Discovery Mining Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Anthony Paul Makuch
- Full Time Employees
- 968
- Sector
- Basic Materials
- Industry
- Other Precious Metals
- Address
- 79 Wellington Street West Toronto ON Canada M5J 2H7
- IPO Date
- Aug 22, 2017
- Website
- dsvmining.com
- Similar Companies
- Business
- Discovery Silver Corp. is a precious metals company focused on the acquisition, exploration, development and operation of mineral properties in Canada and Mexico. The company explores and produces silver, gold, zinc and lead deposits; its flagship assets include the 100%-owned Cordero silver project, one of the world's largest silver development-stage projects comprising 26 contiguous claims covering 34,908.7 hectares in Chihuahua State, Mexico, and the Porcupine Operations encompassing high-quality gold producing assets in and near Timmins, Ontario, Canada, such as the Hoyle Pond, Borden, Pamour, Hollinger and Dome mine properties covering approximately 1,400 square kilometers with substantial mineral resources and exploration upside. Operations at Porcupine include underground gold production from Hoyle Pond and Borden mines, open-pit mining at Pamour and processing at the Dome mill facility; Cordero features a recent feasibility study indicating potential annual production with NPV5% of US$1.2 billion at US$22 per ounce silver rising to US$2.2 billion in Year 4 at expanded throughput. Discovery Silver operates primarily in North America with gold production in Ontario's prolific Timmins Camp and silver development in Mexico's mining-friendly Chihuahua region, targeting institutional investors and serving global precious metals markets. Incorporated in 1986 and headquartered at 55 University Avenue, Suite 701, Toronto, Ontario, Canada, the company employs approximately 35 people and holds Quality Environmental Certification from Mexico’s Federal Attorney’s Office for Environmental Protection along with Socially Responsible Enterprise Distinction from the Mexican Centre for Philanthropy. Recent developments include the April 2025 acquisition of Newmont Corporation's Porcupine Complex for US$425 million transforming Discovery into a Canadian gold producer with anticipated average annual output exceeding 285,000 ounces over 10 years and a 22-year mine life; a US$575 million financing package with Franco-Nevada Corporation comprising royalty, debt and equity; a US$250 million revolving credit facility secured in 2025 maturing September 2028 with an additional US$100 million accordion feature from banks including BMO, CIBC and NBC to replace prior debt and fund growth; entry into a Resource Development Agreement with Taykwa Tagamou Nation in October 2025; appointment of Alison White as Chief Financial Officer; and encouraging 2025 exploration results from 27,640 meters drilled at Porcupine sites including Hoyle Pond, Borden, Pamour and Owl Creek as part of a 140,000-meter program.
Discovery Confirms Presence of Large-Scale Deposit at Pamour
Discovery Announces Details of Second Quarter 2026 Results Conference Call and Webcast
Discovery's New Name Receives TSX Approval
Discovery Announces Annual General and Special Meeting Results
Discovery Announces Management Changes
Discovery Completes Acquisition of Kidd Operations
Discovery Completes Acquisition of Kidd Operations
Discovery Silver Q1 Earnings Call Highlights
Discovery Reports Solid Earnings and Cash Flow in Q1 2026
Discovery Announces Details of First Quarter 2026 Results Conference Call and Webcast
Excellent Drill Results Confirm Growth Potential at Porcupine
Excellent Drill Results Confirm Growth Potential at Porcupine
Discovery Produces 60,269 Ounces of Gold in First Quarter 2026
Discovery Produces 60,269 Ounces of Gold in First Quarter 2026
Discovery Silver Corp. (DSV:CA) Analyst/Investor Day Transcript
Discovery Announces Acquisition of Glencore's Kidd Operations
Discovery Appoints Lee Hodgkinson to the Board of Directors
Discovery Reports Excellent Exploration Results from All Porcupine Targets
Discovery Announces Details of Investor Day 2026
Discovery Announces Details of Fourth Quarter and Full Year 2025 Results Conference Call and Webcast