Hemp and Sunflower Seed Production and Distribution Update

MARINA DEL REY, CA / ACCESSWIRE / July 10, 2015 / Discovery Minerals Ltd. (PINKSHEETS: DSCR) (Discovery) Joint venture partner IB-8 is pleased to update Discovery shareholders on their progress on the production and distribution of sunflower and hemp seed snacks. IB-8 has set the retail price of $2.99 for sunflower seeds and $3.99 for hemp seeds. Pre-orders for sunflower seeds are available on the IB-8 web site now. Over 100 pre-orders have already been received, with the average order being $30.00. Pre-orders for hemp seeds will be available soon.

IB-8 believes that this is a promising indicator for the potential success of the Seed Club Membership option. Please check the IB-8 web site for updates at www.i-b8.com.It is estimated that 180,000 bottles of hemp and sunflower seed snacks can potentially be retailed over the next six months. These estimates show the exciting potential gross revenues to be in excess of $600,000. Additionally, the increased number of sales is anticipated to reduce IB-8’s cost of goods by a factor of 10% over the next six months.

About Discovery Minerals LTD.:

Discovery Minerals Ltd., (PINKSHEETS: DSCR) is an acquisition and development company that targets natural resource properties through its subsidiaries. These properties fall within two primary channels, precious metals/mining and industrial hemp. Discovery subsidiaries engage in activities that include the cultivation, product development, and distribution of industrial hemp; Gold, silver and precious metals. In addition, the Company is pursuing clean tech and alternative energy investments to be integrated into these business channels.

About: I-B8

I-B8 is an established boutique sunflower seed snack company known for their seed quality, craftsmanship and unique flavors. Customers who join the I-B8 Seed Club are able to recycle I-B8 packaging in exchange for discounts and free samples of new products at www.i-b8.com.

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 maybe 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.

Contact:

Russell Smith
info@discoveryholdingscorp.com

SOURCE: Discovery Minerals Ltd.

ReleaseID: 430484