Discovery to Host Investor Presentation on March 3, 2025

Rhea-AI Summary

Discovery Silver Corp (TSX: DSV, OTCQX: DSVSF) has announced an investor presentation scheduled for March 3, 2025, at 10:00 am ET. The presentation will focus on their recent Porcupine Complex acquisition in Timmins, Ontario.

The meeting will be led by CEO Tony Makuch and the management team to discuss the creation of a new North American precious metals company. This transformation combines gold production in Northern Ontario with the Cordero project in Chihuahua State, Mexico - one of the world's largest silver development projects.

The company recently announced an agreement to acquire a 100% interest in the Porcupine Complex from Newmont 's subsidiary on January 27, 2025. This acquisition, expected to close in first half 2025, will establish Discovery as a Canadian gold producer with multiple operations in the Timmins gold camp, featuring substantial mineral resources and exploration potential.

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TORONTO, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that the Company will host an investor presentation and webinar on March 3, 2025 at 10:00 am ET to discuss the transformational acquisition of the Porcupine Complex in and near Timmins, Ontario. The meeting will be hosted by Discovery’s CEO, Tony Makuch, with all members of the Company’s management team also attending.

Mr. Makuch commented: “Through the Porcupine acquisition, we are creating a new North American-focused precious metals company, combining high-quality gold production in Northern Ontario with our Cordero project in Chihuahua State, Mexico, one of the world’s largest silver development projects based on reserves and expected annual production. We are looking forward to meeting with investors next Monday to discuss our recent developments and our plans going forward."

Details for the presentation are provided below.

Date:	March 3, 2025
Time:	10:00 am ET
Location:	Vantage Venues, Caledonia Room (S7), 27th Floor
	150 King St. W.
	Toronto, Ontario
	M5H 1J9
Webinar Link:	https://vantagevenues.zoom.us/webinar/register/WN_oJowAU68SwKycFJq9ABmyw

ABOUT DISCOVERY

Discovery is a growing North American precious metals company. The Company has exposure to silver through 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. On January 27, 2025, Discovery announced an agreement to acquire a 100% interest in the Porcupine Complex from a subsidiary of Newmont Corporation. The addition of the Porcupine Complex will transform the Company into a Canadian gold producer with multiple operations in one of the world’s most renowned gold camps in and near Timmins, Ontario, with a large base of Mineral Resources remaining and substantial growth and exploration upside. The Acquisition is expected to close in the first half of 2025.

On Behalf of the Board of Directors,

Tony Makuch, P.Eng
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

When is Discovery Silver (DSVSF) hosting their investor presentation about the Porcupine acquisition?

Discovery Silver will host the investor presentation on March 3, 2025, at 10:00 am ET.

What assets will Discovery Silver (DSVSF) own after the Porcupine Complex acquisition?

Discovery will own the Cordero silver project in Mexico and the Porcupine Complex in Timmins, Ontario, combining silver development and gold production assets.

When is the Porcupine Complex acquisition by Discovery Silver (DSVSF) expected to close?

The acquisition is expected to close in the first half of 2025.

What makes Discovery Silver's (DSVSF) Cordero project significant?

Cordero is one of the world's largest undeveloped silver deposits, located in Chihuahua State, Mexico's prolific mining belt.

Who is selling the Porcupine Complex to Discovery Silver (DSVSF)?

A subsidiary of Newmont is selling the Porcupine Complex to Discovery Silver.