Discovery Silver Corp. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2021, and to provide a summary of key events for the quarter and subsequent to year-end. All figures are stated in Canadian dollars unless otherwise noted. Discovery's flagship project is our 100%-owned Cordero silver project located in Chihuahua State, Mexico. Following the completion of a Preliminary [...]
Discovery Silver Corp. is pleased to announce the appointment of Tony Makuch to the Company's Board of Directors . Mr. Makuch has over 35 years of mining industry experience and was most recently President, CEO and Director of Kirkland Lake Gold Ltd. . During his five-year tenure Mr. Makuch led the transformation of Kirkland Lake, increasing annual gold production from 315,000 oz to over 1,400,000 oz and increasing market [...]
Discovery Silver Corp. is pleased to announce results from 17 holes from its Phase 2 drill program on its flagship Cordero silver project located in Chihuahua State, Mexico. This current set of results was predominantly targeting the expansion of the open pit and the resource in the northeast of the deposit. Highlight intercepts include: C21-575 intercepted a high-grade zone outside the current resource that returned 45.6 [...]
Discovery Silver Corp. is pleased to announce the appointment of Anthony Esplin as Chief Operating Officer of the Company. Mr. Esplin has more than 30 years of experience in the mining industry including over two decades of executive and senior management roles at Tier 1 operations with Newmont Corporation and Barrick Gold Corp. . Mr. Esplin has a demonstrated track record in developing and operating large-scale mining [...]
Discovery Silver Corp. is pleased to announce results from 23 holes from its Phase 2 drill program on its flagship Cordero silver project located in Chihuahua State, Mexico. This current set of results is focused on upgrading resources for the Pre-Feasibility Study planned for later this year. Highlight intercepts include: 49.9 m averaging 247 g/t AgEq1 from 124.5 m including 21.4 m averaging 446 g/t AgEq1 in hole C21-533 [...]
Discovery Silver Corp. is pleased to outline its 2022 work program and budget for its Cordero project located in Chihuahua State, Mexico. All amounts are presented in Canadian dollars unless otherwise stated. Taj Singh, President and CEO, states: "We look forward to completing our Pre-Feasibility Study in 2022 as we continue to systematically advance Cordero towards a construction decision. The Pre-Feasibility Study [...]
Discovery Silver Corp. is pleased to announce it has filed on SEDAR its National Instrument 43-101 technical report titled Preliminary Economic Assessment of the Cordero Silver Project Chihuahua State, Mexico, dated November 30, 2021 , in respect of Discovery's Cordero deposit in Mexico. The report was authored by Ausenco Engineering Canada Inc. with support from AGP Mining Consultants Inc. and Knight Pi?sold and Co [...]
Discovery Silver Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 6,950,000 options to acquire common shares of the Company . The Options have an exercise price of $2.05 per share, have a five-year term from the date of grant , and vest according to the following schedules: 1) Management and employees: annually in equal thirds beginning on the [...]
Discovery Silver Corp. is pleased to announce it has filed on SEDAR its National Instrument 43-101 technical report titled Mineral Resource Update of the Cordero Silver Project Chihuahua State, Mexico, dated October 20, 2021 , in respect of Discovery's Cordero silver deposit in Mexico . The filing of the Technical Report follows the Company's news release issued October 20, 2021, announcing an updated mineral resource [...]
Discovery Silver Corp. is pleased to announce results from its Preliminary Economic Assessment on its 100%-owned Cordero silver project located in Chihuahua State, Mexico. Study highlights include : Excellent project economics: Base Case after-tax NPV5% of $1.2 B and IRR of 38% . Exceptional silver price leverage: Upside Case after-tax NPV5% of $1.9 B and IRR of 55% . Large-scale, high-margin, long mine life asset [...]
Discovery Silver Corp. is pleased to announce its financial results for the three months ended September 30, 2021 , and to provide a summary of key events for the quarter and subsequent to quarter-end. All amounts are presented in Canadian dollars unless otherwise stated. Discovery's flagship project is our 100%-owned Cordero silver project located in Chihuahua State, Mexico. We are aggressively advancing the Project [...]
Discovery Silver Corp. is pleased to announce that it has produced its first Environmental, Social and Governance report, setting out the Company's current practices and priorities going forward. Taj Singh, President and CEO, states: "We are excited to share our inaugural ESG report as part of Discovery's evolution. We believe that ESG management is a key component of delivering long-term value and business resiliency. As [...]