Form of Proxy

ELECTION OF DIRECTOR - "MURRAY JOHN"

ELECTION OF DIRECTOR - "INGRID HIBBARD"

ELECTION OF DIRECTOR - "BARRY OLSON"

ELECTION OF DIRECTOR - "ANTHONY MAKUCH"

ELECTION OF DIRECTOR - "LEE HODGKINSON"

ELECTION OF DIRECTOR - "DANIEL VICKERMAN"

TO APPOINT PRICEWATERHOUSECOOPERS LLP, CHARTERED PROFESSIONAL ACCOUNTANTS, AS AUDITOR OF THE COMPANY AND AUTHORIZE THE BOARD OF DIRECTORS OF THE COMPANY (THE "BOARD") TO FIX THEIR REMUNERATION

TO CONSIDER AND, IF THOUGHT ADVISABLE, TO PASS, WITH OR WITHOUT VARIATION, A SPECIAL RESOLUTION OF SHAREHOLDERS APPROVING THE CONTINUATION (THE "CONTINUANCE") OF THE COMPANY'S CORPORATE EXISTENCE FROM BRITISH COLUMBIA'S BUSINESS CORPORATIONS ACT TO ONTARIO'S BUSINESS CORPORATIONS ACT, AS MORE (PLEASE SEE THE ATTACHED LINK FOR MORE DETAILS)

SUBJECT TO AND CONDITIONAL ON THE COMPLETION OF THE CONTINUANCE, TO CONSIDER AND, IF THOUGHT ADVISABLE, TO PASS, WITH OR WITHOUT VARIATION, A SPECIAL RESOLUTION OF SHAREHOLDERS APPROVING CHANGE OF THE CORPORATE NAME FROM "DISCOVERY SILVER CORP." TO "DISCOVERY MINING CORP." (THE "NAME CHANGE RESOLUTION").

SUBJECT TO AND CONDITIONAL ON THE COMPLETION OF THE CONTINUANCE, TO CONSIDER AND, IF, THOUGHT ADVISABLE, TO PASS, WITH OR WITHOUT VARIATION, A SPECIAL RESOLUTION TO AUTHORIZE THE BOARD TO DETERMINE THE NUMBER OF DIRECTORS OF THE COMPANY WITHIN THE MINIMUM AND MAXIMUM NUMBERS SET FORTH IN THE (PLEASE SEE THE ATTACHED LINK FOR MORE DETAILS)