Discovery Metals (formerly “Ayubowan Capital “) (the “Company” or “Discovery Metals”) (NEX:DSV.H) (TSX VENTURE:DSV.H) is pleased to announce that it has entered into an additional mineral exploration and option agreement (the “La Kika Agreement”) dated June 7, 2017, with Jesus Miguel Hernandez Garza and Juan Reynaldo Elizondo Falcon (together, the “Vendors”), providing option to acquire the La Kika mineral concession located in the state of Coahuila, Mexico.
Discovery Metals is focused on discovering and advancing high grade Silver-Zinc-Lead-Copper carbonate-hosted deposits within a large district in northern Mexico. All targets, including La Kika, will be assessed as potential milling or direct–ship mining opportunities.
The La Kika Property hosts silver-lead-zinc carbonate replacement mineralization, hosted in Mesozoic limestone.
Mineralization is exposed as both mantos and a prominent high-angle breccia zone in underground workings extending in a north-south direction for approximately 110 metres, and to a depth of approximately 25 metres.