Defiance Provides Exploration and Corporate Update
DEFIANCE PROVIDES EXPLORATION
AND CORPORATE UPDATE
FOR RELEASE: December 12, 2019 TSXV: DEF
OTC: DNCVF
Defiance Silver Corp. (“ Defiance”) is pleased to provide an update of its exploration and corporate
activities. Technical advisors OreQuest Consultants (“OreQuest”) are executing the ongoing exploration
programs at the San Acacio and Tepal Projects.
Exploration Update
George Cavey , P.Geo of OreQuest states: “The Zacatecas camp is one of the major historic mining
districts in Mexico. San Acacio offers a number of intriguing targets. Near-term, the Veta Grande system
has good potential to increase resources. Additionally there are a number o f immediate structural
targets that are being investigated for their potential to host blind structurally-controlled mineralization.
During the field review of the underground workings outside of the main resource area at San Acacio it
was identified that a number of mineralization styles and settings may not have been recognized for
their economic potential. The phase 1 program at San Acacio aims to delineate drill targets that can be
tested in 2020.”
A targeted core re- log and selective re -assay program at both San Acacio and Tepal has been initiated
and will continue through 2020 . Ongoing field exploration at San Acacio has been designed as a
comprehensive program involving surface geochemistry outside of the resource area, systematic
underground mappin g and sampling, detailed structural mapping, regional surface mapping, and
regional targeting. The work program at San Acacio will culminate with a drill program based on the
findings of this campaign. Field crews have been mobilized to the Zacatecas project area.
George Cavey also stated: “We have also begun determining the next steps at Tepal, an Advanced-stage
project with demonstrable resource upside and prospective exploration targets. OreQuest has been
planning a comprehensive exploration program at Tepal that will aim to follow up on high -grade drill
results as seen in drill hole TIZ 11-018 which cut 1.42m of 25 g/t Au and 565 g/t Ag (true width unknown)
which is coincidental with highly anomalous surface geochemistry and a large untested chargeability
anomaly.”
Corporate Update
Defiance announces that Mr. Randy Smallwood has resigned from the Board of Directors and has
instead joined the Advisory Board and will remain on the Technical Committee. Defiance would like to
thank Mr. Smallwood for the years of guidance and support that he has given to the Company, firstly as
a founder of ValOro Resources (previously Geologix Resources) and most recently as a valuable member
of the board of directors of Defiance . Mr. Smallwood stated, “I am pleased with all that we have
accomplished over the years and continue to believe that a tremendous amount of shareholder value
remains to be unlocked at both Tepal and San Acacio. I am looking forward to my continued
involvement with Defiance and working with the team to realize the Company’s full potential. ”
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 s everal
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.
Mr. George Cavey, P.Geo, 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.
“Chris Wright”
Chairman of the Board
For more information, please contact: Investor Relations at +1 917-563-3821 or via email at:
704 - 595 Howe Street,
Vancouver, BC V6E 2K3
Tel: 604-669-7315
www.defiancesilver.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as t hat 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 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 r esults may differ materially
from those currently anticipated in such statements. Defiance Silver Corp. relies upon litigation
protection for forward-looking statements.