MX Gold Corp.

Discovery Ventures announces that it has been named to the TSX Venture 50® . The TSX Venture 50® are the top ten companies on the TSX Venture Exchange, in each of five major industry sectors - mining, oil and gas, technology and life sciences, diversified industries, and clean technology that have exhibited a strong track record in regard of returns on investment, market cap growth, trading volume and analyst coverage in [...]

Discovery Ventures wishes to announce that the Company has received conditional acceptance of the acquisition of mineral claims located in the Slocan mining district of British Columbia known as the Willa deposit. The mineral property consists of 5,328 hectares and is located south of the town of Silverton. In furtherance of TSX Venture Exchange approval of share issuances to the optionors of the Property subsequent to [...]

Discovery Ventures Further to the Company's news release of November 19, 2012, "Discovery Ventures Inc. Enters Into a Definitive Agreement to Acquire the Willa Gold Deposit" the Company is pleased to announce the filing of its NI 43-101 Technical Report in support of its application for acceptance for filing of the Definitive Agreement with the TSX Venture on the Willa Gold Deposit project. Further, the Company continues [...]

Discovery Ventures The Company is pleased to announce that it has closed the 2nd and final tranche of its previously announced private placement. The second tranche consisted of 2,460,000 units raising a further $615,000 for the Company. The hold period expiry date in respect of the shares comprising the units and the shares issued upon exercise of the shares purchase warrants related to the 2nd tranche is April 8, 2013 [...]

Discovery Ventures The Company is pleased to announce that due to high interest in its private placement, it is further increasing the amount offered from the increased amount announced December 3rd of up to 8,818,000 units to up to 9,568,000 units effective December 4, 2012. The price of $0.25 per unit and other terms of the offering will remain the same with each unit comprising of one common share and one share [...]

Discovery Ventures The Company is also pleased to announce that due to high interest in its private placement, it is increasing the amount offered from the original 8,000,000 units to up to 8,818,000 units. The price of $0.25 per unit and other terms of the offering will remain the same with each unit comprising of one common share and one share purchase warrant with an exercise term of 5 years along the pricing schedule [...]

Discovery Ventures wishes to announce the appointment of Walter (Del) Marting, Jr. as a Director of the Company. Mr. Marting brings 35 years of experience in mining and mine development to the Company. He obtained his BA from Yale University in 1969, was a member of the Military: US Navy SEAL Team Two Little Creek, VA, LTJG Platoon Officer between 1970-73, and obtained his MBA from Harvard Business School in 1975. From [...]

Discovery Ventures wishes to announce that further to its news release of October 18, 2012, it has entered into a definitive option agreementwith 0951719 B.C. to acquire up to an 80% interest in the Willa property, consisting of 5,328 hectares located in the Slocan Mining Division, British Columbia, south of the town of Silverton B.C. (the "Property"), subject to the Optionor's underlying option agreement with and a 2.5 [...]

Discovery Ventures wishes to announce that it has hired an independent consulting Engineer, Wayne Ash, PEng, to conduct a full site survey of the Willa Mining project located in the Slocan Valley Mining district of British Columbia. Mr. Ash will also complete a NI 43-101 Technical report as part of his consulting agreement. Mr. Ash accompanied Discovery Ventures Inc. personnel to the mine site for the week of October 22nd [...]

Discovery Ventures wishes to announce that it has received proceeds of $ 679,866 upon the exercise of 3,399,331 warrants due on or before October 15, 2012. President of the Company Akash Patel states, "These funds will be added to strengthen our current financial position. Exercising these warrants has allowed Discovery to raise capital without entering into a Private Placement and will help Discovery acquire additional [...]