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Daura Gold Advances Option to Phase Two Drilling at Cerro Bayo and La Flora
Daura Gold progresses two high-grade gold-silver projects in the Deseado Massif as initial drilling strengthens confidence Initial Cerro Bayo drill program
About this update from Daura Gold Corp.
[{"type":"text","content":" Daura Gold progresses two high-grade gold-silver projects in the Deseado Massif as initial drilling strengthens confidence Initial Cerro Bayo drill program completed; assays pending La Flora permits submitted and drill testing planned in the second phase in Q3/Q4 2026 Vancouver, British Columbia--(Newsfile Corp. - May 7, 2026) - Daura Gold Corp. (TSXV: DGC) (OTCQB: DGCOF) (the \"Company\" or \"Daura\") is pleased to announce that it has advanced its previously announced option (see news release dated November 3, 2025) to Phase Two drilling at the Cerro Bayo gold-silver project (\"Cerro Bayo\") and La Flora gold-silver project (\"La Flora\" and together with Cerro Bayo, the \"Projects\") in Santa Cruz Province, Argentina, pursuant to its option agreement with Latin Metals Inc. ((TSXV: LMS) (OTCQB: LMSQF) (\"Latin Metals\")). Phase Two marks an important step in Daura's exploration strategy within the prolific Deseado Massif and reflects the Company's growing confidence in the geological potential emerging from its partnership with Latin Metals. This milestone follows completion of Daura's inaugural drill program at Cerro Bayo, while the Company's initial drilling at La Flora is targeted for Q3/Q4 2026. \"Undertaking Phase Two at Cerro Bayo and La Flora reflects our growing conviction in the potential of these Projects and the encouraging progress we continue to see in the field,\" said Mark Sumner, Chairman and CEO of Daura Gold. \"While we await final assay results from our Phase One drill program at Cerro Bayo, the work completed to date has strengthened our confidence in the system and the broader opportunity emerging across the district. Advancing La Flora alongside Cerro Bayo provides Daura with another compelling opportunity to test a high-grade vein system with visible gold identified at surface.\" Cerro Bayo Phase One of drilling at Cerro Bayo, totaled 18 holes across 10 priority targets for approximately 1,850 metres including three additional step-back holes at the Ingrid, Elena and Eugenia target areas (See Figure 1). The Company is currently awaiting assay results, which are expected in the coming weeks. La Flora At La Flora, drill permit applications have been submitted, and the Company remains on track for a Q3/Q4 2026 initial drill test, expected to coincide with Phase Two drilling at Cerro Bayo. Ph...