– CANADA, Toronto – Discovery Silver Corp. (TSX: DSV | OTC: DSVSF) today announced the appointment of Tony Makuch to its Board of Directors.
About Tony Makuch
Tony Makuch has over 35 years of mining industry experience and was most recently President, CEO, and Director of Kirkland Lake Gold Ltd. During his five-year tenure, Mr. Makuch led the transformation of Kirkland Lake, increasing annual gold production from 315,000 oz to over 1,400,000 oz and increasing market capitalization from approximately C$1 billion to over C$10 billion. Over this period, Kirkland Lake’s share price increased by over 500%. These milestones were achieved on the back of two successful acquisitions, industry-leading operational performance, and significant exploration success and ultimately culminated in Kirkland Lake’s merger with Agnico Eagle Mines Limited in 2022.
Mr. Makuch is a Professional Engineer (P.Eng) and has obtained the Institute of Corporate Directors ICD.D designation from the University of Toronto Rotman School of Business.
About Discovery
Discovery’s flagship project is its 100%-owned Cordero project, one of the world’s largest silver deposits. The PEA completed in November 2021 demonstrates that Cordero has the potential to be developed into a highly capital-efficient mine that offers a combination of margin, size, and scalability. Cordero is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. Continued exploration and project development at Cordero is supported by a strong balance sheet with cash of approximately C$60 million.
For more information: https://discoverysilver.com/
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