Discovery Silver Corp. is pleased to provide a project update and to announce the project study team for its Preliminary Economic Study on the Company's flagship Cordero project located in Chihuahua State. The PEA will be led by Ausenco Engineering Canada Inc. and is scheduled for completion in 4Q 2021 and will be based on an updated resource estimate scheduled for completion in 3Q 2021. Taj Singh, President & CEO [...]
Discovery Silver Corp. is pleased to announce its financial results for the three months and twelve months ended December 31, 2020, and to provide a summary of key events for the quarter and subsequent to year-end. All amounts are presented in Canadian dollars unless otherwise stated. Discovery's flagship project is our 100%-owned Cordero project located in Chihuahua State. We are aggressively advancing the Project [...]
Discovery Silver Corp. is pleased to announce results from 13 diamond drill holes targeting bulk-tonnage mineralization at its flagship Cordero silver project located in Chihuahua State, Mexico. The holes are part of a Phase 1 drill program scheduled for completion at the end of this month. The results from this program will be incorporated in a new resource estimate and revamped PEA in the second half of the year. Phase [...]
Discovery Metals Corp. announces that it is changing its name from Discovery Metals Corp. to Discovery Silver Corp. The Company's common shares are expected to commence trading under the new name on the TSX Venture Exchange under its current ticker symbol "DSV" and on the OTCQX where its ticker symbol will change from "DSVMF" to "DSVSF" at the opening of trading on April 14, 2021, pending final regulatory approvals from [...]
Discovery Metals Corp. is pleased to announce results from 14 diamond drill holes targeting the Josefina and Todos Santos high-grade vein trends at its flagship Cordero project located in Chihuahua State, Mexico. Multiple vein trends with a combined strike extent of more than 5 km flank the higher-grade bulk-tonnage domain at Cordero; the Josefina and Todos Santos vein trends currently represent approximately 3 km of this [...]
Discovery Metals Corp. is pleased to announce the appointment of Jennifer Wagner to the Company's Board of Directors. Ms. Wagner is a corporate securities lawyer with 15 years of experience in the mining sector. She is currently Executive Vice-President, Corporate Affairs and Sustainability at Kirkland Lake Gold Ltd. Prior to joining Kirkland Lake in 2015, she acted as legal counsel and corporate secretary to various TSX [...]
Discovery Metals Corp. announces that an aggregate of 31,140,000 common share purchase warrants with an exercise price of C$1.00 were exercised prior to their expiry on February 17, 2021. The exercises resulted in gross proceeds of approximately C$31 million. The Company's current cash balance has increased to approximately C$98 million. Taj Singh, President and CEO comments: "The exercise and expiry of these warrants is [...]
Discovery Metals Corp. is pleased to announce results from 13 diamond drill holes targeting bulk-tonnage mineralization at its flagship Cordero silver project located in Chihuahua State. The holes are part of an expanded 65,000 m Phase 1 drill program that will be incorporated in a new resource estimate and revamped PEA in the second half of the year. Highlight intercepts include: Hole C20-375: 131.6 m averaging 118 g/t [...]
Discovery Metals Corp. is pleased to announce it has been named to the 2021 OTCQX? Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual performance ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the [...]
Discovery Metals Corp. is pleased to outline its 2021 work program and budget for its flagship Cordero project located in Chihuahua State, Mexico. All amounts are presented in CAD unless otherwise stated. Taj Singh, President and CEO, states: “We anticipate 2021 will be a transformative year where we firmly establish Cordero as one of the few silver projects globally that offers margin, size and scaleability. Our focus is [...]
Discovery Metals Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 5,500,000 options to acquire common shares of the Company. The Options have an exercise price of $1.89 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 Metals Corp. is pleased to announce results from 10 diamond drill holes targeting the Parcionera and Josefina high-grade vein trends at its flagship Cordero project located in Chihuahua State, Mexico. Multiple vein trends with a combined strike extent of more than 5 km flank the higher-grade bulk-tonnage domain at Cordero; the Parcionera and Josefina vein trends currently represent approximately 2 km of this [...]