Discovery Silver Corp.

Discovery Silver Corp. is pleased to announce its financial results for the first quarter ended March 31, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end. All figures are stated in Canadian dollars unless otherwise noted. Discovery's flagship project is the 100%-owned Cordero silver project located in Chihuahua State, Mexico. HIGHLIGHTS FROM Q1 2023 & SUBSEQUENT EVENTS [...]

Discovery Silver Corp. is pleased to announce that it has closed its previously announced "marketed" public offering of common shares of the Company for aggregate gross proceeds of approximately C$51.75 million . The Offering was conducted by a syndicate of agents co-led by Clarus Securities Inc. and Cormark Securities Inc., and including BMO Nesbitt Burns Inc., Eight Capital, and PI Financial Corp. , and consisted of the [...]

Discovery Silver Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Cormark Securities Inc. on behalf of a syndicate of agents , pursuant to which the Company intends to issue up to 37,500,000 common shares in the capital of the Company , at a price of C$1.20 per Common Share for gross proceeds of up to approximately C$45,000,000 million . The Offering will be conducted on a [...]

Discovery Silver Corp. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2022, 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 the 100%-owned Cordero silver project located in Chihuahua State, Mexico. Tony Makuch, CEO, states: "The significant [...]

Discovery Silver Corp. is pleased to announce that it has filed its final short form base shelf prospectus in each of the provinces and territories in Canada. The prospectus allows for the sale of Common Shares, Warrants, Subscription Receipts and Units of the Company in one or more series of issuances for aggregate gross proceeds of up to C$300 million for a period of 25 months following the filing. Tony Makuch, CEO [...]

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 [...]