Discovery Announces Management Appointments
16 Junho 2025 - 8:30AM
Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF)
(“
Discovery” or the “
Company”)
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’s CEO, commented: “The
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.”
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 (“ESG”) issues. Most recently, Ms. Hu served
as Deputy General Counsel, Operations Legal Support at Newmont
Corporation (“Newmont”), 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. (“Kirkland Lake Gold”) 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. (“Agnico Eagle”) 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’s
Vice-President, Corporate Development, where he played key roles in
advancing the Company’s 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’s 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. (“Lake Shore Gold”) 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’s
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’s 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. EngPresident, CEO &
Director
For further information contact:Mark
Utting, CFASVP Investor RelationsPhone: 416-806-6298Email:
mark.utting@discoverysilver.comWebsite: www.discoverysilver.com
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