Click here to read important disclaimer & disclosures Click here to see more about Daura Gold
Categories:
Precious Metals
Topics:
Gold Stocks
Daura Gold (TSX-V: DGC) CEO Mark Sumner on Multi-Project 2026 Drilling at Antonella in Peru and Cerro Bayo in Argentina as Gold Retakes US$5K
Gerardo Del Real: This is Gerardo Del Real with Resource Stock Digest. Joining me today is the CEO of Daura Gold Corp. (TSX-V: DGC) — Mr. Mark Sumner. Mark, it’s great to have you back on.
We caught up briefly at the Vancouver Resource Investment Conference (VRIC). Gold is back near $5,000/oz and silver is back above $75/oz despite what people are calling a pullback, which I find hilarious. How are you doing today?
Mark Sumner: I’m doing great. Thanks for having me. VRIC was really interesting. The enthusiasm was extremely high. Sunday was madness, and Monday was just as crazy. It was great to catch up with so many people and really see how much depth this market has. I honestly think we’re just getting started.
Gerardo Del Real: I couldn’t agree more. I think the ‘correction’ was healthy and necessary. And look, I said this just yesterday — if you had told me a year ago that the new floor for gold would be in the $4,700 to $4,800 range, and the new floor for silver would be in the mid-$70s, I would’ve signed up for that 100 times out of 100.
With that said, you keep knocking out high-grade surface samples from Antonella. You also had some news out a couple of days ago that I want to touch on. Your neighbor, Highlander Silver, now sports a market cap that is many, many times what Daura’s is right now.
You’ve had some paper come loose, there’s liquidity in the market — a great time to have you on and talk about why potential new shareholders should be paying attention to Daura Gold.
Mark Sumner: Yes, for sure. The main goal at Antonella right now is drill targeting. As you mentioned, the surface samples we released a couple of days ago are all part of that process.
Recently, we’ve been increasing the resolution of our satellite imagery to establish a better structural framework across the entire Antonella project. Through that work, we’ve identified two separate 5-km-plus structural corridors hosting these veins.
What we call Antonella Main is the area where we’ve already seen standout drill intercepts and extensive surface expression of very high-grade gold and silver veins. Antonella North sits on a parallel structure — a vein system running adjacent and parallel to Antonella Main — and we’re seeing incredible grades there as well.
We’ve reported 55 grams per tonne gold at surface and hundreds of grams per tonne silver. In our most recent release, we reported an 8 g/t gold and 189 g/t silver sample.
We keep finding additional surface expressions of these veins, and it’s really exciting to see how the project is shaping up. The next steps involve geophysics — looking at these structures undercover and understanding what the vein systems look like at depth.
Most of the system is undercover. Everything we’re doing is geared toward drill targeting, securing approvals, and getting drilling underway as soon as possible.
Gerardo Del Real: Excellent. What comes next?
Mark Sumner: One of the big developments is that we’re about to mobilize a drill rig at Cerro Bayo, which is incredibly exciting. We’ve already released news on Cerro Bayo where we completed geophysics and finalized drill targeting, and we’ve got 22 holes planned across 15 different targets.
Our first target there is called Ingrid. That vein system is mapped at surface over 700 meters with silver grades up to 600 g/t and gold grades between 2 and 2.5 g/t. It’s a very compelling target. We’ll be announcing rig mobilization shortly, and then we’ll be drilling over the next 40 to 45 days.
Beyond that, we’re also building additional datasets for our Tayacoto Project, which we haven’t talked much about yet but is shaping up to be quite exciting. At the same time, we’re working toward a maiden resource at Yanamina, located about 40 km north of Antonella — another very high-grade, near-surface epithermal gold-silver project.
So, we’ve got a lot going on and expect to be very busy for the foreseeable future.
Gerardo Del Real: Your timing couldn’t be better. I know everyone wants to see the drill bit turning, and now you’ve lined up not one but two projects that people are eager to watch.
When it comes to Cerro Bayo, you’re not chasing a blind discovery — there’s already a known system there that’s been drilled before. But this will be the first truly systematic drill program. Can you walk us through the history of Cerro Bayo and what motivated you to bring it forward now ahead of what had been considered the flagship?
Mark Sumner: Absolutely, Cerro Bayo is a really interesting project. It was originally optioned to Barrick, which completed a substantial amount of work — IP surveys, gradient array, and extensive surface mapping across multiple targets. We’ve since enhanced that with additional surface geochemistry.
A few years ago, Barrick exited roughly 85% to 90% of its exploration projects in Argentina for corporate reasons, and Cerro Bayo was already fairly advanced in the drill-permitting process. Latin Metals completed that permitting last year.
In my view, Cerro Bayo was a sleeper. Barrick’s technical team clearly saw potential there but corporate decisions curtailed the work. That created a great opportunity for us to step into a project with a robust historical dataset, now further enhanced by our IP work and ongoing gradient array surveys tied directly into the drill program.
We’re still generating new data and refining targets for future phases but the project sits within a prolific district. There are more than 30 mines in the region — including Cerro Negro and Cerro Vanguardia — with hundreds of millions of ounces of silver mined historically and roughly 20 million ounces of gold produced over the past couple of decades.
It’s an outstanding area with incredible history, and we’re thrilled to be mobilizing the rig. Once drilling starts, that’s when the real excitement begins.
Gerardo Del Real: Exciting times, Mark. I think this is shaping up to be a transformational year for you and the team. The market has legs, and discoveries in this environment are being richly rewarded. I’m looking forward to having you back on soon.
Mark Sumner: Thank you, Gerardo. I really appreciate it.
Gerardo Del Real: Alright, chat soon. Cheers.
Mark Sumner: Cheers.
Click here to see more from Daura GoldIMPORTANT DISCLAIMER & DISCLOSURES
Resource Stock Digest, as a publisher, is not a broker, investment advisor, or financial advisor in any jurisdiction.
Please do not rely on the information presented by Resource Stock Digest as personal investment advice.
If you need personal investment advice, kindly reach out to a qualified and registered broker, investment advisor, or financial advisor.
The communications from Resource Stock Digest should not form the basis of your investment decisions. Examples we provide regarding share price increases related to specific companies are based on randomly selected time periods and should not be taken as an indicator or predictor of future stock prices for those companies.
Daura Gold has sponsored this report.
The information in this newsletter does not constitute an offer to sell or a solicitation of an offer to buy any securities of a corporation or entity, including U.S. Traded Securities or U.S. Quoted Securities, in the United States or to U.S. Persons. Securities may not be offered or sold in the United States except in compliance with the registration requirements of the Securities Act and applicable U.S. state securities laws or pursuant to an exemption therefrom.
Any public offering of securities in the United States may only be made by means of a prospectus containing detailed information about the corporation or entity and its management as well as financial statements. No securities regulatory authority in the United States has either approved or disapproved of the contents of any newsletter. Neither Resource Stock Digest nor any employee of Resource Stock Digest is registered with the United States Securities and Exchange Commission (the “SEC”): as a “broker-dealer” under the Exchange Act, as an “investment adviser” under the Investment Advisers Act of 1940, or in any other capacity. Resource Stock Digest, its owners, directors, and employees are also not registered with any state securities commission or authority as a broker-dealer or investment advisor or in any other capacity.
HIGHLY BIASED:
In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Resource Stock Digest has received cash compensation from Daura Gold and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.
Resource Stock Digest, and its owners, directors, employees, and members of their households may own shares of Daura Gold. Therefore, Resource Stock Digest is extremely biased. Measures are in place such that no shares will be sold during the active awareness campaign.
HIGH RISK:
The securities issued by the companies we feature should be seen as high risk; if you choose to invest, despite these warnings, you may lose your entire investment. You must be aware of the risks and be willing to accept them in order to invest in financial instruments, including stocks, options, and futures.
NOT PROFESSIONAL ADVICE:
By reading this, you agree to all of the following: You understand this to be an expression of opinions and NOT professional advice. You are solely responsible for the use of any content and hold Resource Stock Digest, and all partners, members, and affiliates harmless in any event or claim. While Resource Stock Digest strives to provide accurate and reliable information sourced from believed-to-be trustworthy sources, we cannot guarantee the accuracy or reliability of the information. The information provided reflects conditions as they are at the moment of writing and not at any future date. Resource Stock Digest is not obligated to update, correct, or revise the information post-publication.
FORWARD-LOOKING STATEMENTS:
Certain information presented may contain or be considered forward-looking statements. Such statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in these statements. There can be no assurance that any such statements will prove to be accurate, and readers should not place undue reliance on such information. Resource Stock Digest does not undertake any obligations to update the information presented or to ensure that such information remains current and accurate.