Discovery Ventures Inc.

May 17, 2011 09:01 ET

Discovery Ventures to Begin Preparation for Drilling La Sarita, Mexico

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2011) -Discovery Ventures Inc. ("Discovery") (TSX VENTURE:DVN)

Mr. David Rees reports

Discovery Ventures Inc. ("Discovery") (TSX VENTURE:DVN) is pleased to announce that work is underway on its La Sarita project in Sonora Mexico. This phase of the work includes a 3D IP (induced polarization) survey to define sub surface geological structures, surface and underground sampling, and diamond drilling. The La Sarita contains copper/silver mineralization over a recorded strike length of at least 2.4 km with indications of depth of 100 to 500 meters.

The property encompasses a number of historic small-scale artisanal type mining operations dating back to the late 1 800s with both underground and surface workings. Sonora Mexico is home to the Cananea and the La Caridad mines two large scale copper mines. The Cananea (90 miles north west of the La Sarita) is one of the largest open pit mines in the world and having opened in 1899 one of the oldest in North America. La Caridad includes a copper mine and concentrator, as well as a smelter, refinery and rod plant and is located 35 miles north of La Sarita.

"We are excited to get the La Sarita project underway. The proximity to the La Caridad Mine could be of significant importance to the development of Discovery Ventures La Sarita project" commented David Rees, President of Discovery Ventures Inc.

About Discovery Ventures Inc.

Discovery Ventures Inc explores for and develops gold, silver, and copper mineral deposits in the province of British Columbia, Canada, and Sonora, Mexico. The Company is currently focused on three core assets including the Redbird/Rabbitt claims located in southern British Columbia in the Similkameen Mining Division; The Bralorne claims located in southern British Columbia in the Lillooet Mining Division who's mining camp historic gold production totaled 4.15 million ounces of gold from 52 separate veins; a value at current prices exceeding 5 billion dollars; and the La Sarita mining concessions located 100 miles south of the US/Mexico border, 20 km southeast of the town of Moctezuma

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