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 [...]
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 [...]
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