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 [...]
Discovery Metals Corp. is pleased to announce its financial results for the three months ended September 30, 2020, 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 project located in Chihuahua State, Mexico. We are aggressively advancing the Project through a [...]
Discovery Metals Corp. is pleased to announce results from seven diamond drill holes targeting bulk-tonnage mineralization in the South Corridor at its flagship Cordero project located in Chihuahua State, Mexico. The South Corridor has seen significantly less drilling than the North Corridor and will be a key area of focus for the remainder of the 55,000 metre Phase 1 drill program. The goal of this drill program is to [...]
Discovery Metals Corp. is pleased to announce results from four diamond drill holes targeting the Todos Santos high-grade vein trend at its flagship Cordero project located in Chihuahua State, Mexico. Todos Santos flanks the higher-grade bulk-tonnage domain to the northeast and now has a minimum strike extent of at least 1.5 kilometres based on historic underground workings and new drilling. The current holes are part of [...]
Discovery Metals Corp. is pleased to announce results from four diamond drill holes targeting bulk-tonnage mineralization in the South Corridor at its flagship Cordero project located in Chihuahua State, Mexico. The South Corridor has seen significantly less drilling than the North Corridor and will be a key area of focus for the remainder of the 55,000-metre Phase 1 drill program. The goal of this drill program is to [...]
Discovery Metals Corp. is pleased to announce its operating and financial results for the three months ended June 30, 2020, and to provide a summary of key events subsequent to quarter end. All amounts are presented in Canadian dollars unless otherwise stated. Discovery is focused on advancing our 100%-owned flagship Cordero project in Chihuahua State, Mexico. The 35,000-hectare Cordero property covers a sizeable district [...]
Discovery Metals Corp. is pleased to announce results from four diamond drill holes targeting extensive vein trends at its flagship Cordero project located in Chihuahua State, Mexico. The holes are part of a 55,000-metre Phase 1 diamond core drilling program that commenced in September 2019. The goal of this drill program is to define a large-scale, high-margin project with excellent leverage to rising silver prices [...]
Discovery Metals Corp. is pleased to announce that it has closed the non-brokered private placement , consisting of 25,927,000 units at a price of C$1.35 per Unit for aggregate proceeds of C$35,001,450. Each Unit is comprised of one common share of Discovery and one half of one Common Share purchase warrant, with each full warrant exercisable at C$1.75 for a period of two years after the date of issuance, expiring on [...]
Discovery Metals Corp. is pleased to announce that it has arranged a non-brokered institutional private placement to raise C$35,000,000 through the issuance of 25,925,925 units at a price of C$1.35 per Unit, representing a premium to its last closing price. Each Unit is comprised of one common share of Discovery and one half of one Common Share purchase warrant, with each full warrant exercisable at C$1.75 for a period of [...]
Discovery Metals Corp. is pleased to announce results from eight diamond drill holes completed at its flagship Cordero project located in Chihuahua State, Mexico. The holes are part of a Phase 1 diamond core drilling program that commenced in September 2019. The Phase 1 drill program was recently expanded from 35,000-metres to 55,000 m and has the goal of defining a large-scale, high-margin project with excellent leverage [...]
Discovery Metals Corp. is pleased to announce the results of voting at its Annual General Meeting held Friday, June 26, 2020. Shareholders voted in favour of all items put forward by the Board of Directors and management. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each is as follows: Votes For % Votes For Votes Withheld % Votes Withheld Taj Singh 102,372,339 [...]
Discovery Metals Corp. is pleased to announce results from eight diamond drill holes completed at its flagship Cordero project located in Chihuahua State, Mexico. The holes are part of a Phase 1 diamond core drilling program that commenced in September 2019. The goal of this program is to define a high-margin project with scale that retains excellent leverage to rising metal prices. Drill holes for this current release [...]