Associated tags: Volaris, Discovery, KidZania, Transport, OTCQX, TSX, Mining, Feasibility study
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Certification TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the third quarter ended September 30, 2023 (“Q3 2023”), and to provide a summary of key events for the quarter and subsequent to quarter-end.
Key Points:
- TORONTO, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the third quarter ended September 30, 2023 (“Q3 2023”), and to provide a summary of key events for the quarter and subsequent to quarter-end.
- FS drilling wrapped up during the quarter with results highlighting the potential to extend the already long mine life at Cordero.
- For further details on the results from the FS metallurgical test program noted above refer to our news release dated October 26, 2023.
- Reserve Expansion Drilling – the reserve expansion and definition component of our Feasibility Study drill program finished up in Q3 2023.
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Uranium mining TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from its Feasibility Study (“FS”) metallurgical test program from its Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
Key Points:
- TORONTO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from its Feasibility Study (“FS”) metallurgical test program from its Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
- Tony Makuch, CEO, states: “Our Feasibility Study test work demonstrates the exceptional metallurgical characteristics of our Cordero deposit.
- Previous test work established excellent recoveries for different mining phases and variable grade profiles to generate clean, saleable concentrates.
- A comparison of the FS and PFS test results, which were based on the same composite sample, are summarized in the table below.
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Horse tack The submission was made to Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”), the federal government agency responsible for evaluating MIA submissions.
Key Points:
- The submission was made to Secretaría de Medio Ambiente y Recursos Naturales (“SEMARNAT”), the federal government agency responsible for evaluating MIA submissions.
- Tony Makuch, CEO, states: “The submission of our MIA represents a major milestone for the Company.
- The submission is supported by comprehensive environmental and social baseline assessment work and outlines detailed plans for the responsible and sustainable development of the Cordero Project.
- The Company is also committed to employing global best practice standards for the management of its environmental programs over the life of the project.
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Thursday, August 24, 2023
TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce several key appointments that strengthen the Company’s Board of Directors, and also the permitting and technical teams.
Key Points:
- TORONTO, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce several key appointments that strengthen the Company’s Board of Directors, and also the permitting and technical teams.
- Bindu Satyajit (Corporate Secretary & Manager, Administrative Services) – more than 15 years’ experience in the mining industry focused on project management, administration, internal reporting and corporate communications.
- Tony Makuch, CEO, states: “We are very pleased to welcome such high-calibre industry professionals that significantly strengthen our board and management team.
- Prior to joining Discovery Silver, Gord was Vice President Mineral Processing and Accountable Executive Officer for tailings at Kirkland Lake.
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Certification TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the second quarter (“Q2 2023”) ended June 30, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end.
Key Points:
- TORONTO, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce its financial results for the second quarter (“Q2 2023”) ended June 30, 2023, and to provide a summary of key events for the quarter and subsequent to quarter-end.
- Tony Makuch, CEO, states: “We have made excellent progress on our Feasibility Study (FS) during Q2 2023 and subsequent to quarter end.
- For further details on the drill results noted above refer to our news release dated May 24, and August 2, 2023.
- The following selected financial data is summarized from the Company’s consolidated financial statements and related notes thereto (the “Financial Statements”) for the quarter ended June 30, 2023, and the Management’s Discussion and Analysis (“MD&A”) for the quarter ended June 30, 2023.
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Natural gas TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from Feasibility Study drilling on its flagship Cordero silver project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
Key Points:
- TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from Feasibility Study drilling on its flagship Cordero silver project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
- Tony Makuch, CEO, states: “The reserve expansion and definition component of our Feasibility Study drill program at our Cordero project is now complete.
- In total we have added approximately 35,000 m of drilling in over 100 drill holes since the cut-off for the Pre-Feasibility Study resulting in a comprehensive drill dataset supporting the Feasibility Study of approximately 310,000 m in close to 800 drill holes.
- Detailed drill highlights from this set of Feasibility Study drill holes are provided in the table below:
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Environment TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that it has released its 2022 Environmental, Social and Governance (“ESG”) report, highlighting the Company’s current practices and priorities going forward.
Key Points:
- TORONTO, July 06, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that it has released its 2022 Environmental, Social and Governance (“ESG”) report, highlighting the Company’s current practices and priorities going forward.
- Key highlights include:
Receipt of the Great Place to Work Certification, an internationally recognized certification program awarded to companies that create an outstanding employee experience
Tony Makuch, CEO, states: “We are very pleased to be releasing what is now our third ESG report, a milestone that reflects our proactive approach and strong commitment to industry-leading environmental and sustainability practices.
- We also held 19 engagement sessions with local stakeholders and made significant community investments in health, education and training.
- Looking ahead, we remain committed to the responsible development of Cordero through ensuring local communities and stakeholders benefit economically and socially, by respecting the environment and through providing an inclusive and harassment-free workplace.”
The full 2022 ESG Report is available for download at: www.discoverysilver.com/sustainability
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Study TORONTO, June 22, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to provide a project update on its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
Key Points:
- TORONTO, June 22, 2023 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to provide a project update on its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico.
- We recently secured surface rights covering the proposed open pit and key infrastructure locations at the Project.
- We have also identified the potential sources of water for the Project and recently acquired a significant volume of water rights.
- This scenario confirms prior assumptions about power supply to Cordero and is an important milestone in de-risking the Project.
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Uranium mining These holes consist of reserve expansion drilling and will be incorporated in a Feasibility Study in conjunction with a resource update planned for the first half of 2024.
Key Points:
- These holes consist of reserve expansion drilling and will be incorporated in a Feasibility Study in conjunction with a resource update planned for the first half of 2024.
- Tony Makuch, CEO, states: “Our Feasibility Study drilling continues to demonstrate the potential to grow reserves at Cordero whilst building further confidence in the underlying resource model.
- C22-698 intercepted 78.3 m of 97 g/t AgEq1 from 103.5 m, potentially extending the depth of higher-grade blocks within the reserves pit.
- Detailed drill highlights from this set of Feasibility Study drill holes are provided in the table below:
Shareholders also voted in favour of (i) appointing PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the ensuing year; (ii) the amendment of the Company’s Articles to remove Article 15; (iii) the Amendment and Adoption of the Company’s Equity Compensation plans and; (iv) the adoption of Advance Notice Policy.
Key Points:
- Shareholders also voted in favour of (i) appointing PricewaterhouseCoopers LLP, Chartered Accountants, as auditors of the Company for the ensuing year; (ii) the amendment of the Company’s Articles to remove Article 15; (iii) the Amendment and Adoption of the Company’s Equity Compensation plans and; (iv) the adoption of Advance Notice Policy.
- Further details on these items can be found in the Company’s Management Information Circular dated March 31, 2023 and filed on SEDAR.
- Details of the votes are set out below.
