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Business Summary: Discovery Silver Corp. (Discovery Silver) is a Canada-based mineral exploration company focused on identifying, defining, and developing mineral deposits, primarily in Mexico. Discovery Silver’s projects include Cordero project. The Company’s Cordero project is located on the eastern edge of the Sierra Madre Occidental mountains in the northern part of the Central Mexican Silver Belt, Mexico’s premier porphyry and carbonate replacement deposit district.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Discovery Silver Corp revenues was not reported. Net loss decreased 62% to C$15.8M. Lower net loss reflects Exploration of Polymetallic Deposits segment loss decrease of 62% to C$15.8M. Basic Earnings per Share excluding Extraordinary Items increased from -C$0.12 to -C$0.04.