Discovery Silver Corp. announce results from 19 holes from its Phase 2 drill program on its Cordero silver project located in Chihuahua State, Mexico. The current set of results includes resource upgrade drilling for the Pre-Feasibility Study (PFS), planned for the fourth quarter of this year, and expansion drilling of the PEA open pit and the resource pit.

Highlight intercepts include: C21-560 intercepted a high-grade interval immediately below the current Preliminary Economic Assessment (“PEA”) pit that returned 18.1 m averaging 606 g/t AgEq1 from 230.0 m (234 g/t Ag, 0.15 g/t Au, 3.8% Pb and 6.5% Zn); C21-564 intercepted 33.9 m averaging 337 g/t AgEq1 from 622.1 m (95 g/t Ag, 0.21 g/t Au, 1.9% Pb and 4.5% Zn) approximately 70 m below the PEA pit; C21-544 intercepted 60.4 m averaging 122 g/t AgEq1 from 115.7 m (45 g/t Ag, 0.07 g/t Au, 0.9% Pb and 1.2% Zn) approximately 50 m below the PEA pit; C21-574 intercepted 13.4 m averaging 483 g/t AgEq1 from 3.3 m (272 g/t Ag, 0.16 g/t Au, 4.1% Pb and 1.9% Zn) in a step-out hole approximately 100 m to the northeast of the resource pit.