Last C$0.32 CAD
Change Today -0.01 / -3.03%
Volume 235.0K
DVN On Other Exchanges
As of 3:55 PM 09/17/14 All times are local (Market data is delayed by at least 15 minutes).

discovery ventures inc (DVN) Snapshot

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09/4/14 - C$0.42
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discovery ventures inc (DVN) Details

Discovery Ventures Inc., a natural resource company, acquires and explores mining properties in Canada. It primarily explores for gold, copper, and silver deposits. The company’s principal property consists of the Rabbitt Mine Property that comprises 21 mineral tenures covering an area of 4,085 hectares and is located in Similkameen Mining Division to the west of Tulameen, British Columbia. Discovery Ventures Inc. was incorporated in 1999 and is headquartered in Vancouver, Canada.

discovery ventures inc (DVN) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$29.9K
Chief Financial Officer, Secretary, Director ...
Total Annual Compensation: C$40.7K
Compensation as of Fiscal Year 2013.

discovery ventures inc (DVN) Key Developments

Discovery Ventures Inc. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014

Discovery Ventures Inc. Presents at SeeThruEquity Fall Microcap Investor Conference, Sep-11-2014 . Venue: Convene Times Square Conference Center, 810 Seventh Ave., New York, New York, United States.

Discovery Ventures Inc. Commences 2014 Surface Mapping and Sampling Program at Willa Project

Discovery Ventures Inc. announce that it has recently commenced a surface exploration program at the Willa. The surface work includes geological mapping and sampling of bedrock exposures not previously mapped in detail. The 2014 surface exploration work is focused on an 800-m x 600-m area to the south and west of the known Willa resource. Historic drilling in the vicinity suggests that the mineralization is open in that direction and the work is intended to assess that possibility. The area is steep and outcrop has not previously been mapped or sampled. Samples collected by hand will be submitted for geochemical analysis to test for anomalous zones of mineralization and the potential for an extension of the Willa mineralization. It is anticipated that in excess of 200 samples will be collected and submitted for analysis. As reported previously, core collected from Willa in 2004 has now been safely transported to, and stored at the MAX site. The company intends to re-sample selected intervals of the 2004 core to conduct new bench scale metallurgical test work and take other physical measurements from it, including tests for the mineralized zone's typical specific gravity. This confirmatory work is intended to demonstrate the validity of certain assumptions in engineering and design work emanating from test work completed by others in the 1980's and 1990's.

DVN Seeks Acquisitions

Discovery Ventures Inc. (TSXV:DVN) is looking for acquisition opportunities. DVN completed a first tranche of a private placement including 7.97 million units at a price of $0.15 per unit for gross proceeds of $1.195 million. DVN intends to use the proceeds of the financing to advance the WillaMAX Project, including acquisition payments, ongoing engineering and design, preparation of various permit application for potential production and for general working capital.


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