Gold Exploration Heats Up in Peru's Ancash Region as Daura Gold Advances Flagship Project

Daura Gold Corp. (TSX-V: DGC), a newly listed junior exploration company currently trading around C$0.15 per share in a record gold market, is focused on advancing its 100%-owned Antonella and Cochabamba properties in the Ancash region of north-central Peru — an area known for its rich mineral endowment.

The Ancash region is home to some of Peru’s most notable producing mines and past producers, including:

  • Antamina – a major copper-zinc-silver mine operated by a consortium that includes Glencore and Teck Resources
  • Pierina – a former open-pit, high-grade gold mine operated by Barrick
  • Casma and Pachapaqui – polymetallic deposits with silver, lead, zinc, and copper output

DGC’s properties are strategically located within this mining district with a combined land package of over 9,000 hectares:

  • Antonella Project (Flagship): A 900-hectare early-stage gold target directly adjacent to Highlander Silver’s San Luis Project, which hosts a reported resource of approximately 350,000 ounces of gold at an average grade of 22 g/t Au. Antonella also borders Highlander’s Bonita target.
  • Cochabamba Project: An 8,123-hectare gold-silver-copper property with 10 mining concessions and prior drilling completed by Minera Silex.

Antonella and Cochabamba Project locations

Exploration Focus on Antonella

Daura acquired the Antonella Project from Estrella Gold in January 2025 and has since prioritized it as its primary area of exploration. The property contains nearly 2,500 meters of historical diamond drilling. 

While results from that drilling returned several high-grade gold intercepts over narrow widths, further work is needed to fully understand the geometry, continuity, and scale of mineralization.

Antonella project details

DGC plans to begin its initial phase of surface work in the near term. This will include detailed geological mapping and geochemical sampling to support drill target generation. Permitting efforts are already in progress.

Antonella High-grade targets map

Of note, Antonella is situated immediately north of Highlander Silver’s San Luis Project where Barrick recently filed drill permits. Highlander also recently completed a C$32 million financing, underscoring institutional interest in the region and the potential for high-grade discoveries.

Pampas 1 and 2 Areas:

On 2 April 2025, Daura signed an important community agreement with the District Municipality of Pampas Grande with Daura Gold CEO Luis Saenz commenting via press release:

“Today marks a significant milestone for our company as we have officially signed a community agreement that reflects our commitment to responsible exploration and collaboration. This partnership not only strengthens our ties with the community but also ensures that we engage transparently and respectfully with those affected by our activities. Daura remains committed to advancing its exploration initiatives and maximizes the potential of its mineral assets. These mapping and sampling endeavors at Pampas 1 and 2 are pivotal steps in the company’s strategy to enhance its resource base and deliver value to stakeholders. We have a large land package in an established region with many mid-tier and large cap mining companies including Barrick, Vale and Highlander Silver who are all currently active in the area. As we start our mapping and sampling programs, we look forward to working closely with our neighbours.”

claims map

The municipality is located approximately 28 km south of the company’s flagship Antonella Project and the nearby San Luis Gold Project. The agreement enables Daura to proceed with initial fieldwork at its Pampas 1 and 2 concessions.

Pampas 1 and 2 covers 1,200 hectares in a geologically prospective area situated within a 6 km radius of claims held by major and mid-tier mining companies, including Barrick and JX Nippon Mining & Metals.

DGC has commenced geological mapping and sampling in targeted zones. Analysis will be conducted using Inductively Coupled Plasma (ICP) methods to achieve low detection limits and to further improve the understanding of the underlying geology.

The Duara team has emphasized its commitment to transparent and respectful community engagement as it advances its early-stage exploration activities across its multi-project land position in the Ancash region.

Improving Regulatory Environment

Peru’s permitting process for mineral exploration has seen vast improvements in recent years, particularly for early-stage companies operating in well-known mining districts such as Ancash. Daura expects these developments to support timely advancement of fieldwork at Antonella.

The company’s second property, Cochabamba, presents longer-term exploration potential. With a large land position and historical drilling already on record, DGC plans to revisit existing data as it builds out its exploration strategy for the broader land package.

With gold setting a recent series of all-time highs well above US$3,200 per ounce, Daura Gold is well-positioned to begin systematic exploration in a proven Peruvian mining jurisdiction that continues to attract attention from major gold players.

For a firsthand look as always, our own Gerardo Del Real of Junior Resource Monthly caught up with Daura Gold CEO Luis Saenz to discuss the multi-project exploration underway in Peru’s prolific Ancash region. Please enjoy!

For additional information on Vancouver-based Daura Gold Corp., please contact the company’s IR department at 604-669-0660 or via email form or directly at investors@dauragold.com.

Visit the Daura Gold corporate website and sign up to receive updates from the company here. View the most recent Investor Presentation here.

Yours in profits,

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest

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