Discovery Silver Corp DSVSF

positive Words from Marc Utting

[Ironmask1]

Words from Marc Utting: Thanks for your email. Forbes passed it along to me. On Friday, when our share price rose significantly, there was a broker report published in the morning that President Sheinbaum in Mexico had dropped that idea of prohibiting mining concessions to be granted for future open-pit mines. While we cannot confirm that is correct; what we can say is that last week she published her 100 commitments that will drive her actions during her 6-year term as President and there was no mention of open-pit mining. The only mention of mining in the 100 commitments was the need to increase national production of copper and lithium as part of a larger energy transition strategy. This is significant because a year ago, she published a manifesto document called, “The 100 Steps for the Transformation”. In that document, step number 87 was prohibiting the granting of mining concessions for open-pit mining projects. By the way, Cordero has all the mining concessions it needs. The fact that the 100 Steps published last year included it, but the 100 commitments she published last week did not, has been picked up by some in the market as proof that she is not going to pursue the idea. Again, we can’t say that for sure, but clearly the fact that there was no mention of the open-pit prohibition in her 100 commitments last week is encouraging. We continue to await a ruling on our permit application (the environmental impact assessment) and remain confident that Cordero will get permitted and developed. Even if President Sheinbaum were still to purse her proposal from the manifesto document, we still believe we will get permitted. In that document, she said where mining concessions had already been granted for open-pit mines, as in the case of Cordero, they would be assessed and approved based on certain criteria, mainly the impact on, and support from, local communities, the impact on the environment, the contribution to skills training and education, and support for key issues like water treatment, etc. On all these measures, Cordero ranks very highly, thus our confidence that even if she still were to go forward with it, we will still get permitted. I hope this information is helpful .

[Ironmask1]

Sounds like music :) we will still get permitted.