Daura Gold (DGC.V) expanded its flagship Antonella-Libelulas project in Ancash, Peru by staking two new claims in the district-Libelulas 25 and Libelulas 26, the company said Wednesday.
The newly staked Libelulas 25 and Libelulas 26 concessions expand the company's land position east of the Antonella target by about 2,000 hectares. The Antonella-Libelulas project now covers about 10,600 hectares in the Ancash region of Peru and hosts several priority exploration targets, including Antonella, Antonella North and Libelulas, it added.
"The new concessions, strengthens our control over the eastern extension of the key mineralized structural corridor at Libelulas," said Daura Gold Chief Executive Mark Sumner. "With multiple targets emerging, and positive community engagement, we are actively advancing the project with the goal of commencing drilling at Antonella at the earliest opportunity."
The company also added that the new Libelulas 25 and Libelulas 26 claims were acquired through direct application with INGEMMET, Peru's mining concession authority.
Shares of the company were last seen up 2.8% at $0.365 on the TSX Venture Exchange.
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