14:12:36 EDT Fri 26 Apr 2024
Enter Symbol
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USA
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Discovery Ventures Inc
Symbol DVN
Shares Issued 86,979,718
Close 2015-11-30 C$ 0.165
Market Cap C$ 14,351,653
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Discovery Ventures to begin roadwork at Willa Max

2015-12-01 09:36 ET - News Release

Mr. Dan Omeniuk reports

DISCOVERY VENTURES INC. MOBILIZES EQUIPMENT TO START WILLA MINE PROJECT

Discovery Ventures Inc. has commenced mobilization of surface equipment to rebuild the road access to the 1025 and 1125 portals.

This work will be done to meet the Ministry of Mines standards provided in the 10,000-tonne bulk sample permit issued in October, 2015. Two excavators, a Cat bulldozer and a rock truck will be used to complete the program.

Apart from the roadwork, which should be completed by mid-January, 2016, the company will be rebuilding the landings for both portals and providing new water discharge lines that will be installed to provide for a proper mine water management program. A new settling pond system that will meet environmental codes will be developed on site. A British Columbia-based environmental consultant company will be providing services to provide best practices in the waste water management program.

All areas around the portal entrances will be cleared to provide a safe area to collar the portals, which is anticipated to commence in approximately two weeks.

"These programs are yet another example of the company's commitment to advancing the Willa Max gold project rapidly towards full development. Our objective is to be British Columbia's next gold mine, and to meet that goal, it is imperative that the company initiates these programs to keep within our timelines for full production," commented Discovery's chief executive officer, Dan Omeniuk.

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