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DSCR Announces Mining Operations Will Commence Late June 2019 on War Eagle Mountain
Posted on Thursday May 09, 2019
Phoenix, AZ, May 09, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Discovery Minerals LTD (DSCR) is an acquisition and development Company that targets natural resource properties primarily in precious metals and mining operations. Discovery Minerals is pleased to announce that mining operations will commence on the War Eagle Mountain Project in late June, 2019 on the Oro Fino Trench. As previously reported the initial mining target is a near surface extension of the Oro Fino Vein with approximately 70,000 tons of ore. The recent independent survey by Geoff Boswell of Underhill Associates revised the ore grade from 10g per ton to 15g per ton Gold with a ratio of 5 oz of Silver for each oz of Gold. It is also expected to find enrichment cross structures with greater tonnages in the dilation zone and higher grades of gold & silver at these intersections. While this initial operation is progressing the Company expects to encounter further ore positions while mining development headings to expand operations.
DSCR Announces Site Survey Update for War Eagle Mountain Mining Plan
Posted on Thursday May 02, 2019
New findings from Independent Geologist Site Survey and Report state a conservative gold grade for Orofino Trench at 15gr per ton, revised from previous estimate of 10g per ton. Existing tailings have been estimated at 7g per ton. Arizona, May 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Discovery Minerals Ltd (Pink Sheets:DSCR) is an acquisition and development Company that targets natural resource properties primarily in precious metals and mining operations. Discovery Minerals is pleased to announce an update from the Board of Directors and CEO for the War Eagle Mountain. Russell Smith, CEO, led a team completing a two-week site visit and survey from late March to early April 2019. The Company engaged Geoff Boswell of Underhill Associates an independent geologist to review findings and prepare an updated report.
Discovery Minerals Ltd. Announces Completion of Joint Venture for Mining War Eagle Mountain Project
Posted on Monday March 11, 2019
The Company Has Completed a Definitive Joint Venture Agreement with the Owners of the War Eagle Mountain Project to Fully Explore, Mine, and Process Ore Bodies. PHOENIX, AZ, March 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Discovery Minerals Ltd. (DSCR) an acquisition and development Company that targets natural resource properties primarily in precious metals and mining operations.
DSCR Announces Update for War Eagle Mining Plan
Posted on Wednesday January 23, 2019
Phoenix, Arizona, Jan. 23, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Discovery Minerals LTD (DSCR) is an acquisition and development Company that targets natural resource properties primarily in precious metals and mining operations. Discovery Minerals is pleased to announce an update from the Board of Directors and CEO for the War Eagle Mountain Project to target ore deposits near surface to provide the company the fastest path to revenue, utilizing the existing mill facility while continuing the geology program for expanded operations. The initial mining target is an extension of the Oro Fino Vein with approximately 70,000 tons of ore at 10 g per ton Gold plus 5 ozs per ton of Silver, that is visible in places on the surface. This is in the supergene zone with potentially high grades of Gold and Silver.