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GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
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Discovery Announces Receipt of Key Environmental and Land Use Permits for Cordero Project

Discovery advances Mexico’s largest undeveloped silver deposit after Cordero permits were cleared.

By The Northwire Desk — AI Analysis Oct 05, 2026 · 13:15 DSV · 12.52 Discovery Silver Corp.
Executive Summary

Discovery Silver Corp. (DSV) has received the Environmental Impact Assessment (MIA) and Change of Land Use permits from Mexico’s Federal Environmental Department (SEMARNAT) for its Cordero Project. The receipt of these permits completes the federal environmental permitting process for the project, positioning the company to advance Cordero toward development and construction.

Cordero is described as one of the world's largest undeveloped silver deposits, located in Chihuahua State, Mexico. Management emphasized the project's sustainability focus, critical metal production, and socio-economic benefits for the region.

Material Impact

Discovery Silver Corp. (DSV) has completed federal environmental permitting for its Cordero project, a milestone that de-risks the development timeline and removes a significant regulatory hurdle. This achievement positions the company to move toward a Final Investment Decision (FID) and initiate project financing discussions. While the news does not immediately impact near-term cash flows or production, it materially advances the path to construction and long-term value realization. The market has already telegraphed this progress, with the stock’s recent run to $13.33 and subsequent consolidation reflecting the pricing in of broader 2026 operational and permitting advancements.

DSV · Price
Company Overview

Discovery Silver Corp. (DSV) is a precious metals company with exposure to gold, silver, and critical minerals. Its flagship assets include the Porcupine Complex in Ontario, Canada, a gold producer comprising the Pamour, Hoyle Pond, Borden, Dome, TVZ, and Owl Creek operations. The company also holds the Cordero Project in Chihuahua, Mexico, a large-scale undeveloped silver deposit with a completed feasibility study. Additionally, Discovery Silver acquired the Kidd Operations in Timmins, Ontario, from Glencore in June 2026, adding base metals including copper, zinc, and silver, along with critical processing and tailings infrastructure.

Read the original news release →

More from Discovery Silver Corp.

Oct 09, 2026 · 09:00

Discovery secures Timmins land for its Dome expansion and extends a royalty agreement to Franco-Nevada.

M&A / Property Oct 07, 2026 · 17:44

Discovery’s Pamour step-outs extend the deposit scale, with headline grades driven by single-sample nuggets.

Drill Results Aug 13, 2026 · 06:00

Discovery reported record revenue alongside negative free cash flow, lower grades and rising all-in sustaining costs.

Earnings Aug 10, 2026 · 07:15

Discovery’s Borden step-out extends the Main Zone 500m down-plunge, confirming high-grade orogenic system grades underground.

Drill Results Aug 05, 2026 · 06:30

Discovery’s wide, high-grade infill at Dome and TVZ supports a resource upgrade path despite disclosure gaps tempering the impact.

Drill Results Jul 31, 2026 · 09:15

Discovery Silver secured a $400m credit facility to fund development at its Porcupine and Kidd growth projects.

Financings