Discovery Silver Corp · TSX:DSV
Discovery Silver — Shareholder Meeting (May 2023)
11 slides from Discovery Silver's shareholder meeting presentation, May 12, 2023
Slide 1: Discovery Silver Annual General Meeting
DSV Discovery Silver May 12, 2023 Annual General Meeting DSV-TSX DSVSF-OTCQX
Slide 2: Forward Looking Statement & NI 43-101 Disclosure
Forward Looking Statement & N1 43-101 Disclosure DSV •This presentation contains certain forward-looking information and statements (collectively, “Forward Looking Statements”) which may not be based on fact and involve a number of risks and uncertainties, including without limitation, statements re
Slide 3: Our ESG Commitment
V DSV Our ESG Commitment Environment Social Governance Environmental baseline studies Local community initiatives Corporate policies reviewed by complete focused on social services & Board annually to ensure controls medical assistance ongoing that identify, manage & monitor Targeting receipt of Cle
Slide 4: A Look Back
DSV A Look Back PFS Drill PFS Metallurgical Pre-Feasibility Program Testwork Study M&I Resource growth of Improved recoveries at lower Outlined a Tier 1 silver 35% to 1,123 Moz AgEq reagent dosages asset; large, long mine- life, low cost & excellent ~40% increase in AgEq ozs Successful blending of o
Slide 5: A Tier 1 Silver Asset
A Tier 1 Silver Asset DSV Economics Size & Margin Low Capital Intensity After-tax Net Present Value (5%) 33Moz AgEq annual production Initial capex -~US$450 M = US$1.2 B AISC of $12.80/AgEq oz (Y1 - Y12) Net Present Value to Capex ratio Internal Rate of Return = 28% ~2.5x 18-year mine life Assumes A
Slide 6: Discovery vs the Producers
Discovery vs the Producers DSV Large Scale Low Cost Highest Profit Coeur Silvercrest Discovery Silver (Years 1-12) Discovery Silver MAG Silver Hecla (Years 1-12) Hecla Discovery Silver Silvercrest (Years 1-12) First Majestic Hecla First Majestic Silvercrest First Majestic MAG Silver MAG Silver Coeur
Slide 7: A Look Forward
A Look 1H Pre-Feasibility Study completed DSV Initiate permitting process Forward 2023 2H Advance Feasibility Study Commence property-wide exploration Cash balance >C$80M 1H Deliver Feasibility Study Well positioned to deliver Advance project financing Feasibility Study & advance discussions to a co
Slide 8: Key De-Risking Items
DSV Key De-Risking Items Feasibility Study Permitting Social Licence Study well advanced & on Mexico has transparent & open Social programs with local track for completion in 1H permitting process; typical communities already in 2024 process time of ~12-24 months place Focus on optimization & Submis
Slide 9: Key De-Risking Items
DSV Key De-Risking Items Land Water Power Secure surface rights of Establish flow rates of local Sufficient capacity at local project footprint aquifer & secure water rights substation confirmed Establish collaborative Evaluate use of local water Advance scope & timeline agreements with treatment pl
Slide 10: Optimisation Opportunities
DSV Optimisation Opportunities Mining Processing Tailings Reduced mining costs through Increased throughput rates by Optimise water efficiency & bigger benches/mine optimising process design recirculation equipment Improve recoveries through Mine life extension; FS will optimising rock type blending
Slide 11: Do you have any questions?
DSV Do you have any questions? 416 613 9410 55 University Ave Toronto ON Canada info@discoverysilver.com DSV-TSX DSVSF-OTCQX