Reno, NV November 13, 2013 ? Discovery Minerals Ltd. (Pinksheets: DSCR), as per an Agreement signed in February of 2013 with Northern Iron Corporation, Discovery technical personnel will perform metals extraction tests on material taken during the year from the 66 million tons of previously crushed and ground tailings from the Griffin Mine in Ontario, CA. This material is the result of a large mining and processing operation carried out by Pickands Mather and Co. commencing in the late 1960s, to extract and upgrade iron ore material for steel making.
Recently a geological survey indicated that a broad spectrum of rare earth elements were present in the tailings, as well as + / - 14% iron. After analysis, the Company has decided to further test the collected samples for economic recovery of any of these metals. It is anticipated these tests will be completed by February 2014.
In the event of any production operation for recovery of the contained metals starting up, Northern Iron will receive 2.5 % of net proceeds.
About Discovery Minerals Limited
Discovery Minerals Ltd. (Frankfurt WKN: A0LB3X) (Kurzel: D7Z) (OTC: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.