Discovery Silver Corp. is pleased to announce that it has entered into an agreement with Clarus Securities Inc. and Cormark Securities Inc. on behalf of a syndicate of agents , pursuant to which the Company intends to issue up to 37,500,000 common shares in the capital of the Company , at a price of C$1.20 per Common Share for gross proceeds of up [...]
Discovery Silver Corp. is pleased to announce its financial results for the fourth quarter and year ended December 31, 2022, and to provide a summary of key events for the quarter and subsequent to year-end. All figures are stated in Canadian dollars unless otherwise noted. Discovery's flagship project is the 100%-owned Cordero silver project [...]
Discovery Silver Corp. is pleased to announce that it has filed its final short form base shelf prospectus in each of the provinces and territories in Canada. The prospectus allows for the sale of Common Shares, Warrants, Subscription Receipts and Units of the Company in one or more series of issuances for aggregate gross proceeds of up to C$300 [...]
Discovery Silver Corp. is pleased to announce results from Feasibility Study drill holes on its flagship Cordero silver project located in Chihuahua State, Mexico. These holes consist of reserve and resource expansion drilling and will be incorporated in a Feasibility Study in conjunction with a resource update planned for the first half of 2024 [...]
Discovery Silver Corp. is pleased to announce it has filed on SEDAR its National Instrument 43-101 technical report titled Cordero Silver Project - NI 43-101 Technical Report & Pre-Feasibility Study, dated January 20, 2023, in respect of Discovery's Cordero deposit in Mexico. The report was authored by Ausenco Engineering Canada Inc., with support [...]
Discovery Silver is pleased to announce that its shares will be listed and commence trading on the Toronto Stock Exchange at the opening on Friday, February 3, 2023, under the symbol "DSV". Tony Makuch, CEO, commented: "Our graduation to the main board of the Toronto Stock Exchange reflects the significant progress we have made in advancing our [...]
Discovery Silver announces that it has granted long-term incentives to certain officers, employees and directors of the Company. Pursuant to the Company's stock option plan, an aggregate total of 1,600,000 stock options were granted to certain officers. The Options, each exercisable for one common share of the Company at an exercise price of C$1.42 [...]
Discovery Silver is pleased to announce results from its Preliminary Feasibility Study on its 100%-owned Cordero silver project. The PFS project team was led by Ausenco Engineering Canada, with suExcellent project economics: Base Case after-tax NPV5% of $1.2 Billion (C$1.5 Billion) and IRR of 28% (Ag - $22.00/oz, Au - $1,600/oz, Pb - $1.00/lb and [...]
Discovery Silver is pleased to announce that Tony Makuch has been appointed Chief Executive Officer effective immediately. Mr. Makuch had been the Interim CEO of the Company since June 2022. Mr. Makuch is a professional engineer with over 35 years of development, operational and leadership experience. Most recently he was CEO of [...]
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 [...]
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 [...]
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 [...]