Discovery Silver Corp.

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 [...]

Discovery Silver Corp. announces the Company is filing an Amended Technical Report titled Preliminary Economic Assessment of the Cordero Silver Project, dated July 27, 2022. The previous Technical Report dated November 30, 2021, stated “the Cordero project is technically and economically viable” in Section 1.18 and Section 26.2. The Company notes that the economic analysis is a preliminary economic assessment and cannot [...]

Discovery Silver is pleased to announce that it has released its 2021 ESG report, setting out the Company’s current practices and priorities going forward. Tony Makuch, Interim CEO, states: “We significantly expanded our ESG efforts in 2021. We increased the size of our ESG team with the hiring of key personnel including a Sustainability Manager, Environmental Coordinator and Social Coordinator, all of whom are Mexican [...]

Discovery Silver Corp. is pleased to announce results from 22 holes from its Phase 2 drill program on its flagship Cordero silver project. The current set of results is focused on expansion of the open pit and the resource in the northeast of the deposit and will be incorporated in a resource update and Pre-Feasibility Study scheduled for completion in the fourth quarter of this year. Highlight intercepts include:

Discovery Silver is pleased to announce the results of voting at its Annual General Meeting held Friday, June 24, 2022. 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: Murray John; Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; and Jennifer Wagner. Shareholders also voted in favour of (i [...]

Discovery Silver announces that the Company’s Annual General Meeting (the “Meeting”) will be held online this Friday, June 24, 2022, at 11:00 am (Toronto time). The nominees for Director at the Meeting are: Murray John; Tony Makuch; Jeff Parr; Moira Smith; Daniel Vickerman; and Jennifer Wagner. To attend the live audio webcast online, participants should access the following website at or immediately prior to the start [...]

Discovery Silver Corp. announces that an aggregate of 23,531,812 common share purchase warrants with an exercise price of C$0.77 were exercised prior to their expiry on June 8, 2022. The exercises resulted in gross proceeds of approximately C$18 million. The Company's current cash balance has increased to approximately C$70 million. Of the 23,531,812 Warrants that were exercised, Mr. Eric Sprott, through 2176423 Ontario [...]

Discovery Silver announces that Taj Singh, President and CEO, has stepped down from his position as President and Chief Executive Officer and has resigned from the Board of Directors for personal reasons. The Company wishes to thank Mr. Singh for his efforts during his five-year tenure with the Company and wishes him all the best in the future. Tony Makuch, an independent director of the Company has been appointed Interim [...]

Discovery Silver is pleased to provide a project update and to announce the project study team for the PFS on its flagship Cordero project. The PFS will be led by Ausenco Engineering Canada and is on schedule for completion in 4Q 2022. Taj Singh, President & CEO, states: “We are very pleased with the excellent progress we have made on our PFS and to be working with the same industry-leading project team that completed our [...]

Discovery Silver is pleased to announce its financial results for the three months ended March 31, 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. Following the completion of a Preliminary Economic Assessment (“PEA”) in 2021 that [...]