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DEF.V ·

Defiance Commences Drilling at the San Acacio Silver Project

Exploration Programs

DEFIANCE COMMENCES DRILLING AT THE SAN ACACIO

SILVER PROJECT

FOR RELEASE: DECEMBER 9th, 2020 TSXV: DEF

OTC: DNCVF

Vancouver, British Columbia - (Newsfile Corp. – December 9 th, 2020) - Defiance Silver Corp.

(“Defiance” or the “ Company”) is pleased to report that drilling has commenced on the San Acacio

project in Zacatecas , Mexico. The drill program is planne d as a minimum 5,000 metre program .

Drilling has been prioritized on testing the Veta Grande Vein System in hanging wall structural

offsets; the Veta Grande Structure at depth and blind hanging wall and footwall veins outside of the

known resource and historical mining areas.

Chris Wright, Executive Chairman & CEO, commented: “ We are excited to ramp up our extensive

field exploration campaigns on our Zacatecas projects. Drilling will help guide our geologic modelling

and structural interpretation of the highly prospective Veta Grande Vein System while we continue

to explore and generate new targets. The exploration teams continue to advance our understanding of

the regional geologic setting. This is a structurally complex camp with multiple phases of veining and

mineralization, and we look forward to following up on targets generated from the ongoing

exploration work.”

Drilling is being completed by Major Drilling SA de CV, a globally recognized drilling company with

global operations and importantly, extensive drilling experience in Mexico and Zacatecas state.

COVID-19 Protocols

Defiance has put in place systems and protocols in conjunction with the guidelines outlined by the

government of Mexico , as well as federal, state and local health authorities to ensure safe operating

conditions for the employees, contractors and communities involved with the ongoing exploration

operations at Defiance’s Zacatecas projects.

About Defiance Silver Corp.

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

exploration comp any advancing the ir district-scale San Acacio Deposit, located in the historic

Zacatecas Silver District and the 100% owned Tepal Gold/Copper Project in Michoacán state, Mexico.

Defiance is managed by a team of proven mine developers with a track record of exploring, advancing

and developing several operating mines and advanced resource projects . Defiance’s corporate

mandate is to expand the San Acacio and Tepal projects to become premier Mexican silver and gold

deposits.

On behalf of Defiance Silver Corp.

“Chris Wright”

Chairman of the Board

For more information, please contact: Investor Relations at +1 (604) 343 -4677 or via email at

[email protected].

www.defiancesilver.com

Suite 2900-550 Burrard Street

Vancouver, BC V6C 0A3

Canada

Tel: +1 (604) 343-4677 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 responsibi lity for the adequacy or accuracy of this

release.

This news release may contain forward -looking statements including but not limited to comments

regarding timing and content of upcoming work programs, geological interpretations, receipt of

property titles, potential mineral recovery processes, etc. Forward -looking statements address future

events and conditions and therefore involve inherent risks and uncertainties. Actual results may

differ materially from those currently anticipated in such statements. D efiance Silver Corp. relies

upon litigation protection for forward-looking statements.