What's Happening?
Daura Gold has discovered a new mineralised zone southwest of its Antonella Project in Ancash, Peru. The zone includes a high-grade silver and gold vein located 1,500 meters from the main project area. Fieldwork has confirmed significant mineralisation, with high-grade silver and gold samples. The vein system trends towards Highlander Silver's Bonita Project, indicating potential for further extensions. Daura plans to expand geological mapping and sampling, including geophysical surveys, to better define mineralisation structures.
Why It's Important?
The discovery of a new mineralised zone enhances Daura Gold's strategic position in the region, potentially increasing the project's value. The high-grade silver and gold samples suggest significant exploration potential, which could lead to substantial resource development. The proximity to Highlander Silver's project indicates a continuous mineralised vein system, offering opportunities for collaboration or expansion. Successful exploration could strengthen Daura's market position and attract investment.
What's Next?
Daura Gold plans to conduct more comprehensive surface sampling to obtain certified assay results. The company will expand geological mapping and sampling across the Antonella concessions, using drone-assisted magnetometry for geophysical surveys. These efforts aim to inform future drill target definitions, guiding forthcoming exploration activities. The findings could lead to increased exploration and development, enhancing Daura's presence in the mineral exploration sector.