The Willa Project, near Silverton, BC. — Photo courtesy Discovery Ventures Discovery Ventures Inc. is pleased to announce that it is in receipt of Mi
The Willa Project, near Silverton, BC. — Photo courtesy Discovery Ventures
Discovery Ventures Inc. is pleased to announce that it is in receipt of Mines Act Permit MX-5-786, approved by the Ministry of Energy and Mines, to undertake its planned underground sampling and mapping activities at the Willa Project, near Silverton, BC.
Willa Underground Exploration Program
The Company will conduct an underground percussion drilling campaign to collect new samples from the Willa resource. The drilling will be used to composite a metallurgical sample that will be further processed such that a final tailings product can be geochemically characterized in the lab. The results of the tailings characterization studies will be presented in future studies and applications for the proposed WillaMAX project and will form an important part of future planning.
Access to the Willa development has been intentionally blocked since 2005 and re-entering the underground workings will provide an opportunity for the Company and its consultant to verify current ground conditions. While these are assumed to be excellent based on historical information, a geotechnical review will also be completed during this program.
About Discovery
Discovery is an exploration and development stage company focused on the WillaMAX project that is prospective for gold. A summary of the project is provided in a recent WillaMAX Preliminary Economic Assessment (PEA) released May 26, 2014 as amended June 20, 2014 prepared by Wayne M. Ash, P.Eng. The WillaMAX project would combine the Willa copper-gold resource with processing facilities at the MAX Mine, both located in southeast BC. Due diligence is underway for project financing that is anticipated to facilitate the completion of key acquisitions and advance engineering and permitting work for both sites. The MAX Mine acquisition includes existing permits, a modern mill & concentrator and sizeable tax loss pools.
