{"success":true,"data":{"pressRelease":{"id":"160913","rtpr_id":"nGNXwJppn-20261005","ticker":"DSV","exchange":"TSX","all_tickers":["DSV"],"title":"Discovery Announces Receipt of Key Environmental and Land Use Permits for Cordero Project","author":"Globe Newswire","published_at":"2026-10-05T17:15:00.099Z","article_body":"TORONTO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV,\nOTCQX: DSVSF) (“Discovery” or the “Company”) today confirmed that the\nCompany has received the Cordero Project’s (“Cordero” or the\n“Project”) environmental impact assessment (“Manifesto de Impacto\nAmbiental” or “MIA”) permit and the Change of Land Use permit (“Change\nof Land Use”) from Mexico’s Federal Environmental Department\n(“SEMARNAT”). Receipt of the MIA and Change of Land Use permits completes\nthe federal environmental permitting process and positions the Company to\nadvance Cordero towards development.\n\nTony Makuch, Discovery’s President, CEO and Chairman, commented: “We want\nto thank the Mexican regulators and authorities for their trust in us as we\nadvance Cordero forward as a model of sustainability for all stakeholders.\nCordero is a large-scale silver project that will produce the right mix of\ncritical metals the world needs, with minimal negative environmental impact,\nwhile improving the use of water resources in the region, and generating\nsubstantial socio-economic benefits for Mexico. The project will create\nthousands of jobs, provide considerable training and multi-generational skills\ndevelopment, and will deliver significant economic contributions to the region\nand the country.”\n\nABOUT DISCOVERY\n\nDiscovery Mining Ltd. is a growing precious metals company that is creating\nvalue for stakeholders through exposure to gold, silver and other critical\nminerals. Discovery’s silver exposure comes mainly from the 100%-owned\nCordero project, one of the world’s largest undeveloped silver deposits,\nwhich is located close to infrastructure in a prolific mining belt in\nChihuahua State, Mexico. In Canada, the Company is advancing plans to more\nthan double annual gold production through investment in its Porcupine assets,\nwhich include multiple operations, attractive growth projects and significant\nexploration upside in one of the world’s most renowned gold camps in and\nnear Timmins, Ontario. The acquisition of the Kidd Operations in June 2026\nfurther increased Discovery’s land position within the camp, provided\nvaluable infrastructure that will support the Company’s growing gold\nbusiness, and added critical minerals to the Company’s current production\nprofile.\n\nOn Behalf of the Board of Directors,\n\nTony Makuch, P. Eng\nPresident, CEO & Chairman\n\nFor further information contact:         \nMark Utting, CFA\nEVP, Investor Relations and Communications\nPhone: 416-806-6298\nEmail: mark.utting@dsvmining.com\nWebsite: www.dsvmining.com\n\nFORWARD-LOOKING STATEMENTS\n\nThis press release contains forward-looking statements relating to expected\nfuture events, including without limitation the advancement of the development\nof the Cordero Project and the Company’s growth plans, all of which involve\nrisks and uncertainties. Although the forward-looking statements contained in\nthis press release are based upon what management believes to be reasonable\nassumptions, investors cannot be assured that actual results will be\nconsistent with these forward-looking statements, and the differences may be\nmaterial. Actual results and growth plans may change, and may differ\nmaterially from management expectations as projected in such forward-looking\nstatements for a variety of reasons, including market and general economic\nconditions (including as a result of tariffs and other trade measures); price\nof gold, silver and other commodities; timing of receipt of permits,\navailability of water and power, availability of labour and other local\neconomics, and the other risks and uncertainties discussed in the materials\nfiled by the Company with the Canadian securities regulatory authorities and\navailable on SEDAR+ at www.sedarplus.ca.\n\nDiscovery disclaims any intention or obligation to update or revise any\nforward-looking statements, whether as a result of new information, future\nevents or otherwise, unless required by applicable law. \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6a44694b-2cae-4dea-b555-084425160cb6)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNXwJppn-20261005","title":"Discovery Announces Receipt of Key Environmental and Land Use Permits for Cordero Project","author":"Globe Newswire","ticker":"DSV","created":"2026-10-05T17:15:00.099Z","tickers":["DSV"],"exchange":"TSX","article_body":"TORONTO, Oct. 05, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV,\nOTCQX: DSVSF) (“Discovery” or the “Company”) today confirmed that the\nCompany has received the Cordero Project’s (“Cordero” or the\n“Project”) environmental impact assessment (“Manifesto de Impacto\nAmbiental” or “MIA”) permit and the Change of Land Use permit (“Change\nof Land Use”) from Mexico’s Federal Environmental Department\n(“SEMARNAT”). Receipt of the MIA and Change of Land Use permits completes\nthe federal environmental permitting process and positions the Company to\nadvance Cordero towards development.\n\nTony Makuch, Discovery’s President, CEO and Chairman, commented: “We want\nto thank the Mexican regulators and authorities for their trust in us as we\nadvance Cordero forward as a model of sustainability for all stakeholders.\nCordero is a large-scale silver project that will produce the right mix of\ncritical metals the world needs, with minimal negative environmental impact,\nwhile improving the use of water resources in the region, and generating\nsubstantial socio-economic benefits for Mexico. The project will create\nthousands of jobs, provide considerable training and multi-generational skills\ndevelopment, and will deliver significant economic contributions to the region\nand the country.”\n\nABOUT DISCOVERY\n\nDiscovery Mining Ltd. is a growing precious metals company that is creating\nvalue for stakeholders through exposure to gold, silver and other critical\nminerals. Discovery’s silver exposure comes mainly from the 100%-owned\nCordero project, one of the world’s largest undeveloped silver deposits,\nwhich is located close to infrastructure in a prolific mining belt in\nChihuahua State, Mexico. In Canada, the Company is advancing plans to more\nthan double annual gold production through investment in its Porcupine assets,\nwhich include multiple operations, attractive growth projects and significant\nexploration upside in one of the world’s most renowned gold camps in and\nnear Timmins, Ontario. The acquisition of the Kidd Operations in June 2026\nfurther increased Discovery’s land position within the camp, provided\nvaluable infrastructure that will support the Company’s growing gold\nbusiness, and added critical minerals to the Company’s current production\nprofile.\n\nOn Behalf of the Board of Directors,\n\nTony Makuch, P. Eng\nPresident, CEO & Chairman\n\nFor further information contact:         \nMark Utting, CFA\nEVP, Investor Relations and Communications\nPhone: 416-806-6298\nEmail: mark.utting@dsvmining.com\nWebsite: www.dsvmining.com\n\nFORWARD-LOOKING STATEMENTS\n\nThis press release contains forward-looking statements relating to expected\nfuture events, including without limitation the advancement of the development\nof the Cordero Project and the Company’s growth plans, all of which involve\nrisks and uncertainties. Although the forward-looking statements contained in\nthis press release are based upon what management believes to be reasonable\nassumptions, investors cannot be assured that actual results will be\nconsistent with these forward-looking statements, and the differences may be\nmaterial. Actual results and growth plans may change, and may differ\nmaterially from management expectations as projected in such forward-looking\nstatements for a variety of reasons, including market and general economic\nconditions (including as a result of tariffs and other trade measures); price\nof gold, silver and other commodities; timing of receipt of permits,\navailability of water and power, availability of labour and other local\neconomics, and the other risks and uncertainties discussed in the materials\nfiled by the Company with the Canadian securities regulatory authorities and\navailable on SEDAR+ at www.sedarplus.ca.\n\nDiscovery disclaims any intention or obligation to update or revise any\nforward-looking statements, whether as a result of new information, future\nevents or otherwise, unless required by applicable law. \n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/6a44694b-2cae-4dea-b555-084425160cb6)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-10-05T17:15:00.141952923Z","server_sent_at_ms":1791220500141},"received_at":"2026-10-05T17:15:00.193Z","source_url":null},"analysis":{"id":"149466","press_release_id":"160913","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":["State/municipal permitting and construction financing for Cordero still outstanding","Forward-looking statement cites water and power availability, labour, and trade/tariff risks"],"eventType":"regulatory","narrative":"Discovery Mining has received the Cordero project's environmental impact assessment (MIA) permit and Change of Land Use permit from Mexico's SEMARNAT.\n\nThis completes the federal environmental permitting process and positions the company to advance Cordero, one of the world's largest undeveloped silver deposits in Chihuahua State, toward development.\n\nCEO Tony Makuch framed Cordero as a large-scale silver project delivering critical metals with substantial socio-economic benefits for Mexico, alongside the company's gold growth plans at Porcupine and the June 2026 Kidd Operations acquisition.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"Federal environmental permitting done for Cordero -- a key de-risking milestone for one of the world's largest undeveloped silver deposits."},"keyFigures":{"customDimensions":{"permit_authority":"SEMARNAT (Mexico's Federal Environmental Department)","permits_received":["MIA (environmental impact assessment)","Change of Land Use"]}},"quotedText":"Receipt of the MIA and Change of Land Use permits completes the federal environmental permitting process and positions the Company to advance Cordero towards development.","namedEntities":{"people":[{"name":"Tony Makuch","role":"President, CEO & Chairman"},{"name":"Mark Utting","role":"EVP, Investor Relations and Communications"}],"products":["Cordero Project","Porcupine assets","Kidd Operations"],"companies":[{"name":"Discovery Mining Ltd.","ticker":"DSV","relationship":"filer"},{"name":"SEMARNAT","relationship":"regulator"}],"dollarAmounts":[]},"materialImpact":{"score":3,"reasoning":"Receipt of the MIA and Change of Land Use permits completes the federal environmental permitting process for Cordero, one of the world's largest undeveloped silver deposits, materially de-risking the path to development. However, this is a permitting milestone rather than a financing, production, or earnings event."},"tickerRelevance":{"others":[],"primary":"DSV"},"globalImportance":35,"audienceRelevance":25,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"major project permitting milestone","sectorWeight":"precious metals","assetSignificance":"one of world's largest undeveloped silver deposits"}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Discovery Mining has received the Cordero project's environmental impact assessment (MIA) permit and Change of Land Use permit from Mexico's SEMARNAT.\n\nThis completes the federal environmental permitting process and positions the company to advance Cordero, one of the world's largest undeveloped silver deposits in Chihuahua State, toward development.\n\nCEO Tony Makuch framed Cordero as a large-scale silver project delivering critical metals with substantial socio-economic benefits for Mexico, alongside the company's gold growth plans at Porcupine and the June 2026 Kidd Operations acquisition.","key_figures":{"customDimensions":{"permit_authority":"SEMARNAT (Mexico's Federal Environmental Department)","permits_received":["MIA (environmental impact assessment)","Change of Land Use"]}},"named_entities":{"people":[{"name":"Tony Makuch","role":"President, CEO & Chairman"},{"name":"Mark Utting","role":"EVP, Investor Relations and Communications"}],"products":["Cordero Project","Porcupine assets","Kidd Operations"],"companies":[{"name":"Discovery Mining Ltd.","ticker":"DSV","relationship":"filer"},{"name":"SEMARNAT","relationship":"regulator"}],"dollarAmounts":[]},"model_name":"glm-5.3-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-10-05T17:15:05.171Z","global_importance":35,"audience_relevance":25,"importance_components":{"tickerTier":"small-cap","eventGravity":"major project permitting milestone","sectorWeight":"precious metals","assetSignificance":"one of world's largest undeveloped silver deposits"}},"durationMs":4964,"modelName":"glm-5.3-flashx"}}