Discovery Minerals LTD (DSCR)

[HokieHead]

War Eagle Mountain - DSCR going to soar..

From PRs:

-1/16/19 The War Mountain project is a great example where its owners recognized our particular expertise. Our primary goal for 2019 is to build significant recurring revenue streams. We look forward to reporting advances in early January 2019 as we look to expand our operations and create long term shareholder value.

-8/27/18 The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.

From other DD:

-The adjacent Florida and DeLamar Mountains were formerly mined by Kinross Gold Corporation, producing approximately $1.8 billion in gold and silver production. The Chief Geologist for Kinross, while in service at the nearby DeLamar Mountain open pit Operation, observed several years ago, “My experiences at Florida & DeLamar Mountains dictate that any new exploration ventures should be focused on the War Eagle Mountain if a large scale project is the desired goal in this mining district.”

At full production utilization, and based on an average Gold price of $650 over the 15-20 year expected life of the mines, War Eagle Mountain is expected to produce approximately $215 Million per year in revenue. At $1,000 Gold, estimated production could yield $300 Million per year in revenue.

Gold is now at $1,300 which equates closer to $400 million a year in revenues.