|By Marketwired .||
|January 13, 2014 05:33 AM EST||
RENO, NV -- (Marketwired) -- 01/13/14 -- Discovery Minerals, Ltd. (OTC Pink: DSCR) is pleased to inform its shareholders that its mobile mining application has been submitted to Android and Apple for final approval before the workable beta version is ready to use. The name of the Application is M.I.N.E which stands for "Mineral Industry Network Explorer." The logo and App Icon are currently being finalized and a full launch is expected within the next two weeks.
Russell Smith, Discovery's CEO, stated, "The progress we have made in launching the mining application sets the Company on target to provide a much needed tool which will be beneficial to both Issuers and Investors within the Mining Industry."
Discovery's Chief Operating Officer, Henry Manayan, added, "We are happy to publicly share this app with others which we anticipate will not only bring a better understanding of what we do, but also provide a greater awareness and interest in our world's natural resources."
In addition to its previous announcement regarding the company's option to purchase a royalty interest in a Canadian gold mine, Discovery Minerals has commenced negotiating the option to purchase its second Net Smelter Revenue interest royalty. The details regarding the option agreement will be released in the coming weeks.
About Discovery Minerals Ltd.
Discovery Minerals Ltd. (FRANKFURT: A0LB3X) (Kurzel: D7Z) (OTC Pink: DSCR) is a production stage company formed to acquire and develop natural resource properties. Activities include gold, precious metals and petroleum minerals, including rare earth minerals production and sales. The Company initiated a new program to evaluate undervalued assets, including clean tech and alternative energy investments, for potential addition to its portfolio.
Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.