Discovery Minerals Ltd (OTC: DSCR) Company Listing Now Shows All Information Current
LOS ANGELES, CA, Aug. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -Discovery Minerals Ltd (OTC: DSCR) - The Board of Directors are pleased to announce that the Company is now current with all compliance filings including Financials for June Quarterly 2018.
As announced recently Discovery Minerals Ltd currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery’s Mining Projects Manager, Girvan Jackson, has just arrived in Ulaan Bataar to continue the Company’s Due Diligence investigation of this Project. Some information regarding requests by the local population in the mine vicinity have been delivered to Discovery’s local attorney in Ulaan Bataar and will be addressed by Mr. Jackson while there, as a matter of priority. Mr. Jackson stated that these matters are best known early so as to be factored into the mining development Plan. Local construction groups have offered to build mine accommodation for all personnel using local materials and a conveniently located bridge which will save many thousands of miles of travel over the course of the mine life.
While in Mongolia the Manager plans to visit other gold mine orebodies that have become available through their Mining Industry network.
Discovery also plans to examine some opportunities that have become available as joint ventures in the Diamond production areas of the world. These would be carried out as separate operations through a subsidiary company called : Discovery Diamonds.
About Discovery Minerals Ltd:
Discovery Minerals Ltd (OTC PINK : DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities through its subsidiaries. The Board of Directors has determined that these activities be continued with an emphasis on early positive cashflow from any projects undertaken.
Safe Harbor:
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.