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Discovery Metals Corp.
Summary
| Project: | Cordero | |
|---|---|---|
| Deposit: | Cordero | |
| Location: | Mexico | |
| Commodities: | Silver-Gold-Zinc-Lead | |
| Date: | 2/12/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Pre-Feasibility Study | |
| Report details: | 12-2-2020: Discovery Metals Corp. announces an Exploration/Drilling Update report for its Cordero deposit at the Cordero project. Drilling results incl. 105.9m @ 74g/t Ag, 0.38g/t Au, 1.1% Pb, 1.1% Zn from 76.8m. February 12, 2020, Toronto, Ontario - Disc | |
| Resources: | (Resource): 990Mt @ 32g/t AgEq. (Ind.) and 282Mt @ 56g/t AgEq. (Inf.) | |
| CP/QP: | [Overall Report]: Gernot Wober (Internal) | |
| ABSTRACT: | February 12, 2020, Toronto, Ontario - Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce results from the second set of diamond drill holes completed at its flagship Cordero project (“Cordero” or “the Project”) located in Chihuahua State, Mexico. Discovery acquired Cordero through the acquisition of Levon Resources Ltd. (“Levon”) in August 2019. The holes are part of the previously announced 30,000-35,000 metre (“m”), Phase 1 drill program planned for completion in 2020. The focus of this program is to define and delineate areas of higher-grade mineralization within the existing Cordero resource. Taj Singh, President and CEO, states: “We are pleased with this second set of drill results, as it further validates the near-surface high-grade potential at Cordero. Drilling completed to-date clearly shows that there is excellent continuity and higher grades within the breccia-hosted mineralization. With the addition of two new drill rigs in January, we are excited to now have four drill rigs turning at Cordero and we look forward to the results from this increase in drill activity over the next few quarters. | |
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