Discovery Files 43-101 Technical Report for its Updated Mineral Resource Estimate for Cordero

December 6, 2021, Toronto, Ontario – Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) is pleased to announce it has filed on SEDAR its National Instrument 43-101 (“NI 43-101”) technical report titled Mineral Resource Update of the Cordero Silver Project Chihuahua State, Mexico, dated October 20, 2021 (the “Technical Report”), in respect of Discovery’s Cordero silver deposit in Mexico (the “Cordero Project”).

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