Discovery Metals Corp. announces that it has begun implementing business continuity plans and procedures at its Mexican operations and corporate office in Toronto in response to developing concerns around COVID-19. Taj Singh, President and CEO, states: “Ensuring the health and safety of our workforce is Discovery’s highest priority [...]
Discovery Metals Corp. is pleased to announce it has been named to the TSX Venture Exchange’s 2020 Venture 50™ . The Venture 50 award goes to the top 10 companies listed on the TSX Venture Exchange in each of five major industry sectors. The ranking formula is based on three equally weighted criteria: 1) year-over-year share price [...]
Discovery Metals Corp. is pleased to announce results from the second set of 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 holes are part of the previously announced 30,000-35,000 metre , Phase 1 drill [...]
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 [...]