Discovery Silver Corp. (TSX-V: DSV, OTCQX: DSVSF) announced the appointment of Tony Makuch as the Chief Executive Officer (CEO) of the company, effective immediately. Makuch had been serving as the Interim CEO of the company since June 2022.
Tony Makuch’s Experience:
With over 35 years of experience in development, operations, and leadership, Makuch brings a wealth of knowledge to his new role as CEO. He was previously the CEO of Kirkland Lake Gold Ltd., where he led the transformation of the company, increasing annual gold production from 315,000 oz to over 1,400,000 oz and increasing market capitalization from approximately C$1 billion to over C$10 billion.
Murray John, Chairman of the Board of Directors of Discovery, stated that “We are delighted that Tony is assuming the CEO role on a permanent basis. His track record of success in optimizing the value of development projects and large-scale mining operations, along with his capital markets recognition, make him the right leader as we look forward to the imminent delivery of the Pre-Feasibility Study on our Cordero project.”
Makuch commented that “Over the last seven months I have built a deep knowledge of the Cordero project and the high-quality work completed by the Discovery team. Cordero, in my view, is one of the most exciting large-scale development projects in the global mining industry. I am highly motivated by the prospect of realizing significant value for all stakeholders as we work to transform Cordero into a Tier 1 mine. The large volume of silver that Cordero is expected to produce and the excellent outlook for silver as a critical metal in the transition to green energy, also represents a compelling opportunity.”
Promotion of Roman Solis:
The company also announced the promotion of Roman Solis to Vice President Mexico. Solis has been working with Discovery as Country Manager since 2018 and has played a key role in the management of the company’s ESG program, community relations, permitting, and day-to-day operations at Cordero.
Makuch praised Solis, saying “Roman has been an integral part of our senior management team over the last five years and has successfully managed all our in-country activities. This promotion is recognition of his excellent work and his increasing level of responsibility within the Company and we look forward to working with him on the next phase of work in our systematic advancement of Cordero towards a construction decision.”
In conclusion, Makuch’s appointment as CEO of Discovery Silver Corp comes at an exciting time for the company as they look forward to the delivery of the Pre-Feasibility Study on their Cordero project. Makuch’s track record of success and his deep knowledge of the project make him the ideal leader to take the company forward. The company is also pleased to announce the promotion of Roman Solis to Vice President Mexico, recognizing his hard work and increasing level of responsibility within the company.
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