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The latest update is out from Daura Gold Corp. ( (TSE:DGC) ).
Daura Gold Corp. has commenced its Phase One diamond drilling program at the Cerro Bayo gold-silver project in Argentina’s Deseado Massif, marking the first systematic drill test of the property. The program aims to evaluate 15 priority exploration targets using 22 drill holes totaling about 1,500 metres across northern and southern target areas.
Drilling will test geophysically and geochemically defined structures interpreted as hosting low-sulfidation epithermal gold-silver mineralization, with eight targets in the north and seven in the south. The work is intended to confirm the presence, continuity and orientation of mineralized structures at depth, potentially advancing multiple zones toward follow-up drilling and enhancing Daura’s position in a world-class gold-silver district.
More about Daura Gold Corp.
Daura Gold Corp. is a Vancouver-based mineral exploration company listed on the TSX Venture Exchange, focused on gold and silver projects in Peru and Argentina. In Peru, it holds over 15,900 hectares of concessions in the Ancash region, including the Antonella and Libelulas targets, while in Argentina it can earn up to 80% of the Cerro Bayo / La Flora Project in the prolific Deseado Massif mining district.
Average Trading Volume: 111,971
Technical Sentiment Signal: Buy
Current Market Cap: C$26.38M
For detailed information about DGC stock, go to TipRanks’ Stock Analysis page.