New Risk • May 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.6m free cash flow). Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$30.1m market cap, or US$22.1m). New Risk • May 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Shareholders have been substantially diluted in the past year (98% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (CA$27.1m market cap, or US$20.0m). Announcement • Feb 17
Daura Gold Corp. Commences Drilling At Cerro Bayo Gold-Silver Project, Argentina Latin Metals Inc. reported that its option partner, Daura Gold Corp. ("Daura"), has commenced Phase One diamond drilling at the Cerro Bayo Gold-Silver Project, located in Santa Cruz Province, Argentina. Cerro Bayo is being advanced under an option agreement pursuant to which Daura can earn up to an 80% interest in the project through staged cash payments and exploration expenditures. All drilling and exploration activities at Cerro Bayo are fully funded by Daura. The Phase One drill program comprises approximately 22 diamond drill holes totaling 1,500 metres, designed to test 15 priority exploration targets generated from the integration of historical geochemical sampling and recent induced polarization ("IP") geophysical surveys, including gradient array IP and IP profiling. In the northern target area, three pole-dipole IP profile lines have outlined eight drill targets. Initial drilling will focus on three priority targets, to be tested by ten diamond drill holes totaling approximately 500 metres. In the southern target area, seven priority drill targets have been defined and will be tested by 14 diamond drill holes totaling approximately 1,000 metres. The objective of the Phase One program is to confirm the presence, continuity, and orientation of mineralized structures at depth, while advancing multiple target areas toward potential follow-up drilling. Announcement • Jan 21
Daura Gold Corp. Announces Completion of 27 Km of Induced Polarization Surveying and Advances Drill Target Definition At the Cerro Bayo Gold- Silver Project, Santa Cruz Province, Argentina Daura Gold Corp. announced the successful completion of 27 line-kilometers of Induced Polarization (IP) profiling at the Cerro Bayo Gold-Silver Project ("Cerro Bayo" or the "Project"), located in Santa Cruz Province, Argentina. The completed IP program provides a robust geophysical framework that will be used to define and prioritize drill targets for the Company's planned Phase 1 drilling program totaling approximately 1,500 meters. Key Project Highlights Include: Completion of seven IP profiles across the project for an aggregated 27 line-kilometers of pole-dipole survey. The 7 profiles were sited over previously identified drill target areas to define targets for the Phase. 1 drill program, slated to begin in mid-February. The IP responses aided in the delineation of structurally controlled zones interpreted to represent silicified veins and mineralizing conduits. A Pole-Dipole IP profiling program has been completed, consisting of four lines in the southeastern area and three additional, shorter lines in the northwestern area, for a total of approximately 27 line-kilometers. 15 drill targets were generated from the integration of previous geochemical sampling and a Previous Gradient Array IP survey covering the southern area of the license area. A Phase 1 program of 22 diamond drill holes for approximately 1,500m diamond drilling. In the northern target area, three IP profile lines were completed and 8 drill targets have been identified, of which 3 targets will be tested with 8 diamond drill holes for 500m. In the southern area 7 drill targets will be tested with 14 drill holes for 1,000m of diamond drilling. In parallel with the first quarter, 2026 drill program, Daura has initiated a regional Gradient Array IP survey in the northern part of the license area. Results from this work will be integrated with existing geological and geochemical datasets to support the second phase of the drill program. Announcement • Jan 08
Daura Gold Corp. Announces Additional High-Grade Surface Sampling Results from Vein Extensions North of Antonella Main Project Daura Gold Corp. announced further high-grade surface sampling results from the previously announced vein extensions in the northern zone of the Company's Antonella Project in Ancash, Peru. Antonella is adjacent to Highlander Silver Corp.'s Bonita Project, located in a prolific metallogenic belt hosting significant deposits such as Antamina and Barrick's past producing Pierina gold mine. The Project's vein system is hosted in Tertiary volcanic rocks of the Calipuy Group and controlled by NW-SE trending faults, with silicification and argillic alteration halos up to 40 meters wide. Highlights of the Recent Sampling Program: 18 rock chip samples were collected approximately 1km north of the Antonella main zone. Standout samples of. 55.83 g/t Au & 220 g/t Ag; and 12.33 g/t Au & 99.1 g/t Ag. Additional high grade gold samples include: 2.81 g/t Au & 17.5 g/t Ag; and 1.36 g/t Au & 8 g/t Ag. The mineralization north of Antonella is associated with vein-type structures ranging from 0.3 to 1.0 m widths trending: N15deg in the northern sector, where they outcrop over an approximate length of 90 m and contain high gold and silver grades; N348deg in the southern sector, where the vein widths outcrops over a length of approximately 150 m and the mineralization is characterized by high gold and silver grades with the presence of lead, zinc, and copper; and. N300deg in the northeastern area, where the vein-type structures outcrop over approximately 120 m. Antonella. Next steps. Daura will continue geological mapping and sampling across the Antonella concessions, when the community's permission is obtained. Geophysical surveys using magnetometry are planned to further define structures associated with mineralization. The results will guide drill target definition for upcoming exploration programs. Grab samples were collected by the Company's geologists and the individual samples, bagged, sealed and placed into sealed dispatch bags under the direct supervision of the company's staff before being dispatched to Actlabs Skyline Peru, an arms-length laboratory, for preparation and analysis. The entire sample was dried and crushed to 75% passing 2mm, with splits pulverized to 95% passing 106 microns. Gold was analyzed by 30g charge Fire Assay, with an Atomic Adsorption finish. Multi-element analysis was carried out on a 4-acid digest aliquot by Inductively Coupled Plasma Optical Emission Spectroscopy (ICP-OES) and over-range samples were subsequently determined by appropriate single element analyses, in accordance with Actlabs standard procedures. The internal QA/QC program included the submission of 10% quality control materials including field duplicates, blanks and Certified Reference Material (CRM) standards. Coarse rejects and pulps are retained in secure storage for future verification or testing as required. QA/QC results were reviewed by the Company's technical team, led by Martin Zegarra, and were found to be within acceptable limits. Readers are cautioned that grab samples are selective by nature and not necessarily indicative of similar mineralization on the Project. Qualified Person. Stuart Mills QP, is the Company's qualified person as defined by NI 43-101 and has reviewed the scientific and technical information that forms the basis for portions of this news release. He has approved the disclosure herein. Mr. Mills is not independent of the Company, as he is the Company's Vice President of Exploration. Listed by NI 43-101 and the Company's Vice President of exploration. Announcement • Nov 19
Daura Gold Corp., Annual General Meeting, Dec 17, 2025 Daura Gold Corp., Annual General Meeting, Dec 17, 2025. Announcement • Oct 15
Daura Gold Corp. Appoints Stuart Mills as Vice President of Exploration Daura Gold Corp. announced 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 Cte 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). Announcement • Oct 10
Daura Gold Corp. announced that it has received CAD 7 million in funding On October 9, 2025, Daura Gold Corp. closed the transaction. The company announced that it has upsized and oversubscribed private placement of 28,000,000 units of the company at a price of CAD 0.25 per unit for gross proceeds of CAD 7,000,000. Each unit consists of one common share of the company and one-half of one share purchase warrant. Each warrant entitles the holder to acquire an additional common share of the company at a price of CAD 0.375 until October 9, 2027. In connection with completion of the offering, the company paid finders' fees of CAD 218,277.50 and issued1,782,970 finder warrants and 909,860 finder 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 finder 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. Board Change • Oct 01
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. CEO & Director Luis Saenz Rocha was the last director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.1m free cash flow). Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.57m market cap, or US$6.94m). Minor Risk Less than 3 years of financial data is available. Announcement • Jul 30
Daura Gold Corp. (TSXV:DGC) completed the acquisition of Yanamina Gold and Silver project, Peru from EV Resources Limited (ASX:EVR). Daura Gold Corp. (TSXV:DGC) reached an agreement to acquire Yanamina Gold and Silver project, Peru from EV Resources Limited (ASX:EVR) for $6 million on June 2, 2025. The $6 million transaction will be completed over a number of stages. On closing of the sale of the Project the Company will receive $0.15 million in cash. DGC will also pay the 2024 concession payments on the licences due on or before 30 June 2025. EVR may receive additional consideration upon completion of certain milestones in relation to the Project as follows: on the twelve (12) month anniversary of the Closing Date, DGC will pay EVR further $0.15 million in cash; upon DGC obtaining a social license from the communities within the area of influence of the Project allowing for a minimum of 10,000 meters of drilling on the Project, DGC will pay EVR $1.7 million in cash, and/or common shares of DGC, at the election of DGC; within sixty (60) days of the commencement of construction of infrastructure or commercial production at the Project, DGC will pay EVR $2 million in cash and/or common shares of DGC, at the election of DGC; and within sixty (60) days of the commencement of commercial production at the Project, DGC will pay EVR $2 million in cash and/or common shares of DGC, at the election of DGC.
Completion of the Transaction remains subject to a number of conditions, including negotiation of definitive documentation, approval of the TSX Venture Exchange and EVR shareholder approval, if required.
Daura Gold Corp. (TSXV:DGC) completed the acquisition of Yanamina Gold and Silver project, Peru from EV Resources Limited (ASX:EVR) on July 29, 2025. New Risk • Jun 09
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$433k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$433k free cash flow). Share price has been highly volatile over the past 3 months (31% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.37m market cap, or US$3.92m). Minor Risk Less than 3 years of financial data is available.