Companies · Mining & Resources

Discovery Silver Corp

TORONTO · Mining & Resources · refined from filed group “Other

Diligence memoA one-page analyst read on Discovery Silver Corp — recommendation, valuation, rhythm, risks.
$149K
Total raised · real
1
Rounds
Latest step-up
Top 93%
Sector rank · raised
Pre-Seed
Latest stage · inferred · Wed Apr 19 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Discovery Silver Corp looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the extractive sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.72× the median modeled value of Pre-Seed Mining & Resources companies in 2022–2024 (80 peers) — value vs value, same stage and era.
  • Within the normal band (72% of peer median) for its niche.
Dormant
  • Last raise 3.2 yr ago; this sector typically re-raises about every 11 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Mining & Resources

Discovery Silver Corp is one of 701 Mining & Resources companies tracked from TORONTO. By capital raised it ranks in the long tail (ahead of 8% of sector peers), and in the long tail by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
2
Investors (latest)
2023-04-19
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$250K$500K$750K$1.0MPre-Seed · 2023-04-19 Raised $149K (real) Modeled valuation $508K (est)$149K$508KPre-Seed2023

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Pre-Seed$149K · 2023

Stages are modeled from round size (public records carry no series label). Ladder is contiguous — every modeled rung has a record.

Modeled valuation trajectory
$508K
Base estimate est.
$94K
Conservative case
$2.5M
Upside case
$827K
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Pre-Seeda round under $1.0M). Valuation is modeled from stage benchmarks scaled by the extractive sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
18%
Dilution assumption
Implied ownership sold in the financing.
28%
Survival probability
11% low · 52% high
1.27×/yr
Annual markup
1.72×/yr upside case
3.2 yr
Elapsed time used
3.2 yr actual, capped for stale marks
extractive
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
3.2 yr
On record since
2023
First round
1
Rounds on file
How it compares to the market

Benchmarked against 701 companies in Mining & Resources. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 0.1× of median
This company$149K
Sector median$2.3M
Latest round — vs other Pre-Seed rounds in sector (real $, this stage) 0.5× of median
This company$149K
Sector median$271K
Modeled value — vs sector median (estimate, all stages) 0.2× of median
This company$508K
Sector median$2.5M

Raised more than 8% of sector peers (real $). Modeled value above 16% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Pre-Seed) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #54 of 80.

This companyCohort peer
$100K$1.0M$10.0M$100K$1.0M$10.0MCapital raised (log)CMC Metals Ltd. · Pre-Seed Raised $815K · modeled $3.7M (est)Blueprint Mining I LLC · Pre-Seed Raised $830K · modeled $3.6M (est)US Critical Metals Corp. · Pre-Seed Raised $819K · modeled $3.6M (est)Infinitum Copper Corp. · Pre-Seed Raised $803K · modeled $3.3M (est)Advanced Gold Exploration Inc. · Pre-Seed Raised $999K · modeled $3.1M (est)Power Metal Resources PLC · Pre-Seed Raised $793K · modeled $2.6M (est)American Metal LLC · Pre-Seed Raised $850K · modeled $2.4M (est)Double Gold Holdings, Inc. · Pre-Seed Raised $900K · modeled $2.4M (est)Silver Bay Seafoods-California, LLC · Pre-Seed Raised $630K · modeled $2.4M (est)Radisson Mining Resources Inc. · Pre-Seed Raised $976K · modeled $2.3M (est)Majuba Hill Copper Corp. · Pre-Seed Raised $622K · modeled $2.0M (est)Bald Eagle Gold Corp. · Pre-Seed Raised $662K · modeled $1.9M (est)Discovery Silver Corp (this company) Raised $149K · modeled $508K (est)Discovery Silver Corp
CompanyStageRaised · realValue · estvs peer med.
CMC Metals Ltd.Pre-Seed$815K$3.7M5.19×
Blueprint Mining I LLCPre-Seed$830K$3.6M5.05×
US Critical Metals Corp.Pre-Seed$819K$3.6M5.05×
Infinitum Copper Corp.Pre-Seed$803K$3.3M4.64×
Advanced Gold Exploration Inc.Pre-Seed$999K$3.1M4.34×
Power Metal Resources PLCPre-Seed$793K$2.6M3.75×
American Metal LLCPre-Seed$850K$2.4M3.45×
Double Gold Holdings, Inc.Pre-Seed$900K$2.4M3.36×
Silver Bay Seafoods-California, LLCPre-Seed$630K$2.4M3.34×
Radisson Mining Resources Inc.Pre-Seed$976K$2.3M3.28×
Majuba Hill Copper Corp.Pre-Seed$622K$2.0M2.88×
Bald Eagle Gold Corp.Pre-Seed$662K$1.9M2.75×
Discovery Silver Corp this companyPre-Seed$149K$508K0.72×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Pre-Seed$149K2023-04-19$827K$508K90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Pre-Seed$149K2023-04-19
    • First recorded raise — entered as Pre-Seed.
    • 2 investors on this round.
Intelligence
Modeled next raise
$238K
Modeled next size est.range $155K$381K
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Anthony Makuch6 other2023-04
Jennifer Wagner4 other2023-04
Murray John3 other2023-04
Anthony Esplin1 other2023-04
Daniel Vickerman1 other2023-04
Forbes Gemmell1 other2023-04
Moira Smith1 other2023-04
Andreas L'Abbe2023-04
Gernot Wober2023-04
Jeff Parr2023-04
Roman Solis2023-04
Registry & provenance

Discovery Silver Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1974630
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Borealis Mining Co Ltd (BC)Mining & ResourcesPre-Seed$156K$341Knetwork1 shared operator · same sector · same stage
Prime Mining Corp.Mining & ResourcesPre-Seed$691K$4.6Mnetwork1 shared operator · same sector · same stage
Magna Terra Minerals Inc.Mining & ResourcesPre-Seed$149K$975Ksame sector · same stage
Nickel North Exploration Corp.Mining & ResourcesPre-Seed$150K$646Ksame sector · same stage
Gaingels Copper 2022 LLCMining & ResourcesPre-Seed$147K$655Ksame sector · same stage
Super Copper Corp.Mining & ResourcesPre-Seed$147K$251Ksame sector · same stage
Reyna Silver Corp.Mining & ResourcesPre-Seed$146K$972Ksame sector · same stage
Enfield Exploration Corp.Mining & ResourcesPre-Seed$145K$681Ksame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Discovery Metals Corp.Mining & ResourcesSeed$6.8M94%
Discovery Exploration Group IncMining & ResourcesPre-Seed$666K88%
Silver X Mining Corp.Mining & ResourcesSeed$4.4M87%
Apollo Silver CorpMining & ResourcesSeed$359K87%
Discovery Harbour Resources Corp.OtherSeed$2.9M86%
Silver47 Exploration Corp.Mining & ResourcesPre-Seed$765K86%
Americas Gold & Silver CorpMining & ResourcesSeries B$34.3M86%
Nevada Silver CorpMining & ResourcesSeed$5.1M85%
Frequently asked
How much funding has Discovery Silver Corp raised?
Discovery Silver Corp has raised approximately $149K in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Discovery Silver Corp's estimated valuation?
Provath's modeled valuation for Discovery Silver Corp is approximately $508K (modeled range $94K–$2.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Discovery Silver Corp at?
Discovery Silver Corp's latest modeled financing stage is Pre-Seed. Its most recent recorded round closed around Wed Apr 19.
What does Discovery Silver Corp do and where is it based?
Discovery Silver Corp operates in the Mining & Resources sector, based in TORONTO.
Explore related

See where Discovery Silver Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Discovery Silver Corp, claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.