DISCOVERY MINERALS ANNOUNCES OFFICIAL LAUNCH OF THE DISCOVERY MINERALS COIN.

GRASS VALLEY, CA / ACCESSWIRE / May 11, 2021 / Discovery Minerals LTD (OTC PINK:DSCR), the precious metals exploration and production company, is pleased to announce the launch of it’s Discovery Minerals Coin, a utility cryptocurrency.

The Discovery Minerals Coin (“DSC”) is what is known as a Tethered Coin, whereby once fully distributed DSC will have a total of 2,100 Bitcoin, 2,100 Ethereum, 2,100 ounces of Gold, and 2,100 ounces of silver “backing” the coin.

For more information on the Discovery Minerals Coin please go directly to the company’s website https://discoverymineralscoin.com/ . Upon the completion of this initial phase, the Company plans on listing the Discovery Minerals Coin (DSC) on various centralized and decentralized cryptocurrency exchanges.

“We have already generated a significant amount of interest for the purchase of the Discovery Minerals Coin, and its utility as a method of payment will further fuel its demand” said Russell Smith, President and CEO of Discovery Minerals Ltd. “Our coin, coupled with our mineral deposits and developments offers potential long term value creation for our shareholders and stakeholders” further added Mr. Smith.

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 cash flow from any projects undertaken.

About Discovery Minerals Coin : 0xf4a9b9311d5167dc36e6b39f5c0baaa60bbcbbc1

Total Supply : 210,000,000
Phase I Price: $2.00 (50 coin minimum)
Symbol: DSC

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.

Discovery Minerals Ltd.
Info@discoveryminerals.com

SOURCE: Discovery Minerals Ltd.

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DISCOVERY MINERALS UPDATE ON RUBY MINE

Discovery Minerals Update on Ruby Mine Operations

Discovery engages Senior Geologist, completes additional site assessment indicating increased ore resources in the Ruby Mine quartz greenstone belt

GRASS VALLEY, CA / ACCESSWIRE / May 19, 2021 / Discovery Minerals LTD (OTCQB:DSCR), is an acquisition and development company that targets natural resource properties and cutting edge technology opportunities is pleased to announce that it has engaged Simon Meldrum as Senior Geologist and completed a comprehensive site assessment starting on April 28 and concluding on May 8, 2021. Mr Meldrum will continue with the evaluation of the Project in his office for later publication.

Mr. Meldrum brings over 30 years experience as a Geologist with specific expertise in exploration and reconceptualizing mines with known production, targeting new ore resources, significantly increasing mine yield. It was previously reported that the Ruby produced an estimated 250,000 troy ounces of gold from 1850’s to early 1900s. Furthermore, that 3.5 miles of unmined river channels on the Ruby mining claims have an estimated potential of 370,000 oz of gold yet to be mined from the buried placer, based on historical data. It is factual that by bringing modern mining operations and geological process, this production can be greatly enhanced.

The main focus of the May 8th investigation was to inspect existing mining equipment and resources in place to advance the mining plan as well as plan for additional geological exploration to identify additional ore resources. The most exciting aspect of new exploration are four quartz occurrences in the greenstone belt. Only one of these occurrences, the Wolf Vein has been mined. The Wolf vein produced 1,600 oz of gold by the earlier miners from the vertical greenstone formation that underlies the buried river channels. The Wolf vein winze runs to a depth of approximately 350 feet below the main access tunnel. This is notable given other proven mines in the Alleghany District produced strong enrichment zones in the quartz belt to a depth of over 3,300 feet. Example : the 16 to One mine that was closed by the Federal Govt. Manpower Act in 1942.

Russell Smith CEO of Discovery Minerals commented: ” The potential for locating additional enrichment zones and ore resources in the greenstone belt has obliged us to reevaluate initial estimates, where we feel we could quite possibly identify 2 to 5 times the currently estimated ore resources. Highlights being looked at include:

  • Four identified quartz veins at the Ruby Mine, where only the Wolf Vein has been explored to 350 feet with most work well above that. Other mines in the surrounding Mining Districts have produced to well over 10,000 feet depth.
  • The 16 to One Mine in its early days produced $3.0 million of gold from quartz reef mining from the Tightner Vein, where mining started 40 years after the quartz was uncovered by drift mining operations.
  • The Empire Mine, in the Grass Valley Mining area produced about 5.8 million ounces of gold. “

Russell Smith , CEO, continues “We have only begun to scratch the surface of what Ruby has to offer Discovery Minerals Shareholders. When you consider the 16 to One mine had one enrichment zone or pocket that produced over $1.0 million of gold you can begin to understand the vast potential of the Ruby Mine. We have seen reports of 10 grams per ton ore produced, but pockets in other mines close by have produced grades of over 10 oz per ton. Repeatedly. This is quite incredible. I am extremely pleased that we were able to recruit Simon Meldrum as I consider him one of the foremost experts in the world for reconceptualizing existing & previous mining operations to identify additional ore resources. I sincerely feel there is no better person to help maximize the potential of this operation”

Discovery Minerals expects to commence mining operations by July-August, 2021 to begin physical mining as well as winterize operations for year round mining and treatment.

For more information on the DSC coin, please go to: https://discoverymineralscoin.com/

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 cash flow 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.

Authorized by Russell Smith, CEO.

Contact:
Discovery Minerals Ltd.
Info@discoveryminerals.com

SOURCE: Discovery Minerals Ltd.

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DISCOVERY MINERALS SELECTS ALT 5 SIGMA FOR THE DEVELOPMENT OF ITS DISCOVERY COIN AND PAYMENT GATEWAY

GRASS VALLEY, CA / ACCESSWIRE / April 20, 2021 / Discovery Minerals LTD (OTC PINK:DSCR), the precious metals exploration and production company, is pleased to announce the selection of Alt 5 Sigma Inc., for the development of its Discovery Coin (“DSG”) and Payment Gateway. The goal for creation of a gold-backed Discovery Coin is for revenue diversification to create liquidity and assist in monetizing gold resources

According to the agreement, Alt 5 Sigma plans to mint a total of 210 million of the Discovery Gold Coins onto the Ethereum Blockchain with DSG. Once fully subscribed, the intent is for the Discovery Gold Coin to be tethered to 2,100 Bitcoins, 2,100 Ethers, 2,100 ounces of physical gold and 2,100 ounces of physical silver. In addition to the minting of the coin, Alt 5 Sigma will assist the company with payment processing, secondary listing, as well as deploying a merchant payment gateway using their proprietary technology, enabling merchants globally to accept Discovery Gold Coin as payments.

“We have been exploring the creation of a gold-backed coin, leveraging gold reserve assets in mining claims. Alt 5 Sigma’s team and technology has really set themselves apart when it came time to select a blockchain technology provider,” said Russel Smith, President and CEO of Discovery Minerals. “The Discovery Gold Coin is a great opportunity for both our shareholders and holders of the Coins alike. As the Ruby gold mine consolidates into expanded production, Discovery Minerals Ltd will explore dedicating part of the reserves and production to the Discovery Gold Coin assets. Details of such a transaction are currently being formulated,” further added Mr. Smith. Mr. Andre Beauchesne, Chairman of ALT 5 Sigma, applauded this concept as being positive for both Discovery Gold Coin and Discovery Minerals Ltd .

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 cash flow from any projects undertaken.

About Alt 5 Sigma Inc.

ALT 5 is a fintech company specializing in the development and deployment of digital assets trading and exchange platforms. Alt 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency, and compliance.

ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5’s products and services are available to Banks, Broker-Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers.

www.alt5sigma.comwww.alt5pro.comwww.alt5pay.comwww.alt5prime.comwww.alt5connect.com

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.

CONTACT:
Alt 5 Sigma Inc.
Andre Beauchesne, President and CEO
info@alt5sigma.com
Tel. 1-888-778-7091

Discovery Minerals Ltd.
Russell Smith
Info@discoveryminerals.com

SOURCE: Discovery Minerals Ltd.

View source version on accesswire.com:
https://www.accesswire.com/641211/Discovery-Minerals-Selects-Alt-5-Sigma-for-the-Development-of-its-Discovery-Coin-and-Payment-Gateway

DISCOVERY MINERALS LTD. UPDATE

LOS ANGELES, CA / ACCESSWIRE / August 23, 2017 / Discovery Minerals Ltd. (OTC PINK: DSCR) has assembled and delivered all relevant documents to the Company CPA for processing of the delinquent financial statements for future posting on OTC Markets.

Discovery Minerals Ltd has signed an LOI on silver, lead and zinc mining property in Ontario, Canada. The Company will review the voluminous data from previous production and diamond drilling with close attention being paid to the silver content in the residual tailings dump on site of approximately 200,000 tons.

Discovery Minerals Ltd is continuing to negotiate on several other mining projects including a substantial gold property located overseas.

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 cash flow 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.

Contact:

Corporate Communications
310-855-2642

SOURCE: Discovery Minerals Ltd.

Discovery Minerals acquires Ruby Mine and commences operations

  • Discovery Minerals (OTCPK:DSCR +14.2%to acquire the Ruby Mine from Sierra Gold.
  • The Ruby is one of California’s best-known buried placer mines, and is considered by many to be one of the largest producing river channel mines of modern times.
  • Russel Smith, CEO comments, “We are extremely happy to complete our agreement with Sierra Gold LLC. to acquire The Ruby Mining claims and commence mining operations on this historic project. While Ruby has been one of the most prolific mines in California, what is so extraordinary is how much of the claims are virtually unexplored. The combination of already identified near term mining targets with the largely unexplored greenstone belt provides significant potential of additional gold reserves. We will bring new technology and geological survey process to Ruby that we believe will quickly identify new mining targets.”