Defiance Strengthens Management Team with New Appointments
DEFIANCE STRENGTHENS MANAGEMENT TEAM WITH NEW
APPOINTMENTS
FOR RELEASE: NOVEMBER 5, 2020 TSXV: DEF
OTC: DNCVF
Vancouver, British Columbia - (Newsfile Corp. – November 5, 2020) - Defiance Silver Corp.
(“Defiance” or the “ Company”) is pleased to announce several appointments to its executive and
management teams, including Mr. George Cavey P .Geo, who has joined the Company as Vice
President, Exploration. Mr. Douglas Cavey is joining as Vice President of Corporate Development and
Senior Technical Advis or along with Ms. Jennifer Roskowski as Principal Geologist. All three
individuals have been an integral part of Defiance’s Advisory Board & Technical Committee since the
appointment of OreQuest Consultants as lead technical advisor in October 2019.
Mr. George Cavey has over 40 years in exploration and consulting as the President of OreQuest
Consultants and is the past President of the Canadian Council of Professional Geoscientists. Mr. Cavey
is a recipient of the EGBC C.J. Westerma n Award (2004) and the Canadian Professional Geoscientist
Award (2010), Canada’s highest honor for a Professional Geoscientist. He has been a consultant to the
BCSC and the TSX Venture Exchange and was a Director and the Vice President, Exploration of Orko
Silver during the discovery of the La Preciosa silver deposit in Mexico which resulted in the subsequent
takeover by Coeur Mining for over $380 million.
Mr. Douglas Cavey is an experienced project developer with a highly sought after and diverse skill set.
Mr. Cavey has been involved in international mineral project asset identification and evaluation,
acquisition due diligence, business development, and management across base and precious metal
projects in North and South America, Tur key, Serbia, and Scandinavia, including many locations in
Mexico.
Ms. Jennifer Roskowski is a highly skilled g eologist and geochemist with over a decade of experience
in the mining industry where her focus has been mineral exploration and mineral project development.
Ms. Roskowski has a deep scientific understanding of mineral system genesis and fundamental
analytical science. Her expertise at evaluating and synthesizin g large exploration datasets and
conducting district-scale exploration target delineation has proven invaluable in the advancement of
both the San Acacio and Tepal projects.
Mr. George Cavey, P.Geo states “ As OreQuest has integrated into the Defiance Silver management
team, we continue to advance the prospective Tepal and San Acacio projects, both of which have
attractive exploration upside. We look forward to drilling San Acacio this year while we advance our
understanding of the geologic sys tem and mineralization controls at Tepal. 2020 was a busy year for
the field teams at OreQuest and Defiance, and we are eager to safely continue the work programs
through the end of this year and into 2021.”
Chris Wright, Executive Chairman & CEO, commented: “We are thrilled to have George, Douglas and
Jennifer join Defiance’s management team . Since OreQuest’s appointment last fall, their team has
completed a systematic review of Defiance’s projects ; they have been successf ul in executing
exploration activities leading to the reinterpretation of key geologic models , and generating several
exciting targets that are now drill ready. Their past experience in finding orebodies is a key asset to our
company moving forward.”
Grant of Stock Options
Defiance has granted incentive stock options to certain directors, officers, employees, and consultants
to purchase up to 2,1 52,500 shares of the Company, under the terms of the Company’s stock option
plan, at an exercise price of $0.59 per share.
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 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
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 responsibility for the adequa cy 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. Defiance Silver Corp . relies upon
litigation protection for forward-looking statements.