Discovery Metals Corp. is pleased to announce that at a special meeting of the Company’s shareholders on December 11, 2019, Discovery’s shareholders passed a resolution approving 2176423 Ontario Ltd., a corporation beneficially owned by Mr. Eric Sprott, to become a “Control Person” as defined in the policies of the TSX Venture Exchange (including ownership of greater than 20% of the voting securities outstanding) of Discovery.

“Alamos remains on track to achieve 2019 production and cost guidance driven by a strong year from both of our Canadian operations. Young-Davidson is having a solid year operationally while making excellent progress on the construction of the lower mine expansion. Island Gold has already established another record for annual production and free cash flow, and with the ongoing exploration success we expect a further increase in both mineral reserves and resources with our year end update,” said John A. McCluskey, President and Chief Executive Officer.

Richard Godfrey is a finance professional who has been involved in the mining industry over the last 30 years, both domestic and international.

Daniel Earle, President & CEO, commented, “The name change has been undertaken to reflect the strong gold potential that exists within our portfolio of assets and corporate strategy to broaden our exploration efforts to capitalize on this.”

“This Project is consistent with Tamino’s strategy, to secure high-grade gold projects with significant upside potential and located in favorable mining jurisdictions,” stated Pedro Villagran-Garcia, President and CEO for Tamino Minerals, Inc.