Discovery Announces Management Appointments
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Discovery Announces Management Appointments
April 25, 202 5, Toronto, Ontario - Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)
(“Discovery” or the “ Company”) is pleased to announce the following management a ppointments:
Pierre Rocque as Chief Operating Officer ; Jennifer Wagner as Executive Vice President, Corporate
Affairs and Sustainability; Duncan King as Vice President, Canadian Operations ; and Eric Kallio as
Senior Vice President, Exploration & Growth. The appointments are all effective immediately.
Tony Makuch, Discovery’s CEO, commented: “We are delighted to welcome Pierre, Jennifer, Duncan
and Eric to Discovery’s executive team. They are all highly accomplished professionals with a track
record of success in the mining industry, who I have had the privilege of knowing and working with for
many years. Most recently, they were all part of our team at Kirkland Lake Gold (“KL”), where over a
six-year period we more than quadrupled annual gold production to over 1.4 million ounces . All four
contributed to the recently completed acquisition of the Porcupine Complex, with Pierre, Duncan and
Eric serving as part of the due diligence team, and Jennifer acting as Chair of the special committee of
the Board. I am looking forward to working with each of them again and to the important contribution
they will make as we continue to advance Porcupine, and Discovery, towards a very successful future.”
Pierre Rocque is a mining engineer , PEO Ontario, with over 35 years of industry experience. Most
recently, he was Director of Rocque Engineering Inc. (“REI”) since 2019, serving a broad range of
clients, including working with Discovery as it evaluated the Porcupine Complex acquisition. Prior to
2019, Mr. Rocque worked as Vice President of Canadian Operations and Technical Services at KL from
2016 to 2019 and at St. Andrews Goldfields Ltd. (“St. Andrews”) from 2010 to 201 4. Mr. Rocque’s
extensive experience in Timmins includes serving as Director, Technical Services at Lake Shore Gold
Corp. (“LSG”) from 2008 to 2010, acting as Qualified Person for the 2006 NI 43-101 Technical Report
for the Porcupine Joint Venture and serving as a Project Engineer at Hoyle Pond from 1998 to 1999.
Jennifer Wagner is a mining executive and corporate securities lawyer with approximately 20 years of
industry experience. She has served on Discovery’s Board of Directors since 2021. From 2015 to 2022,
Ms. Wagner worked in progressively senior roles at KL, ultimately serving as Executive Vice President,
Corporate Affairs and Sustainability, which also include d heading KL’s legal affairs function. Prior to
2015, she acted as legal counsel and corporate secretary to various TSX and TSXV -listed mining
companies. Ms. Wagner has extensive experience advising companies on a variety of corporate
commercial transactions, governance, and compliance matters.
Duncan King is from Timmins and has over 40 years of mining experience, primarily in Northern
Ontario. Mr. King worked in Timmins at LSG from 2008 to 2016, first serving as General Superintendent
at the Timmins West Mine from 2008 to 2013 and then Mine Manager at the Bell Creek Mine from 2013
to 2016. During the 1990s, Mr. King worked at the Hoyle Pond Mine, where he oversaw the successful
completion of the original shaft sinking project and the subsequent connec tion of underground
operations to the Hoyle Pond ramp. During his career, Mr. King has gained extensive knowledge of
mine development, production and leadership, with a strong track record of operational efficiency,
productivity and safety.
NEWS RELEASE
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Eric Kallio is a professional geologist, PGEO Ontario, with over 40 years of experience, largely in the
Abitibi Greenstone Belt of Northern Ontario. He was raised in Timmins and has previously worked at
the Porcupine Complex, including serving as Chief Geologist at Dome Mine for 10 years, from 1987 to
1997, and working at Hoyle Pond while in the role of senior exploration manager for Kinross Gold
Corporation from 1997 to 2001. Most recently, Mr. Kallio worked in various roles at Agnico Eagle Mines
Limited, including serving as Executive Vice President, Exploration Strategy and Growth from 2022 to
2023. From 2018 to 2022, Mr. Kallio served as Senior Vice President, Exploration at KL and, prior to
that assignment, worked as Senior Vice President, Exploration for LSG in Timmins from 2008 to 2016,
and for Tahoe Resources Inc. from 2016 to 2018 following that company’s acquisition of LSG.
ABOUT DISCOVERY
Discovery is a growing North American-focused 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 St ate,
Mexico. On April 15 , 2025, Discovery completed the acquisition of the Porcupine Complex from
Newmont Corporation, transforming the Company into a new Canadian gold producer with multiple
operations in one of the world’s most renowned gold camps in and near Timmins, Ontario. Discovery
owns a dominant land position within the camp, with a large base of Mineral Resources remaining and
substantial growth and exploration upside.
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: [email protected]
Website: www.discoverysilver.com