| Announcement Date: | 2023-01-24 |
|---|---|
| Announcement Type: | Pre-Feasibility Study |
| Announcement Code: | NI43-101 |
| Company name: | Discovery Silver Corp. |
| Project name: | Cordero |
| Location: | Mexico |
| Commodities: | Gold,Silver,Lead,Zinc |
| Highlight: | Pre-Feasibility Study result incl. Post Tax NPV (5%) of USD $1200M & IRR of 28% |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | January 24, 2023, Toronto, Ontario – Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce results from its Preliminary Feasibility Study (“PFS” or “the Study”) on its 100%-owned Cordero silver project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. The PFS project team was led by Ausenco Engineering Canada Inc. (“Ausenco”), with support from AGP Mining Consultants Inc. (“AGP”) and Knight Piésold Ltd. (“Knight Piésold”). Highlights include (all figures are in US$ unless otherwise noted) |
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