Diligence memo · auto-generated · as of July 2, 2026
Discovery Silver Corp
Discovery Silver Corp looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
Discovery Silver Corp operates in Mining & Resources, based in TORONTO.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Discovery Silver Corp has raised $149K in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Pre-Seed (a round under $1.0M).
Largest single filing: $149K on 2023-04-19.
Most recent recorded round closed around 2023-04-19.
Valuation (modeled)modeled
Provath models Discovery Silver Corp at approximately $508K (range $94K–$2.5M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 8% of Mining & Resources peers (701 compared).
Modeled value ranks above 16% of those peers.
Closest niche peers: CMC Metals Ltd., Blueprint Mining I LLC, US Critical Metals Corp., Infinitum Copper Corp., Advanced Gold Exploration Inc..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.