Daura Gold Corp. reports exploration developments for gold and silver projects in South America. The company’s news centers on drilling, surface sampling, historical core review, claim staking, permitting and drill targeting across its Peru and Argentina project portfolio.
Recurring updates include work at the Antonella, Libélulas and Tayacoto areas in Peru’s Ancash region, including the Antonella and Antonella North vein systems, as well as the Cerro Bayo and La Flora gold-silver projects in Argentina’s Deseado Massif. Company announcements also cover exploration personnel, investor communications arrangements, and the use of geoscience analytics for target ranking and drill planning.
Daura Gold (DGCOF) announced a CEO transition effective November 1, 2025: Mark Sumner moves from President to Chief Executive Officer while Luis Saenz will remain on the board to support Peruvian operations. The company reported a completed non‑brokered private placement closed on October 9, 2025 that issued 28,000,000 units at $0.25 per unit for gross proceeds of $7,000,000. Each unit included one share and one‑half warrant exercisable at $0.375 until October 9, 2027. The company paid finders' fees of $218,277.50 and issued 1,726,970 finders' warrants plus 853,860 finders' units, correcting previously reported numbers. All securities are subject to a statutory hold period until February 10, 2026.
Daura Gold (DGCOF) entered a binding letter agreement (dated November 3, 2025) with Latin Metals to earn up to an 80% interest in the Cerro Bayo and La Flora gold‑silver projects in the Deseado Massif, Argentina.
Key terms: earn 75% in 38 months by paying US$1.7M, assuming US$400k to the underlying vendor, delivering a NI 43‑101 technical report with a mineral resource, and completing 28,000m of drilling (including 1,500m and specified IP work by Apr 30, 2026). Daura may top up to 80% via per‑ounce cash payments on measured/indicated and inferred AuEq resources.
Daura Gold (DGCOF) announced the appointment of Mr. Stuart Mills, M.Sc., as Vice President of Exploration effective October 14, 2025. Mr. Mills brings over 30 years of international exploration, feasibility and M&A experience and has held senior roles at Anglo American, Lundin Mining and Red Back Mining. He has participated in multiple multi‑million‑ounce gold discoveries and led regional programs across Africa, the Middle East, Europe, Asia-Pacific and the Andes. Management says Mills will advance exploration at the Antonella and Bonita Projects in southern Peru and support regional growth opportunities.
Daura Gold (TSXV: DGC) closed an upsized, oversubscribed private placement of 28,000,000 units at $0.25 per unit for gross proceeds of $7,000,000 on October 9, 2025. Each unit includes one common share and one-half warrant; each full warrant is exercisable at $0.375 until October 9, 2027.
Proceeds are expected to be used to advance exploration in the Ancash Department of Peru, including the Antonella flagship project and the Yanamina project, and for general working capital. The company paid $218,277.50 in finders' fees and issued 1,782,970 finders' warrants plus 909,860 finders' units. All securities are subject to resale restrictions until February 10, 2026.