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GlobeNewswire·

Discovery Confirms Presence of Large-Scale Deposit at Pamour

DSVSF
  • Discovery Mining Ltd. reported results from 47 exploration holes (11,003.4m) at the Pamour Mine as part of a 255,000–285,000m 2026 program.
  • Drilling confirmed and expanded mineral resources in all three phases of the current open-pit mine plan while intersecting high-grade zones at new targets.
  • The mineralized system has been identified over a 4.0 km strike length at depths between 300m to 700m, with the system remaining open.
  • Current open-pit resource totals 64.8 million tonnes at 1.30 gpt (2.70 million ounces) in the Indicated category and 23.3 million tonnes at 1.34 gpt (1.00 million ounces) in the Inferred category.
  • Central Pit results included 3.05 gpt over 30.0m, 2.08 gpt over 24.0m, 1.38 gpt over 23.5m, 3.09 gpt over 14.0m, 1.85 gpt over 13.0m, 8.04 gpt over 6.5m, 1.23 gpt over 18.9m, and 2.13 gpt over 31.1m.
  • West Pit results included 1.21 gpt over 9.2m, 2.46 gpt over 5.8m, 1.02 gpt over 9.2m, and 3.63 gpt over 9.9m.
  • Pamour West drilling confirmed a 4.0 km strike length with high-grade intersections including 11.54 gpt over 5.1m, 10.38 gpt over 6.8m, 7.39 gpt over 1.8m, 6.63 gpt over 1.9m, and 27.00 gpt over 1.0m.
  • North Contact Zone drilling confirmed and expanded mineralization north of the Phase 2 pit with results such as 6.84 gpt over 8.5m, 4.27 gpt over 12.8m, 1.74 gpt over 14.9m, and 1.46 gpt over 17.0m.
  • The Keora Trend, located 200m west of the Phase 2 pit, intersected 17.36 gpt over 5.9m at a vertical depth of approximately 350m.
  • The exploration program aims to convert and extend resources in preparation for a new mineral resource update later in 2026.
  • Three drills remain active, focusing on the Pamour open pit, the Pamour West target, and the North Contact Zone.
  • All assays are reported uncut, intervals use core lengths only, and true widths are not yet known.
  • Discovery plans to increase milling capacity following the acquisition of the Kidd Metallurgical Site to support higher production levels.