News Release
Daura Gold Announces CEO Transition

November 5, 2025

November 5, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura”) is pleased to announce the recent transition of Mr. Mark Sumner to Chief Executive Officer, effective November 1, 2025.


Mr. Sumner, formerly President and Director, will assume responsibility for the Company’s day-to-day operations and strategic direction as it enters a new phase of exploration and growth.


Luis (“Lucho”) Saenz, Daura’s current CEO, will remain on the Board of Directors and continue to play a critical role in Peru, supporting advancement of the Company’s flagship Antonella–Libélulas Project and broader regional activities.


“Formalizing Mark’s transition to CEO comes at an exciting time for Daura,” said Luis Saenz, Director. “His leadership has been central to the Company’s evolution from inception to an emerging exploration story with exceptional growth potential. I look forward to continuing to contribute on the ground as we advance the flagship Antonella–Libélulas Projects in Peru.”


“I’m honoured to lead Daura into its next phase of development,” said Mark Sumner, incoming CEO of Daura Gold. “With a strong treasury, an experienced technical team, and a clear focus on high-impact exploration, Daura is well positioned to deliver meaningful results and create long-term value for shareholders.”


Finders’ Fee Update


On October 9, 2025 the Company closed its non-brokered private placement (the “Offering”) and issued 28,000,000 units (each, a “Unit”) at a price of $0.25 per Unit for gross proceeds of $7,000,000. Each Unit consists of one common share in the capital of the Company (each, a “Share”) and one-half-of-one Share purchase warrant (each whole warrant, a “Warrant”). Each Warrant entitles the holder to purchase one additional Share at a price of $0.375 until October 9, 2027.


In connection with completion of the Offering, the Company paid finders’ fees of $218,277.50 and issued 1,726,970 non-transferable share purchase warrants (each, a “Finders’ Warrant”) and 853,860 units (each, a “Finders’ Unit”) to certain arms-length third-parties who assisted in introducing subscribers. The number of Finders’ Warrants and Finders’ Units issued were incorrectly reported in the news release issued by the Company on October 9, 2025. Each Finders’ Warrant is exercisable on the same terms as the Warrants. Each Finders’ Unit consists of one Share and one-half-of-one Finders’ Warrant. All securities issued in the Offering are subject to a statutory hold period until February 10, 2026, in accordance with applicable Canadian securities laws.

About Daura Gold Corp.

Listed on the TSX Venture Exchange, Daura is advancing high-impact exploration projects in Peru’s renowned Ancash region. Daura owns a 100% undivided interest in over 15,900 hectares of exploration concessions in Ancash, including the 900-hectare Antonella target and adjacent 2,900 Libelulas concessions, which is the primary focus of Daura’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

btsang@seabordservices.com



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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Other Recent Daura Gold News Releases.

November 3, 2025
November 3, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce it has entered into a binding letter agreement (the “Agreement” ) with Latin Metals Inc. (TSXV: LMS)(OTCQB: LMSQF) (“Latin Metals”) , an arms-length party, granting Daura the right to earn up to an 80% interest in the Cerro Bayo and La Flora gold-silver projects (together, the “Projects” ) located in the prolific Deseado Massif, Santa Cruz Province, Argentina. Mark Sumner, President of Daura Gold commented: “As Daura continues to advance its flagship Antonella Project in Peru, this agreement provides the Company with excellent optionality on a high-quality, drill ready target in the Deseado Massif, which is one of the world’s most prolific gold and silver districts. This agreement directly aligns with Daura’s strategy of targeting and advancing high-grade epithermal gold and silver systems in proven mineral belts, complementing the Company’s exciting projects in Peru.” Cerro Bayo & La Flora: High-Grade Gold-Silver Potential in the Deseado Massif The Cerro Bayo and La Flora Project lie in the heart of Argentina’s premier gold-silver district, the Deseado Massif, which has yielded more than 600 million ounces of silver and 20 million ounces of gold since 1990 (1) . The district hosts world-class operations such as Newmont’s Cerro Negro Mine (~7 Moz AuEq 2 ) and Hochschild’s San Jose Mine (~64 Moz AgEq 3 ). Exploration to date at Cerro Bayo has defined a 6-kilometre-wide structural corridor with multiple low-sulfidation epithermal-style vein target areas — the same style responsible for the region’s highest-grade precious metal deposits. Key technical highlights include: Nine high-priority drill target areas identified by geochemistry, mapping, IP surveys and over 100 line-km of detailed magnetics; Surface Samples at La Flora have returned up to 71 g/t Au and 150 g/t Ag, and 82 g/t Au and 1,239 g/t Ag. And 2.3 g/t Au and 600 g/t Ag at Cerro Bayo. Drill ready with 21 fully permitted drill pads, following Environmental Impact Assessment (EIA) approval received in early 2025; Year-round access and strong infrastructure supporting a rapid exploration start-up; Geological and alteration characteristics consistent with known high-grade gold-silver systems in the Deseado Massif. Option Terms Daura will be granted the option (the “ Option ”) to earn a 75% undivided interest in the Projects for a period (the “ Option Period ”) of 38 months from the date of execution and delivery (the “ Effective Date ”) of the Letter Agreement. To exercise the Option, Daura must make aggregate payments of US $1,700,000 to Latin Metals, assume payments of US $400,000 to the Underlying Vendor (as defined below), complete exploration work commitments, and prepare and deliver to Latin Metals a report prepared in accordance with Form 43-101F1 on the Properties (the “ Technical Report ”), addressed to Latin Metals and containing a mineral resource estimate on the Projects. Irrevocable work commitments to be completed on or before April 30, 2026, are 50-line km of IP profiling, 150-line km of gradient array IP, and 1,500 meters of drilling. A total of 28,000m of drilling must be completed prior to the exercise of the Option. The Projects are currently subject to an underlying purchase agreement (see news release dated June 25, 2025) between Latin Metals and Tres Cerros Exploraciones S.R.L. (the “ Underlying Vendor ”). The Underlying Vendor retains a 0.75% NSR royalty, 0.5% of which can be purchased for US $1,000,000, which cost will be assumed by Daura. Top Up Right Concurrently with the exercise of the Option, Daura may give notice to Latin Metals of its intention to increase its interest in the Projects to 80% (the “ Top-Up Right ”). To exercise the Top-Up Right, Daura must make cash payments to Latin Metals based on the measured, indicated and inferred mineral resources included in the mineral resource estimate set out in the Technical Report, as follows: US$7.00 per gold equivalent ounce of measured and indicated resources; and US$5.00 per gold equivalent ounce of inferred resources, Table 1: Option Terms
October 14, 2025
October 14, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce the appointment of Mr. Stuart Mills, M.Sc., as Vice President of Exploration. Mr. Mills brings over 30 years of global expertise in mineral exploration, feasibility-stage projects, and M&A, with key roles in multiple multi-million-ounce gold discoveries across Africa, the Middle East, and Europe. He has held senior technical and management positions with leading firms, including Anglo American, Lundin Mining, and Red Back Mining. At Anglo American, he served in senior geological roles across Turkey, Yemen, Iran, and Eastern Europe. As Country Manager in Ireland, he led the discovery of the Bog Zone satellite orebody to Anglo’s Lisheen zinc-lead mine. As Principal Geologist for Asia-Pacific, he oversaw a significant zinc-lead discovery in Australia’s Northern Territory and managed exploration in China and India. At Lundin Mining, as Regional Exploration Manager for Africa-Eurasia, he provided technical oversight for major investments, including the Ozernoe Zn-Pb Feasibility Study in Russia and the Tenke Fungurume copper-cobalt project in the DRC, while contributing to M&A initiatives from Peru to Eritrea. At Red Back Mining, he held senior roles in project generation, M&A, and exploration management prior to its acquisition by Kinross Gold. He then collaborated with Red Back’s executive team on new ventures, including leadership at Sirocco Mining, where he was instrumental in discovering the Morondo gold deposit in Côte d’Ivoire (now Montage Gold’s Kone Project). As Country Manager in Sudan, he led the discovery of Galat Sufar South (now Perseus Mining’s Meyas Sand Project). “We are delighted to welcome Stuart to the Daura Gold leadership team,” said Mark Sumner, President of Daura Gold. “His discovery record and depth of technical expertise will be invaluable as we continue advancing exploration at our Antonella and Bonita Projects in southern Peru and evaluate new growth opportunities across the region.” “Daura Gold is positioned in one of the most exciting gold-silver belts in the Andes, and I’m eager to contribute to expanding its resource potential,” said Stuart Mills. “With a strong technical team and supportive board, we have all the right elements to deliver meaningful results.” Mr. Mills holds a Master of Science in Mineral Exploration and Mining Geology and is a Professional Geologist with extensive international experience in both greenfield and brownfield settings.
October 9, 2025
October 9, 2025 – Vancouver, British Columbia – Daura Gold Corp. (TSXV:DGC) (the “Company” or “Daura” ) is pleased to announce it has closed its upsized and oversubscribed private placement of 28,000,000 units of the Company (the “ Units ”) at a price of $0.25 per Unit for gross proceeds of $7,000,000 (the “ Offering ”). Each Unit consists of one common share of the Company and one-half-of-one share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant entitles the holder to acquire an additional common share of the Company at a price of $0.375 until October 9, 2027. The Company expects to utilize the proceeds of the Offering for advancement of its exploration land package in the Ancash Department of Peru, including the Company’s flagship Antonella project and the Yanamina Project 40km, north of Antonella, and for general working capital purposes. “We’re very pleased to have completed this upsized, oversubscribed $7 million private placement,” stated Mark Sumner, President of Daura. “Investor participation exceeded expectations and we’re very grateful for the market’s confidence in Daura’s vision and project pipeline. With this financing now complete, we’re moving forward with our exploration and community initiatives across our projects.”  In connection with completion of the Offering, the Company paid finders’ fees of $218,277.50, and issued 1,782,970 finders’ warrants and 909,860 finders’ units to eligible third-parties who introduced subscribers to the Offering. The finders’ warrants are exercisable on the same terms as the Warrants, and the finders’ units consist of the same securities as the Units. All securities issued in connection with the Offering are subject to restrictions on resale until February 10, 2026 in accordance with applicable securities laws.
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