Daura Gold Consolidates Key Ground Next to Highlander Silver in Peru's Ancash District

Daura Gold Corp. (TSX-V: DGC) — a newly listed junior explorer currently trading undiscovered around C$0.16 per share in a near record gold market — has significantly expanded its strategic land position in one of Peru’s most prospective gold-silver districts. 

Antonella and Cochabamba Project map

Daura Gold (“DGC”) announced the acquisition of 5 key mineral concessions totaling ~2,900 hectares, directly adjoining its flagship Antonella project, and surrounding Highlander Silver’s Bonita target where active drilling is underway with assays on-deck.

Daura Gold CEO Luis Saenz commented on the accretive acquisition via press release: 

“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’s newly acquired ground lies within the Pucajirca volcanic center, host to the San Luis, Antonella, and Bonita vein systems, representing a major leap forward in consolidating the broader structural corridor (see below; Daura in red, Highlander Silver in green, Barrick in blue). 

highlighted areas map

The aforementioned vein systems reside in a geological setting known for high-grade epithermal gold-silver mineralization. In fact, DGC’s flagship Antonella project lies directly adjacent to Highlander Silver’s San Luis project, which hosts a reported resource of approximately 350,000 ounces of gold at an average grade of 22 grams per tonne gold (g/t Au).

Daura’s latest property acquisition includes three high-priority zones with mapped vein outcrops and potential continuity into the Bonita system, enhancing both the scale and upside of the company’s already promising land package.

Importantly, the new concessions fall within 700 to 1,000 meters of Highlander’s rigs with historical drill results that include 35 meters of 5.5 g/t Au just 700 meters south of Daura’s ground. 

Combined with existing historical drilling at Antonella and previously acquired projects such as Yanamina (which hosts over 200,000 ounces of near-surface gold), Daura’s broader Ancash land package now exceeds 16,000 hectares across multiple high-impact targets with a large percentage of that ground situated in and around Highlander’s San Luis complex.

DGC will be initiating detailed mapping and geophysics this quarter with the goal of refining targets for drill permitting. The Daura team is targeting next July-August to be fully drill-ready at Antonella — a timeline that should align well with the positive exploration momentum that’s building district-wide. 

Antonella high-grade gold target in Peru details

Ongoing community engagement has also led to successful agreements across Pampas and other DGC concessions, positioning Daura Gold as a responsible operator with fervent local support.

At a ~C$6.2M market cap, Daura offers asymmetric upside in a region that’s presently drawing the attention of major operators and well-funded and well-represented juniors alike. [More on that from Leede Financial executive vice president Brad Hemingson is available here.

For example, Highlander Silver — whose Bonita and San Luis targets border Daura’s ground — commands a current market cap of ~C$400M and is backed by key mining figures such as Richard Warke, Eric Sprott, and the Lundin family. 

Plus, global majors such as Barrick are continuing to expand their regional footprint within close proximity to Daura’s Tayacoto and Cochabamba concessions (see Barrick’s area concessions highlighted in blue below; Daura in red).

Daura map with large highlighted projects

With gold trading firmly above US$3,300 an ounce and with institutional capital flowing back into Latin American mineral exploration and development, Daura’s timing could not be better. 

DGC’s newly acquired concessions — adjacent to proven mineralization and directly aligned with key fault trends under exploration and active drilling by larger players — offer a compelling entry point into one of Peru’s most geologically fertile precious metals districts. 

For speculators looking to get in early on a newly consolidated land package ahead of maiden drilling, Daura Gold is now firmly on the radar.

For a deeper dive, our own Gerardo Del Real of Junior Resource Monthly caught up with Daura Gold director Mark Sumner to discuss the latest acquisition along with next-steps in the advancement of the company’s impressive portfolio in Peru’s mineral-rich Ancash region. Please enjoy!

For additional information on Vancouver-based Daura Gold Corp., please contact the company’s IR department at 604-669-0660 or via email form or directly at investors@dauragold.com.

Visit the Daura Gold corporate website and sign up to receive updates from the company here. View the most recent Investor Presentation here

Yours in profits,

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest

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