Discovery Silver Corp announced key management appointments and promotions to strengthen its leadership team. The company hired Amy Hu as SVP of Legal and Sustainability, bringing 15+ years of international experience, and Darin Smith as SVP of Corporate Development with 20+ years in mining finance. Internal promotions include Forbes Gemmell to EVP of Business Development & Growth, Mark Utting to SVP of Investor Relations, and Gord Leavoy to SVP of Mineral Processing. These appointments follow Discovery's recent acquisition of the Porcupine Complex from Newmont on April 15, 2025, which transformed the company into a Canadian gold producer. Discovery owns the Cordero silver project in Mexico and now operates multiple gold operations near Timmins, Ontario.
Discovery Silver Corp ha annunciato importanti nomine e promozioni nel management per rafforzare il proprio team di leadership. L'azienda ha assunto Amy Hu come SVP Legal e Sostenibilit脿, con oltre 15 anni di esperienza internazionale, e Darin Smith come SVP Sviluppo Aziendale, con pi霉 di 20 anni nel settore finanziario minerario. Le promozioni interne includono Forbes Gemmell come EVP Sviluppo Commerciale e Crescita, Mark Utting come SVP Relazioni con gli Investitori e Gord Leavoy come SVP Processi Minerari. Queste nomine seguono l'acquisizione del Porcupine Complex da Newmont, avvenuta il 15 aprile 2025, che ha trasformato Discovery in un produttore canadese d'oro. Discovery possiede il progetto argentifero Cordero in Messico e ora gestisce diverse operazioni aurifere vicino a Timmins, Ontario.
Discovery Silver Corp anunci贸 nombramientos y promociones clave en su equipo directivo para fortalecer su liderazgo. La compa帽铆a contrat贸 a Amy Hu como SVP de Legal y Sostenibilidad, con m谩s de 15 a帽os de experiencia internacional, y a Darin Smith como SVP de Desarrollo Corporativo, con m谩s de 20 a帽os en finanzas mineras. Las promociones internas incluyen a Forbes Gemmell como EVP de Desarrollo Comercial y Crecimiento, Mark Utting como SVP de Relaciones con Inversionistas y Gord Leavoy como SVP de Procesamiento Mineral. Estas designaciones siguen a la reciente adquisici贸n por parte de Discovery del Complejo Porcupine de Newmont el 15 de abril de 2025, que transform贸 a la empresa en un productor canadiense de oro. Discovery posee el proyecto de plata Cordero en M茅xico y ahora opera m煤ltiples operaciones aur铆feras cerca de Timmins, Ontario.
Discovery Silver Corp a annonc茅 des nominations et promotions cl茅s au sein de sa direction afin de renforcer son 茅quipe de leadership. La soci茅t茅 a recrut茅 Amy Hu en tant que SVP Juridique et Durabilit茅, forte de plus de 15 ans d'exp茅rience internationale, ainsi que Darin Smith en tant que SVP D茅veloppement Corporatif, avec plus de 20 ans dans la finance mini猫re. Les promotions internes incluent Forbes Gemmell au poste de EVP D茅veloppement Commercial et Croissance, Mark Utting en tant que SVP Relations Investisseurs, et Gord Leavoy en tant que SVP Traitement des Min茅raux. Ces nominations font suite 脿 l'acquisition r茅cente par Discovery du complexe Porcupine aupr猫s de Newmont le 15 avril 2025, qui a transform茅 l'entreprise en producteur d'or canadien. Discovery poss猫de le projet d'argent Cordero au Mexique et exploite d茅sormais plusieurs op茅rations aurif猫res pr猫s de Timmins, en Ontario.
Discovery Silver Corp hat wichtige Management-Ernennungen und Bef枚rderungen bekannt gegeben, um sein F眉hrungsteam zu st盲rken. Das Unternehmen stellte Amy Hu als Senior Vice President (SVP) f眉r Recht und Nachhaltigkeit ein, die 眉ber mehr als 15 Jahre internationale Erfahrung verf眉gt, sowie Darin Smith als SVP f眉r Unternehmensentwicklung mit 眉ber 20 Jahren Erfahrung im Bergbaufinanzwesen. Interne Bef枚rderungen umfassen Forbes Gemmell zum Executive Vice President (EVP) f眉r Gesch盲ftsentwicklung und Wachstum, Mark Utting zum SVP f眉r Investorenbeziehungen und Gord Leavoy zum SVP f眉r Mineralverarbeitung. Diese Ernennungen folgen auf die k眉rzliche 脺bernahme des Porcupine-Komplexes von Newmont am 15. April 2025, die das Unternehmen in einen kanadischen Goldproduzenten verwandelte. Discovery besitzt das Silberprojekt Cordero in Mexiko und betreibt nun mehrere Goldminen in der N盲he von Timmins, Ontario.
Positive
Strategic strengthening of management team with experienced executives from major mining companies like Newmont and Kirkland Lake Gold
New executives bring specific expertise in Northern Ontario mining operations, relevant to the recently acquired Porcupine Complex
Amy Hu brings valuable ESG and Indigenous community relations experience
Darin Smith has track record in value-enhancing M&A transactions including the Agnico Eagle merger
Negative
None.
TORONTO, June 16, 2025 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (鈥�Discovery鈥� or the 鈥�Company鈥�) today announced the hiring of Amy Hu as Senior Vice President, Legal and Sustainability and Darin Smith as Senior Vice President, Corporate Development. In addition, the Company also announced the following promotions: Forbes Gemmell to the position of Executive Vice President, Business Development & Growth; Mark Utting to the role of Senior Vice President, Investor Relations; and Gord Leavoy to the position of Senior Vice President, Mineral Processing. The appointments are effective immediately.
Tony Makuch, Discovery鈥檚 CEO, commented: 鈥淭he executive appointments announced today are an important step forward in building a strong, highly experienced leadership team to drive growth and value creation at Discovery. We are delighted to welcome Amy and Darin to the Company and are confident they will make a valuable contribution to our future success. They are both highly accomplished professionals with extensive industry experience involving mines in Northern Ontario. The promotions we are announcing are well deserved and reflect both the valuable contribution Forbes, Mark and Gord have made since joining Discovery, as well as their increasing responsibilities following the completion of the Porcupine Complex acquisition on April 15, 2025.鈥�
Amy Hu is a lawyer with more than 15 years of international experience across North and South America, Africa, and Australia. During her career, Ms. Hu has played pivotal roles in guiding public companies through major M&A transactions, crisis response as well as environment, social and governance (鈥淓SG鈥�) issues. Most recently, Ms. Hu served as Deputy General Counsel, Operations Legal Support at Newmont Corporation (鈥淣ewmont鈥�), where she led a 70+ person legal team across nine countries. Prior to that, she held various senior legal roles with Goldcorp Inc. between 2013 to 2019 where much of her work focused on assets in Northern Ontario. A recognized expert in corporate law, ESG, and stakeholder engagement, Ms. Hu has negotiated long-term agreements with many Indigenous communities and contributed to sustainable strategies for mining companies.
Darin Smith is a finance professional with more than 20 years of experience in financial analysis and corporate strategy within the mining sector. He joins Discovery from Liberty Gold Corp. where he had served as Senior Vice President, Corporate Development since 2022. Prior to that assignment, Mr. Smith served as Senior Vice President, Corporate Development at Kirkland Lake Gold Ltd. (鈥淜irkland Lake Gold鈥�) from 2017 to 2022, where he was involved in a number of value-enhancing transactions including the merger of equals with Agnico Eagle Mines Ltd. (鈥淎gnico Eagle鈥�) and the acquisition of Detour Gold Corp.
Forbes Gemmell is promoted to the role of Executive Vice President, Business Development & Growth. Most recently, Mr. Gemmell served as Discovery鈥檚 Vice-President, Corporate Development, where he played key roles in advancing the Company鈥檚 Cordero silver project, including completing the feasibility study in early 2024, and in the successful acquisition of the Porcupine Complex from Newmont. Prior to joining Discovery in 2020, Mr. Gemmell held a number of senior management positions, including with companies such as Guyana Goldfields Inc. and Lago Dourado Minerals Ltd. Earlier experience included working in the capital markets both on the sell-side, as an equity research analyst covering the precious metals sector with Raymond James Ltd., and on the buy-side, as an equity analyst with Colonial First State.
Mark Utting is promoted to the position of Senior Vice President, Investor Relations. Most recently, he served at Discovery鈥檚 Vice President, Investor Relations since June 1, 2024, and was a consultant to the Company prior to that date. Before joining Discovery, key roles in the mining sector included serving as Senior Vice President, Investor Relations at Kirkland Lake Gold from 2017 to 2022, where he was responsible for all aspects of investor relations and corporate communications, including serving as one of two primary spokespersons, and also serving as Chair of the Company's Disclosure Committee. Prior to that assignment, he served as Vice President, Investor Relations for Tahoe Resources Inc. from April 2016 to June 2017 and performed the same role for Lake Shore Gold Corp. (鈥淟ake Shore Gold鈥�) from 2008 to 2016.
Gord Leavoy is promoted to Senior Vice President, Mineral Processing. He was previously Vice-President, Mineral Processing for Discovery, a role he assumed in June 2023. Over his 40-year career, Mr. Leavoy has gained extensive experience in processing plant operations, plant maintenance, plant design and construction and mine tailings dam construction and operation. Prior to joining Discovery, he was Vice President, Mineral Processing and Accountable Executive Officer for tailings at Kirkland Lake Gold. Earlier positions included a variety of roles with companies such as Falconbridge Ltd., Kinross Gold Corp., Placer Dome Inc., Goldcorp Inc., Lake Shore Gold, Kirkland Lake Gold and Agnico Eagle.
ABOUT DISCOVERY
Discovery is a growing North American-focused precious metals company. The Company has exposure to silver through its first asset, the 100%-owned Cordero project, one of the world鈥檚 largest undeveloped silver deposits, which is located close to infrastructure in a prolific mining belt in Chihuahua State, Mexico. On April 15, 2025, Discovery completed the acquisition of the Porcupine Complex from Newmont Corporation, transforming the Company into a new Canadian gold producer with multiple operations in one of the world鈥檚 most renowned gold camps in and near Timmins, Ontario. Discovery owns a dominant land position within the camp, with a large base of Mineral Resources remaining and substantial growth and exploration upside.
On Behalf of the Board of Directors,
Tony Makuch, P. Eng President, CEO & Director
For further information contact: Mark Utting, CFA SVP Investor Relations Phone: 416-806-6298 Email: Website:
FAQ
Who are the new executives appointed at Discovery Silver (DSVSF)?
Discovery appointed Amy Hu as SVP of Legal and Sustainability and Darin Smith as SVP of Corporate Development, while promoting Forbes Gemmell to EVP of Business Development & Growth, Mark Utting to SVP of Investor Relations, and Gord Leavoy to SVP of Mineral Processing.
What experience does Amy Hu bring to Discovery Silver?
Amy Hu brings over 15 years of international legal experience across North and South America, Africa, and Australia, previously serving as Deputy General Counsel at Newmont where she led a 70+ person legal team across nine countries.
How does this management change affect Discovery Silver's operations?
The appointments strengthen Discovery's leadership team following their Porcupine Complex acquisition, bringing expertise in Northern Ontario mining operations, ESG, and corporate development to support the company's growth as a Canadian gold producer.
What are Discovery Silver's main assets after recent acquisitions?
Discovery owns the 100% Cordero silver project in Mexico, one of the world's largest undeveloped silver deposits, and the recently acquired Porcupine Complex near Timmins, Ontario, which includes multiple gold operations.
When did Discovery Silver acquire the Porcupine Complex?
Discovery Silver completed the acquisition of the Porcupine Complex from Newmont Corporation on April 15, 2025.
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