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DSV.TO ·

Discovery Metals Announces Grant of Options

Share Capital & Compensation

Suite 701, 55 University Avenue

Toronto, Ontario M5J 2H7

September 18, 2017 TSX-V: DSV

NEWS RELEASE

Discovery Metals Announces Grant of Options

TORONTO, ONTARIO -- Discovery Metals Corp. (TSX-V: DSV) ("Discovery Metals" or the "Company")

today announces the granting of 550,000 incentive stock options to new management and employees, with an

exercise price of $0.81 per share, exercisable for a period of five years.

On Behalf of the Board of Directors of:

DISCOVERY METALS CORP.

For further information contact:

Taj Singh, M.Eng, P.Eng, CPA

President & CEO

Discovery Metals Corp.

Phone: 416-613-9410

Email: [email protected]

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.

About Discovery Metals

Discovery Metals is focused on discovering and advancing high grade polymetallic deposits in a recently

assembled land package of approximately 300,000 hectares over a large and historic mining district in northern

Coahuila State, Mexico. The portfolio of seven key properties, all with shallow high grade silver-zinc-lead

mineralization, is situated in a world class Carbonate Replacement Deposit (CRD) belt that stretches from SE

Arizona to central Mexico. The land holdings contain numerous historical direct-ship ore workings with over

4,000 m of underground development. No modern exploration or exploration drill testing has been carried out

on the properties.