Defiance Silver Corp. is pleased to announce that it will be commencing a drill campaign on the regional exploration targets at Lucita on the company's Zacatecas project. Drilling is scheduled to commence on or around October 10th and will initially be focused at Lucita South, which includes the Palenque, El Puerto, and the Tahuares vein structures. Figure 1. Overview map of Defiance Silver's Zacatecas District mineral [...]
Defiance Silver Corp. is pleased to provide an update to the ongoing drill program, including the discovery of wide, high-grade zones of mineralization outside of the existing resource area at the San Acacio project in Zacatecas, Mexico. Highlight of Results DDSA-21-48 - Returned very high grades and wide widths of silver in the main zone of the Veta Grande structure, including 20.97m of 144.00 g/t Ag or 179 g/t AgEq [...]
Defiance Silver Corp. is pleased to provide an update to the ongoing drill program at the company's Zacatecas project. The current phase of the drill program has been successful in defining a new zone of mineralization near the Veta Morada fault and further outlining wide zones of mineralization on the Veta Grande vein system at the Zacatecas project. Highlight of Results DDSA-21-40 - Intersected high grade and wide [...]
Defiance Silver Corp. announces it has granted incentive stock options to certain directors and officers to purchase of an aggregate of 1,425,000 common shares of the Company at an exercise price of $0.90 in accordance with the terms of the Company's incentive stock option plan. The Options are exercisable for a ten-year term expiring June 30, 2031 and vest as follows: one-third on the date of grant, one-third twelve [...]
Defiance Silver Corp. is pleased to announce that it has closed the previously announced brokered private placement of 12,777,778 units at a price of C$0.90 per Unit for gross proceeds of C$11,500,000. The Offering was led by Red Cloud Securities Inc. and included Canaccord Genuity Corp. and Jett Capital Advisors. Each Unit consists of one common share of the Company and one half of one common share purchase warrant [...]
Defiance Silver Corp. is pleased to announce that due to significant demand, the Company has increased the size of its previously announced private placement with Red Cloud Securities Inc. to sell up to 12,777,778 units of the Company at a price of C$0.90 per Unit for gross proceeds of up to C$11,500,000. The Company and Red Cloud have further agreed to eliminate the previously disclosed agent's option. Each Unit will be [...]
Defiance Silver Corp. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as lead agent and sole bookrunner on behalf of a syndicate of agents in connection with a best efforts, private placement of up to 8,000,000 units of the Company at a price of C$0.90 per Unit for gross proceeds of up to C$7,200,000. Each Unit will be comprised of one common share of the Company and one [...]
Defiance Silver Corp. is pleased to provide an update to the ongoing drill program, including a newly-discovered zone of mineralization in the heart of the Veta Grande vein system at the Zacatecas silver project. Summary of Results DDSA-21-35 - Intersected high-grade silver, including 1.57 m of 1340 g/t AgEq within a wide intercept of 18.55m of 149 g/t AgEq. DDSA-21-36 - An angled step-out drill hole from DDSA-21-35 [...]
Defiance Silver Corp. is pleased to announce that it has successfully completed an uplisting to the OTCQX Best Market. Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for U.S. and international investors. To qualify for the OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable [...]
Defiance Silver Corp. is pleased to announce that members of the Company's management team will be attending three events during the next several weeks: The Red Cloud 2021 Pre-PDAC Mining Showcase; PDAC 2021; and the Leading Resource Investment Opportunities Event. Red Cloud 2021 Pre-PDAC Mining Showcase Defiance Silver invites you to join management for a presentation followed by Q&A on Friday, March 5th, 2021 at 10:00AM [...]
Defiance Silver Corp. is pleased to announce that it has entered into an option to acquire 1,915 Ha surrounding the Tepal Gold-Copper Project in Michoacán, Mexico. Defiance has agreed to pay the annual concession fees until a production decision has been made, upon which Defiance will pay the vendor USD $2 million for 100% ownership of the mining concessions. Chris Wright, Chairman & CEO of Defiance commented, "The [...]
Defiance Silver Corp. is pleased to announce that Geologix Explorations Mexico, a subsidiary of Defiance Silver Corp., has acquired an option to repurchase the royalty on the company's Tepal project in Michoacán, Mexico from Minera Tepal. The company has the option to acquire the existing 2.5% NSR from Minera Tepal over four years for total consideration of USD $4.85 million. Payments may be accelerated at the option of [...]
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