News Release
Daura Capital Corp. Provides Update on Proposed Qualifying Transaction

July 23, 2024

Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Daura Capital Corp. (TSXV: DUR.P) (the "Company" or "Daura"), a capital pool company under the policies of the TSX Venture Exchange (the "TSXV"), is pleased to provide an update on the status of its proposed qualifying transaction (the "Qualifying Transaction") to acquire Estrella Gold S.A.C. ("Estrella").


As previously announced, Daura has entered into a definitive agreement to acquire all of the outstanding shares of Estrella from its shareholders (the "Estrella Shareholders") in consideration for 7,000,000 common shares of Daura. In addition, Daura has made its initial filings with the TSXV to seek conditional acceptance of the proposed Qualifying Transaction. Daura is continuing to work diligently towards the completion of the proposed Qualifying Transaction under the policies of the TSXV.


About Estrella Gold S.A.C. and the Cochabamba Project


Estrella is a closely held corporation (S.A.C.) formed under the laws of Peru, engaged in the acquisition and exploration of mineral resource properties. Estrella was formed in August 2018 for the purpose of engaging in the business of acquiring, exploring and developing mineral resource properties. Estrella's principal focus to date has been on the acquisition of the mining concessions and applications making up the Cochabamba Project.


The Cochabamba Project consists of 10 mining concessions covering an effective area of 7,223.87 Ha, located on the western flank of the Cordillera Negra, in north central Peru. Included in the Cochabamba Project mining concessions that Estrella owns is the Antonella Daniela I Concession. The Antonella Daniela I Concession covers an area of 900Ha and is currently the main area of interest on the Cochabamba Project. The mineralized veins of the old Esperanza mine form the current main area of interest and were the focus of the bulk of previous exploration activity. The mine is centered at 187,000mE 8,956,000mN and at an altitude of 3700 meters above sea level, and lies entirely within the Antonella Daniela I Concession. Politically the project is located within the Rural Community/Districts Cochabamba, Cacchan, Ecash and Colcabamba, in the Province of Huaraz, Department of Ancash. The Cochabamba Project is an exploration stage project prospective for gold, silver, copper, lead and zinc.


To read the rest of this news release please visit: https://www.newsfilecorp.com/release/217533/Daura-Capital-Corp.-Provides-Update-on-Proposed-Qualifying-Transaction

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Other Recent Daura Gold News Releases.

March 4, 2026
March 4, 2026 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce that it has expanded the land package of the 100%-owned Tayacoto Project located in Peru (“Tayacoto” or the “Project”), by staking the 1,000-hectare Agustina concession immediately north of Tayacoto. This strategic acquisition consolidates the Company’s control over the northern extension of the interpreted structural corridor that hosts mineralization within Tayacoto. The concession was acquired by direct application through INGEMMET, Peru’s state agency for mining concessions. Mark Sumner, Daura’s CEO, commented: “The addition of the Agustina concession represents an important step in consolidating the broader Tayacoto district. Tayacoto hosts high-grade silver-gold-copper-lead vein mineralization outboard of Daura’s principal porphyry-type exploration targeting. The addition of Agustina strengthens our control in the area, providing an opportunity to expand both the known polymetallic vein systems and evaluate the porphyry potential in a mineralizing district containing world-class deposits that fit within an iIntrusion-centered exploration model.” The concession (highlighted in red with a black outline in Figure 1 ) lies within a region previously termed the Pucajirca Volcanic Center. This ‘volcanic center’ contains a number of porphyry-type prospects hosted within the Calipuy Volcanic Group, including Highlander Silver Corp.’s Cerro Colorado and Daniela projects. Previously reported reconnaissance mapping and sampling within the Tayacoto concession returned high-grade surface sampling results, including 6.1 g/t Au, 1,153 g/t Ag, 0.4% Cu, and >14% Pb ( Daura News Release, November 11, 2025 ). These results confirm strong silver-lead mineralization with subordinate copper, zinc, and gold. This reported sampling is situated approximately 2.5 km east of Highlander Silver Corp.’s Daniela project and 1.5 km west of Daura’s porphyry-type exploration target within the Tayacoto concession ( Figure 2a ). The potential quantity and grade is conceptual in nature, as there has been insufficient exploration to define a mineral resource at Tayacoto, and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The Company is currently undertaking a remote sensing targeting program integrating surface sampling results, ASTER-derived hydrothermal alteration mapping, and detailed structural targeting analysis ( Figure 2b ).
February 23, 2026
February 23, 2026 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce that, following a detailed review of historical drill core, new high-grade infill sampling results have significantly enhanced the precious metals intercepts at its flagship Antonella Project (“Antonella” or the “Project”), adjacent to Highlander Silver Corp.’s Bonita Project in Ancash, Peru. The previous, private owner of the Project drilled 12 holes at Antonella in 2011 and selectively sampled drill core, leaving significant mineralized intervals unsampled. Systematic infill sampling of the historic core has increased gold equivalent ‡ gram meters * for the Project’s significant intercepts # by 51%, confirming higher-grade continuity in the key vein systems from existing core. Highlights are listed below with corresponding images, drill map and sections in Figures 1-5. Drill intercepts are in Table 1. Mark Sumner, CEO of Daura commented, “The systematic infill sampling of historic drill core has significantly increased the previously reported gold and silver intervals at Antonella, revealing wide intercepts across multiple holes and identifying high grade vein mineralization in 9 of 12 drill holes. This new data underpins the potential of the Antonella project, as well as the quality of Daura’s technical team by recognizing and executing on the opportunity to enhance our drilling dataset”. Stuart Milles, VP of Exploration for Daura, commented, “The upgraded drill intercepts at Antonella provide critical new insights into Antonella’s mineralizing system, including high-value pathfinder geochemical vectors. These data are essential for targeting high-grade extensions and expansion of the Antonella deposit in the Company’s future planned drill program”. Highlights of the Recent Drill Core Infill Sampling Program: 513 infill drill core samples were collected from the historic drill core from Antonella Main zone. CBD11004B - 22.4m at 4.36 g/t Au & 23 g/t Ag from 36.8m, including: 1.50m at 4.85 g/t Au and 11.40 g/t Ag from 40.1m; 1.20m at 8.77 g/t Au and 60.90 g/t Ag from 42.6m; 0.50m at 18.86 g/t Au and 24.50 g/t Ag from 50.2m; 0.65m at 20.52 g/t Au and 45.70 g/t Ag from 51.9m; and 0.80m at 19.25 g/t Au and 241 g/t Ag from 52.55m. CBD11004A - 17.2m at 0.95 g/t Au & 10 g/t Ag (1.11 g/t AuEq. ‡ ) from 30.4m, including; 1.10m at 2.85 g/t Au and 39.8 g/t Ag from 42.3m; and 1.30m at 2.33 g/t Au and 14.4 g/t Ag from 43.4m. CBD11007 - 8.15m at 1.98 g/t Au & 17 g/t Ag (2.24 g/t AuEq. ‡ ) from 127.0m, including; 0.85m at 8.73 g/t Au and 63.70 g/t Ag from 127.0m; and 0.40m at 15.75 g/t Au and 46.90 g/t Ag from 131.2m. CBD11001 - 6.6m at 1.61 g/t Au & 5.13 g/t Ag, from 34.2m, including; 0.20m at 47.20 g/t Au and 102 g/t Ag from 40.6m. CBD11001 - 7.1m at 1.79 g/t Au & 23 g/t Ag (2.16 g/t AuEq. ‡ ) from 100.6m, including; 0.15m at 20.22 g/t Au and 110 g/t Ag from 100.6m; and 0.35m at 24.10 g/t Au and 120 g/t Ag from 104.8m. CBD11006 - 1.0 m at 8.0 g/t Au & 54 g/t Ag (8.9 g/t AuEq. ‡ ) from 58.9m
February 17, 2026
February 17, 2026 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce that it has commenced its Phase One diamond drilling program at the Cerro Bayo Gold–Silver Project (“Cerro Bayo” or the “Project”), located in Santa Cruz Province, Argentina. Cerro Bayo is located in Argentina’s premier gold-silver district, the Deseado Massif, which has produced 600+ million ounces of silver and 20+ million ounces of gold since 1990 and hosts major mines like Newmont’s Cerro Negro and Hochschild’s San Jose. See the details of Daura’s option agreement on Cerro Bayo in the Company’s news release dated November 3, 2025 ( Cerro Bayo News Release ). “The commencement of drilling at Cerro Bayo is a key milestone for Daura and marks the first systematic drill test of this highly prospective project,” said Mark Sumner, CEO of Daura Gold. “With 15 well-defined targets supported by geochemistry and IP geophysics, this Phase One program gives us multiple opportunities for discovery and represents an important step in unlocking this project’s potential.” Drill Program Overview The Phase One drilling program will consist of approximately 22 diamond drill holes totaling 1,500 metres, designed to test 15 priority exploration targets generated from the integration of historical geochemical sampling, gradient array Induced Polarization (“IP”) survey and defined by IP Profiling. In the northern target area, three pole-dipole IP profile lines were completed, resulting in the identification of eight drill targets. Initial drilling will focus on three priority targets, which will be tested with ten diamond drill holes totaling approximately 500 metres. In the southern target area, seven priority drill targets have been outlined and will be tested with 14 diamond drill holes totaling approximately 1,000 metres. These targets are associated with Apparent Resistivity features that coincide with the surface geochemical responses and are interpreted as structural controls, consistent with the Project’s low-sulfidation epithermal gold–silver mineralization model. The objective of the program is to confirm the presence, continuity, and orientation of mineralized structures at depth, while advancing multiple target areas toward potential follow-up drilling. The Company will provide updates as drilling progresses and analytical results are received and interpreted.
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