DSVSF shares rise on drill data showing potential 250K-500K ounce expansion across three Ontario gold projects.
Discovery Mining (DSVSF) climbed 11.3% after releasing high-grade drill results from its Dome, TVZ, and Owl Creek projects in Ontario. The findings confirm gold deposits extend beyond current resource boundaries, signaling growth potential.
The miner estimates the three projects could collectively add 250K to 500K ounces of gold. Prior results had indicated strong mineralization, but the latest data provides clearer expansion targets for resource modeling.
Shares reacted positively to the update, reflecting investor confidence in the company’s exploration pipeline.