Discovery Silver Reports Strong Exploration Results Across Porcupine Operations
Discovery Silver's Porcupine Exploration Yields Excellent Results

Discovery Silver Announces Excellent Exploration Results from All Porcupine Targets

Discovery Silver Corp. has released highly encouraging exploration results from its extensive Porcupine Operations in Ontario. The company reported assay data from a comprehensive drilling program conducted between October 2025 and January 2026, encompassing 137 holes totaling 40,823 metres across multiple targets.

Hoyle Pond Mine Delivers High-Grade Intersections

The Hoyle Pond 1S Zone continues to demonstrate exceptional potential with multiple high-grade intersections. Notable results include:

  • 59.18 grams per tonne (gpt) over 6.2 metres, including an impressive 488.00 gpt over 0.70 metres
  • 31.33 gpt over 1.6 metres
  • 28.73 gpt over 5.1 metres
  • 69.34 gpt over 4.1 metres

These results confirm the potential to extend the zone both to depth and laterally to the east and west of existing mineralization.

Borden Mine Shows Significant Mineralization Extensions

At the Borden Main Zone, drilling has successfully extended mineralization to the east and northeast. Key assay results include:

  • 16.97 gpt over 14.7 metres, including 21.76 gpt over 10.8 metres
  • 6.64 gpt over 12.0 metres
  • 8.24 gpt over 15.2 metres, including 17.41 gpt over 4.4 metres
  • 20.17 gpt over 7.8 metres, including a remarkable 104.79 gpt over 1.3 metres
  • 11.74 gpt over 7.2 metres, including 18.26 gpt over 4.2 metres

Pamour Mine Returns Consistent Results Across Multiple Pits

The Pamour Mine continues to deliver excellent results within and along strike of current resources across all three phases of pit design. Significant findings include:

West Pit Results:

  • 1.26 gpt over 140.0 metres
  • 0.74 gpt over 32.5 metres
  • 1.13 gpt over 16.5 metres
  • 1.89 gpt over 26.7 metres

Central Pit Results:

  • 2.53 gpt over 30.8 metres
  • 1.71 gpt over 33.6 metres
  • 2.09 gpt over 8.0 metres
  • 5.20 gpt over 12.5 metres
  • 2.04 gpt over 64.5 metres

East Pit Results:

  • 1.29 gpt over 44.8 metres
  • 1.21 gpt over 9.5 metres
  • 1.50 gpt over 26.9 metres
  • 1.23 gpt over 22.2 metres
  • 2.37 gpt over 8.4 metres

Additional Targets Show Promising Mineralization

The exploration program also yielded positive results from several other targets within the Porcupine Operations:

TVZ Target: Infill drilling north of the main target zone returned encouraging results of 4.10 gpt over 30.1 metres, including 6.65 gpt over 4.3 metres, 7.32 gpt over 6.0 metres, 5.37 gpt over 1.6 metres, and 3.9 gpt over 7.5 metres.

Owl Creek: New drilling approximately 3 kilometres west of Hoyle Pond confirmed and expanded mineralization between surface and the 650-metre level with results including 4.82 gpt over 35.7 metres, 35.39 gpt over 2.1 metres, and 4.51 gpt over 5.0 metres.

Broulan Pit: Drilling at this new target, located approximately 1.5 kilometres southwest of Pamour, returned positive results of 2.06 gpt over 29.6 metres, 4.15 gpt over 25.0 metres, and 0.83 gpt over 8.0 metres.

Dome Project: Multiple zones of mineralization were identified both within and outside current resources, with results including 2.50 gpt over 12.4 metres, 3.97 gpt over 6.0 metres, 13.64 gpt over 6.5 metres, and 4.86 gpt over 18.5 metres including 7.31 gpt over 12.0 metres.

Technical Details and Reporting Standards

All assay results are reported uncut, with intervals reported using both true widths and core lengths. The comprehensive drilling program demonstrates Discovery Silver's commitment to systematic exploration across its Porcupine Operations portfolio.

The company's exploration success across multiple targets highlights the continued potential of the Porcupine mining district and reinforces Discovery Silver's position as a significant player in Canadian gold exploration and development.