Defiance Silver is pleased to announce that it has entered into a loan agreement which allows the Company to borrow up to $700,000. The proceeds provide Defiance with the funding necessary to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico. The Loan is unsecured and will bear interest at the rate of 1% per month, accrued daily. It will mature on the earlier of June 19, 2019, or the date [...]
Defiance Silver is pleased to announce the results from a recently completed geophysics program employing Atomic Energy Resonance Imaging technology. This cutting-edge technology recently completed its proof-of-concept testing resulting in multiple new discoveries in North America. At the San Acacio project, it identified a significant anomaly at depth, coincident with the recently delineated Induced Polarization target [...]
Defiance Silver is pleased to announce that it has entered into a binding agreement to acquire MAG Silver's Zacatecas Silver District holdings. As consideration for the sale, MAG will acquire 5,000,000 common shares of Defiance representing an approximate 5% strategic investment position. Defiance will receive a 100% interest in MAG's Lagartos Project along with a significant regional exploration database covering [...]
Defiance Silver is pleased to announce that it has identified a significant new target at depth at the San Acacio Project in Zacatecas. The large open-ended target covers an area extending over 200 meters in a northwest to southeast direction along the 900-meter under-explored portion of the Veta Grande vein, immediately southeast of the San Acacio deposit. This new target was identified by an Induced Polarization survey [...]
Defiance Silver is pleased to announce the appointment of Mr. Peter J. Hawley as Interim President and CEO. Mr. Hawley is currently the Chairman of the Board, and an integral part of the Defiance team with over 36 years of geological and mining experience spanning grassroots exploration through to development and production. Mr. Peter J. Hawley, BSc, BEng, PGeo, has worked extensively with a large number of intermediate [...]
Defiance Silver Corp. announces the resignation of Mr. Roy Bonnell as Chief Executive Officer and President effective immediately. Defiance has commenced a search for his replacement. A Panoramic Video on the San Acacio Deposit is available on our website, or Click Here to visit our Defiance YouTube Channel. Defiance Silver Corp. is a silver explorer and developer advancing the San Acacio Deposit, located in the historic [...]
Defiance Silver is pleased to announce the commencement of a Phase II, 5,000 meter drill program targeting new high-grade silver shoots along a 900m section of the Veta Grande vein located southeast of the San Acacio Silver Deposit in Zacatecas, Mexico. "We are excited to begin the first systematic drill program testing the Veta Grande vein east of San Acacio. Our geological model indicates that with the Veta Grande [...]
Defiance Silver is pleased to announce results from the final holes of its Phase 1 drilling program including a 3 meter intersection grading 404 g/t AgEq within a longer 10 meter intersection grading 204.65 g/t AgEq. Defiance commenced its 5000m drill program to test the extension of the San Acacio Deposit at depth. Including the final holes, Phase 1 has extended mineralization up to 230 meters below the current resource [...]
Defiance Silver is pleased to announce that, further to its news release of September 25, 2017, it has closed on the final tranche of its private placement of 890,000 Units at a price of $0.30 per Unit for gross proceeds of $267,000. These Units are subject to a four month hold period expiring January 30, 2018. In total, Defiance raised $1,725,000 under its private placement. The proceeds of the private placement will be [...]
Defiance Silver is pleased to announce that it has closed the first tranche of its private placement in the amount of $1,458,000 and issued 4,860,001 Units at a price of $0.30 per Unit. These Units are subject to a four month hold period expiring January 20, 2018. Defiance management and directors have subscribed for a total of 310,000 Units. The proceeds of the private placement will be used by Defiance to commence a [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 15, 2017) - Defiance Silver Corp. ("Defiance" or "Company") (TSX VENTURE:DEF) (OTC:DNCVF), an emerging silver explorer currently advancing the San Acacio Silver Deposit in Zacatecas, Mexico, is pleased to announce that it is closing on a first tranche of $1,254,000 of a non-brokered private placement consisting of up to 7,000,000 units at a price of $0.30 per unit for gross [...]
Defiance Silver is pleased to announce the appointment of Mr. Roy Bonnell to the position of President and CEO. Mr. Bonnell has over 20 years of experience in venture capital investment, finance and mergers & acquisitions. Mr. Bonnell provides Defiance with the financing and management abilities necessary to rapidly advance and grow the San Acacio Silver deposit in Mexico. From 2007-2015, Mr. Bonnell served as President [...]