Business
Daura Gold Secures Option to Acquire up to 80% Interest in the High-Grade Cerro Bayo and La Flora Gold-Silver Projects, Santa Cruz Province, Argentina
Vancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Daura Gold Corp. (TSXV: DGC) ...
About this update from Daura Gold Corp.
[{"type":"text","content":"Daura Gold Secures Option to Acquire up to 80% Interest in the High-Grade Cerro Bayo and La Flora Gold-Silver Projects, Santa Cruz Province, ArgentinaVancouver, British Columbia--(Newsfile Corp. - November 3, 2025) - Daura Gold Corp. (TSXV: DGC) (\"Daura\" or the \"Company\") 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 MassifThe 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 19901. The district hosts world-class operations such as Newmont's Cerro Negro Mine (~7 Moz AuEq2) and Hochschild's San Jose Mine (~64 Moz AgEq3).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 ...