Discovery Minerals Limited: Update
Discovery Minerals Ltd. has signed an LOI on silver, lead and zinc mining property in Ontario, Canada. The Company will review the voluminous data from previous production and diamond drilling with close attention being paid to the silver content in the residual tailings dump on site of approximately 200,000 tons.
Discovery Minerals Ltd. is continuing to negotiate on several other mining projects including a substantial gold property located overseas.
About Discovery Minerals Ltd:
Discovery Minerals Ltd., (OTC PINK: DSCR) is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cash flow from any projects undertaken.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Discovery Minerals Ltd.
Corporate Communications
310-855-2642