Discovery Silver Corp. is pleased to announce results from Feasibility Study drill holes on its flagship Cordero silver project located in Chihuahua State, Mexico. These holes consist of reserve and resource expansion drilling and will be incorporated in a Feasibility Study in conjunction with a resource update planned for the first half of 2024. Highlight intercepts from this current set of drill holes include: 32 m [...]
Discovery Silver Corp. is pleased to announce it has filed on SEDAR its National Instrument 43-101 technical report titled Cordero Silver Project - NI 43-101 Technical Report & Pre-Feasibility Study, dated January 20, 2023, in respect of Discovery's Cordero deposit in Mexico. The report was authored by Ausenco Engineering Canada Inc., with support from AGP Mining Consultants, Knight Piésold Ltd. and Hard Rock Consulting [...]
Discovery Silver is pleased to announce that its shares will be listed and commence trading on the Toronto Stock Exchange at the opening on Friday, February 3, 2023, under the symbol "DSV". Tony Makuch, CEO, commented: "Our graduation to the main board of the Toronto Stock Exchange reflects the significant progress we have made in advancing our Cordero silver project and the resulting growth and maturity of our Company [...]
Discovery Silver announces that it has granted long-term incentives to certain officers, employees and directors of the Company. Pursuant to the Company's stock option plan, an aggregate total of 1,600,000 stock options were granted to certain officers. The Options, each exercisable for one common share of the Company at an exercise price of C$1.42 per share, vest annually in three equal tranches beginning on the first [...]
Discovery Silver is pleased to announce results from its Preliminary Feasibility Study on its 100%-owned Cordero silver project. The PFS project team was led by Ausenco Engineering Canada, with suExcellent project economics: Base Case after-tax NPV5% of $1.2 Billion (C$1.5 Billion) and IRR of 28% (Ag - $22.00/oz, Au - $1,600/oz, Pb - $1.00/lb and Zn - $1.20/lb).pport from AGP Mining Consultants and Knight Piésold Ltd [...]
Discovery Silver is pleased to announce that Tony Makuch has been appointed Chief Executive Officer effective immediately. Mr. Makuch had been the Interim CEO of the Company since June 2022. Mr. Makuch is a professional engineer with over 35 years of development, operational and leadership experience. Most recently he was CEO of Kirkland Lake Gold Ltd., a leading senior global gold company with operations in Ontario and [...]
Discovery Silver is pleased to outline its 2023 work program and budget for its Cordero project. All amounts are presented in Canadian dollars unless otherwise stated. Tony Makuch, Interim CEO, states: "We expect 2023 to be a pivotal year for the Company. Our Pre-Feasibility Study is on track for completion later this month and is expected to position Cordero as one of the largest silver development projects globally. The [...]
Discovery Silver Corp. is pleased to announce results from the first 15 Feasibility Study drill holes on its flagship Cordero silver project. These holes consisted of upgrade and expansion drilling of the proposed open pit and were drilled subsequent to the data cut-off date for the Pre-Feasibility Study. The Pre-Feasibility Study is progressing well and remains on track to be delivered in early 2023. Highlight intercepts [...]
Discovery Silver Corp. is pleased to provide an update on its various Environmental, Social and Governance initiatives. The Company is also proud to announce the receipt of its official ESR Distinction, which is issued by the Mexican Center for Philanthropy to organizations that have demonstrated they operate in a socially and environmentally responsible manner. Tony Makuch, Interim CEO, states: "The receipt of our ESR [...]
Discovery Silver Corp. is pleased to announce results of the final 26 drill holes from its Phase 2 drill program on its flagship Cordero silver project located in Chihuahua State, Mexico. These holes consisted of upgrade and expansion drilling of the PEA pit and expansion drilling of the 2021 resource pit. Drilling will be used to support a Pre-Feasibility Study planned for early 2023. The Company is also pleased to [...]
Discovery Silver Corp. is pleased to announce results from its Pre-Feasibility Study metallurgical test program on representative samples from its Cordero project located in Chihuahua State, Mexico. This program represents the most comprehensive test work completed on Cordero to date. Highlights from the locked-cycle flotation test work include: Silver recoveries of 94-98%, lead recoveries of 89-97% and zinc recoveries of [...]
Discovery Silver Corp. is pleased to announce its financial results for the three months ended June 30, 2022 and 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. Following the completion of a Preliminary Economic [...]