Discovery Metals Announces Clarification of News Release Issued September 10, 2019
Discovery Metals Announces Clarification of News Release Issued September
10, 2019
TORONTO, Sept. 10, 2019 -- Discovery Metals Corp. (TSX-V: DSV) (“Discovery” or the “Company”) wishes to clarify
information regarding its earlier news release issued today:
Discovery acquired the Cordero project through its acquisition of all of the issued and outstanding shares of Levon Resources
Ltd. (“Levon”) (see Discovery news release of August 2, 2019). The mineral resource estimate and Preliminary Economic
Analysis (“PEA”) supporting the disclosure in the news release were completed by Levon, now a wholly-owned subsidiary of
Discovery. These documents are available on Levon’s SEDAR profile at www.sedar.com and on Discovery’s website at
www.dsvmetals.com.
For further information contact: Discovery Metals Corp., #701 - 55 University Ave, Toronto, ON Canada M5J 2H7,
On Behalf of the Board of Directors
“Taj Singh”
Taj Singh, M.Eng, P.Eng, CPA
President, Chief Executive Officer, and Director
ABOUT DISCOVERY METALS
Discovery is exploring its 100%-owned Cordero silver-zinc-lead-gold Project. The 37,000-hectare property covers an entire
porphyry district that hosts the announced resource and numerous exploration targets for bulk tonnage diatreme-hosted,
porphyry-style, and carbonate replacement deposits. In addition, Discovery is focused on discovering and advancing high-
grade silver-zinc-lead deposits in a land package of approximately 150,000 hectares covering a historic mining district in
Coahuila State, Mexico. The portfolio of three large-scale, drill-ready projects and several earlier-stage prospects, all with
shallow, high-grade mineralization, is situated in a world-class carbonate replacement deposit belt that stretches from
southeast Arizona to central Mexico. The land holdings contain numerous historical direct-ship ore workings with several
kilometers of underground development, but there was no modern exploration or drill testing on the properties prior to the work
carried out by Discovery.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release may include forward-looking statements that are subject to inherent risks and uncertainties. All statements
within this news release, other than statements of historical fact, are to be considered forward looking. Although the Company
believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or developments may differ materially from those
described in forward-looking statements. Factors that could cause actual results to differ materially from those described in
forward-looking statements include fluctuations in market prices, including metal prices, continued availability of capital and
financing, delays in receipt of required permits, timing of commencement of drilling, and general economic, market or business
conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on
their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except
as required under applicable laws.