RE:RE:RE:RE:RE:RE:RE:New Dirt Cheap low. Discovery Silver is further along in the permitting process for its Cordero silver project in Mexico compared to GoGold, due to several factors, including its comprehensive preparation in key regulatory and community areas. Discovery has already submitted a detailed Environmental Impact Assessment (EIA) for the Cordero project, which includes provisions for environmental stewardship, tailings management, and water use plans that minimize reliance on local groundwater sources. Furthermore, the company has demonstrated adherence to global best practices, earning certifications such as the Environmental Quality Certification from Mexico’s PROFEPA .
Additionally, Discovery’s focus on community engagement and its commitment to long-term local economic benefits, including substantial tax and royalty contributions to the Mexican government, strengthen its standing with regulatory bodies. This, along with the ongoing advancement of its feasibility study, scheduled for completion in early 2024, has positioned Discovery Silver as a front-runner in the permitting process .
In contrast, GoGold is at an earlier stage in its permitting for the Los Ricos project and has not yet progressed as far in submitting formal documentation like the EIA or equivalent community support plans .