DISCOVERY METALS PROVIDES COMPANY UPDATE AND ANNOUNCES C$ 5.2M EXPLORATION PROGRAM FOR 2018

DiscoveryMetals_050218

February 5, 2018, Toronto, ON – Discovery Metals Corp. (TSX-V: DSV) (“Discovery” or the “Company”), is pleased to provide an update on its recent activities and announce the details of its 2018 exploration program (the “2018 Program”) for its portfolio of silver-zinc-lead (“Ag-Zn-Pb”) projects in northern Coahuila State, Mexico.
Highlights:
• Diamond drilling program continues at the La Kika project (“La Kika”) with approximately 750 m in 20 holes completed to date. Compilation of the first batch of drill results is expected to be complete in late February.
• 2018 exploration budget of approximately C$ 5.2M encompassing geological mapping, geochemical sampling, geophysics and first-stage drill testing of up to seven of the Company’s projects.
• Mapping and sampling programs are currently underway at the Puerto Rico project
(“Puerto Rico”) and La Kika. Mapping and sampling programs at the Minerva and
Monclova projects (“Minerva” and “Monclova”, respectively) are set to start in February, with drilling planned for Q2.

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