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Discovery Corp Enterprises Inc V.DCY

Discovery-Corp Enterprises Inc. is a Canada-based exploration stage company engaged in exploration for base and precious metals. The Company is focused on exploration of gold and copper properties. The Company holds an undivided 50% interest in the mineral rights associated with Rock Creek Ranch located in Humboldt County, Nevada, United States. Its Galaxy property is located in the Kamloops Mining Division in southern British Columbia, Canada. The property is comprised of two Crown granted mineral claims and seven two-post legacy mineral claims that cover an area of approximately 90 hectares. The legacy claims are 100% owned by the Company. The property is located approximately seven kilometers southeast of the past-producing Afton mine and four kilometers northwest of the former Ajax mine. The Rock Creek Ranch property lies on a southwestward projection of the Getchell trend, which hosts the Pinson, Turquoise Ridge, and Twin Creeks gold mines in the Osgood Mountains.


TSXV:DCY - Post by User

Post by TELEMARKERon May 31, 2019 9:02pm
190 Views
Post# 29790505

NGD news

NGD news

Cherry Creek trend

Exploration of the regional mineral tenements as they extend outside the New Afton mine lease will be launched as early as the third quarter of 2019, once permits have been received. Reconnaissance surveys that were completed in 2017 and 2018 identified a 12-kilometre trend of anomalous copper-gold mineralization associated with epithermal- and porphyry-style alteration along the Cherry Creek fault trend, located within three kilometres of the New Afton mine site. Geochemical and geophysical grid surveys are planned to define and prioritize prospective targets to be further evaluated through a first pass drilling campaign scheduled to commence toward the end of the third quarter of 2019.

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