Discovery Reports 63,154 Ounces Of Gold Production, $86.8 Million Of Free Cash Flow(1) In Q3 2025

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[{"type":"text","content":"Discovery Reports 63,154 Ounces Of Gold Production, $86.8 Million Of Free Cash Flow(1) In Q3 2025\n\n\n\n\n\n Cash of $341.5 million at September 30, 2025\n \n\n\n\n\n\n Q3 2025 NET EARNINGS AND EPS\n \n\n\n Net earnings of $42.4M ($0.05/share) versus net loss of $3.9M ($0.01/share) in Q3 2024; Adjusted net earnings\n \n 1\n \n totaled $61.1 million or $0.08/share.\n \n\n\n\n\n GOLD PRODUCTION IN Q3 2025\n \n\n\n 63,154 oz produced compared to 50,552 oz in Q2 2025 (from April 16 – June 30).\n \n\n\n\n\n OPERATING CASH COSTS IN LINE WITH EXPECTATIONS\n \n\n\n Operating cash costs\n \n 1\n \n of $1,339/oz sold versus $1,341/oz in Q2 2025.\n \n\n\n\n\n ATTRACTIVE MARGINS DRIVE PROFITABILITY AND CASH FLOW\n \n\n\n All-in sustaining costs (“AISC”)\n \n 1\n \n averaged $1,734/oz sold compared to an average realized gold price\n \n 1\n \n of $3,489/oz; Site-level AISC\n \n 2\n \n averaged $1,699/oz sold.\n \n\n\n\n\n STRONG CASH FLOW FROM GOLD SALES\n \n\n\n Net cash from operating activities of $153.5M; Free cash flow\n \n 1\n \n of $86.8M.\n \n\n\n\n\n SOLID CASH POSITION TO SUPPORT OPERATIONS AND GROWTH PLANS\n \n\n\n Cash at September 30, 2025, totaled $341.5M, with working capital of $224.2 million.\n \n\n\n\n\n NEW REVOLVING CREDIT FACILITY (“RCF”) PROVIDES INCREASED LIQUIDITY\n \n\n\n New RCF will allow Discovery to borrow up to $250 million, with an accordion feature for an additional $100 million. The agreement is expected to close in Q4 2025.\n \n\n\n\n\n ENCOURAGING EXPLORATION RESULTS RELEASED SUBSEQUENT TO QUARTER END\n \n\n\n Resource conversion and expansion drilling at Hoyle Pond, Borden and Pamour returns excellent results; Encouraging drill results at Owl Creek confirm potential for significant high-grade mineralization west of Hoyle Pond.\n \n\n\n\n\n\n Example of Non-GAAP measure. See the section in this press release entitled, “NON-GAAP MEASURES” for more information.\n \n\n Site-level AISC includes corporate G&A allocation and excludes remaining corporate G&A, share-based compensation costs and corporate-level sustaining capital expenditures.\n \n\n\n TORONTO, Nov. 12, 2025 (GLOBE NEWSWIRE) --\n \n Discovery Silver Corp.\n \n (TSX: DSV, OTCQX: DSVSF) (“\n \n Discovery\n \n ” or the “\n \n Company\n \n ”) today announced the Compan...

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