Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

DEF.V ·

Defiance Receives Long Term Drill Permit at San Acacio

Permits & Approvals

DEFIANCE RECEIVES

LONG TERM DRILL PERMIT AT SAN ACACIO

FOR RELEASE: January 10, 2017 TSXV: DEF

OTC: DNCVF

Defiance Silver Corp (“Defiance” or the “Company”) is pleased to announce that it has received

all the necessary permits to resume drilling on its San Acacio Silver deposit located in Zacatecas

State, Mexico . As per the Company’s release dated September 7, 2016, t he drill permit will

allow for 60,000m of drilling and is valid for a period of 4.5 years.

Over the last few months, as the permitt ing was in process, management has been able to closely

review results from the previous drilling programs to try to get a better understanding of the

nature of the San Acacio deposit. With this review and, the granting of the drilling permit,

Defiance now plans to finalize a drilling program to follow up on the successful results of its

most recent drilling that defined wide zones of mineralization grading in excess of 200 g/t AgEq.

The permit covers drilling below the 1.2km long San Acacio deposit as wel l as along the

underexplored 900m San Acacio Extension where the Veta Grande vein has only been defined to

shallow depths.

“We are very pleased with the granting of this drill permit as it provides long -term certainty to

our exploration efforts to aggress ively expand the San Acacio Silver deposit ”, stated Bruce

Winfield, President and CEO of Defiance Silver Corp. “As one of the more prolific past

producing silver m ines in Mexico, we are hopeful that this work will allow us to increase our

knowledge of the deposit as well as expand the resource.”

Having secured the required surface rights (see press release dated August 23, 2016) and the

necessary drilling permits, Defiance will now finalize its program for the 1.2km of vein strike

length that hosts the Sa n Acacio deposit. The results of this work will ultimately allow the

Company to expand its exploration efforts to the 4.4 km of the vein that has yet to see modern

exploration.

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 Deposi t, located in the historic Zacatecas Silver District of central

Mexico. Defiance is managed by a team of proven mine developers with 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. For more

information on the property or Defiance, please visit Defiance’s website at

www.DefianceSilver.com.

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]

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

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