Discovery Silver Hits Record Gold Production

Discovery Silver achieved a record second quarter, with gold production increasing by 12% to 67,300 ounces compared to the previous quarter. Higher processed tonnage across its Canadian operations significantly boosted output, more than compensating for a planned reduction in average gold grade. The company also reported progress on its strategic initiatives, including the acquisition of Kidd operations and successful exploration efforts in the Timmins camp.

Looking ahead, Discovery Silver is advancing a growth strategy that projects annual gold production exceeding 500,000 ounces within the next three to five years. This projection does not include potential future production from its Cordero silver project in Mexico. The company expressed confidence in its vision, citing exploration results, operational investments, and the strategic Kidd acquisition as key drivers of this anticipated expansion.