Discovery Announces Management Appointments
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Discovery Announces Management Appointments
June 16, 202 5, Toronto, Ontario – Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)
(“Discovery” or the “Company”) today announced the hiring of Amy Hu as Senior Vice President, Legal
and Sustainability and Darin Smith as Senior Vice President, Corporate Development. In addition, the
Company also announced the following promotions: Forbes Gemmell to the position of Executive Vice
President, Business Development & Growth; Mark Utting to the role of Senior Vice President, Investor
Relations; and Gord Leavoy to the position of Senior Vice President, Mineral Processing. The
appointments are effective immediately.
Tony Makuch, Discovery’s CEO, commented: “The executive appointments announced today are an
important step forward in building a strong, highly experienced leadership team to drive growth and
value creation at Discovery. We are delighted to welcome Amy and Darin to the Company and are
confident they will make a valuable contribution to our future success . They are both highly
accomplished professionals with extensive industry experience involving mines in Northern Ontario.
The promotions we are announcing are well deserved and reflect both the valuable contribution Forbes,
Mark and Gord have made since joining Discovery, as well as their increasing responsibilities following
the completion of the Porcupine Complex acquisition on April 15, 2025.”
Amy Hu is a lawyer with more than 15 years of international experience across North and South
America, Africa, and Australia . During her career, Ms. Hu has played pivotal roles in guiding public
companies through major M&A transactions, crisis response as well as environment, social and
governance (“ESG”) issues. Most recently, Ms. Hu served as Deputy General Counsel, Operations
Legal Support at Newmont Corporation (“Newmont”), where she led a 70+ person legal team across
nine countries. Prior to that, she held various senior legal roles with Goldcorp Inc. between 2013 to
2019 where much of her work focused on assets in Northern Ontario. A recognized expert in corporate
law, ESG, and stakeholder engagement, Ms. Hu has negotiated long -term agreements with many
Indigenous communities and contributed to sustainable strategies for mining companies.
Darin Smith is a finance professional with more than 20 years of experience in financial analysis and
corporate strategy within the mining sector. He joins Discovery from Liberty Gold Corp. where he had
served as Senior Vice President, Corporate Development since 2022. Prior to that assignment, Mr.
Smith served as Senior Vice President, Corporate Development at Kirkland Lake Gold Ltd. (“Kirkland
Lake Gold”) from 2017 to 2022, where he was involved in a number of value-enhancing transactions
including the merger of equals with Agnico Eagle Mines Ltd. (“Agnico Eagle”) and the acquisition of
Detour Gold Corp.
Forbes Gemmell is promoted to the role of Executive Vice President, Business Development & Growth.
Most recently, Mr. Gemmell served as Discovery’s Vice-President, Corporate Development, where he
played key roles in advancing the Company’s Cordero silver project, including completing the feasibility
study in early 2024, and in the successful acquisition of the Porcupine Complex from Newmont. Prior
to joining Discovery in 2020, Mr. Gemmell held a number of s enior management positions, including
with companies such as Guyana Goldfields Inc . and Lago Dourado Minerals Ltd. Earlier experience
NEWS RELEASE
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included working in the capital markets both on the sell -side, as an equity research analyst covering
the precious metals sector with Raymond James Ltd., and on the buy -side, as an equity analyst with
Colonial First State.
Mark Utting is promoted to the position of Senior Vice President, Investor Relations. Most recently, he
served at Discovery’s Vice President, Investor Relations since June 1, 2024, and was a consultant to
the Company prior to that date. Before joining Discovery, key roles in the mining sector included serving
as Senior Vice President, Investor Relations at Kirkland La ke Gold from 2017 to 2022, where he was
responsible for all aspects of investor relations and corporate communications, including serving as one
of two primary spokespersons, and also serving as Chair of the Company's Disclosure Committee. Prior
to that assignment, he served as Vice President, Investor Relations for Tahoe Resources Inc. from April
2016 to June 2017 and performed the same role for Lake Shore Gold Corp. (“Lake Shore Gold”) from
2008 to 2016.
Gord Leavoy is promoted to Senior Vice President, Mineral Processing. He was previously Vice -
President, Mineral Processing for Discovery, a role he assumed in June 2023. Over his 40-year career,
Mr. Leavoy has gained extensive experience in processing plant operations, plant maintenance, plant
design and construction and mine tailings dam construction and operation. Prior to joining Discovery,
he was Vice President, Mineral Processing and Accountable Executive Officer for tailings at Kirkland
Lake Gold. Earlier positions included a variety of roles with companies such as Falconbridge Ltd.,
Kinross Gold Corp., Placer Dome Inc., Goldcorp Inc., Lake Shore Gold, Kirkland Lake Gold and Agnico
Eagle.
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, P. Eng
President, CEO & Director
For further information contact:
Mark Utting, CFA
SVP Investor Relations
Phone: 416-806-6298
Email: [email protected]
Website: www.discoverysilver.com