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Discovery Metals Corp.

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Summary

Project:

La Kika

Deposit:La Kika
Location:Mexico
Commodities:Silver-Zinc-Lead
Date:3/15/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:15-3-2018: Discovery Metals Corp. announces an Exploration/Drilling Update report for its La Kika deposit at the La Kika project. Drilling results incl. 1.5m @ 12.77% Zn from 7m. TORONTO, March 15, 2018 -- Discovery Metals Corp. (TSX-V:DSV) (“Discovery” o
Resources:x
CP/QP:[Overall Report]: Taj Singh (Internal)
ABSTRACT:TORONTO, March 15, 2018 -- Discovery Metals Corp. (TSX-V:DSV) (“Discovery” or the “Company”), is pleased to provide an update on its Phase I drilling and property-wide mapping and sampling program on its La Kika Project (“La Kika”), located in the northern Mexican state of Coahuila. Discovery President and CEO, Taj Singh comments: “We are pleased with the results from our Phase I drill program at La Kika, the first-ever drilling at this project. Drilling focused on a very shallow zone around historic workings. We intersected a series of narrow, high-grade mantos, suggesting potential for an extensive mineralized system at depth. Results from a property-wide geochemical sampling program indicate that the prospective area at La Kika may be substantially larger than originally hypothesized. Next steps at La Kika include detailed mapping of the newly identified area, property-wide geophysics and possibly trenching work." Mr. Singh further states: “Across the Company’s other projects, we are currently mapping and sampling at the Minerva and Monclova projects with the aim of defining high-priority drill targets to test in 2Q18. At our flagship Puerto Rico project, the Company has mobilized several teams to complete a reconnaissance program of mapping and sampling along with geological compilation work; the Company has also begun underground surveying of the extensive historic workings at Puerto Rico to identify drill-ready targets. The permitting process at Puerto Rico is progressing on schedule and we expect to begin drilling sometime 3Q18.”

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