Discovery Metals Corp. announces it has applied to the TSX Venture Exchange to extend the term of an aggregate of 31,237,000 outstanding common share purchase warrants that were issued pursuant to a non-brokered private placement as described in the Company’s news releases dated July 17, 2017, July 19, 2017, and August 17, 2017. Each Warrant [...]
Discovery Metals Corp. and Levon Resources Ltd. are pleased to announce that they have entered into an arrangement agreement to combine Discovery and Levon to create a leading silver-focused exploration and development company that will control several district-scale projects in Mexico. Summary of the Arrangement Pursuant to the Transaction [...]
Discovery Metals Corp. is pleased to announce amendments to the terms of the Property Option Agreement on its Puerto Rico Project , located in Coahuila State, Mexico while concurrently signing a 30-year exploration and mining agreement with the Boquillas del Carmen Ejido . A summary of the key terms of the amended Option Agreement are: The Company [...]
Highlights: Results from 41 underground channel samples include values of 1.0m breccia with 1,558 g/t AgEq1, 1.2m breccia with 814 g/t AgEq1 and 1.0m breccia with 1,018 g/t AgEq1 at two of the historical workings. Results from 200 surface channel samples include values of 1.0m breccia with 248 g/t AgEq1, 1.5m fault breccia with 162 g/t AgEq1, and [...]
Highlights: Results received from 273 surface channel samples and one grab surface outcrop, all part of a detailed mapping and sampling program on three high potential areas at the Minerva project. At all three key mineralized areas, strong Ag-Zn-Pb grades of surface anomalies plus the dimensions of the corresponding areas suggest the presence of a [...]
Highlights: The re-designation is now in the final stages, awaiting the preparation of the Land Management Plan by CONANP and subsequent submission and approval; Discovery has been granted membership to the Board of the Maderas del Carmen Reserve and will act as lead of the newly-created mining sub-committee. Discovery Metals Corp. is pleased to [...]
Highlights First-ever modern exploration technique performed at the Monclova project, following up on recently completed mapping and sampling program. Designed to evaluate a 1,500m long mineralized zone punctuated by historical workings at surface. Discovery Metals Corp. is pleased to announce that it has completed a 40 line-km ground magnetometer [...]
Highlights Results were received from 206 new channel samples from the Puerto Rico Mine at the Puerto Rico Project, completing the detailed underground channel sampling program of the Puerto Rico, San Jose and Zaragoza Mines. A total of 13 separate manto horizons were identified in the three levels of workings, of which nine were accessible for [...]
Highlights Results were received from 157 new underground channel samples taken in the San Jose mine at the Puerto Rico Project, completing the detailed sampling program of the San Jose mine. Significant channels include: 1.2m of 46.2% Zn, 0.2% Cu ; 2.3m of 199 g/t Ag, 6.8% Zn, 11.6% Pb, 0.3% Cu , 1.7m of 27 Ag, 24.0% Zn ; Three strongly [...]
Highlights Results received from 71 new underground channel samples, all from the Chuyon level in the San Jose mine at the Puerto Rico project. Current sampling returned the highest average ZnEq manto grade of any other historic level sampled to date at the Puerto Rico project, at 28.2% ZnEq. Cu values were consistently strong across the level [...]
TORONTO, July 09, 2018 -- Discovery Metals Corp. is pleased to announce the appointment of Gernot Wober as its Vice-President of Exploration. Mr. Wober is a professional geologist and has over 36 years of international experience, including substantial time spent in Latin America. Mr. Wober most recently served as VP Exploration, Canada, at [...]
TORONTO, June 27, 2018 -- Discovery Metals Corp. , is pleased to announce the results of voting at its Annual General and Special Meeting held Tuesday, June 26, 2018 in Toronto, Canada. Shareholders voted in favor of all items put forward by the Board of Directors and management. Shareholders voted in favor of the election of all director nominees [...]
