- CEO
- Michael Hodge
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- Vancouver Canada
- IPO Date
- Sep 29, 2022
- Business
- Discovery Energy Metals Corp. is a Canadian junior mineral exploration and development company focused on the acquisition, exploration, and advancement of critical mineral and clean energy metal properties in North America. Headquartered in Vancouver, British Columbia, Canada, and incorporated in 2011, the company primarily targets battery and energy transition metals, with core exploration assets situated in mining-friendly jurisdictions across Quebec, Canada, including the prolific James Bay and Nunavik lithium districts. The company operates through systematic resource development and exploration activities, providing and executing mineral property staking, acquisition, and optioning; geological mapping, bedrock prospecting, and geochemical soil sampling; airborne magnetic, electromagnetic, and radiometric geophysical surveys; diamond core drilling and assay testing programs; mineral resource estimation, 3D geological modeling, and technical evaluation; environmental baseline and stakeholder consultation management; and strategic joint-venture structuring for clean energy metals, including lithium pegmatite assets, uranium prospects, and complementary battery metals. Discovery Energy Metals Corp. targets the global clean energy transition, aiming to supply future battery manufacturers, electric vehicle automotive suppliers, energy storage developers, and domestic mineral refining facilities. In recent major corporate developments, the company completed a strategic reorganization and name change from Discovery Lithium Inc. to Discovery Energy Metals Corp., transitioning its Canadian Securities Exchange trading symbol to DEMC to reflect its broadened focus across high-demand critical energy minerals. In addition, over the past two years, the company expanded its land position through targeted claim acquisitions and option agreements across Quebec, advanced multi-phase field exploration and high-resolution geophysical programs across its key project portfolio, and executed private placement equity financings to support working capital and fund ongoing mineral exploration campaigns.