Discovery’s President and CEO, Taj Singh commented: “The receipt of the drilling permit for Monclova is a significant step for the Company. Our team has been working diligently to develop an exploration plan for the Project and has delineated multiple high-potential drill targets that we can test in 2019. This will be the first drilling ever carried out at this past-producing, high-grade project.”
Over the last year the Company has completed field work including surface and underground (“UG”) mapping, sampling and a ground magnetometer survey that highlight significant potential at a number of showings. The Real Viejo area is the key near-term target. It hosts five historic shallow underground mines along a strike of 1.5km at a limestone-intrusive rock contact. Discovery’s channel sampling program at Real Viejo consistently returned high grades. The 50 highest-grade channel samples returned an average grade of 677 g/t AgEq1 (277 g/t Ag, 6.7% Zn, 1.9% Pb).
Source: Company Press Release
