Discovery Silver Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 6,950,000 options to acquire common shares of the Company . The Options have an exercise price of $2.05 per share, have a five-year term from the date of grant , and vest according to the following schedules: 1) Management and employees: annually in equal thirds beginning on the [...]
Discovery Silver Corp. is pleased to announce it has filed on SEDAR its National Instrument 43-101 technical report titled Mineral Resource Update of the Cordero Silver Project Chihuahua State, Mexico, dated October 20, 2021 , in respect of Discovery's Cordero silver deposit in Mexico . The filing of the Technical Report follows the Company's news release issued October 20, 2021, announcing an updated mineral resource [...]
Discovery Silver Corp. is pleased to announce results from its Preliminary Economic Assessment on its 100%-owned Cordero silver project located in Chihuahua State, Mexico. Study highlights include : Excellent project economics: Base Case after-tax NPV5% of $1.2 B and IRR of 38% . Exceptional silver price leverage: Upside Case after-tax NPV5% of $1.9 B and IRR of 55% . Large-scale, high-margin, long mine life asset [...]
Discovery Silver Corp. is pleased to announce its financial results for the three months ended September 30, 2021 , 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 silver project located in Chihuahua State, Mexico. We are aggressively advancing the Project [...]
Discovery Silver Corp. is pleased to announce that it has produced its first Environmental, Social and Governance report, setting out the Company's current practices and priorities going forward. Taj Singh, President and CEO, states: "We are excited to share our inaugural ESG report as part of Discovery's evolution. We believe that ESG management is a key component of delivering long-term value and business resiliency. As [...]
Monumental Gold Corp. is pleased to announce that further to its September 24, 2021 news release, the TSXV has approved the Company's assignment and assumption agreement with Discovery Silver Corp. dated September 22, 2021, amended October 7, 2021, whereby Discovery has agreed to transfer and assign its rights and obligations under the Jemi Option Agreement to Monumental . Discovery, through its wholly-owned Mexican [...]
Discovery Silver Corp. is pleased to announce an updated Mineral Resource Estimate on its flagship Cordero silver project located in Chihuahua State, Mexico. The Resource is pit-constrained with an estimated waste-to-ore ratio of 1.1 and is supported by 224,000 m of drilling in 517 drill holes and reinterpreted structural and geological models of the deposit. 87% of the contained metal is in the Measured and Indicated [...]
Discovery Silver Corp. is pleased to announce results from the first 13 holes from its Phase 2 drill program on its flagship Cordero silver project located in Chihuahua State, Mexico. This current set of holes is focused on upgrading resources for inclusion in a prefeasibility study planned for 2022. The Company also wishes to advise that its resource update, originally scheduled for release at the end of this month, has [...]
Discovery Silver Corp. is pleased to announce that it has entered into an arm's length assignment and assumption agreement with Monumental Gold Ltd. dated September 22, 2021, whereby Discovery has agreed to transfer and assign its rights and obligations under the option agreement on the Jemi Rare Earth Property , located in Coahuila, Mexico, to Monumental. Under the terms of the Agreement, Monumental will assume the Jemi [...]
Discovery Silver Corp. is pleased to announce results from its metallurgical test program on representative samples from the Cordero deposit. This program represents the most comprehensive test work completed on Cordero to date. Tests were completed at the Blue Coast Research Ltd. laboratory located in Parksville, BC, Canada. Highlights from the test work include: Sulphide flotation test work Silver recoveries of 80-89 [...]
Discovery Silver Corp. is pleased to announce its financial results for the three months ended June 30, 2021 , 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 66,000 [...]
Discovery Silver Corp. is pleased to announce results from the final drill holes that will be used to support the new resource estimate on its flagship Cordero silver project located in Chihuahua State, Mexico. The resource update is scheduled for completion toward the end of this quarter and will be followed by an updated PEA in 4Q 2021. Taj Singh, President and CEO, states: "The results from our first drill program at [...]
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