Discovery Silver announced the project study team for its Preliminary Economic Study (PEA) will be led by Ausenco who will continue to work with AGP Mining Consultants who has already completed preliminary pit optimization work to assist with drill targeting. Preliminary mine scheduling work has also been completed by AGP Mining to evaluate the impact on project economics of different mining rates, mill throughput rates and cut-off grade and stockpiling strategies. The objective of this work is to optimize the Net Present Value (“NPV”) and capital efficiency (ratio of initial capital expenditure to NPV).