Discovery Announces Resource Development Agreement with Taykwa Tagamou Nation
Discovery Silver (OTCQX: DSVSF) announced on October 21, 2025 that it has entered into a Resource Development Agreement (RDA) with Taykwa Tagamou Nation (TTN).
The RDA creates a framework for consultation, collaboration and support of Discovery’s mining and mineral processing activities within TTN’s traditional territory, and is intended to share economic benefits with TTN members while minimizing environmental impacts. In connection with the RDA, TTN will file a notice of discontinuance in the Ontario Superior Court of Justice with respect to an action that previously named Discovery as a defendant.
The release notes the RDA is subject to conditions precedent and includes forward-looking statements about anticipated benefits, implementation, and risks including permits, commodities prices, and availability of water, power and labour.
Discovery Silver (OTCQX: DSVSF) ha annunciato il 21 ottobre 2025 di aver stipulato un Accordo per lo Sviluppo delle Risorse (Resource Development Agreement, RDA) con la Taykwa Tagamou Nation (TTN).
L'RDA crea un quadro per la consultazione, la collaborazione e il sostegno delle attività minerarie e di lavorazione dei minerali di Discovery all'interno del territorio tradizionale della TTN, ed è inteso a condividere i benefici economici con i membri TTN, minimizzando gli impatti ambientali. In relazione all'RDA, la TTN presenterà una avviso di cessazione presso la Ontario Superior Court of Justice relativamente a un'azione che in passato indicava Discovery come convenuto.
Il comunicato rileva che l'RDA è soggetto a condizioni precedenti e comprende dichiarazioni previsionali sui benefici attesi, sull'attuazione e sui rischi, inclusi permessi, prezzi delle materie prime e disponibilità di acqua, energia e manodopera.
Discovery Silver (OTCQX: DSVSF) anunció el 21 de octubre de 2025 que ha celebrado un Acuerdo de Desarrollo de Recursos (RDA) con la Taykwa Tagamou Nation (TTN).
El RDA crea un marco para la consulta, la colaboración y el apoyo a las actividades mineras y de procesamiento de minerales de Discovery dentro del territorio tradicional de TTN, y tiene como objetivo compartir los beneficios económicos con los miembros de TTN mientras se minimizan los impactos ambientales. En relación con el RDA, TTN presentará un aviso de descontinuación ante la Corte Superior de Justicia de Ontario respecto a una acción que previamente nombraba a Discovery como demandada.
El comunicado señala que el RDA está sujeto a condiciones previas e incluye declaraciones prospectivas sobre beneficios previstos, implementación y riesgos, incluidos permisos, precios de las materias primas y la disponibilidad de agua, energía y mano de obra.
Discovery Silver(OTCQX: DSVSF)가 2025년 10월 21일 Taykwa Tagamou Nation(TTN)과 자원 개발 계약(RDA)를 체결했다고 발표했습니다.
RDA는 TTN의 전통 영토 내에서 Discovery의 채굴 및 광물 가공 활동에 대한 협의, 협력 및 지원의 체계를 만들며 TTN 구성원과의 경제적 이익 공유와 환경 영향을 최소화하는 것을 목표로 합니다. RDA와 관련하여 TTN은 온타리오 주 고등법원에 Discovery를 피고로 지목했던 소송에 대해 중단 통지를 제출할 예정입니다.
발표문에는 RDA가 선행 조건의 대상이며 기대 이익, 이행 및 위험에 대한 전망 진술이 포함되어 있으며, 허가, 원자재 가격, 물, 전력 및 노동력의 가용성 등이 포함되어 있습니다.
Discovery Silver (OTCQX: DSVSF) a annoncé le 21 octobre 2025 avoir conclu un Contrat de Développement des Ressources (Resource Development Agreement, RDA) avec la Taykwa Tagamou Nation (TTN).
Le RDA crée un cadre pour la consultation, la collaboration et le soutien des activités minières et de traitement des minéraux de Discovery dans le territoire traditionnel de la TTN, et vise à partager les bénéfices économiques avec les membres de la TTN tout en minimisant les impacts environnementaux. Dans le cadre du RDA, la TTN déposera un avis de cessation devant la Cour supérieure de justice de l’Ontario concernant une action qui avait précédemment nommé Discovery comme défendeur.
Le communiqué indique que le RDA est soumis à des conditions préalables et comprend des déclarations prospectives sur les bénéfices anticipés, la mise en œuvre et les risques, y compris les permis, les prix des matières premières et la disponibilité de l’eau, de l’énergie et de la main-d’œuvre.
Discovery Silver (OTCQX: DSVSF) gab am 21. Oktober 2025 bekannt, dass es eine Ressourcenentwicklungsvereinbarung (Resource Development Agreement, RDA) mit der Taykwa Tagamou Nation (TTN) abgeschlossen hat.
Die RDA schafft einen Rahmen für Beratung, Zusammenarbeit und Unterstützung der Bergbau- und Mineralverarbeitungsaktivitäten von Discovery im traditionellen Gebiet der TTN, und zielt darauf ab, wirtschaftliche Vorteile mit TTN-Mitgliedern zu teilen, während Umweltbelastungen minimiert werden. Im Zusammenhang mit der RDA wird TTN eine Mitteilung über Einstellung beim Ontario Superior Court of Justice in Bezug auf eine Klage einreichen, die Discovery zuvor als Beklagten genannt hatte.
Die Mitteilung weist darauf hin, dass die RDA Voraussetzungen unterliegt und zukunftsorientierte Aussagen über erwartete Vorteile, Umsetzung und Risiken enthält, einschließlich Genehmigungen, Rohstoffpreise sowie Verfügbarkeit von Wasser, Strom und Arbeitskräften.
Discovery Silver (OTCQX: DSVSF) أعلن في 21 أكتوبر 2025 عن دخوله في اتفاق تطوير الموارد (RDA) مع شعب Taykwa Tagamou Nation (TTN).
يوفر الـRDA إطاراً للتشاور والتعاون ودعم أنشطة Discovery للتعدين ومعالجة المعادن ضمن الأراضي التقليدية لـTTN، ويهدف إلى مشاركة المنافع الاقتصادية مع أعضاء TTN مع تقليل الآثار البيئية. فيما يتعلق بـRDA، ستقدم TTN إشعار إنهاء في محكمة أونتاريو العليا للعدالة بخصوص إجراء سابق كان يذكر Discovery كمدعى عليها.
يشير البيان إلى أن الـRDA يخضع لشروط مسبقة ويشمل بيانات تطلعية حول الفوائد المتوقعة والتنفيذ والمخاطر بما في ذلك التصاريح وأسعار السلع وتوافر الماء والكهرباء والعمالة.
Discovery Silver (OTCQX: DSVSF) 于 2025年10月21日宣布，与 Taykwa Tagamou Nation (TTN) 签署了资源开发协议（RDA）。
RDA 为 Discovery 在 TTN 的传统领土内的矿业及矿物加工活动建立了一个咨询、协作与支持的框架，旨在在尽量降低环境影响的同时，与 TTN 成员分享经济利益。就 RDA 而言，TTN 将就此前把 Discovery 列为被告的一起诉讼向安大略省高等法院提出停止通知。
公告指出，该 RDA 受前提条件制约，并包含对预期利益、执行及风险的前瞻性陈述，涉及许可、商品价格以及水、电与劳动力的可用性等方面。
- Resource Development Agreement signed with Taykwa Tagamou Nation on Oct 21, 2025
- TTN will file a notice of discontinuance in the Ontario Superior Court of Justice
- RDA provides a framework to support Discovery’s mining and mineral processing activities in TTN territory
- Anticipated RDA benefits are subject to conditions precedent
- Implementation risks include timing of permits and availability of water, power and labour
RDA Agreement establishes framework for a cooperative, mutually beneficial and respectful relationship between Discovery and TTN
TORONTO, Oct. 21, 2025 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced that the Company and Taykwa Tagamou Nation (“TTN”) have entered into a Resource Development Agreement (“RDA”). The RDA is intended to establish a framework for ongoing consultation and communication for the purpose of establishing a cooperative, mutually beneficial and respectful relationship between the parties and provide a basis for support of Discovery’s mining and mineral processing activities within TTN’s traditional territory.
Tony Makuch, Discovery’s CEO, commented: “We are honored to have entered into this agreement with TTN and wish to thank the band council and particularly Chief Bruce Archibald for their trust in us and commitment to working together. This agreement provides the framework for responsible development within their traditional territory, ensuring that the members of TTN share in the economic benefits of our business operations and participate in our efforts to respect the land and waters, minimizing negative impacts and supporting the prosperity of other local communities. We have tremendous respect for all of our First Nations partners, and value the many agreements that have been achieved and the mutual benefits that have resulted.”
In connection with the entering into the RDA, TTN will file a notice of discontinuance in the Ontario Superior Court of Justice with respect to an action brought by TTN which named the Company as a defendant.
ABOUT DISCOVERY
Discovery is a growing North American-focused precious metals company. The Company has exposure to silver through its first asset, the
On Behalf of the Board of Directors,
Tony Makuch, P. Eng
President, CEO & Director
For further information contact:
Mark Utting, CFA
SVP Investor Relations
Phone: 416-806-6298
Email: mark.utting@discoverysilver.com
Website: www.discoverysilver.com
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
This press release contains forward-looking statements relating to expected future events, including without limitation the impact, benefits and implementation of the RDA, the satisfaction of all conditions precedent relating to the RDA, the realization of anticipated benefits relating to the RDA including but not limited to the Company’s growth and development plans, and the discontinuance of the legal action brought by TTN against the Company, all of which involve risks and uncertainties. Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, investors cannot be assured that actual results will be consistent with these forward-looking statements, and the differences may be material. Actual results and growth plans may change, and may differ materially from management expectations as projected in such forward-looking statements for a variety of reasons, including the impossibility to satisfy the conditions precedent set out in the RDA, market and general economic conditions (including as a result of tariffs and other trade measures); price of gold and other commodities; timing of receipt of permits, availability of water and power, availability of labour and other local economics, and the other risks and uncertainties discussed in the materials filed by the Company with the Canadian securities regulatory authorities and available on SEDAR+ at www.sedarplus.ca.
Due to the potential impact of these factors, Discovery disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
FAQ
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