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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
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.
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
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
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.

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Discovery fact sheet (final) 2

  • 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.