Daura Gold Expands Land Position with Agreement to Acquire Strategic Claims Adjacent to Antonella and Bonita Projects
Daura Gold Expands Land Position with
Agreement to Acquire Strategic Claims
Adjacent to Antonella and Bonita Projects
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2025) -
Daura Gold Corp. (TSXV: DGC)
(the
"
Company
" or "
Daura
") is pleased to announce that it has reached an agreement to acquire five
strategic mineral concessions totaling approximately 2,900 hectares (the "
Project
") in the Ancash
Department of Peru.
The Project surrounds the southern half of the Company's Antonella Project and
bordering Highlander Silver's San Luis project to the south.
The Project shares multiple borders to the
south and east of the Bonita target where Highlander is currently drilling.
The acquisition will further
consolidate Daura's land position in one of Peru's most prospective gold and silver districts.
The concessions, highlighted in red with black frame, lie within the highly prospective Pucajirca volcanic
center, a region known for hosting the San Luis, Antonella, and Bonita vein systems.
These vein systems
are part of the Calipuy Group, which is geologically characterized by andesitic lava flows and pyroclastic
ash deposits rich in lithic fragments.
While these volcanic units remain largely unaltered across most of
the district, they display intense argillic alteration and pervasive silicification near mineralized veins—key
indicators for precious metals mineralization.
Inside these concessions, zones shown as 1, 2 and 3, are among the immediate development targets to
explore.
Luis Saenz, Daura CEO commented:
"This acquisition marks a further step in Daura's strategy to
consolidate and control one of the most geologically compelling gold-silver districts in Peru.
The
proximity of these new claims to both the Antonella and Bonita vein systems, along with strong
structural and geological continuity, provides an exciting opportunity to extend known mineralization
and make new discoveries. We believe these concessions significantly enhance the scale and upside
potential of our exploration portfolio."
Daura will assume all concession fees due and payable to Ministry of Mines associated with the Project.
The Project will be transferred for the price of US$1.00 (one and 00/100 dollars of the United States of
America) per mining concession and a 1% NSR royalty in favor of the vendor.
Prior to the
commencement of mine construction on the Project, Daura may buy back 50% of the royalty for
US$250,000.
Completion of the acquisition of the Project remains subject to the negotiation of definitive
documentation and the satisfaction of customary closing deliverables.
Geological and structural analysis indicates that the vein systems across the Antonella and Bonita
projects are controlled by NW-SE trending faults associated with the broader Andean fault system and
are complemented by secondary E-W and NE-SW oriented faults. Importantly, the newly acquired claims
by DGC fall directly within this structural corridor.
Early fieldwork and mapping have identified vein outcrops in Zone 1, with evidence of vein continuity
extending southwest into Zone 2—suggesting the potential for a continuous, mineralized vein system
connecting the Antonella and Bonita zones. These features underscore the high prospectivity of Zones 1,
2, and 3 for hosting additional gold and silver-bearing veins.
Historical drilling on both the Antonella and Bonita projects has confirmed the presence of gold-silver
mineralization at depth, with the most robust vein structures and highest grades found toward the
southwest—directly aligned with the location of Daura's new claims.
This trend strongly supports the
interpretation that these newly acquired concessions could host a direct continuation of the Au-Ag
mineralized system, significantly enhancing Daura's discovery potential in the region.
Map 1
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Map 2 - Concessions Map Daura Gold
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Qualified Person
All scientific and technical information contained in this news release has been reviewed, verified and
approved by Owen D. W. Miller, Ph.D. Member AIG, a qualified person as defined in National Instrument
43-101. Dr. Miller acts as an independent third-party consultant of the Company.
ABOUT DAURA GOLD CORP.
Listed on the TSX Venture Exchange, Daura Gold Corp is advancing high-impact exploration projects in
Peru's renowned Ancash region. Daura Gold owns a 100% undivided interest in over 13,000 hectares of
exploration concessions in Ancash, including the 900-hectare Antonella target, which is the primary
focus of Daura Gold's current exploration efforts.
For further information please contact:
Daura Gold Corp.
543 Granville, Suite 501
Vancouver BC V6C 1X8
William T.P. Tsang CFO and Secretary
(604) 669-0660
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION:
Information set forth in this news release contains forward-looking statements. These statements reflect
management's current estimates, beliefs, intentions and expectations; they are not guarantees of future
performance. Daura cautions that all forward-looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are beyond Daura's
control. Such factors include, among other things: future prices and the supply of gold and other precious
and other metals; future demand for gold and other valuable metals; inability to raise the money
necessary to incur the expenditures required to retain and advance the property; environmental liabilities
(known and unknown); general business, economic, competitive, political and social uncertainties;
results of exploration programs; risks of the mineral exploration industry; delays in obtaining
governmental approvals; adverse weather conditions and failure to obtain necessary regulatory or
shareholder approvals. There can be no assurance that such statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking statements. Daura disclaims
any intention or obligation to update or revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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