Discovery Silver (TSE:DSV) said it remains on track with its 2026 guidance after a first quarter marked by lower gold production, higher gold prices, continued investment at Porcupine and progress on a proposed acquisition that management said could unlock significant processing capacity in Timmins.
On the company’s first-quarter 2026 conference call, Mark Utting, senior vice president of investor relations, said Discovery is working toward more than doubling gold production at Porcupine to more than 500,000 ounces per year while also advancing the Cordero project in Mexico, where it expects to produce about 14 million ounces of silver annually over at least the first 10 years.
