Discovery Announces Filing of Amended Technical Report

TORONTO, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) announces the Company is filing an Amended Technical Report titled Preliminary Economic Assessment of the Cordero Silver Project, Chihuahua State, Mexico, dated July 27, 2022 (the “Amended Technical Report”). The previous Technical Report dated November 30, 2021, stated “the Cordero project is technically and economically viable” in Section 1.18 and Section 26.2. The Company notes that the economic analysis is a preliminary economic assessment and cannot demonstrate economic viability. This sentence has been removed from the Amended Technical Report. No other changes have been made to the Amended Technical Report. The Company is well advanced on a Pre-Feasibility Study (“PFS”) scheduled for completion in 4Q 2022. The PFS will outline the technical and economic viability of the Project including an estimate of mineral reserves.