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Discovery Announces Management Changes

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(Neutral)
Rhea-AI Sentiment
(Very Positive)
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management

Discovery Silver (OTCQX: DSVSF) announced senior management changes tied to closing its acquisition of Glencore’s Kidd Operations. New appointments include Dawid Myburgh as SVP Timmins Operations, Harold Bird as VP Mineral Processing, and Gertjan Bekkers as VP Technical Services.

Promotions include Duncan King to SVP Canadian Operations and Milferd Burnett to VP Supply Chain. COO Pierre Rocque will retire June 5, 2026 and remain a consultant, while Forbes Gemmell and Dimitri Demianyuk have departed. The Kidd acquisition expands Discovery’s Timmins footprint and provides infrastructure supporting efforts to more than double annual gold production.

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AI-generated analysis. Not financial advice.

Positive

  • Closure of Kidd Operations acquisition expands Timmins land position and infrastructure
  • Appointment of SVP Timmins Operations focused on Kidd and regional assets
  • Hiring VP Mineral Processing with nearly 20 years at Kidd Met Site
  • Hiring VP Technical Services with 25+ years mine technical experience
  • Promotion of SVP Canadian Operations to oversee domestic portfolio
  • Kidd infrastructure supports efforts to more than double annual gold production

Negative

  • COO retirement effective June 5, 2026
  • Executive Vice President Business Development & Growth has left the company
  • Vice President Projects has left the company
  • Multiple senior leadership transitions occurring in a short timeframe
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TORONTO, June 02, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce management appointments in conjunction with the closing of the Company’s acquisition of Glencore Canada Corporation’s (“Glencore”) Kidd Operations. The appointments include: Dawid Myburgh as Senior Vice President, Timmins Operations, Harold Bird as Vice President, Mineral Processing; and Gertjan Bekkers as Vice President, Technical Services.

Tony Makuch, Discovery’s CEO, commented: “We are delighted to welcome Dawid, Harold and Gertjan to the executive team. They are all highly accomplished professionals with a proven track record of success in the mining industry. Dawid and Harold join Discovery from Glencore, where they held senior leadership roles at the Kidd Operations and where they have gained extensive experience working in the Timmins camp. Gertjan brings to the Company significant technical services expertise in support of further progress at both our Porcupine Complex and the Cordero Project in Mexico. Each of Dawid, Harold and Gertjan will be integrally involved in advancing our operations in a safe and sustainable manner and we are confident they will each make a valuable contribution to our future success.”

Dawid Myburgh brings to Discovery over 25 years of experience, most recently as General Manager of Kidd Operations at Glencore Inc. from 2023 to the present. During this time, Mr. Myburgh has overseen the Kidd Creek Mine and the Kidd Metallurgical Site. Mr. Myburgh’s extensive career spans across all stages of mining cycles, from exploration to feasibility studies to building, operation and optimizing mining projects, globally. Mr. Myburgh has a Honors B.Sc. in Geology from the University of Pretoria, South Africa.

Harold Bird has been actively involved in mill operations at the Kidd Met Site for nearly twenty years. Most recently, he was the Manager, Concentrator Site Operations, Kidd Met Site, with Glencore Inc. Mr. Bird has his diploma in Mechanical Engineering Technologies from Lakehead University and a diploma in Civil Engineering Technologist from Cambrian College.

Gertjan Bekkers P. Eng. brings over 25 years of experience in mine technical services. Most recently Mr. Bekkers was the Vice President, Mine Technical Services at Torex Gold Resources, where he oversaw corporate mine technical deliverables for Mexico’s largest gold mining operation. Prior to this role, he was the Manager, Technical Services at Newmont’s Porcupine Operations from 2015 to 2021 and held multiple technical roles with Glencore, including at the Kidd Mine in Timmins. Mr. Bekkers is a Professional Engineer and holds his M.Sc. in Mining & Petroleum Engineering from the Delft University of Technology, Netherlands.

Discovery also announced today a number of additional changes to the Company’s management team. Promotions being announced include Duncan King to the position of Senior Vice President, Canadian Operations and Milferd Burnett to Vice President, Supply Chain. Pierre Rocque, Chief Operating Officer, is retiring from Discovery effective June 5, 2026. Forbes Gemmell, Executive Vice President, Business Development & Growth, and Dimitri Demianyuk, Vice President, Projects, have left the Company to pursue other opportunities.

Mr. Makuch commented: “We want to congratulate Duncan and Milferd on their promotions, which result from both the effectiveness of their performance and the importance of their roles as we advance our growth plans. We would like to thank Pierre, who was integral in the evaluation of the Porcupine Complex and led the operations through the integration and transition process following the closing of the transaction. He will remain a consultant of the Company going forward. We also want to recognize the contributions of Forbes and Dimitry, who both contributed significantly to the advancement of Cordero to the feasibility stage. In addition, Forbes played a key role in completing the agreements related to the Porcupine acquisition. We wish Pierre, Forbes and Dimitry all the best in their future endeavours.”

ABOUT DISCOVERY
Discovery is a growing precious metals company that is creating value for stakeholders through exposure to both gold and silver. The Company’s silver exposure comes from its first asset, the 100%-owned Cordero project, one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. In April 2025, Discovery acquired the Porcupine Complex, transforming the Company into a new Canadian gold producer with multiple operations, attractive growth projects and significant exploration upside in one of the world’s most renowned gold camps in and near Timmins, Ontario. The acquisition of the Kidd Operations of Glencore Canada in June 2026 further increased Discovery’s land position within the camp and provided valuable infrastructure that will support the Company’s efforts to more than double annual gold production.

On Behalf of the Board of Directors,

Tony Makuch, Peng
President, CEO & Director

For further information contact:         
Mark Utting, CFA
VP Investor Relations
Phone: 416-806-6298
Email: mark.utting@discoverysilver.com
Website: www.discoverysilver.com


FAQ

What management changes did Discovery Silver (OTCQX: DSVSF) announce on June 2, 2026?

Discovery Silver announced several senior appointments, promotions, and departures on June 2, 2026. According to Discovery, new leaders include a SVP Timmins Operations, VP Mineral Processing, and VP Technical Services, alongside promotions in Canadian operations and supply chain roles.

Who are the new executives joining Discovery Silver (DSVSF) after the Kidd Operations acquisition?

Discovery Silver appointed Dawid Myburgh, Harold Bird, and Gertjan Bekkers to senior roles following the Kidd acquisition. According to Discovery, they bring extensive experience in Timmins operations, mineral processing, and mine technical services across Kidd, Porcupine, and major Mexican mining operations.

Which senior leaders are leaving Discovery Silver (DSVSF) as of June 2026?

Discovery Silver’s COO, Pierre Rocque, will retire effective June 5, 2026. According to Discovery, Executive Vice President Business Development & Growth, Forbes Gemmell, and Vice President Projects, Dimitri Demianyuk, have also departed to pursue other opportunities.

How will the Kidd Operations acquisition affect Discovery Silver’s gold production plans?

The Kidd acquisition increases Discovery Silver’s land position and infrastructure in the Timmins camp. According to Discovery, this infrastructure is expected to support the company’s efforts to more than double annual gold production over time from its Canadian operations.

What new responsibilities will Duncan King and Milferd Burnett have at Discovery Silver (DSVSF)?

Duncan King has been promoted to Senior Vice President, Canadian Operations, and Milferd Burnett to Vice President, Supply Chain. According to Discovery, these promotions reflect their performance and the importance of their roles in advancing the company’s Canadian growth plans.

How do Discovery Silver’s Porcupine and Kidd assets support its growth strategy?

The Porcupine Complex made Discovery a Canadian gold producer, while Kidd further expands its Timmins footprint. According to Discovery, Kidd’s infrastructure will support efforts to more than double annual gold production and enhance growth and exploration potential in the camp.