Miner unveils drilling results from Mexican silver project

Photo: Discovery Silver

Toronto-based miner Discovery Silver has disclosed the results from the first 13 holes from its Phase 2 drill programme at the company’s flagship Cordero silver project in Mexico’s Chihuahua State.


“This current set of holes is focused on upgrading resources for in-clusion in a prefeasibility study planned for 2022,” the company said in a statement.


Discovery Silver admitted its resource update, which was originally scheduled for release at the end of September, has been delayed due to the inclusion of additional drill metres. The update is now ex-pected to be finalised in mid-October.


“The preliminary economic assessment (PEA) is on track for comple-tion in 4Q 2021,” according to the Canadian miner.


Taj Singh, the president and CEO of Discover Silver, commented that the “[h]ighlight intercepts from this release are from both the North and South Corridors and demonstrate the potential to expand the higher-grade resource as we tighten up the drill spacing across the deposit through our Phase 2 drill program.”