Discovery Minerals Ltd.OTC: DSCR

Discovery Minerals Terminates Agreement with The Sanday Corporation

· Issued by Discovery Minerals Ltd.

Nevada, October 31, 2013 ?Discovery Minerals Ltd. (DSCR:OTC)

Discovery Minerals Terminates Agreement with The Sanday Corporation

Discovery Minerals Ltd. announces the termination of their agreement with The Sanday Corporation after receiving documents by courier service today.  The reason for the mutually agreed termination is irreconcilable differences that emerged regarding management of future business.

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.

CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements that involve a number of risks and uncertainties. Forward-looking statements generally can be identified by the use of forward-looking terminology such as ?believes,? ?expects,? ?may,? ?will,? ?intends, ?plans,? ?should,? ?seeks,? ?pro forma,? ?anticipates,? ?estimates,? ?continues,? or other variations thereof (including their use in the negative), or by discussions of strategies, plans or intentions.  A number of factors could cause results to differ materially from those anticipated by such forward-looking statements, including those discussed under ?Risk Factors? and ?Our Business.? Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons.

Media Relations: Russell Smith

Email: info@discoveryminerals.com

Website: www.discoveryminerals.com