Discovery Produces 66,718 Ounces of Gold in Fourth Quarter 2025

Core Viewpoint - Discovery Silver Corp. has transitioned into a growing Canadian gold producer following the acquisition of Newmont's Porcupine operations, achieving significant gold production in 2025 and positioning itself for continued growth in 2026 [3][5]. Production and Financial Performance - In Q4 2025, the Porcupine operations produced 66,718 ounces of gold, contributing to a total of 234,702 ounces for the full year 2025 [1][4]. - The average realized gold price for the quarter was $4,157 per ounce sold [7]. - The company ended 2025 with approximately $410 million in cash and no debt, alongside a $250 million revolving credit facility (RCF) that remains undrawn [5][7]. Operational Highlights - The production in Q4 2025 increased by 6% from the previous quarter, driven by improved grades at Hoyle Pond and higher tonnes processed from Pamour [4]. - The company has 19 drills operating and anticipates releasing additional exploration results in the coming weeks [4]. Strategic Developments - The acquisition of the Porcupine Complex on April 15, 2025, has transformed Discovery into a significant player in the gold sector, with multiple operations in a renowned gold camp [3][6]. - The company has established a Resource Development Agreement with Taykwa Tagamou Nation to foster a cooperative relationship and support its operations [7].