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Discovery Silver Files 43-101 Technical Report for its Updated Mineral Resource Estimate for Cordero
TORONTO, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce it has filed
About this update from Discovery Silver Corp
[{"type":"text","content":" TORONTO, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report titled Mineral Resource Update of the Cordero Silver Project Chihuahua State, Mexico, dated October 20, 2021 (the “Technical Report”), in respect of Discovery’s Cordero silver deposit in Mexico (the “Cordero Project”). The filing of the Technical Report follows the Company’s news release issued October 20, 2021, announcing an updated mineral resource estimate on the Cordero Project. The NI 43-101 report for the Mineral Resource Estimate is separate from the NI 43-101 report for the Preliminary Economic Assessment (“PEA”) for the Cordero Project as outlined in the Company’s press release issued on November 30, 2021. The NI 43-101 report for the PEA will be filed on SEDAR within 45 days of the PEA press release date. About Discovery Discovery’s flagship project is its 100%-owned Cordero project, one of the world’s largest silver deposits. The PEA completed in November 2021 demonstrates that Cordero has the potential to be developed into a highly capital efficient mine that offers the combination of margin, size and scaleability. Cordero is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. Continued exploration and project development at Cordero is supported by an industry leading balance sheet with cash of over C$70 million. Discovery was a recipient of the 2020 TSX Venture 50 award and the 2021 OTCQX Best 50 award. On Behalf of the Board of Directors,Taj Singh, M.Eng, P.Eng, CPA, President, Chief Executive Officer and Director For further information contact: Forbes Gemmell, CFAVP Corporate Development & Investor RelationsPhone: 416-613-9410Email: [email protected]: www.discoverysilver.com FORWARD-LOOKING STATEMENTS: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release is not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there b...