Defiance Drills 27 Metres Grading 203 G/T Silver Equivalent
DEFIANCE DRILLS 27 METRES GRADING 203 G/T
SILVER EQUIVALENT
FOR RELEASE: June 8, 2017 TSXV: DEF
OTC: DNCVF
Defiance Silver Corp. (“Defiance”) is pleased to announce the results of the first drill hole from
its ongoing drill program at the San Acacio Silver Project, located in Zacatecas, Mexico. The
drill hole targeted the Esperanza Zone and successfully intersected high grade silver over a width
of 27.03 meters of hydrothermal breccia and veins assaying 202.99 g/t AgEq . This hole has
extended known mineralization to over 85 metres below the current resource.
Results indicate that the Veta Grande Vein system is splitting into multiple veins at depth as
detailed in the table below:
*Reported for comparison only, with no assumptions regarding metal recovery or smelter payments. Prices used are Au: $1210.50 /ounce, Ag:
$16.33/ounce, Cu; $2.80/pound, Pb; $0.83/pound and Zn $0.95/pound. US dollars.
1 Gram = 0.03215074657 Troy ounce
**True Widths are approximately 80% of each intersection
“We are excited that the recently announced drill program has already returned one of the widest
intercepts ever drilled at San Acacio. The results demonstrate that wide vein widths and hig h
grades continue at depth and along strike at the San Acacio Silver Deposit. We look forward to
releasing further results as drilling proceeds along the 1.2 km of historic workings as well as the
newly defined Quartz-Pyrite Breccia target, all which have the potential to substantially increase
the size of the current resource.” said Bruce Winfield, President and CEO of Defiance Silver
Corp.
Two more holes are planned within the Esperanza Zone to test the down dip extension of the
mineralization in diamond drill hole SAD17-12. Additional targets to be tested are the Almaden
Hole # From
(m)
To
(m)
Length
(m)**
Ag,
g/t
Au,
g/t
Cu,
%
Pb,
%
Zn,
%
AgEq,
g/t*
SAD17-12 226.62 253.65 27.03 148.21 0.29 0.02 0.13 0.67 202.99
including 226.62 234.20 7.58 212.91 0.05 0.01 0.06 0.26 230.03
including 238.00 243.00 5.00 230.69 0.51 0.04 0.43 1.68 354.97
including 247.60 253.65 6.05 122.07 0.74 0.01 0.09 1.04 222.59
Zone below previous drilling that returned 8.3m grading 278 g/t AgEq with mineralization open
to depth.
A third target that will be tested is the Quartz -Pyrite Breccia that was discov ered in the
Guadalupe area of the project. The Breccia exhibits signs that it may represent a completely new
system richer in gold and zinc mineralization.
Exploration efforts are being conducted under the direct supervision of Rick Tschauder, B.Sc.
Defiance’s Consulting Geologist. President and CEO Bruce Winfield P.Geo, a qualified person
as defined by NI 43 -101, is responsible for the program and prep aration of the above
information.
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 Zacatecas Silver District of central
Mexico. Defiance is managed by a team of proven mine developers wi th a track recor d 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.
On behalf of Defiance Silver Corp.
“Bruce Winfield”
President and CEO
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]
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this rel ease.