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Discovery Metals Confirms and Extends Strike Extent of High-Grade Vein Mineralization at Cordero

TORONTO, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from

articleDiscovery Silver CorpJanuary 6, 20215/company/discovery-silver-corp/news/discovery-metals-confirms-and-extends-strike-extent-of-high-grade-vein-mineralization-at-cordero
Discovery Metals Confirms and Extends Strike Extent of High-Grade Vein Mineralization at Cordero

About this update from Discovery Silver Corp

[{"type":"text","content":" TORONTO, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from 10 diamond drill holes targeting the Parcionera and Josefina high-grade vein trends at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. Multiple vein trends with a combined strike extent of more than 5 km flank the higher-grade bulk-tonnage domain at Cordero; the Parcionera and Josefina vein trends currently represent approximately 2 km of this strike extent. Highlight intercepts include: Parcionera Vein Trend Hole C20-362: 4.4 m averaging 524 grams per tonne silver equivalent (“g/t AgEq1”) from 53.9 m (246 g/t Ag, 0.39 g/t gold (“Au”), 6.5% lead (“Pb”) and 0.4% zinc (“Zn”)) within a 37.1 m interval averaging 113 g/t AgEq1 (47 g/t Ag, 0.09 g/t Au, 1.1% Pb, 0.4% Zn) Hole C20-360: 0.5 m averaging 1,765 g/t AgEq1 from 100.9 m (665 g/t Ag, 0.58 g/t Au, 13.8% Pb and 13.7% Zn) Josefina Vein Trend Hole C20-361: 3.3 m averaging 612 g/t AgEq1 from 64.2 m (196 g/t Ag, 0.17 g/t Au, 5.6% Pb and 4.9% Zn) within a 41.7 m interval averaging 131 g/t AgEq1 (58 g/t Ag, 0.10 g/t Au, 0.7% Pb and 1.0% Zn) Hole C20-367: 1.6 m averaging 544 g/t AgEq1 from 175.6 m (75 g/t Ag, 1.42 g/t Au, 1.6% Pb and 7.1% Zn) within a 53.2 m interval averaging 113 g/t AgEq1 (20 g/t Ag, 0.11 g/t Au, 0.3% Pb and 1.8% Zn) Taj Singh, President and CEO, states: “We continue to confirm and expand the strike extent of the high-grade vein systems at Cordero. Step out holes at Parcionera have doubled the drill-confirmed strike extent to at least 1 km with clear potential for further expansion to the northeast. A review of historic drill core also indicates that Parcionera has a depth extent of at least 470 m. Drilling at the Josefina vein trend intercepted high-grade veins, several of which were within broader zones of disseminated mineralization. This opens the possibility of expanding the higher-grade bulk-tonnage domain to the east, potentially incorporating sections of the Josefina vein trend. We look forward to the results of follow-up drilling targeting this potential expansion.” PARCIONERA VEIN: The Parcionera vein trend consists of multiple southwest-trending veins and vein splays. The four holes in this release were successful in establishing and extending the strike...

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