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Last C$0.11 CAD
Change Today +0.005 / 5.00%
Volume 651.0K
DVN On Other Exchanges
As of 3:59 PM 03/27/15 All times are local (Market data is delayed by at least 15 minutes).

discovery ventures inc (DVN) Snapshot

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09/4/14 - C$0.42
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discovery ventures inc (DVN) Details

Discovery Ventures Inc., a natural resource company, acquires and explores mining properties in Canada. It primarily explores for gold, copper, and silver deposits. The company’s principal property consists of the Rabbitt Mine Property that comprises 21 mineral tenures covering an area of 4,085 hectares and is located in Similkameen Mining Division to the west of Tulameen, British Columbia. Discovery Ventures Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.

discovery ventures inc (DVN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$29.9K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$40.7K
Compensation as of Fiscal Year 2013.

discovery ventures inc (DVN) Key Developments

Discovery Ventures Inc. Announces WillaMAX Project Update

Discovery Ventures Inc. announced WillaMAX Project update. Several project-related tasks have been successfully initiated and are ongoing to advance the project, including: the company has completed in May 2014, a Preliminary Economic Assessment (PEA) on the Willa Mine located on paved highway access approximately 8 Kilometers south of Silverton, BC. The PEA suggests an operating cost of gold of $680 per oz. at $1,200/Au. At a cut-off grade of 3.5 grams Au/tonne (3.5 g/t), the measured category of the current resource estimate is 495,784 t with an average grade of 7.18 g Au/t, 0.94% Cu and 12.16 g Ag/t. The Indicated category at the same cut-off grade is 262,415 t grading 5.71 g Au/t, 0.67% Cu, and 13.26 g Ag/t, for a total mineral resource of the Measured and Indicated categories of 758,199 t grading 6.67 g Au/t, 0.85% Cu, and 12.54 g Ag/t. The study incorporates the utilization of the Max Mill located at a trucking distance of 130 kms. Discovery presently owns a 35% interest in the Max Mine and Mill project. The company is continuing to update this document.

Discovery Ventures Inc. Receives of Mines Act Permit MX-5-786 from Ministry of Energy and Mines to Undertake Underground Sampling and Mapping Activities at its Willa Project

Discovery Ventures Inc. announced that it is in receipt of Mines Act Permit MX-5-786, approved by the Ministry of Energy and Mines, to undertake its planned underground sampling and mapping activities at the Willa Project, near Silverton, BC. The company will conduct an underground percussion drilling campaign to collect new samples from the Willa resource. The drilling will be used to composite a metallurgical sample that will be further processed such that a final tailings product can be geochemically characterized in the lab. The results of the tailings characterization studies will be presented in future studies and applications for the proposed WillaMAX project and will form an important part of future planning.

Discovery Ventures Inc. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014

Discovery Ventures Inc. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014 . Venue: Convene Times Square Conference Center, 810 Seventh Ave., New York, New York, United States.


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