Day: March 31, 2020

“With the changing global economic environment, it delights me to advise that both parties in the Transaction continue to show a willingness to work together now and into the future by agreeing to vary the Share Sale Agreement. The updated and agreed changes provides the Company with the ability to complete the Transaction and procced with the strategy to acquire a transformative gold/silver project such as Copalquin.”

“We are pleased to complete the sale of Red Lake to a highly respected and responsible operator in Evolution. The transaction provides us ongoing exposure to future exploration upside, whilst we remain focused on our diverse global portfolio of 12 managed operations and two joint ventures, which includes eight world-class assets,” said Tom Palmer, President and Chief Executive Officer.

“Both the Platosa Mine and Miguel Auza Mill realized record production tonnage during 2019,” stated Brendan Cahill, President and CEO.

Discovery Metals Corp. announces that it has temporarily suspended all exploration activities at its Mexican operations due to the increased health and safety risks associated with the growing number of COVID-19 cases in the country.