Skip to main content

Discovery Announces Management Appointment

Written by Customer Service on . Posted in Public Companies.

TORONTO, June 05, 2024 (GLOBE NEWSWIRE) — Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce the appointment of Mark Utting as Vice President, Investor Relations effective immediately.

Mr. Utting is a Chartered Financial Analyst with over 35 years of experience in investor relations, corporate communications and finance, mainly in the mining and financial services sectors. His mining experience includes serving as Senior Vice President, Investor Relations at Kirkland Lake Gold Ltd. (“Kirkland”) from June 2017 to February 2022 when Kirkland merged with Agnico Eagle Mines Limited. Prior to that, Mr. Utting was Vice President, Investor Relations for Tahoe Resources Inc. (“Tahoe”) from April 2016 to June 2017 following Tahoe’s acquisition of Lake Shore Gold Corp., where he had worked as Vice President, Investor Relations from March 2008 to April 2016. Most recently, Mr. Utting joined Discovery as a consultant in February 2024 and previously served as Senior Vice President, Finance (full-time consultant) for Karora Resources Inc. from January 2023 to September 2023.

Tony Makuch, CEO, commented: “We are delighted to welcome Mark to Discovery’s executive team. He brings to the Company extensive experience in all aspects of investor relations, corporate communications and finance, as well as a strong work ethic and an overriding commitment to creating value for shareholders. His contribution will prove highly beneficial as we continue to move our company forward.”

About Discovery

Discovery’s flagship project is its 100%-owned Cordero project (the “Project”), one of the world’s largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. The Feasibility Study completed in February 2024 demonstrates that Cordero has the potential to be developed into a large-scale, long-life project that generates attractive economic returns and delivers substantial socio-economic benefits for local stakeholders. In developing and operating the Project, an important priority will be maximizing the use of green energy sources, such as electric vehicles and solar power, with the Company’s objective being to establish Cordero as the lowest carbon footprint open-pit mine globally.

On Behalf of the Board of Directors,
Tony Makuch, P.Eng
President, CEO & Director

For further information contact:         
Mark Utting, CFA
VP Investor Relations
Phone: 416-806-6298
Email: mark.utting@discoverysilver.com
Website: www.discoverysilver.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.