The Board of Directors is pleased to announce that the Company is now current with all compliance filings including Financials and the requisite Letter of Opinion by a Qualified Attorney.
June 30th 2018 Quarterly Report is in preparation and will be posted by the due date. Some positive factors for the Company will be enclosed.
As announced on May 22nd of this year, Discovery Minerals Ltd. currently has an Option Agreement with Meritus Minerals to acquire their interest in a Gold Mining Project in Mongolia. Discovery has engaged a local attorney in Ulaan Bataar following a mine site visit by the Company Projects Manager. This attorney is well acquainted with the mining industry in Mongolia and is assisting Discovery with their Due Diligence investigation.
Discovery’s Project Manager has also recently travelled to Kyrgyzstan to evaluate the possibility of entering into a joint venture with a well established local mineral exploration group who own a high grade gold mine that has been delineated by diamond and reverse circulation drilling. Further drilling is planned to increase reserves. Discovery would be the Operator of the Project mining, milling & extraction program.