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#DSCREPIC
$SURG SHAREHOLDERS UPDATE 8/30/2018
https://surgeholdings.com/2018/08/30/surge-holdings-inc-shareholder-update/
COMPANY DESCRIPTION
Discovery Minerals Ltd.,is an acquisition and development company that targets natural resource properties through its subsidiaries. The Board of Directors has determined that these activities be clearly defined and separated within the company. All previous operations and activities such as precious metals/mining and industrial hemp growing & processing and clean alternative energy technology will be preserved and held in a new corporate structure as a subsidiary. Suitable management recruits are being sought for these pursuits by Discovery at this time. Shareholders will be kept advised of these arrangements in the normal way. The Company currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery has engaged a local attorney in Ulaan Bataar following a site & Country visit and is carrying out their Due Diligence investigation. Discoveryâ??s Project Manager has recently travelled to Kyrgyzstan to evaluate the possibility of entering into a joint venture with a well established local mineral exploration group into a high grade gold mine that has been delineated by diamond and reverse circulation drilling. Further drilling is planned to increase reserves.
$DSCR after market REAL MARKET
Bid/ask size
22.9M x 81.7M
Russ has 100% follow through in play now. Good team behind him and he is closing deals.. All I am going to say is #DSCREPIC
Luvu Brands $16.4 Million Sales
Luvu Brands, Inc. (LUVU) is a vertically integrated US-based manufacturer headquartered in a 140,000 square foot plant, located in a suburb of Atlanta, Georgia with over 160 employees. For More Information: Luvu Brands, Inc. – LUVU OTCQB – The Street Now
I have heard a whisper of a mineing report being released on DSCR projects shortly.. 43-101.. anyone understand on here what that reports tells you.. I know companies do not pull mining reports because they are scams... lol.. LOOK at ALL the forward movement of the company...the market will take care of its self.. the ask loading up make paper cheaper for the whales... Epic this will be just EPIC.
Bid/ask size
216.5M x 394.2M
come on boyzz and girlzzzz pul a few orders and lets lighten up the ask... if we have bashers lol.. we have flippers...
Let the stock get some traction... nothing wrong with flipping shares... just help the company... None can argue CEO is NOT coming through.. I am expecting some LARGE press shortly.. just call the number on bottom of PRs and get company data... no more secrets in DSCR.. just have to do some work
Look at 5th line. *81.7 mm on ask pre market.. so we have Flippers on ask posting wanting to know where the vol is.. SOS. This time around it is not the COMPANY... I know for a FACT $DSCR is being reorged 100% into a REAL profit making gold mining company. I challenge anyone on here that has shares on ask to pull their order and see what happens.. imho the float that is tradable is way less that the 400mm float+-. I ams seeing the symbol in a LOT of Skype trading rooms as well as other places on the net. .. imho expecting solid forward moving press shortly.. 4th Q is right around conner.. just saying.... #DSCR
Ask
.0001
0.0002
Bid/ask size
22M x 81.7M
High
0.00
Low
0.00
Volume
0
Previous close
0.0002
Today's open
0.00
Volume trend
Light
52-week range
Low High
0.00010.0005
Here is the $DSCR story unfolding... The CEO is hitting the mark on being consistent . 4thQ is going to be wild imho..a GOOD WILD!
OTC DISCLOSURE & NEWS SERVICE
All Quarterlies & Financial Information Now Current and ClearedPress Release | 08/27/2018
Discovery Minerals Ltd. New Gold Production ProspectPress Release | 07/31/2018
Discovery Minerals signs agreement for Mongolia Gold ProjectPress Release | 05/31/2018
https://www.otcmarkets.com/stock/DSCR/news/All-Quarterlies--Financial-Information-Now-Current-and-Cleared?id=201994
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-LtdNew-Gold-Production-Prospect?id=199522
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-signs-agreement-for-Mongolia-Gold-Project?id=194240
imho.. we should be looking for a follow through on this previous PR. Russ seems to have very good follow through these days.
Discovery Minerals Ltd. New Gold Production Prospect
GlobeNewswire•July 31, 2018
Los Angeles, CA, July 31, 2018 (GLOBE NEWSWIRE) -- Discovery Minerals Ltd. (DSCR - OTC): All Company filings now current.
The Board of Directors is pleased to announce that the Company is now current with all compliance filings including Financials and the requisite Letter of Opinion by a Qualified Attorney.
June 30th 2018 Quarterly Report is in preparation and will be posted by the due date. Some positive factors for the Company will be enclosed.
As announced on May 22nd of this year, Discovery Minerals Ltd. currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery has engaged a local attorney in Ulaan Bataar following a mine site visit by the Company Projects Manager. This attorney is well acquainted with the mining industry in Mongolia and is assisting Discovery with their Due Diligence investigation.
Discovery’s Project Manager has also recently travelled to Kyrgyzstan to evaluate the possibility of entering into a joint venture with a well established local mineral exploration group who own a high grade gold mine that has been delineated by diamond and reverse circulation drilling. Further drilling is planned to increase reserves. Discovery would be the Operator of the Project mining, milling & extraction program.
About Discovery Minerals Ltd.:
Discovery Minerals Ltd. (OTC PINK : DSCR) is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Authorized by Russell Smith, CEO.
Contact:
Contact :
Discovery Minerals Ltd.
info@discoveryminerals.com
3108552642
$DSCR PRESS OUT All Quarterlies & Financial Information Now Current and Cleared
GlobeNewswire•August 27, 2018
Discovery Minerals Ltd (OTC: DSCR) Company Listing Now Shows All Information Current
LOS ANGELES, CA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -Discovery Minerals Ltd (OTC: DSCR) - The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.
As announced recently Discovery Minerals Ltd currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery’s Mining Projects Manager, Girvan Jackson, has just arrived in Ulaan Bataar to continue the Company’s Due Diligence investigation of this Project. Some information regarding requests by the local population in the mine vicinity have been delivered to Discovery’s local attorney in Ulaan Bataar and will be addressed by Mr. Jackson while there, as a matter of priority. Mr. Jackson stated that these matters are best known early so as to be factored into the mining development Plan. Local construction groups have offered to build mine accommodation for all personnel using local materials and a conveniently located bridge which will save many thousands of miles of travel over the course of the mine life.
While in Mongolia the Manager plans to visit other gold mine orebodies that have become available through their Mining Industry network.
Discovery also plans to examine some opportunities that have become available as joint ventures in the Diamond production areas of the world. These would be carried out as separate operations through a subsidiary company called : Discovery Diamonds.
About Discovery Minerals Ltd:
Discovery Minerals Ltd (OTC PINK : DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Contact :
info@discoveryminerals.com
310-855-2642
$DSCR NEWS OUT.. more to follow..
Discovery Minerals Ltd (OTC: DSCR) Company Listing Now Shows All Information Current
LOS ANGELES, CA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -Discovery Minerals Ltd (OTC: DSCR) - The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.
As announced recently Discovery Minerals Ltd currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery’s Mining Projects Manager, Girvan Jackson, has just arrived in Ulaan Bataar to continue the Company’s Due Diligence investigation of this Project. Some information regarding requests by the local population in the mine vicinity have been delivered to Discovery’s local attorney in Ulaan Bataar and will be addressed by Mr. Jackson while there, as a matter of priority. Mr. Jackson stated that these matters are best known early so as to be factored into the mining development Plan. Local construction groups have offered to build mine accommodation for all personnel using local materials and a conveniently located bridge which will save many thousands of miles of travel over the course of the mine life.
While in Mongolia the Manager plans to visit other gold mine orebodies that have become available through their Mining Industry network.
Discovery also plans to examine some opportunities that have become available as joint ventures in the Diamond production areas of the world. These would be carried out as separate operations through a subsidiary company called : Discovery Diamonds.
About Discovery Minerals Ltd:
Discovery Minerals Ltd (OTC PINK : DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Contact :
info@discoveryminerals.com
310-855-2642
$DSCR NEWS ALERT PRESS OUT .
Discovery Minerals Ltd (OTC: DSCR) Company Listing Now Shows All Information Current
LOS ANGELES, CA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -Discovery Minerals Ltd (OTC: DSCR) - The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.
As announced recently Discovery Minerals Ltd currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery’s Mining Projects Manager, Girvan Jackson, has just arrived in Ulaan Bataar to continue the Company’s Due Diligence investigation of this Project. Some information regarding requests by the local population in the mine vicinity have been delivered to Discovery’s local attorney in Ulaan Bataar and will be addressed by Mr. Jackson while there, as a matter of priority. Mr. Jackson stated that these matters are best known early so as to be factored into the mining development Plan. Local construction groups have offered to build mine accommodation for all personnel using local materials and a conveniently located bridge which will save many thousands of miles of travel over the course of the mine life.
While in Mongolia the Manager plans to visit other gold mine orebodies that have become available through their Mining Industry network.
Discovery also plans to examine some opportunities that have become available as joint ventures in the Diamond production areas of the world. These would be carried out as separate operations through a subsidiary company called : Discovery Diamonds.
About Discovery Minerals Ltd:
Discovery Minerals Ltd (OTC PINK : DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Contact :
info@discoveryminerals.com
310-855-2642
$DSCR PRESS OUT
Discovery Minerals Ltd (OTC: DSCR) Company Listing Now Shows All Information Current
LOS ANGELES, CA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -Discovery Minerals Ltd (OTC: DSCR) - The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.
As announced recently Discovery Minerals Ltd currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery’s Mining Projects Manager, Girvan Jackson, has just arrived in Ulaan Bataar to continue the Company’s Due Diligence investigation of this Project. Some information regarding requests by the local population in the mine vicinity have been delivered to Discovery’s local attorney in Ulaan Bataar and will be addressed by Mr. Jackson while there, as a matter of priority. Mr. Jackson stated that these matters are best known early so as to be factored into the mining development Plan. Local construction groups have offered to build mine accommodation for all personnel using local materials and a conveniently located bridge which will save many thousands of miles of travel over the course of the mine life.
While in Mongolia the Manager plans to visit other gold mine orebodies that have become available through their Mining Industry network.
Discovery also plans to examine some opportunities that have become available as joint ventures in the Diamond production areas of the world. These would be carried out as separate operations through a subsidiary company called : Discovery Diamonds.
About Discovery Minerals Ltd:
Discovery Minerals Ltd (OTC PINK : DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.
Contact:
Contact :
info@discoveryminerals.com
310-855-2642
MoneyTV with Donald Baillargeon, 8/24
BIEI Makes Major Announcements- MoneyTV with Donald Baillargeon
https://vimeo.com/286450462
$DSCR .0001x.0002 ...the list of milestones for DSCR are growing. Notice date on Bullet sheet.. look at todays present milestones meet.
July 9 th, 2018.
Highlights of Company Mining Activity :
DSCR has signed an Option agreement with Meritus Minerals on the extensive Gutain Daava gold property.
This allows the DSCR Mining Engineer to make a site inspection and become familiar with local conditions and personnel for the Mine preparation process.
Our Engineer has completed this inspection and given instructions to a qualified Firm in Kalgoorlie, West Australia to carry out a Jorc Compliance Report ( similar to the TSX report called a 43-101 ) on the reserves as are indicated by 3 separate drilling programs and surface geological mapping and sampling results. The firm commissioned to carry out this Report has had considerable Mongolian mining theatre experience and keeps their connections in the mining technical field current by regular contact and associated work.
Considerable metallurgical work has been carried out on the recovered diamond drilling core which indicates a 92% recovery of gold & silver, but further work to be carried out by DSCR may improve on that extraction recovery rate.
The Project has already been granted a 30 year mining Permit on the approximate 3,500 acres of the Permitted area. This is advantageous because of the application time saved in securing a permit for the existing operation, but also because there are two other known zones of mineralisation on this acreage that are likely to be ore zones.
As stated in the May 22nd Release, a Qualified Geologist authorized publishing an excerpt from his internal Report on the estimated gold reserves of the Gutain Daava area to be 500,000 ounces minimum. Say : US$775 million in value at today’s gold price.
After the Jorc Compliance report is complete DSCR will commission a Mine Feasibility Report. We have already given instructions to a Qualified mining Economist to write the Report.
The Project Manager has already canvassed machinery & equipment providers for prices and availability of a turnkey treatment plant for the estimated 300 to 500 tons per day that will be produced from the mine. These quotes include an assay laboratory that will allow sampling and testing of surrounding prospective areas while taking care of grade control by frequent assays of production ore.
A further gold mining property on a production JV basis has been offered to DSCR in a location not far removed from Mongolia.
The Company Mining engineer will travel to this site before the end of July for a Due Diligence inspection and detailed discussions with technical personnel regarding the fastest start up program for this operation.
This particular orebody has been shown by drilling & sampling to able to be mined by open pit from the surface and has an estimated strip ratio of only 2.5 to one.
The grade has been assessed at +/- 20 grams per ton and with further drilling will be a minimum of 70,000 ozs of gold to mine in this operation. The mining & treatment phase of this operation will be approximately 2 years from startup.
Highlights of Company Mining Activity :
DSCR has signed an Option agreement with Meritus Minerals on the extensive Gutain Daava gold property.
This allows the DSCR Mining Engineer to make a site inspection and become familiar with local conditions and personnel for the Mine preparation process.
Our Engineer has completed this inspection and given instructions to a qualified Firm in Kalgoorlie, West Australia to carry out a Jorc Compliance Report ( similar to the TSX report called a 43-101 ) on the reserves as are indicated by 3 separate drilling programs and surface geological mapping and sampling results. The firm commissioned to carry out this Report has had considerable Mongolian mining theatre experience and keeps their connections in the mining technical field current by regular contact and associated work.
Considerable metallurgical work has been carried out on the recovered diamond drilling core which indicates a 92% recovery of gold & silver, but further work to be carried out by DSCR may improve on that extraction recovery rate.
The Project has already been granted a 30 year mining Permit on the approximate 3,500 acres of the Permitted area. This is advantageous because of the application time saved in securing a permit for the existing operation, but also because there are two other known zones of mineralisation on this acreage that are likely to be ore zones. As stated in the May 22nd Release, a Qualified Geologist authorized publishing an excerpt from his internal Report on the estimated gold reserves of the Gutain Daava area to be 500,000 ounces minimum. Say : US$775 million in value at today’s gold price.
After the Jorc Compliance report is complete DSCR will commission a Mine Feasibility Report. We have already given instructions to a Qualified mining Economist to write the Report.
The Project Manager has already canvassed machinery & equipment providers for prices and availability of a turnkey treatment plant for the estimated 300 to 500 tons per day that will be produced from the mine. These quotes include an assay laboratory that will allow sampling and testing of surrounding prospective areas while taking care of grade control by frequent assays of production ore.
A further gold mining property on a production JV basis has been offered to DSCR in a location not far removed from Mongolia.
The Company Mining engineer will travel to this site before the end of July for a Due Diligence inspection and detailed discussions with technical personnel regarding the fastest start up program for this operation.
This particular orebody has been shown by drilling & sampling to able to be mined by open pit from the surface and has an estimated strip ratio of only 2.5 to one.
The grade has been assessed at +/- 20 grams per ton and with further drilling will be a minimum of 70,000 ozs of gold to mine in this operation. The mining & treatment phase of this operation will be approximately 2 years from startup.
imho .. That is NOTHING in the BIG SCHEAM of things... Stocks with floats much larger and basically crap take off. #DSCR has all the elements to be successful now.
$DSCR #DSCR FULL REPORTING.. first time ever on DSCR. Lots going on.
$DSCR #DSCR inho,, the float is not the issue. This stock has been slowly being absorbed. There are NO INSIDERS dumping shares, and if I remember correctly... well lets jsut say the FLAO T is not as BIG as people are thinking.. DSCR has strong hands in place to lift the stock. IMHO NO R?S anytime soon. DSCR gold mines and other up coming announcements can support a LARGE MARKET CAP due to the resource ( S) in the ground(s)... this will be EPIC EPIC rise. DSCR is a GLOBA company.. hence GOBLA support in the market will occur.
#DSCR #MINING #OTC #MININGSTOCKS
$DSCR FULLY REPORTING as of THIS AM. READ PAST PRESS.
$DSCR FULL PINK, DSCR has now meet new milestones . I personally do not remember DSCR being FULL CURRENT ever..lol. GREAT JOB RUSS. KEEP ON GOING.
https://www.otcmarkets.com/stock/DSCR/overview
$DSCR ALERT. Yield sign coming off. imho a long press cycle is about to start.
$DSCR YEILD sign should be gone today imho. The Ceo has re organized Discovery, Brought the company up to FULL REPORTING. Has released Press on Mining deals.. Company has Liquid cash in the Bank.. Several milestones for Discovery have occurred. Looks like Russ has focused, gotten rid of the deadwood in his deal and has turned around things into a FORWARD MOVING DIRECTION.
$DSCR. imho once Yield sign is lifted and $DSCR is FULL REPORTING.. a milestone for $DSCR.. I would think the CEO would start releasing press and get things rolling. I have re read the last Press and I am looking forward to upcoming News.
Long wait on Yield sign... lets see what the am brings. imho everything has been done to go FULL REPORTING. Looking forward for this to take off and become a real mining company.
Discovery Minerals signs agreement for Mongolia Gold ProjectPress Release | 05/31/2018
Discovery Announces a New Board Director Who Will Manage the Mongolia Gold Project
LOS ANGELES, CA. , May 22, 2018 (GLOBE NEWSWIRE) -- Discovery Minerals Ltd.(OTC:DSCR ) signs agreement for Mongolia Gold Project.
The Board of Directors is pleased to announce that after several months of negotiations an agreement has now been executed with Canadian company Meritus Minerals Limited.
Discovery will now embark on an intense program to bring the project into production as soon as possible. This will include refreshing the existing Geological, Metallurgical and Feasibility Reports and integrating them into a single comprehensive document leading into a full-scale Feasibility Study and Mining Plan.
The Project has already been granted a 30 year Mining Permit which will shorten the lead up time to go into bullion production.
https://www.otcmarkets.com/stock/DSCR/news/Discovery-Minerals-signs-agreement-for-Mongolia-Gold-Project?id=194240
Itronics Increases Silver Content of Its Bullion by 50 Percent
RENO, Nevada, July 10, 2018 — Itronics Inc. a diversified Urban Miner recapturing Gold, Silver and other Critical Metals through the recycling efforts of computers and similar devises recently announced today that the silver content of its last bullion shipment is 50 percent greater than the prior bullion shipment. Itronics had previously announced that its technology recovers all of the copper, tin, silver, gold, and palladium The bullion content of these metals (except for silver) is remaining constant. The increase in silver is from higher silver content of the concentrates produced by the hydromet technology that is in pilot scale development. Read Entire Release
Itronics is on the cutting edge of GREEN TECHNOLOGY . Company which produces GOLD’n GRO specialty liquid fertilizers, silver bullion, and silver-bearing glass. The Company’s goal is to achieve profitable green technology driven organic growth in specialty GOLD’n GRO fertilizers, silver, zinc, and minerals. The Company’s technologies maximize the recovery and uses of metals and minerals and by doing this maximize sustainability. Company Website.
US Dollars
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SHARC Cleans Wastewater and Converts it To Energy
VANCOUVER, British Columbia SHARC Energy Systems, Inc (CSE: SHRC | OTCQB: INTWF | FSE:IWIA) - is a renewable energy company that recovers heat from wastewater to provide water heating and space conditioning. B-TV See Entire Video shares how this company is reducing carbon by recovering heat from wastewater. Recently, SHARC has won three top prestigious awards as a company that successfully improves freshwater in Canada. For More Information: http://www.thestreetnow.com/spotlight/shrc/
$DSCR #DSCR Highlights of Company Mining Activity :
DSCR has signed an Option agreement with Meritus Minerals on the extensive Gutain Daava gold property.
This allows the DSCR Mining Engineer to make a site inspection and become familiar with local conditions and personnel for the Mine preparation process.
Our Engineer has completed this inspection and given instructions to a qualified Firm in Kalgoorlie, West Australia to carry out a Jorc Compliance Report ( similar to the TSX report called a 43-101 ) on the reserves as are indicated by 3 separate drilling programs and surface geological mapping and sampling results. The firm commissioned to carry out this Report has had considerable Mongolian mining theatre experience and keeps their connections in the mining technical field current by regular contact and associated work.
Considerable metallurgical work has been carried out on the recovered diamond drilling core which indicates a 92% recovery of gold & silver, but further work to be carried out by DSCR may improve on that extraction recovery rate.
The Project has already been granted a 30 year mining Permit on the approximate 3,500 acres of the Permitted area. This is advantageous because of the application time saved in securing a permit for the existing operation, but also because there are two other known zones of mineralisation on this acreage that are likely to be ore zones. As stated in the May 22nd Release, a Qualified Geologist authorized publishing an excerpt from his internal Report on the estimated gold reserves of the Gutain Daava area to be 500,000 ounces minimum. Say : US$775 million in value at today’s gold price.
After the Jorc Compliance report is complete DSCR will commission a Mine Feasibility Report. We have already given instructions to a Qualified mining Economist to write the Report.
The Project Manager has already canvassed machinery & equipment providers for prices and availability of a turnkey treatment plant for the estimated 300 to 500 tons per day that will be produced from the mine. These quotes include an assay laboratory that will allow sampling and testing of surrounding prospective areas while taking care of grade control by frequent assays of production ore.
A further gold mining property on a production JV basis has been offered to DSCR in a location not far removed from Mongolia.
The Company Mining engineer will travel to this site before the end of July for a Due Diligence inspection and detailed discussions with technical personnel regarding the fastest start up program for this operation.
This particular orebody has been shown by drilling & sampling to able to be mined by open pit from the surface and has an estimated strip ratio of only 2.5 to one.
The grade has been assessed at +/- 20 grams per ton and with further drilling will be a minimum of 70,000 ozs of gold to mine in this operation. The mining & treatment phase of this operation will be approximately 2 years from startup.
$KGET I hear a alert went out on $KGET.. gong to follow it a few days ..
In Reference to a R/S on DSCR..imho there is no need for one as for the size of the mines and GOLD in ground can support a LARGE MARKET CAP.
https://www.otcmarkets.com/stock/DSCR/disclosure
#DSCR
http://discoveryminerals.com
https://twitter.com/discoverydscr
Email : ir@discoveryminerals.com
https://www.facebook.com/Discovery-Minerals-212961886054945
$DSCR
One can tell by the forward movement of the companies actions , that #DSCR has finally pulled its act togeather .. looking for ward to the upcoming week. I suggest people contact the company via email for updates or call the company ..Russ Smith is doing everything possible to move #DSCR to QB full reporting .. looks like gold in them hills... ??
DSCR has come so far in last year. I called the company and yeild sign should be off by Monday AM.
Discovery Minerals Ltd.,is an acquisition and development company that targets natural resource properties through its subsidiaries. The Board of Directors has determined that these activities be clearly defined and separated within the company. All previous operations and activities such as precious metals/mining and industrial hemp growing & processing and clean alternative energy technology will be preserved and held in a new corporate structure as a subsidiary. Suitable management recruits are being sought for these pursuits by Discovery at this time. Shareholders will be kept advised of these arrangements in the normal way. The Company currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery has engaged a local attorney in Ulaan Bataar following a site & Country visit and is carrying out their Due Diligence investigation. Discoveryâ??s Project Manager has recently travelled to Kyrgyzstan to evaluate the possibility of entering into a joint venture with a well established local mineral exploration group into a high grade gold mine that has been delineated by diamond and reverse circulation drilling. Further drilling is planned to increase reserves.