Discovery Mining Ltd. (DSV:CA) Q2 2026 Earnings Call Transcript
Discovery Mining Ltd. (DSV:CA) Q2 2026 Earnings Call Transcript
DSVSF - Discovery Mining Ltd.
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Discovery Reports Record Revenue, Strong Year-Over-Year Earnings Growth in Q2 2026
COMPLETED ACQUISITION OF KIDD OPERATIONS Creates opportunity to significantly increase processing capacity, adds valuable land and infrastructure, provides exposure to critical minerals and adds exploration upside
Discovery Reports Positive Drill Results at Key Growth Projects, Resource Estimates for Dome and TVZ on Track for Late 2026
Dome 1 Drilling continues to intersect excellent grades and widths within and outside Resource pit shell 2 ; Resource update on track for late 2026 9.09 gpt3 over 17.3m3 including 14.76 gpt over 7.8m, 3.86 gpt over 18.0m including 15.39 gpt over 2.6m, 13.49 gpt over 3.5m, 1.03 gpt over 17.8m, 4.89 gpt over 2.8m, 2.26 gpt over 4.2m; 5.04 gpt over 8.4m, 11.20 gpt over 3.0m; 0.79 gpt over 11.9m; 1.72 gpt over 7.0m, 0.76 gpt over 10.8m; 0.79 gpt over 6.0m, 3.26 gpt over 4.1m; 1.89 gpt over 12.1m; 1.48 gpt over 12.0m; 1.38 gpt over 17.0m; 1.61 gpt over 16.0m; 22.0 gpt over 1.0m; and 278.48 gpt over 1.1m TVZ New intersections indicate strong correlation of mineralized zones and grades with previously drilled holes as well as potential grade upside 2 : Samples shipped for Metallurgical testing; Initial National Instrument 43-101 (“NI 43-101”) Resource estimate expected before year end 2 1210 Level: 5.13 gpt gpt over 18.2m; 7.04 gpt over 16.9m; 5.17 gpt over 21.0m; 5.73 gpt over 23.2m; 6.93gpt over 11.7m; 5.65 gpt over 30.5m; 9.05 gpt over 13.2m and; 4.40 gpt over 14.0m, including 7.03 gpt over 6.8m; 5.24 gpt over 12.9m; and 5.46 gpt over 12.5m; 4.59 gpt over 25.0m; 4.54 gpt over 18.4m 1680 Level: 4.51 gpt over 9.0 m; 4.30 gpt over 24.4m, including 5.73 gpt over 12.4m Owl Creek C ontinuation of positive drill results; Exploration ramp development underway to accelerate drilling along 1.5 km Hoyle Pond – Owl Creek Trend 7.09 gpt over 17.0m, including 23.12 gpt over 2.0; 6.35gpt over 9.4m, 2.69 gpt over 30.9m, including 9.31 gpt over 2.0m, 2.86 gpt over 17.4m and; 3.41 gpt over 17.0m, including 7.45 gpt over 3.1m; 5.73 gpt over 4.2m and 2.74 gpt over 30.4m; 4.72 gpt over 24.0m including 12.26 gpt over 6.8m; 4.86 gpt over 8.4m; and 19.35 gpt over 5.4m, including 270.0 gpt over 0.3m. 1. All assays are reported uncut.
Discovery Confirms Presence of Large-Scale Deposit at Pamour
Drilling 1 continues to confirm and expand current open pit resources 3
Discovery Announces Details of Second Quarter 2026 Results Conference Call and Webcast
TORONTO, July 11, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced that the Company will release its financial and operating results for the second quarter of 2026 prior to the market open on Thursday, August 13, 2026, Eastern Time (“ET”). The Company will then host a conference call to review the results at 10:00 am ET the same day. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be webcast and available on the Company's website at www.dsvmining.com.
Discovery's New Name Receives TSX Approval
DSV shares to trade under Discovery Mining Ltd. name effective July 3, 2026 DSV shares to trade under Discovery Mining Ltd. name effective July 3, 2026
Discovery Announces Annual General and Special Meeting Results
Discovery Silver Corp. changes name to Discovery Mining Ltd. TORONTO, June 22, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd.
Discovery Announces Management Changes
TORONTO, June 02, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce management appointments in conjunction with the closing of the Company's acquisition of Glencore Canada Corporation's (“Glencore”) Kidd Operations. The appointments include: Dawid Myburgh as Senior Vice President, Timmins Operations, Harold Bird as Vice President, Mineral Processing; and Gertjan Bekkers as Vice President, Technical Services.
Discovery Completes Acquisition of Kidd Operations
TORONTO, June 01, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today reported the completion of the previously announced acquisition of Glencore Canada Corporation's (“Glencore”) 100% interest in the Kidd operations (“Kidd” or “Kidd Operations”) in Timmins, Ontario (the “Transaction”). The Kidd Operations include the Kidd Metallurgical Site (“Kidd Met Site” or the “Met Site”), the Kidd Creek copper, zinc and silver mine (“Kidd Creek Mine” or “Kidd Creek”), and the Kidd Creek Timber Ltd. exploration land package. All amounts are in US dollars unless otherwise specified.
Discovery Completes Acquisition of Kidd Operations
Acquisition supports Discovery's vision to more than double gold production in Timmins to over half a million ounces per year Study advancing for construction of new conventional gold processing circuit at Kidd Met Site; Future production from Hoyle Pond, Pamour, Borden and TVZ expected to be processed at the Met Site, with Dome Mill to be dedicated for processing material from Dome Mine following an anticipated resumption of operations Surface access at Kidd Met Site to support planned future expansion of Hoyle Pond and Pamour, and provide valuable locations for surface exploration Attractive potential synergies for Hoyle Pond and Pamour, including reduced haulage costs, greater efficiency in waste rock deposition and the potential use of gold tailings at the Kidd tailings management area ("Kidd TMA") Provides exposure to critical minerals at Kidd Creek Mine, including copper, zinc and silver (expected production for remainder of 2026 includes 10 - 15 thousand tonnes of zinc, 5 - 7 thousand tonnes of copper and approximately 0.
Discovery Silver Q1 Earnings Call Highlights
Discovery Silver TSE: DSV said it remains on track with its 2026 guidance after a first quarter marked by lower gold production, higher gold prices, continued investment at Porcupine and progress on a proposed acquisition that management said could unlock significant processing capacity in Timmins.
Discovery Reports Solid Earnings and Cash Flow in Q1 2026
(1) Non-GAAP measure. For more information, see the section entitled, “NON-GAAP MEASURES.”(2) AISC excludes share-based compensation costs.(3) Site-level AISC includes corporate G&A allocation and excludes remaining corporate G&A, share-based compensation costs and corporate-level sustaining capital expenditures.(4) Excludes the $86.8 million 2025 cash income tax payment.
Discovery Announces Details of First Quarter 2026 Results Conference Call and Webcast
TORONTO, May 04, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced that the Company will release its financial and operating results for the first quarter of 2026 prior to the market open on Thursday, May 14, 2026, Eastern Time (“ET”). The Company will then host a conference call to review the results later that day, at 2:00 pm ET. Those wishing to join the call can do so using the telephone numbers listed below. The call will also be webcast and available on the Company's website at www.discoverysilver.com.
Excellent Drill Results Confirm Growth Potential at Porcupine
Hoyle Pond1 Hoyle Pond: Drilling expands high-grade mineralization at depth2 S Zone: 13. 52 gpt over 9. 1m3; 45. 77 gpt over 4. 1m, including 133.
Excellent Drill Results Confirm Growth Potential at Porcupine
Hoyle Pond 1 Hoyle Pond: Drilling expands high-grade mineralization at depth2 S Zone: 13.52 gpt over 9.1m3; 45.77 gpt over 4.1m, including 133.00 gpt over 0.6m; 5.69 gpt over 8.5m TVZ: Drilling intersects additional wide high grades from the 1210 and 1680 levels4 TVZ1: 72.46 gpt over 3.8m, including 770.00 gpt over 0.3m; 27.91 gpt over 0.9m; 6.14 gpt over 5.4m Main Zone (TVZ2): 4.39 gpt over 9.2 m; 4.23 gpt over 55.0m, including 5.39 gpt over 27.0m; 4.32 gpt over 19.0m, including 5.82 gpt over 9.0m; 4.24 gpt over 10.2m; 3.87gpt over 25.0m, including 6.41 gpt over 11.0m; 3.42 gpt over 33.5m, including 5.18 gpt over 9.1m Splay Veins:4.36 gpt over 22.0m, including 13.33gpt over 4.44m; 6.13 gpt over 7.4m; 7.81 gpt over 4.1m Owl Creek: Drilling expands deposit footprint and identifies wide high-grade core at Owl Creek; Highlights potential at 750 Zone4 Owl Creek: 4.11 gpt over 30.0m, including 9.04 gpt over 3.0m, and including 7.17 gpt over 3.0m, and including 5.24 gpt over 10.1m, 4.13gpt over 13.8m including 7.53 gpt over 7.0m and; 2.38gpt over 35.5m including 6.05gpt over 3.2m and 4.97gpt over 2.1m. 750 Zone: 5.76gpt over 4.5m and 2.57gpt over 8.9m Borden 1 Main Zone: Drilling extends mineralization down plunge and to the east of current resource2 18.85 gpt over 3.1m; 4.42 gpt over 16.6m, including 7.39 gpt over 6.3m; 10.04 gpt over 13.7m, including 21.01 gpt over 3.8m; 7.14 gpt over 12.3m; 5.54 gpt over 12.6m, including 12.12 gpt over 4.5m; 9.39 gpt over 12.9m; 8.30 gpt over 10.2m; 6.51 gpt over 11.3m; 4.85 gpt over 14.2m; 5.30 gpt over 13.0m East Lower Zone : Drilling highlights expansion potential on structure parallel to Main Zone 2 6.87 gpt over 21.0m, including 9.08 gpt over 9.1m; 6.24 gpt over 15.7m, including 7.68 gpt over 7.9m; 7.13 gpt over 10.9m, including 10.79 gpt over 5.8m; 5.35 gpt over 15.1m, including 8.60 gpt over 6.5m Pamour 1 Pamour: Drilling continues to confirm and expand current open pit resources4 West Pit: 1.35 gpt over 65.7m; 1.35 gpt over 24.5m; 1.34 gpt over 56.1m; 1.29 gpt over 41.4m Central Pit: 1.15 gpt over 109m; 5.25 gpt over 19.7m; 2.29 gpt over 45.3m; 1.36 gpt over 54.1m East Pit: 1.94 gpt over 28.5m; 4.54 gpt over 12.6m; 2.95 gpt over 12.6m; 1.66 gpt over 31.1m Pamour West: Continued positive results to west of current Pamour resource 4 2.14 gpt over 18.3m ; 6.84 gpt over 7.5m; 1.84 gpt over 6.0m; 1.77 gpt over 5.9m; 5.67 gpt over 3.2m; 3.01 gpt over 3.8m; 9.35 gpt over 3.7m and 2.49 gpt over 7.7m North Contact Zone: Drilling identifies new mineralization north of phase 2 pit 4 2.52 gpt over 20.0m; 0.78 gpt over 35.5m; 24.11 gpt over 8.0m, including 596.0 gpt over 0.3m; 1.45 gpt over 23.1m; 1.70 gpt over 23.9m, including 20.70m over 1.0m Dome 1 Continued drilling success to northeast and southwest; Resource update on track for late 20264 1.19 gpt over 35.2m; 3.16 gpt over 15.0m; 1.19 gpt over 28.9m; 1.13 gpt over 29.7m; 1.01 gpt over 20.0m; 2.77 gpt over 10.9m and; 1.21 gpt over 11.3m; 0.60 gpt over 8.2m and , 3.11gpt over 3.5m All assays are reported uncut.
Discovery Produces 60,269 Ounces of Gold in First Quarter 2026
Company on track to achieve full-year 2026 guidance of 260,000 – 300,000 ounces Company on track to achieve full-year 2026 guidance of 260,000 – 300,000 ounces
Discovery Produces 60,269 Ounces of Gold in First Quarter 2026
TORONTO, April 22, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) ("Discovery" or the "Company") today announced that the Company's Porcupine operations (the "Porcupine Operations" or "Porcupine") produced 60,269 ounces of gold in the first quarter of 2026 ("Q1 2026").
Discovery Silver Corp. (DSV:CA) Analyst/Investor Day Transcript
Discovery Silver Corp. (DSV:CA) Analyst/Investor Day Transcript
Discovery Announces Acquisition of Glencore's Kidd Operations
TORONTO, March 02, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) to acquire, through a wholly-owned subsidiary, Glencore Canada Corporation's (“Glencore”) 100% interest in the Kidd operations (“Kidd” or the “Kidd Operations”) in Timmins, Ontario (the “Transaction”). The Kidd Operations include the Kidd Metallurgical Site (the “Kidd Met Site”), the Kidd tailings management area (the “Kidd TMA” or the “TMA”) and the Kidd Creek copper, zinc and silver mine (the “Kidd Creek Mine”). All amounts are in US dollars unless otherwise specified.
Discovery Appoints Lee Hodgkinson to the Board of Directors
TORONTO, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce that, effective immediately, Lee Hodgkinson has joined the Board of Directors.