Discovery Metals Corp. is pleased to announce results from the first four diamond drill holes completed at its flagship Cordero project located in Chihuahua State, Mexico. Discovery acquired Cordero through the acquisition of Levon Resources Ltd. in August 2019. The results released here are part of a 30,000-35,000m Phase 1 drill program that [...]
Discovery Metals Corp. is pleased to announce the appointment of Mr. Forbes Gemmell as Vice President of Corporate Development and Investor Relations, effective January 6, 2020. Taj Singh, President and CEO, states, “We are very excited to welcome Forbes to the management team at Discovery. His capital markets background in conjunction with [...]
Discovery Metals Corp. is pleased to announce that at a special meeting of the Company’s shareholders on December 11, 2019, Discovery’s shareholders passed a resolution approving 2176423 Ontario Ltd., a corporation beneficially owned by Mr. Eric Sprott, to become a “Control Person” as defined in the policies of the TSX [...]
Discovery Metals Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2019. All amounts are presented in Canadian dollars unless otherwise stated. Discovery is focused on advancing a portfolio of silver projects in historic mining districts in northern Mexico, including the Cordero [...]
OTCQX® Best Market in the United States under the symbol DSVMF, effective today. Taj Singh, President and CEO of Discovery states: “We are pleased to join the OTCQX Market. Our current and future investors will benefit from a stronger and more efficient platform to trade within the U.S. that also provides us with significant additional [...]
Discovery Metals Corp. is pleased to announce that it has closed its non-brokered private placement of 38,911,108 common shares at a price of $0.45 per Common Share and 3,311,111 subscription receipts at a price of $0.45 per Subscription Receipt, for aggregate proceeds of $19,000,000. Announced on October 10, 2019, the Private Placement was [...]
Discovery Metals Corp. is pleased to announce that it intends to complete a non-brokered private placement to raise up to $17 million through the issuance of common shares and subscription receipts at a price of $0.45 per security. Arlington Group Asset Mangement Limited has been engaged to provide advice on the Private Placement with select [...]
Discovery Metals Corp. wishes to clarify information regarding its earlier news release issued today: Discovery acquired the Cordero project through its acquisition of all of the issued and outstanding shares of Levon Resources Ltd. . The mineral resource estimate and Preliminary Economic Analysis supporting the disclosure in the news release were [...]
Discovery Metals Corp. is pleased to announce mobilization for a Phase 1 diamond drilling program on its newly acquired and 100%-owned Cordero project located in Chihuahua State, Mexico. Drill permits are in place and Discovery will begin its drill program in the coming days, approximately five weeks ahead of the anticipated commencement date [...]
Discovery Metals Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 5,300,000 options to acquire common shares of the Company . The Options have an exercise price of $0.48 per share, have a five-year term from the date of grant, and vest according to the following [...]
Discovery Metals Corp. is pleased to announce assay results of 112 underground samples from its drill-permitted Minerva Ag-Zn-Pb project (“Minerva” or “the Project”) in Coahuila State, Mexico. Three key underground areas were sampled: Mina Minerva, Concordia and Tercia.
Discovery Metals Corp. announces that it has filed an early warning report in respect of its holdings in Levon Resources Ltd. . Earlier today, pursuant to a statutory plan of arrangement pursuant to Section 288 of the British Columbia Business Corporations Act , Discovery acquired all of the outstanding shares of Levon in exchange for 64,412,929 [...]