Posts

2017 Contracts

This year, we continue to work at the May-Mac mine near Greenwood B.C.

We also continue work on our own Ag, Pb, Zn properties near Silverton B.C.

Discovery Ventures Inc. Announces Debt Settlement

VANCOUVER, BRITISH COLUMBIA – (Marketwired – Jan. 22, 2016) – Discovery Ventures Inc. (TSX VENTURE:DVN)(FRANKFURT:0DV)(OTCQX:DTVMF) (“Discovery”) is pleased to announce that it has entered into a debt settlement agreement with Genex Mining Company Ltd. (“Genex”) whereby Discovery will settle a judgment in the amount of $900,000 Genex obtained against the Company’s wholly-owned subsidiary, FortyTwo Metals Inc., through the payment of $450,000 and the issuance of 1,666,667 common shares of the Company at a deemed price of $0.15. All securities issued in the debt settlement are subject to a statutory hold period expiring four months and one day after the issuance of the common shares. The proposed debt settlement is subject to the approval of the TSX Venture Exchange.

Roca Mines Contract

Agreement between Genex Mining and Roca Mines Inc.
Genex Mining to commence underground mine development and supervision contract for Roca Mines.

introducing new Health and Safety Program

Genex has just completed, with the help from the Business Development Bank of Canada consultants, a brand new health and safety program. This new safety program is a substantial investment in our employees continued health and safety. Genex is now working towards our C.O.R safety program certification.

New Shop Construction

NEW SHOP

Back where it all started, Genex Mining Company Ltd. is planning its new shop and HQ in Silverton. Preparing for the future, Genex will have several employees there, including office staff and mechanics.

Village council has approved the project and says it is pleased to have a mining company back in Silverton once more.