Northwire Canada EditionFriday, July 17, 2026
Northwire
ZNX 0.080 +0.0% TSK 1.07 +1.9% SFR 0.370 +68.2% OMM 0.050 +0.0% EMO 0.340 −1.4% GGA 5.48 +3.4% MDM 0.060 +0.0% WGX 4.33 −2.3% FL 0.410 +0.0% SSRM 36.35 −0.0% CD 0.245 +6.5% GEN 0.065 −7.1% ALS 56.39 −1.9% LIFT 3.38 +7.3% NTR 94.10 −0.2% ICON 0.045 +0.0% ZNX 0.080 +0.0% TSK 1.07 +1.9% SFR 0.370 +68.2% OMM 0.050 +0.0% EMO 0.340 −1.4% GGA 5.48 +3.4% MDM 0.060 +0.0% WGX 4.33 −2.3% FL 0.410 +0.0% SSRM 36.35 −0.0% CD 0.245 +6.5% GEN 0.065 −7.1% ALS 56.39 −1.9% LIFT 3.38 +7.3% NTR 94.10 −0.2% ICON 0.045 +0.0%
Drill Results Material +

Discovery Reports Excellent Exploration Results from All Porcupine Targets

Discovery Proves Porcupine Upside Potential with High-Grade Hits as Transition to Producer Gains Momentum

Executive Summary

The most recent news release (February 10, 2026) provides comprehensive drilling results from the Porcupine Complex in Ontario, covering multiple targets including Hoyle Pond, TVZ, Owl Creek, Borden, Pamour, and Dome. Key highlights include: - High-grade intercepts at Hoyle Pond (Hole 27685: 59.18 g/t Au over 6.6m; Hole 27678A: 69.34 g/t Au over 4.2m) with visible gold. - Resource expansion at Borden (Hole 27882: 4.1 g/t Au over 30.1m) and strong intercepts at the TVZ Zone (OC25-018: 4.82 g/t Au over 35.7m). - Infill drilling at Pamour confirming grade continuity with broad widths (Hole PAM-0090: 1.26 g/t Au over 140m). - The completion of a 40,823-meter drill program (137 holes), with 19 drills currently active. - Updated resource figures for Pamour (Indicated: 64.8 Mt @ 1.3 g/t Au) and Dome (Inferred: 222.3 Mt @ 1.49 g/t Au).

Material Impact

This news is Material - Positive as it directly supports the "exploration upside" thesis that management used to justify the transformational acquisition of the Porcupine Complex from Newmont in April 2025. - Resource Growth: The high-grade results at Hoyle Pond suggest the "S Zone" extends to depth and laterally, essential for replacing reserves at a mature mine. - Project De-risking: The TVZ and Owl Creek results suggest these targets could provide new, near-mill feed to utilize excess capacity at the Dome Mill. - Confidence in Targets: Broad intercepts at Pamour confirm the viability of the open-pit ramp-up, which is the company's primary growth driver. - Operational Continuity: These results follow a strong Q4 2025 production report (66,718 oz Au), showing that exploration is keeping pace with production.

DSV · Price
Company Overview

Discovery Silver Corp. has pivoted from a pure-play silver developer to a diversified precious metals producer. - Flagship (Gold): The Porcupine Complex (100% owned) in Timmins, Ontario. It includes the Hoyle Pond and Borden underground mines, the Pamour open-pit (ramping up), and the 3.9 Mtpa Dome Mill. - Flagship (Silver): The Cordero Project in Mexico, one of the world's largest undeveloped silver deposits with a 19-year mine life and an NPV of $1.2B at $22/oz silver. - Strategy: Use cash flow from Canadian gold production to fund the development of the Mexican silver asset.

Read the original news release →

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