Discovery Mining Ltd.

TORONTO, July 31, 2026 (GLOBE NEWSWIRE) -- Discovery Mining Ltd. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced that it has amended the Company’s senior secured revolving credit facility (the “Credit Facility” or “Facility”), increasing the total commitments, extending the maturity, improving pricing and enhancing overall financial flexibility. All amounts are in US dollars unless otherwise indicated. Under the amended terms, the Credit Facility has been increased to $400 million from $250 millio...

COMPLETED ACQUISITION OF KIDD OPERATIONSCreates opportunity to significantly increase processing capacity, adds valuable land and infrastructure, provides exposure to critical minerals and adds exploration upside EXPLORATION SUCCESS AT ALL TARGETSExcellent drill results at all operations, at near-mine targets and at key growth projects; Recent results confirmed Pamour to be large-scale deposit with substantial growth potential INVESTING TO IMPROVE AND GROW PORCUPINETotal capital expenditures(1) of $86.4M versus $44.2M in Q2 2025 and $69.9M in Q1 2026 STRONG PRODUCTION GROWTH Pr...

Underground drilling continues to confirm and expand Main and East Lower Zones (ELZ)1,2,3 Main Zone: 9.16 gpt over 25.9m including 18.40 gpt over 4.0m and including 21.52 gpt over 4.8m; 7.01 gpt over 10.2m; 7.63 gpt over 8.6m; 4.75 gpt over 19.3m, including 7.90 gpt over 5.0m; 9.23 gpt over 14.0m, including 13.41 gpt over 8.3m; and 12.79 gpt over 7.3m including 18.45 gpt over 4.4mEast Lower Zone: 6.92 gpt over 12.9m, including 9.16 gpt over 7.3m; 13.33 gpt over 13.2m, including 31.04 gpt over 4.7m; 5.25 gpt over 15.4m, including 10.09 gpt over 5.5m; and 10.21 gpt over 3.9m Surface dr...