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DEF.V ·

Aeri Geophysics Defines Significant Anomaly at San Acacio

Exploration Programs Sampling & Geoscience Results

AERI GEOPHYSICS DEFINES SIGNIFICANT ANOMALY AT

SAN ACACIO

FOR RELEASE: June 18, 2018 TSXV: DEF

OTC: DNCVF

Defiance Silver Corp. (“Defiance”) is pleased to announce the results from a recently completed

geophysics program employing Atomic Energy Resona nce Imaging (“AERI”) 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 (“IP”) target (see Defiance

News Release dated February 28, 2018). The AERI defined the anomaly starting at a depth of

200m and continuing past the detection limit of the technology at 1000m depth. The pipe shaped

anomaly measures 400m in width, 300m in length, and is open at depth. The shape, size and

mineral zonation of the AERI anomaly compares favourably with geophysical images generated

by Capstone Mining on their nearby Cozamin Mine.

“We are excited to have identified a massive target at depth that is coincident with our recently

identified IP anomaly. By employing both IP and revolutionary technologies such as Atomic

Electron Resonance Imaging (AERI), we have begun identifying targets along the un -mined

4.4km extension of the Veta Grande vein. In addition, the use of these technologies allows us to

more cost effectively drill the vein,” stated Peter J. Hawley, President and CEO. “We anticipate

drilling the anomaly in the near future as the size and depth of the anomaly have the potential to

be a game changer for Defiance.”

Figure 1: Long Section -Southeast Extension Surveyed by Atomic Electron Resonance Imaging

Figure 2: Atomic Electron Resonance Image of Target Anomaly at Depth

The Atomic Electron Resonance Imaging technology is a newly developed and recently proven

exploration tool that builds on high-precision 3D mineralization maps that penetrate up to 1000

meters deep. The surveys detect and different iate between precious and ba se metals

mineralization only and w ill not detect tectonic structures, faults or a ny other non -mineralized

zones. The AERI survey increases drilling efficiency by providing 3- Dimensional GPS location

and depth to the target within the accuracy of 5 meters.

Defiance has also accepted Mr. Roger Scammel’s resignation as director of the Company,

effective immediately. The company wishes to thank Mr. Scammel for his service and

dedication to the company and its shareholders and wishes him well in his future endeavors.

About Defiance Silver Corp.

Defiance Silver Corp. (DEF | TSX Venture Exchange; DNCVF | OTC; D4E | Frankfurt) is

a silver explorer and developer advancing the San Acacio Deposit, located in the historic

Zacatecas Silver District of central Mexic o. Defiance is managed by a team of proven mine

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developers with a track record of exploring and developing 7 operating mines to date. Defiance’s

corporate mandate is to expand San Acacio to become one of Mexico’s premier high grade wide

vein silver deposits. A Panoramic Video on the San Acacio Deposit is available on our website.

Mr. Peter J. Hawley, P.Geo. Interim President & CEO, Chairman of the Board to Defiance Silver

Corp, is a Qualified Person within the meaning of National Instrument 43-101, and has approved

the technical information concerning the Company’s material mineral properties contained in

this press release.

On behalf of Defiance Silver Corp.

“Peter J. Hawley”

Interim President & CEO

Chairman of the Board, Director

For more information, please contact: Sunny Pannu – Corporate Development (604) 669 7315 or

via email at [email protected]

2300 - 1177 West Hastings Street www.defiancesilver.com

Vancouver, BC V6E 2K3 Tel: 604-669-7315 Email:[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this rel ease.