Defiance Commences Exploration at San Acacio Silver Project
DEFIANCE COMMENCES EXPLORATION AT SAN ACACIO
SILVER PROJECT
FOR RELEASE: JULY 20th, 2020 TSXV: DEF
OTC: DNCVF
Defiance Silver Corp. (“Defiance” or the “ Company”) is pleased to announce that it is
resuming its aggressive field program that includes core re -logging, surface and
underground mapping, geochemistry and surface diamond drilling. To ensure the health and
safety of its employees, contractors, consultants, and the local community, the C ompany is
adopting and integrating rigorous health and safet y proced ures to protect worker and
community exposure risk.
Chris Wright, Executive Chairman & CEO, commented: “ In the past four months of remote
work, and in conjunction with our previous exploration, our understanding of the underlying
mineral systems at our Zacatecas projects has advanced and evolved considerably. Our
geological model has defined a large number of targets outside of our main resource along
the Veta Grande vein that we are preparing for drill testing. After receiving approval from
the Federal Government of Mexico, we are excited to resume field operations at our Mexico
projects with the safety of our team and the local community being the Company’s number
one priority.”
The company previously announced on May 29 th, 2020 several new target s based on
property-scale mapping, 3D modelling, and drill core re -logging and is planning on a
follow-up drill program to test:
1. A 1.3km X 300m corridor where a hanging wall mineralizing event has been
identified in drilling done by Defiance Silver and pr evious operators. Key targets in
this corridor include hanging wall veins parallel to the Veta Grande and offset
hanging wall structures found in the vicinity of the Tiro San Genaro. Significant
mineralization outside of the main Veta Grande structure was outlined by positive
drill results in the vicinity SAD15-08 (Veta Natividad and Veta Grande) both at depth
and along strike between Almaden and Tiro San Genaro. Targets include parallel and
offset structures in the vicinity of previous drilling at El Mirador/Almaden and SAD17-
12/13/14.
2. Deep targets along strike of the Vet a Grande to the immediate south east. This area
was tested late in 2017 and is structurally complicated, consisting of down -dropped
blocks and regional block rotation.
3. “El Mirador,” part o f a multi -kilometer felsic fault structure (La Veta Morada) with
visible silver sulfides that outcrops near previous drilling in the vicinity of the
Almaden Shaft and underground workings. This style of structure has a positive
correlation to regional expl oration and development successes at other nearby
projects.
A drill program is being designed to expand the resource envelope and test mineralization
extents on the Veta Grande and proximal hanging wall and footwall targets.
Please see the company’s news release dated May 29, 2020 for more information.
About Defiance Silver Corp.
Defiance Silver Corp. (DEF | TSX Venture Exchange; DNCVF | OTC; D4E | Frankfurt) is an
exploration company advancing the 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 resou rce
projects Defiance’s corporate mandate is to expand the San Acacio and Tepal projects to
become premier Mexican silver and gold deposits.
Mr. George Cavey, P.Geo, is a Qualified Person within the meaning of National Instrument
43-101 and has approved t he technical information concerning the Company’s material
mineral properties contained in this press release.
On behalf of Defiance Silver Corp.
“Chris Wright”
Chairman of the Board
For more information, please contact: Investor Relations at +1 917 -563-3821 or via email at
www.defiancesilver.com
704 - 595 Howe Street
Vancouver, BC V6E 2K3
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 release.
This news release may contain forward -looking statements including but not limited to
comments regarding timing and content of upcoming work pro grams, 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 mate rially from those currently anticipated in
such statements. Defiance Silver Corp. relies upon litigation protection for forward -looking
statements.