Discovery Minerals LTD (DSCR)

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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