1. TSX-V: DVN
DISCOVERY VENTURES
Discovery Ventures Inc. (TSX-V:
DVN) is a Canadian exploration
mining company with a focus on
grass roots and developed projects
in precious metals. With properties
close to home in the province of B.C.,
Discovery’s assets are located in
some of the most highly mineralized
regions in the province and are
supported by mature infrastructure
networks.
Redbird/
Rabbitt
FIND US ON:
@DiscoveryDVN Discovery Ventures
DISCOVERY VENTURES INC. Big Creek
4564 Woodgreen Drive
West Vancouver, B.C. Canada
Postal code: V7S 2V2 Bralorne
Tel: +1 604 913 0279
Fax: +1 604 913 0727 Willa
Email us at:
info@discoveryventuresinc.com
www.discoveryventuresinc.com
2. TSX-V: DVN
Share Structure
Shares issued: 33,209,749
Options: 1,880,081
Fully diluted shares: 35,089,767
Investment Advantages
Easy access to roads
Large swaths of unexplored areas around
big historical deposits
Economic benefits to local B.C. communities
Willa Project Management
President and CEO:
Located in one of the most highly mineralized areas in Akash Patel
British Columbia, the Willa asset is now at the centre of Chief Financial Officer:
Discovery’s aggressive exploration and drilling efforts. Kenneth C Phillippe, B. Comm, CA.
This property features gold, copper and silver with survey Directors:
reports indicating 1mT @ 6.3 g Au/T, 10.77 g Ag/T and Matt Wayrynen, Walter Marting and
0.79% Cu respectively. Over $15 million has been spent Neil Hill Morgan
to date on drilling and exploration, while a nearby mill
has been located for processing. The deposit is open at
all three sites and fully developed.
FIND US ON:
@DiscoveryDVN
History
Discovery Ventures
• The property has been explored off and on since 1893.
The deposit has been extensively explored and developed
to by several operators, including Noranda, Rio Algom, BP
Minerals, Bethlehem Resources Corp., Northair Mines Ltd. DISCOVERY VENTURES INC.
and Hudson Bay Mining & Smelting. 4564 Woodgreen Drive
• Mid-1960’s, Cominco, Amax Exploration and Western
West Vancouver, B.C. Canada
Mining Company identified possible economic copper and
molybdenum mineralization. Postal code: V7S 2V2
• From 1980 to 1985, surface and underground drilling Tel: +1 604 913 0279
completed by a joint venture between Rio Algom Fax: +1 604 913 0727
Exploration Inc. and BP Minerals Ltd. (50/50) Email us at:
• In 1985 Northair Mines Limited joined the joint venture. info@discoveryventuresinc.com
They completed the majority of the present underground www.discoveryventuresinc.com
workings and diamond drilling.
3. Rational and economics TSX-V: DVN
• Operating Margins = >400% ($400 value - History continued
$100 costs).
• Mining widths = 10 to 25 meters allow low cost • In 1990 - Treminco Resources Ltd. entered
efficient mining methods. into an option to purchase agreement (100 %
interest) from the Rio Algom Exploration Inc., BP
• Excellent metallurgical properties.
Resources Canada Limited and Northair Mines.
• Paved highway access with close proximity
• Between 2002 and 2005, Bethlehem
to towns. Resources (1996) Corporation conducted further
• Experienced local mine crews and mine diamond drilling and a pre-feasibility study.
operators. • 2003 - Updated 43-101 Resource completed
• Permitting in place for Max Mill and data base digitized.
• Production should be achievable within • Hatch Consultants and others completed a
12 months. preliminary mine design and mine schedule
• Ready to Mine – Mine Development in Place based on the new Mineral Resource estimate.
required capex <$4.0. Study done at $400/Au and $1.75/Cu price
• All equipment late model and recent operation. environment = <15%IRR.
• 550 ton metallurgical bulk sample completed
• Long life resources at Willa – >20 years
which confirmed Gold and copper recoveries
• High Quality Database
obtained in extensive test work which ranged
• Mineralization Open in 3 directions - several other between (Au) 80-84 % and (Cu)90-94 % at a
highly-prospective areas undeveloped. concentrate grade of 20-24 percent copper
• Power Savings of $15,000 with conversion • 596 drill holes totaling 189,000 feet (57,250
of diesel to hydro power. $5 million savings on meters) of core drilling and 8,500 feet (2,575
Capex of $8-10 million. meters) of underground workings, extensive
• Potential dual mine operation with existing geophysics and sampling consisting of 17,150
facilities. analyses for gold, copper and silver.
• 1980’s to 2005 reported to cost $18 million -
2012 cost would be >$40 million.
FIND US ON:
@DiscoveryDVN
Discovery Ventures
DISCOVERY VENTURES INC.
4564 Woodgreen Drive
West Vancouver, B.C. Canada
Postal code: V7S 2V2
Tel: +1 604 913 0279
Fax: +1 604 913 0727
Email us at:
info@discoveryventuresinc.com
www.discoveryventuresinc.com
4. TSX-V: DVN
Gold/copper deposits in sampling at Willa
NI 43-101 Resource Summaries
2005 TECHNICAL REPORT (GRADE CUT-OFF 3.5 G AU/MT):
Category Metric tons Gold (g/mt) Copper (%) Silver (g/mt)
Measured 495,784 7.18 0.94 12.16
Note: The estimate was
Indicated 292,467 5.71 0.67 13.26
based upon a database
TOTAL 788,251 6.63 0.84 12.57
including data from 556 core
2003 TECHNICAL REPORT (GRADE CUT-OFF 3.5 G AU/MT): holes totaling 50,890m,
Category Metric tons Gold (g/mt) Copper (%) Silver (g/mt) 2,570 m of underground
Measured 487,989 6.77 0.97 11.59 workings and 17,150
Indicated 292,457 5.31 0.65 11.94 analyses for Au, Cu, and Ag.
TOTAL 780,446 6.22 0.85 11.72
2003 TECHNICAL REPORT (GRADE CUT-OFF 2.5 G AU/MT):
Category Metric tons Gold (g/mt) Copper (%) Silver (g/mt)
Measured 792,744 5.30 0.83 9.95
Indicated 591,765 4.11 0.62 9.79
TOTAL 1,384,509 4.79 0.74 9.88
2003 TECHNICAL REPORT (GRADE CUT-OFF 1.5 G AU/MT):
Category Metric tons Gold (g/mt) Copper (%) Silver (g/mt)
Measured 1,364,879 3.89 0.68 8.80
Indicated 1,316,763 2.91 0.51 7.05
TOTAL 2,681,642 3.41 0.60 7.94
5. TSX-V: DVN
Resource (including inferred) figures based
upon the Makepeace March 2003 Report.
CUTOFF - 3.5 G/T AU
CATEGORY VOLUME (M3) TONNES Au (g/mt) Cu (%) Ag (g/mt)
Measured 168,272 487,989 6.77 0.97 11.59
Indicated 100,848 292,457 5.31 0.65 11.94
Inferred 74,544 216,177 6.55 0.57 7.32
Total 343,664 996,623 6.30 0.79 10.77
CUTOFF - 2.5 G/T AU
CATEGORY VOLUME (M3) TONNES Au (g/mt) Cu (%) Ag (g/mt)
Measured 273,360 792,744 5.30 0.83 9.95
Indicated 203,712 590,765 4.11 0.62 9.79
Inferred 154,192 447,157 4.71 0.49 7.14
Total 631,264 1,830,666 4.77 0.68 9.21
CUTOFF - 1.5 G/T AU
CATEGORY VOLUME (M3) TONNES Au (g/mt) Cu (%) Ag (g/mt)
Measured 470,648 1,364,879 3.89 0.68 8.80
Indicated 454,056 1,316,763 2.91 0.51 7.05
Inferred 450,984 1,307,852 2.86 0.39 5.56
Total 1,375,688 3,989,494 3.23 0.53 7.16
Tonnage total in all categories 4 MILLION TONNES indicates long mine life > 20 years.