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Discovery Harbour Submits Exploration Plan of Operations with Ten Drill Sites for Permitting and Updates Financing

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Vancouver, British Columbia–(Newsfile Corp. – April 8, 2020) – Discovery Harbour Resources Corp. (TSXV: DHR) (OTC Pink: DCHRF) (FSE: 4GW) (the “Company” or “Discovery Harbour“) is pleased to announce that it has submitted an Exploration Plan of Operations (“the Plan”) to the United States Forest Service (“USFS”) in furtherance of the Company’s planned drill program at the Caldera gold project, Nevada. The Plan includes up to 10 drill targets in five separate mineralized areas.

Mark Fields, the Company’s President and CEO, states, “The work we have completed to date represents a major step towards drill testing the potential of the Caldera project. We have selected 10 targets from no less than 33 targets within five of the eight distinct gold mineralized areas at Caldera. Figure 1 attached to this news release outlines the locations of the 10 drill sites, each having the potential to deliver a high grade intersect. I would like to thank our consultants who have helped prioritize these targets.”

Mark Fields continues, “Our plan is to drill 100 to 300 metres deeper than any previous drilling on the Caldera project. Figure 2 to this news release is a conceptual construction of historical drill results and interpretation of where high grade gold mineralization is believed to exist, illustrating the need to drill deeper. We believe the high-grade gold occurrences historically drilled at or near surface were deposited by a deeper low sulphidation epithermal gold system. All of the data we have analyzed support our theory that the gold system should be intact.”

The Company commenced the drill permitting process late last year. Since then, it has selected the specific drill sites and engaged a Nevada contractor to conduct the baseline studies required for the environmental impact analyses of the Plan. The contractor is prepared to initiate field work as soon as ground and weather conditions allow.

Once complete, the USFS will review the Plan for conformance to regulatory requirements. Future drilling is subject to USFS and other regulatory approvals as well as financing.

Drill Targets

Each of the five mineralized areas (Adara, Calista, Darius, Faustus and Gemina) selected for drill site permitting are described in detail in our January 9, February 10 and March 4, 2020 news releases. Figure 1 provides the location of the 10 drill sites submitted for permitting and Figures 2 and 3 provide a conceptual cross section and selected historical drill hole highlights respectively.

The 100% Discovery Harbour-optioned Caldera property was generated by Don Merrick and John Zimmerman of Genesis Gold Corporation, a private Utah company specializing in gold exploration in the Western United States (

Figure 1: CALDERA GOLD PROJECT – DRILL SITES SUBMITTED FOR PERMITTING

To view an enhanced version of Figure 1, please visit:
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Figure 2: CALDERA GOLD PROJECT – CONCEPTUAL ADARA-GEMINA SCHEMATIC CROSS SECTION

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/1559/54249_f4915c54d4afa8a0_003full.jpg

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Figure 3: CALDERA GOLD PROJECT – HISTORICAL DRILLING HIGHLIGHTS

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/1559/54249_f4915c54d4afa8a0_004full.jpg

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/54249