release.

Daura Gold Corp. remains committed to advancing its exploration efforts in the Ancash region, where it holds a 100% undivided interest in over 15,900 hectares of exploration concessions, including the Antonella target and the contiguous concessions at Libelulas.

For further details, Daura Gold can be reached at their Vancouver office.

The company has issued a cautionary statement regarding forward-looking information, noting that actual results may differ from the projections stated. Factors influencing this include market conditions, exploration results, and regulatory approvals, among others. Readers are advised to consider these factors when evaluating the company’s statements.