Discovery Metals : Changes to Board of Directors

2D4 ecembe2r014

CHANGESTOBOARDOFDIRECTORS

DiscoveryMetalsLimited(ASX/BSED: ML()
DiscoveryMetals , DMLotrhe Companya)nnouncesthefollowing
changetsiotBsoarodDfirector sw, itehffecftromtoday.

AppointmenotMf anagingDirector

TheCompanaynnouncestheappointmenotMf Rr obert (BobF) ulkearsitMs anagingDirectore,ffective fromtoday.
BobiscurrentltyheChieEf xecutiveOfficeortfheCo mpanya,ndwilnlowassumethecombinedroleof
ManagingDirectoarndChieEf xecutiveOfficer. TheCompancyongratulatesBobonthiappointment.
Bob'sremunerationpackagewilrlemainconsistent withthaotutlinedintheCompany's2014Annual
Report.

ResignationoNf on-ExecutiveDirector

MRribsoGnabonowhearsesigneadNas on-Executive DirectoortfhCeompanwy itehffecftromtoday. RibsohnabseedanirectosrincMe a2y008.

ThCeompanwy oulldiktetoaktehiospportunittytohan himthbeesftohrifsuturendeavors.

RkibsofnohricsontributiotntohCeompanaynwd ishes

2D4 ecembe2r014

DISCOVERMY

ETALSBACKGROUND

DiscoveryMetalsisanASX/BSElistedcopperexplorationandprod	uctioncompanyfocusedontheem	ergingKalaharCi opperbelitn
north-wesBt otswanTah.Ceompanicyasoppeprroducer	ait1s00%owneBd osetCooppeOrperation.

The Kalahari Copperbelt sediment-hosted mineralisation of the Boseto Copper Op eration is similar in style to the

well-knownanldargdeepositostfhCeent raAlfricaCnopperbelotZfambiantdh

De emocratiRcepublioctfhCeongo.

DiscoverMy etalhsapsrospectinlgice ncecsoverinagpproximatel2y6,15k0m

inB2 otswana.

FurtheirnformatioontnhCeompaniyncludinMg ineraRleso urceasnOdrReeserveisasvailabloeonuwr ebsite:
www.discoverymetals.com
Fofrurtheirnformationonthis releaseandDiscoverMy etalLsimitedp,leasecontact:
BobFulkeC-r EO Phone+:6173218022E2/ mailB: [e-mail]
KerrPy arkeC-r FOandCompanSy ecretary

Phone+:61732180222
E/ mailK: [e-mail]

Appendix 3X Initial Director's Interest Notice

Appendix 3X Initial Director's Interest Notice

Rule 3.19A.1

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced30/9/2001.

Name of entity Discovery Metals Limited ABN 29 104 924 423

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Robert Stanley Fulker
Date of appointment	24 December 2014

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

1,000,000 fully paid ordinary shares

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3X Page 1

Appendix 3X

Initial Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest. Nil Number & class of Securities Part 3 - Director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Detail of contract	Employment Contract dated 18 September 2014 ‐ appointed as Chief Executive Officer
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
No. and class of securities to which interest relates	N/A

+ See chapter 19 for defined terms.

Appendix 3X Page 2 11/3/2002

Appendix 3Z Final Director's Interest Notice

Appendix 3Z Final Director's Interest Notice

Rule 3.19A.3

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity DISCOVERY METALS LIMITED ABN 29 104 924 423

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	Ribson Champion Gabonowe
Date of last notice	24 February 2012
Date that director ceased to be director	24 December 2014

Part 1 - Director's relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Number & class of securities

1,203,694 fully paid ordinary shares.

+ See chapter 19 for defined terms.

11/3/2002 Appendix 3Z Page 1

Appendix 3Z

Final Director's Interest Notice

Part 2 - Director's relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of interest

Note: Provide details of the circumstances giving rise to the relevant interest

250,000 fully paid ordinary shares (subject to vesting conditions) held by the trustee of Share Plan

Number & class of securities Part 3 - Director's interests in contracts

Detail of contract	Nil
Nature of interest	Nil
Name of registered holder (if issued securities)	Nil
No. and class of securities to which interest relates	Nil

+ See chapter 19 for defined terms.

Appendix 3Z Page 2 11/3/2002