Defiance Silver Corp (DEF)

Posted on behalf of Defiance Silver Corp. - Defiance Silver Latest news: (TSXV: DEF) Recently Delivering High-Grade Silver Intercepts in 10,000m Drill Program as It Advances Zacatecas Resource and Permitted Copper Target

At Victoria, the company secured a major milestone in February with SEMARNAT approval of its Informe Preventivo permit, authorizing exploration activities for the next 36 months.

Key Victoria Highlights:

• Drill permit valid for 36 months

• Authorization for up to 89 drill pads

• Approval to construct new access roads

• Advances a large-scale copper-molybdenum target with surface mineralization, widespread hydrothermal alteration, and supportive geophysics

At Zacatecas, Defiance continues to expand and refine its geological model through an ongoing 10,000m drill campaign designed to support an upcoming Mineral Resource Estimate.

Recent drilling highlights include:

• DDSA-25-80: 11.02m grading 125.41 g/t Ag and 0.81 g/t Au, including 1.20m grading 356.00 g/t Ag and 2.15 g/t Au

• DDSA-25-78: 2.14m grading 111.12 g/t Ag, including 0.68m grading 208.00 g/t Ag

• DDSA-25-81: 2.63m grading 111.32 g/t Ag, including 0.26m grading 543.00 g/t Ag

The drilling program continues to validate the Veta Grande geological model, confirm structural continuity, and identify additional mineralized zones across the San Acacio resource area.

https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. - Defiance Silver Latest news: (TSXV: DEF) Recently Delivering High-Grade Silver Intercepts in 10,000m Drill Program as It Advances Zacatecas Resource and Permitted Copper Target

(TSXV: DEF | OTCQX: DNCVF | FSE: D4E) continues to advance a dual-track growth strategy across its copper and silver assets in Mexico, with meaningful progress at both the Victoria Copper Project in Sonora and the Zacatecas Silver Project.

At Victoria, the company secured a major milestone in February with SEMARNAT approval of its Informe Preventivo permit, authorizing exploration activities for the next 36 months.

Key Victoria Highlights:

• Drill permit valid for 36 months

• Authorization for up to 89 drill pads

• Approval to construct new access roads

• Advances a large-scale copper-molybdenum target with surface mineralization, widespread hydrothermal alteration, and supportive geophysics

At Zacatecas, Defiance continues to expand and refine its geological model through an ongoing 10,000m drill campaign designed to support an upcoming Mineral Resource Estimate.

Recent drilling highlights include:

• DDSA-25-80: 11.02m grading 125.41 g/t Ag and 0.81 g/t Au, including 1.20m grading 356.00 g/t Ag and 2.15 g/t Au

• DDSA-25-78: 2.14m grading 111.12 g/t Ag, including 0.68m grading 208.00 g/t Ag

• DDSA-25-81: 2.63m grading 111.32 g/t Ag, including 0.26m grading 543.00 g/t Ag

The drilling program continues to validate the Veta Grande geological model, confirm structural continuity, and identify additional mineralized zones across the San Acacio resource area.

With a fully permitted copper target moving toward drilling and an active silver resource expansion program underway, Defiance is advancing multiple value drivers across two highly prospective Mexican mining districts.

https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. - A new video update with Executive Vice President Doug Cavey lays out where DEF (DEF.v, DNCVF) stands today: drilling the Veta Grande system at San Acacio in Mexico's historic Zacatecas silver district, building toward an updated mineral resource estimate.

The silver setup first. Silver is trading around US$66/oz, off a sharp move lower on the day but coming off a standout year. Cavey's framing is structural, not hype: the market has run a supply deficit for several consecutive years, and most of the world's silver comes out as a byproduct of copper, lead and zinc mines. The why-now is tight supply, durable industrial demand, and few primary-silver names actually advancing a resource into it.

The flagship catalyst is the updated resource. San Acacio sits on Veta Grande, a known, productive vein system in a district that has produced silver for centuries. A 10,000 m diamond drill program began Sept 12, 2025, with 4,039 m reported as of the May 11, 2026 results. Holes are designed to sharpen the geological model and infill poorly drilled zones, feeding the upcoming updated MRE, the defining catalyst Cavey keeps returning to.

Recent high-grade hits (May 11, 2026 NR):

- DDSA-25-80: 1.20 m @ 356.00 g/t Ag + 2.15 g/t Au, within 11.02 m @ 125.41 g/t Ag, 0.81 g/t Au.

- DDSA-25-81: 2.63 m @ 111.32 g/t Ag, including 0.26 m @ 543.00 g/t Ag.

On de-risking, the SEMARNAT Informe Preventivo was received Mar 11, 2026: up to 44 new drill pads and 35 access roads, valid 54 months, opening untested camp targets. A C$16.5M financing closed in February 2026 funds the program.

There is also copper-gold optionality. Cavey flagged Green Earth in Sonora (SEMARNAT approval plus a surface-access agreement for the Victoria target), alongside the Tepal copper-gold project in Michoacán.

With a funded program drilling toward a new resource, fresh permits opening untested ground, and silver's structural deficit as the backdrop, Defiance has the pieces in place for the drill bit to start converting into a number the market can put a value on.

Cavey's complete walk-through is here:

Posted on behalf of Defiance Silver Corp. — DEF.v | DNCVF

Silver is up triple digits in 2026, driven heavily by green-tech industrial demand (solar, EVs, electronics) which now makes up ~60% of its annual consumption.

Defiance Silver Corp. is perfectly positioned, aggressively drilling out its district-scale Zacatecas project in Mexico ahead of a highly anticipated maiden resource estimate at San Acacio.

Key Highlights:

Active 10,000m Drill Program: Over 4,000m completed so far, hitting high-grade intercepts like 11.02m at 125.41 g/t Ag & 0.81 g/t Au (including 1.20m at 356.00 g/t Ag).

Fully Funded: Backed by a strong C$16.5M treasury closed in February 2026 to comfortably fund ongoing operations.

Permits Secured: Recently cleared for up to 44 new drill pads and 35 access roads, opening up massive, previously untested camp targets.

With drilling past the halfway mark and the silver market strengthening, Defiance is prime for a major near-term resource catalyst.

Full Details: https://www.defiancesilver.com/

Posted on behalf of Defiance Silver Corp. — DEF.v

Douglas Cavey, Executive VP of Defiance Silver Corp., recently sat down for an in-depth interview to discuss the current state of the silver market. During the conversation, Cavey broke down how silver surged, corrected, and may have finally established a new price floor amidst ongoing global supply shortages.

Beyond macroeconomic trends, he provided valuable insights into market consolidation and the growing potential for M&A activity within the precious metals sector.

He also emphasized why Mexico remains a critical and highly prospective mining jurisdiction, which aligns with Defiance Silver's strategy to systematically advance its portfolio of silver, copper, and gold projects across the country's premier mineral belts.

See the full video here:

Posted on behalf of Defiance Silver Corp. - Defiance Silver Corp. (DEF.v) recently announced a brokered LIFE offering to raise up to C$8 million, with an agent’s option that could increase gross proceeds to C$10 million, to support exploration and resource development across its Mexican project portfolio. Proceeds are expected to fund exploration at San Acacio and Tepal, work toward a maiden mineral resource at San Acacio, option payments on the Tepal Gold-Copper Project, and general working capital. The financing follows several recent developments, including a six-year surface rights agreement at Tepal, renegotiated terms to acquire a 2.5% NSR royalty on Tepal, an extension of the San Acacio option agreement to June 2026, and Defiance’s continued pursuit of Green Earth Metals Inc., which holds three copper-gold-silver projects in Sonora. Full news here:
https://www.newsfilecorp.com/release/254532/Defiance-Silver-Corp.-Announces-Brokered-LIFE-Offering-for-Gross-Proceeds-of-up-to-C8-Million

Posted on behalf of Defiance Silver Corp. — DEF.v; DNCVF

Last month, Defiance Silver released high-grade assay results from its ongoing 10,000-meter drill campaign at the Zacatecas Project in Mexico.

Looking ahead, the company will utilize this drilling data to support an updated Mineral Resource Estimate at Zacatecas, while simultaneously advancing its Tepal project toward a Preliminary Economic Assessment and delineating targets for an initial drill campaign at the Green Earth project.

Defiance Silver's projects encompass a district-scale pipeline across Mexico's premier mineral belts, featuring the advanced-stage Zacatecas silver and Tepal copper-gold projects, alongside the newly acquired, drill-ready Green Earth copper-gold asset in Sonora.

See the drill results here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. — DEF.v; DNCVF

Defiance Silver Corp.'s Executive Vice President Douglas Cavey recently sat down to discuss the company's ongoing exploration and development strategy across its Mexican project portfolio.

The interview highlighted the strategic positioning of the flagship Zacatecas silver project, noting its massive 4,300-hectare footprint situated in close proximity to major producing mines operated by Capstone Mining and Fresnillo.

Recent assay results successfully confirmed the lateral and vertical extension of known mineralized structures, highlighted by a strong intercept of 1.20 meters grading 356 g/t silver and 2.15 g/t gold within a broader 11-meter mineralized zone.

These continued results are providing the data needed to validate the current geological model ahead of an upcoming Mineral Resource Estimate.

Watch the interview here:

Posted on behalf of Defiance Silver Corp. — DEF.v

Defiance Silver Corp. recently reported results from 1,486 metres of drilling at its Zacatecas Project, designed to confirm the extension of known mineralized structures ahead of an upcoming Mineral Resource Estimate.

Highlights from the campaign include drillhole DDSA-25-80, which intersected 1.20 metres grading 356.00 g/t silver and 2.15 g/t gold within a wider 11.02-metre interval of 125.41 g/t silver.

Additional drilling from holes DDSA-25-78 and DDSA-25-81 successfully confirmed the continuity of the Veta Grande system and its hanging wall splays, returning high-grade pockets of up to 208.00 g/t and 543.00 g/t silver respectively.

To date, the company has officially reported 4,039 metres of its ongoing 10,000-metre diamond drill program.

Full NR here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. - Defiance Silver Hits High-Grade Silver-Gold in Aggressive 10,000m Drill Program – Advancing Major Resource Expansion at Zacatecas

(TSXV: DEF | FSE: D4E) reported additional high-grade silver and gold results from its 10,000-metre drill program at the Zacatecas Project, further refining the Veta Grande structural model ahead of an updated Mineral Resource Estimate.

https://www.reddit.com/r/BreakoutStocks/comments/1tu4dvl/defiance_silver_hits_highgrade_silvergold_in/

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF

The British Royal Mint recently reported unprecedented demand for precious metals early in the year, with online bullion transactions reaching an all-time high. Silver was the standout performer between January and March, seeing a massive 1,000% jump in sales.

Despite recent price volatility, customer sentiment remains firmly bullish; investors are currently purchasing two ounces of silver for every ounce sold back as they take a longer-term view on the metal's upward trajectory and its role as an essential hedge against inflation.

Against this backdrop of record-breaking physical demand, primary explorers like Defiance Silver are exceptionally well-positioned to capitalize on the market's need for future supply. The company is actively executing a 10,000-metre drill program designed to expand the historical resource area at its highly prospective Zacatecas Project in Mexico.

The exploration team recently confirmed the extension of known mineralized structures at the project, returning massive intercepts including 1.20 metres of 356.00 g/t silver and 2.15 g/t gold, which was hosted within a broader 11.02-metre interval grading 125.41 g/t silver and 0.81 g/t gold.

View Defiance Silver’s Corporate Presentation: https://www.defiancesilver.com/news
View the silver article here: https://www.kitco.com/news/article/2026-05-26/royal-mint-sees-record-gold-silver-bullion-sales-between-january-and-march

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF

Defiance Silver is aggressively advancing its Zacatecas Project in Mexico, pulling high-grade silver and gold intercepts as the company progresses toward an updated Mineral Resource Estimate.

Drill hole DDSA-25-80 returned a massive 1.20 metres of 356 g/t silver and 2.15 g/t gold, hosted within a broader 11.02-metre interval grading 125.41 g/t silver and 0.81 g/t gold.

This latest batch of assays is part of an ongoing 10,000-metre diamond drill campaign designed to confirm both lateral and vertical extensions of known mineralized structures.

Beyond infill drilling, the exploration team is successfully testing hanging wall and footwall splays of the prolific Veta Grande system to refine their structural model and unlock additional district-scale upside.

View the full NR here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF

In addition to the district-scale Zacatecas project, Defiance Silver is working to unlock massive, overlooked value across a growing pipeline of district-scale copper and gold projects.

In a recent interview, Executive VP Douglas Cavey detailed this aggressive growth strategy, highlighted by major advancements at the Tepal copper-gold project—an advanced asset that already hosts a massive resource of 1.8 million ounces of gold and 813 million pounds of copper.

The company recently secured a landmark first-ever surface access agreement at Tepal, paving the way for a highly anticipated Mineral Resource Estimate and PEA update.

Additionally, Defiance is targeting the newly acquired Victoria porphyry project in Sonora, where the fully funded exploration team plans to launch a maiden drill campaign within the next 12 months.

View the full interview here:

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF
Defiance Silver recently released strong results, returning up to 356 g/t silver and 2.15 g/t gold from its ongoing 10,000-metre drill campaign at the Zacatecas Project.

Located in the prolific Mexican Silver Belt, this massive 4,217-hectare, district-scale project is an advanced exploration asset that already boasts over 55,000 metres of historic drilling.

Looking forward, the company's primary goal is to deliver an updated Mineral Resource Estimate (MRE) for the San Acacio target.

Armed with a newly acquired drill permit allowing for 44 new pads, the exploration team is aggressively drilling the main Veta Grande vein system to infill poorly tested zones and expand the overall resource footprint.

With a steady flow of drill results expected throughout 2026, Defiance is systematically advancing the project and outlining significant upside across this historic, high-grade silver camp.

View the in depth drill results here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. - (TSXV: DEF | FSE: D4E) reported additional high-grade silver and gold results from its 10,000-metre drill program at the Zacatecas Project, further refining the Veta Grande structural model ahead of an updated Mineral Resource Estimate.

Headline Intercepts

• 1.20m of 356 g/t Ag and 2.15 g/t Au, within 11.02m grading 125.41 g/t Ag and 0.81 g/t Au

• 2.14m of 111.12 g/t Ag, including 0.68m of 208 g/t Ag

• 2.63m of 111.32 g/t Ag, including 0.26m of 543 g/t Ag

The latest results (1,486m reported; 4,039m completed to date) confirm structural continuity within the Veta Grande system and validate key aspects of the geological model across the NW, Central, and SE fault-bounded blocks.

Drilling has demonstrated well-developed vein systems at depth in the SE Block, confirmed historical intercepts through twinning, and identified high-grade mineralization within hanging wall splays.

With structural segmentation better defined and high-grade shoots emerging within targeted zones, Defiance continues to systematically build technical confidence in the San Acacio resource area.

Full drill details and geological context: https://www.reddit.com/r/PennyStocksCanada/comments/1taig7e/highgrade_silvergold_hits_defiance_silver_tsxv/

Posted on behalf of Defiance Silver Corp. - DEF.v

Along with recent drill results, Defiance Silver has provided a detailed geological update from its ongoing 10,000-metre drill program at the Zacatecas Project.

The company is actively working to improve the main Veta Grande structural model and infill poorly drilled zones ahead of an upcoming Mineral Resource Estimate.

Key structural takeaways from the recent drilling include:
- Defining Structural Blocks: The company has successfully identified three distinct structural blocks—the NW, Central, and SE Blocks—delimited by major faults that have caused vein displacements of between 15 and 30 metres.
- Confirming Depth Potential: Drilling within the SE Block successfully cut a wide interval of the Veta Grande system, proving that the vein and its hanging wall splays remain well-developed at depth.
- Twinning Historic Holes: The team successfully twinned a historical drill hole to target the near-surface structure, effectively confirming the previously reported thickness and grades.
- Infilling Information Gaps: Additional holes were strategically designed to test down-dip extensions and infill historical information gaps, providing critical data on how fault zones have displaced the vein.

View the full NR here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. - DEF.v
Defiance Silver recently released drill results from their ongoing 10,000-metre program at the Zacatecas Project.
The core objective of this campaign is to collect vital data to validate the geological model ahead of an upcoming Mineral Resource Estimate.

Beyond the assay numbers, the company highlighted several key structural advancements being made at the San Acacio historical resource area:
- Redefining the Structure Through surface mapping and targeted drilling, the technical team has successfully identified at least three distinct structural blocks—the NW, Central, and SE Blocks—along the main Veta Grande structure.

- Mapping Displacements These newly defined blocks are separated by major fault lines (the San José and San Genaro faults). The team estimates that these faults have caused vein displacements between 15 and 30 metres, which is a critical piece of the puzzle for accurate resource modeling.

- Infilling and Confirming Recent drilling successfully targeted historic information gaps and tested hanging wall splays. Notably, the team twinned a historical drill hole to successfully confirm near-surface thickness and grades, while other holes proved that the Veta Grande system remains well-developed at depth within the SE Block.

View the full NR here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Posted on behalf of Defiance Silver Corp. - High-Grade Silver-Gold Hits: Defiance Silver (TSXV: DEF) – 356 g/t Ag Intercepts Accelerate Zacatecas Resource Upgrade

(TSXV: DEF | FSE: D4E) reported additional high-grade silver and gold intercepts from its ongoing 10,000-metre drill program at the Zacatecas Project, advancing structural understanding ahead of an updated Mineral Resource Estimate.

https://www.reddit.com/r/PennyStocksCanada/comments/1taig7e/highgrade_silvergold_hits_defiance_silver_tsxv/

Posted on behalf of Defiance Silver Corp. - DEF.v Defiance recently provided an update on the current drilling campaign at the Zacatecas Project.

The campaign was designed to confirm the extension of the known mineralized structures both laterally and vertically as well as to validate the current geological model that will be used for the upcoming Mineral Resource Estimate.

This release contains results from holes: DDSA-25-78 through DDSA-25-81, representing 1,486m of drilling. A total of 4,039m of the 10,000m diamond drill program has been reported to date.

Highlights:
- DDSA-25-80 returned 1.20m of 356.00 g/t Ag and 2.15 g/t Au (from 106.85m to 108.05m) hosted within a larger interval of 11.02m (100.78m to 111.80m) grading 125.41 g/t Ag and 0.81 g/t Au.
- DDSA-25-78 returned a 2.14m interval grading 111.12 g/t Ag from (267.96m to 270.10m). including 0.68m of 208.00 g/t Ag (268.65m to 269.33m).
- DDSA-25-81 returned 2.63m of 111.32 g/t Ag (from 417.12m to 419.75m) including 0.26m of 543.00 g/t Ag (from 417.12m to 417.38m).

As the 10,000-metre program progresses, Defiance expects to report a steady flow of assay results throughout 2026. This ongoing drilling is primarily focused on the Veta Grande vein system and will directly support a highly anticipated, updated Mineral Resource Estimate for the San Acacio deposit.

View the full NR here: https://www.defiancesilver.com/news/defiance-silver-drilling-returns-up-to-356-g-t-ag-and-2-15-g-t-au-in-additional-silver-and-gold-structures

Defiance Silver Drilling Returns up to 356 g/t Ag and 2.15 g/t Au in Additional Silver and Gold StructuresMay 11, 2026 1:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - May 11, 2026) - Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) ("Defiance" or the "Company") is pleased to provide an update on the current drilling campaign at the Zacatecas Project. The campaign was designed to confirm the extension of the known mineralized structures both laterally and vertically as well as to validate the current geological model that will be used for the upcoming Mineral Resource Estimate. This release contains results from holes: DDSA-25-78 through DDSA-25-81, representing 1,486m of drilling. A total of 4,039m of the 10,000m diamond drill program has been reported to date.HIGHLIGHTS OF RESULTSDDSA-25-80 returned 1.20m of 356.00 g/t Ag and 2.15 g/t Au (from 106.85m to 108.05m) hosted within a larger interval of 11.02m (100.78m to 111.80m) grading 125.41 g/t Ag and 0.81 g/t Au.DDSA-25-78 returned a 2.14m interval grading 111.12 g/t Ag from (267.96m to 270.10m). including 0.68m of 208.00 g/t Ag (268.65m to 269.33m).DDSA-25-81 returned 2.63m of 111.32 g/t Ag (from 417.12m to 419.75m) including 0.26m of 543.00 g/t Ag (from 417.12m to 417.38m).Overview Map of Drill LocationsFigure 1. Overview Map of Drill Locations. Plan map of the San Acacio project area. Drill holes reported in this release are shown with yellow collars and traces, with selected highlights in boxes. Coordinates are in UTM WGS84 Zone 13N.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2950/296839_d764ff98d4e38890_001full.jpgSimplified Cross Section, Looking NW, with New Results from Hole DDSA-25-80Figure 2. DDSA-25-80 Simplified Cross Section, looking NWTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2950/296839_d764ff98d4e38890_002full.jpgTable of ResultsTable 1. Table of Results. True thickness is assumed to be 50% - 80% of downhole width.To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2950/296839_d764ff98d4e38890_003full.jpgDISCUSSION OF RESULTSDefiance announced the start of the drill program on September 12, 2025. This release includes 1,486m of drilling as part of a minimum 10,000m drill program designed to collect additional data in the San Acacio historical resource area. These holes were designed to improve the main Veta Grande structural model and to infill poorly drilled zones, as well as to test both hanging wall and footwall splays of the Veta Grande system, including the Veta Navidad. Through surface mapping and drilling, the company has identified at least 3 blocks on the main Veta Grande structure. These blocks are delimited by major N-NW striking faults, where displacement of the veins, mineralization styles, and hanging wall splays occurred. The displacement of the veins and vein structures in the main resource area can be estimated between 15 and 30m. The current blocks are being delimited by the San José and San Genaro faults. Systems are named as follows: the NW Block, Central Block and SE Block. The NW block includes Carolina and Almadén pits; the Central block includes Esperanza and part of Guadalupe pits; and the SE block includes part of Guadalupe area to Refugio-Tiro Intermedio area. Drillhole DDSA-25-78 was designed to test the continuity of the Veta Grande and hanging wall splays in the SE Block of the Resource Area, between drillholes DDSA-23-67 and DDSA-21-41. The hole cut a wide interval of well-developed Veta Grande vein and veinlet arrays on the hanging wall with some significant grades.Drillhole DDSA-25-79 targeted an information gap between historical drillholes SAD95-21 and SAD95-22 about 60m below surface. This drillhole encountered the projection of the mapped vein previously intersected by the holes described above; however, at this level the vein is broken, missing, and displaced by a fault zone.Drilling of these two drillholes confirms that, in this area of the SE Block, Veta Grande is well developed, especially at depth. In the very limited drilling done to date, this zone carries low-grade mineralization; however, the existence of significant grades was confirmed in narrow hanging wall structures.Drillhole DDSA-25-80 is a twin of SAD95-16. Drillhole SAD-17-12 intersected a wide interval of mineralization that wasn't intercepted on drillhole SAD95-16, therefore it was suspected the drillhole might have fallen short. Drillhole DDSA-25-80 targeted the near-surface Veta Grande structure, and the thickness and grades reported in the historical drillhole SAD-17-12 were confirmed.Drillhole DDSA-25-81 was intended to test the downdip extension of mineralization intersected in drillhole DDSA-22-52. This drillhole intercepted a narrow, low-grade interval in Veta Grande, as well as some narrow veins and veinlet zones on the hanging wall. Collar Information for Reported Drill Holes:Table 2. Drill collar details. All coordinates in WGS84 UTM Zone 13NTo view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/2950/296839_d764ff98d4e38890_004full.jpgDISCUSSION OF QA/QC AND ANALYTICAL PROCEDURESamples were selected based on the lithology, alteration, and mineralization characteristics; sample size ranges from 0.25 – 2m in width. All altered and mineralized intervals were sent for assay. One blank, one standard, and one duplicate were included within every 20 samples. Standard materials are certified reference materials [CRMs] from OREAS and CDN that contain a range of Ag, Au, Cu, Pb, and Zn values. Blanks, standards, and duplicates did not detect any issues with the analytical results.Samples were analyzed by ALS Chemex Laboratories. Sample preparation was performed at the Zacatecas, Mexico, prep facility, and analyses were performed at the Vancouver, Canada, analytical facility. All elements except Au and Hg were analyzed by a multi-element geochemistry method utilizing a four-acid digestion followed by ICP-MS detection [ME-MS61m]; mercury was analyzed after a separate aqua regia digest by ICP-MS. Overlimit assays for Ag, Pb, and Zn were conducted using the OG62 method (multi-acid digest with ICP-AES/AAS finish). Gold was measured by fire-assay with an ICP-AES finish [50g sample, Au-ICP22].ABOUT DEFIANCE SILVER CORP.Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) is an exploration company focused on advancing district-scale precious and base metal projects in Mexico. The Company's portfolio includes: The Zacatecas Project in the historic Zacatecas Silver District, the 100%-owned Tepal Gold-Copper Project in Michoacán, and the Green Earth Metals property portfolio in Sonora State. Defiance is led by a proven management and technical team with experience advancing exploration assets through discovery and development. The Company is committed to capital-efficient exploration, disciplined growth, and responsible development.On behalf of Defiance Silver Corp."Chris Wright"Chairman of the BoardFor more information, please contact:
Investor Relations at +1 (604) 343-4677 or email at info@defiancesilver.com
www.defiancesilver.comSuite 2900-550 Burrard Street
Vancouver, BC V6C 0A3, Canada
Tel: +1 (604) 343-4677
Email: info@defiancesilver.comQualified Person Statement
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.Disclaimer
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.Caution Regarding Forward-Looking Information
Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward looking information. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information. These forward-looking statements relate to, among other things: the Company's expectations regarding the ability of the Mining Bureau of Mexico City to reinstate ownership of the concessions to the Company, cooperation with the Mining Bureau relating to such reinstatement and the potential for any successful solution resulting therefrom.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Defiance, are inherently subject to significant technical, political, business, economic and competitive uncertainties, and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or events to differ materially from current expectations include, among other things: the inability of the Company to regain possession of its concessions; political risks associated with the Company's operations in Mexico; the failure of the Mining Bureau in Mexico City to take any coercive action to reinstate ownership of the concessions to the Company; and the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis for its quarter ended February 29, 2024, available on SEDAR at www.sedarplus.ca.
There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and unknown could cause actual results, performance, or achievements to vary or differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered carefully when making decisions with respect to Defiance, and prospective investors should not place undue reliance on forward looking information. Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296839 Original: Defiance Silver Drilling Returns up to 356 g/t Ag and 2.15 g/t Au in Additional Silver and Gold Structures

Defiance Silver (TSXV: DEF) interview summary: Early-Stage Silver Upside at San Acacio – Updated Resource, Drill Permits & Multi-Commodity Portfolio in Top Mexican Districts
Posted on behalf of Defiance Silver Corp. - is advancing a diversified, multi-asset strategy across silver, gold, and copper, designed to maximize shareholder returns while preserving strategic flexibility.

The Company’s near-term focus is an updated resource at Santa Casiro, supported by internal development studies. Across the broader portfolio, Defiance is systematically de-risking assets to create multiple value pathways — including joint ventures, asset sales, or potential development decisions.

On the copper front, Tepal (~1B lbs Cu) anchors a longer-term growth strategy, with additional pipeline depth from the Green Earth Metals assets. Recent permitting progress strengthens development visibility.

Operating in established Mexican districts such as Zacatecas, Defiance benefits from strong jurisdictional fundamentals amid ongoing sector consolidation.

With resource updates, technical studies, and advancing copper and silver strategies underway, Defiance is positioning itself as an M&A-ready platform aligned with tightening global supply dynamics.

Full breakdown: https://www.reddit.com/r/Penny_Stocks_Canada/comments/1t3w71a/defiance_silver_ignites_earlystage_silver_upside/

Correction: Supposed to be 6.6% insider ownership not 18%

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF

In a recent interview, Defiance Silver Executive VP Douglas Cavey outlined the company's aggressive strategy to build a multi-commodity portfolio. Backed by a strong 18% insider ownership, the management team is highly aligned with shareholders as they work to unlock major value in a rising metals market.

Cavey emphasized the company's continued confidence in Mexico as a premier mining jurisdiction, pointing to their flagship silver asset in Zacatecas state.

Alongside their advanced Tepal project, Defiance recently integrated the Green Earth Metals portfolio. This new addition includes the Victoria asset in Sonora, where the team has already successfully permitted 88 drill pads.

Watch the full interview here:

Posted on behalf of Defiance Silver Corp. -Defiance Silver Ignites Early-Stage Silver upside in Zacatecas – Resource Update Coming Soon

DEF is advancing a diversified, multi-asset strategy designed to maximize shareholder returns across silver, gold, and copper.

https://www.reddit.com/r/BreakoutStocks/comments/1t3xehf/defiance_silver_ignites_earlystage_silver_upside/

Posted on behalf of Defiance Silver —Joining Axino Capital, Defiance Silver's (DEF.v DNCVF) Executive VP detailed the current silver market backdrop, DEF's multi-commodity growth strategy, and how ongoing project de-risking is positioning the portfolio for potential M&A and long-term value creation:

He highlighted a stabilizing silver price environment underpinned by supply deficits, alongside DEF's focus on advancing and diversifying its asset base to capitalize on both market strength and consolidation opportunities.

Posted on behalf of Defiance Silver Corp. - DEF; DNCVF In a recent interview, Defiance Silver Executive VP Douglas Cavey shared his insights on the shifting metals market, noting that fundamental supply shortages are establishing a new, sustainable floor for silver.

To capitalize on these looming deficits across the broader market, Defiance is actively advancing a multi-commodity pipeline, systematically de-risking both its flagship silver project and its newly acquired copper-gold assets.

By aggressively advancing and permitting this diverse portfolio, Defiance is perfectly positioning itself as a prime candidate for consolidation in the next phase of the metals cycle.

Watch the full interview here:

Posted on behalf of Defiance Silver Corp. - Defiance Silver: Early-Stage Silver-Gold Explorer Advancing Resource Growth and M&A Optionality in Mexico

DEF is positioning itself at the intersection of a strengthening silver market and an accelerating M&A cycle.

In a recent interview, Executive VP Douglas Cavey suggested silver may have established a new structural floor after correcting from above US$100 into the US$70–80 range.

He pointed to a persistent supply deficit, a tighter gold-silver ratio (~65), and growing sector consolidation as constructive signals.

Defiance’s share price responded strongly during the rally (C$0.52–0.55 range), reflecting leverage to higher silver prices.

Strategically, the company is:

• Advancing an updated resource at San Acacio (Zacatecas)

• Evaluating internal production pathways

• Diversifying into copper and gold

• Incrementally de-risking assets to enhance M&A optionality

With ~18% insider ownership and assets in a proven jurisdiction like Mexico, management believes Defiance is well positioned as either a development story or a strategic acquisition candidate.

Bottom line: If silver’s deficit-driven cycle continues, companies combining resource growth, jurisdictional strength, and M&A readiness may offer asymmetric upside.

Posted on behalf of Defiance Silver Corp. - Defiance Silver (DEF.v DNCVF) recently received SEMARNAT approval for a 54-month drill permit at its San Acacio project. The authorization allows up to 44 drill pads and 35 access roads, expanding access to underexplored targets beyond the main Veta Grande mine levels to support resource growth in the world-class Zacatecas Silver District. Full update here: https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. (TSXV: DEF | OTC: DNCVF) has secured a key environmental permit that materially expands its exploration runway at the Zacatecas Silver Project in Mexico.

Strategic implications:

Exploration at San Acacio has historically focused on known vein systems and past-producing areas. With surface access now secured, Defiance can transition toward testing new targets across the district, potentially expanding the current resource base.

CEO Chris Wright emphasized the shift toward “never-before-tested targets,” highlighting the opportunity to evolve beyond legacy zones into a broader discovery-driven program.

https://www.reddit.com/r/CNDpennystockbets/comments/1stv3lz/debtfree_access_secured_defiance_silver_launches/

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF While the market eagerly awaits the next batch of assays, Defiance Silver remains active behind the scenes.

According to their latest corporate presentation, the company is quietly advancing a long-term pipeline of highly prospective projects across Mexico's premier mineral belts through systematic geoscience and disciplined exploration.

Key Upcoming Catalysts
- Zacatecas Drill Program: The company's 10,000-metre drill campaign is ongoing, with a steady stream of results expected throughout 2026. This drilling is primarily focused on targets in and around the Veta Grande vein system to support an upcoming Mineral Resource Estimate (MRE).
- Green Earth Drill Campaign: Having secured surface access and a new drill permit in February 2026, the team is actively delineating targets to guide a data-driven initial drilling campaign at this highly prospective copper-gold project.
- Tepal Advancement: Defiance is pushing the multi-deposit Tepal copper-gold project toward a Preliminary Economic Assessment (PEA) by undertaking a new LiDAR topographic survey and completing further resource infill and expansion drilling.

Armed with multiple fully-permitted projects and an ongoing drill program, Defiance Silver offers investors a catalyst-rich pipeline focused on significant resource expansion and new mineral discoveries in the months ahead.

View the full corporate presentation here: https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. - DEF.v; DNCVF Last month, Defiance announced that Mexico's SEMARNAT approved a critical 54-month environmental permit for the San Acacio project in Zacatecas, allowing for up to 44 new drill pads and 35 access roads to aggressively test targets where exploration has seldomly occurred.

Now, looking forward, they are actively advancing their ongoing 10,000-metre drill program. Having already reported initial high-grade results in Q1, the company expects to release a steady stream of additional drill results as they become available throughout the rest of the year.

This expanded exploration push builds perfectly on the momentum of their first-ever drill program at the adjacent Lucita property, which recently delivered exceptional results over a 4-kilometre strike length—including massive hits of up to 3,260 g/t silver and the discovery of a brand-new blind silver system.

View their full corporate presentation here: https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. Debt-Free Access Secured: Defiance Silver Launches Aggressive Hunt for New High-Grade Silver Discoveries Across Undrilled Veta Grande Corridor

(TSXV: DEF | OTC: DNCVF) has secured a key environmental permit that materially expands its exploration runway at the Zacatecas Silver Project in Mexico.

The 54-month approval from SEMARNAT authorizes up to 44 drill pads and 35 access roads at the San Acacio project—unlocking access to large portions of the district that have seen little to no modern exploration.

Why this matters:

• Expanded drill footprint: Enables step-outs beyond historical mine levels and access to previously untested targets

• District-scale upside: Opens up the broader Veta Grande camp, where significant portions remain undrilled

• Long-duration permit: 54-month timeline supports sustained, systematic exploration

https://www.reddit.com/r/SmallCap_MiningStocks/comments/1skp14t/debtfree_access_secured_defiance_silver_launches/

Posted on behalf of Defiance Silver Corp. – Defiance Silver (DEF.v DNCVF) recently received a 54-month permit for its San Acacio project in Zacatecas, Mexico, allowing the construction of 44 drill pads & 35 roads, expanding drilling access to underexplored areas and never-before-tested targets to support resource growth. Full update summary⬇️
https://www.reddit.com/r/CanadaStocks/comments/1seej8k/defiance_silver_corp_defv_dncvf_advances/

Posted on behalf of Defiance Silver Corp. Debt-Free Access Secured: Defiance Silver Launches Aggressive Hunt for New High-Grade Silver Discoveries Across Undrilled Veta Grande Corridor

(TSXV: DEF | OTC: DNCVF) has secured a key environmental permit that materially expands its exploration runway at the Zacatecas Silver Project in Mexico.

https://www.reddit.com/r/SmallCap_MiningStocks/comments/1skp14t/debtfree_access_secured_defiance_silver_launches/

Posted on behalf of Defiance Silver Corp. -Defiance Silver: SEMARNAT Greenlights Up to 89-Pad Drill Program at Large-Scale Victoria Cu-Mo Target in Sonora

(TSXV: DEF | FSE: D4E) has received environmental authorization from Mexico’s SEMARNAT to begin exploration drilling at the Victoria target within its Green Earth Project in Sonora, Mexico.


https://www.reddit.com/r/CanadaStocks/comments/1sh4v9h/defiance_silver_semarnat_greenlights_up_to_89pad/

Posted on behalf of Defiance Silver Corp. (DEF.v) Last month, Defiance secured a major environmental permit to significantly expand its drill footprint at the world-class Zacatecas Silver Project in Mexico.

The newly approved 54-month permit authorizes the construction of up to 44 new drill pads and 35 access roads at the San Acacio project.

This clears the way for the company to step out from historical mine levels and aggressively drill completely untouched targets.

With this crucial surface access secured, the market is now looking forward to the release of results from the ongoing drill program.

"We look forward to evolving our resource drilling program to include the significant exploration potential of these never-before-tested targets in the Veta Grande camp within the world-class Zacatecas Silver District," stated CEO Chris Wright.

View the full corporate presentation here: https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. – Defiance Silver (DEF.v DNCVF) has secured a 54-month SEMARNAT permit for its San Acacio project in Zacatecas, enabling up to 44 drill pads & 35 access roads. CEO Chris Wright highlighted that the company is looking "forward to evolving our resource drilling program to include the significant exploration potential of these never-before-tested targets in the Veta Grande camp within the world-class Zacatecas Silver District.”
https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. - DEF.v Last month, Defiance Silver secured a crucial environmental drill permit for its Zacatecas Silver Project, clearing the way for a major exploration program in one of Mexico's most prolific mining districts.

The newly approved 54-month permit authorizes the construction of up to 44 new drill pads and 35 access roads at the San Acacio project, enabling the team to step out and test completely un-drilled targets.

District-Scale Asset: The Zacatecas Project spans 4,217 hectares within the historic Mexican Silver Belt. It is an advanced exploration project with over 55,000 metres of drilling already completed to date.

Upcoming Catalysts: The company is gearing up for a ~10,000-metre drill campaign focused on targets in and around the Veta Grande vein system. This drilling will support an updated Mineral Resource Estimate (MRE), with initial drill results expected in Q1 2026.

Read the full drill permit news here: https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. - DEF.v Last month, Defiance announced they successfully secured critical environmental authorizations (Informe Preventivo) from Mexico's SEMARNAT, clearing the way for expanded exploration at both its Zacatecas Silver Project and its Victoria Copper Project.

These approvals represent a major regulatory milestone, significantly expanding the company's authorized drilling footprint across two highly prospective Mexican mining districts.

With these authorizations in hand, Defiance Silver is uniquely positioned to rapidly advance dual exploration programs.

The company will utilize this expanded surface access to aggressively evolve its resource drilling program at Zacatecas while initiating the first-ever comprehensive drill test of the district-scale Victoria copper target.

View both NRs here: https://www.defiancesilver.com/news

Posted on behalf of Defiance Silver Corp. - Defiance Silver (DEF.v DNCVF) has received a 54-month permit for its San Acacio Silver Project in Zacatecas, enabling up to 44 drill pads and 35 roads. The approval supports expanded silver-lead-zinc exploration across previously untested targets beyond historic workings and existing resources. Full news breakdown here⬇️
https://www.reddit.com/r/CanadaStocks/comments/1s8bzrf/defiance_silver_corp_defv_dncvf_secures_54month/

Posted on behalf of Defiance Silver Corp. - Defiance Silver (DEF.v DNCVF) recently received a 54-month SEMARNAT permit for its San Acacio project in Zacatecas, enabling up to 44 drill pads, 35 access roads & drilling of previously untested targets beyond historic mining areas, advancing resource growth potential💥⛏️⬇️
https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. - The approved Informe Preventivo grants a 36-month drilling permit, allowing the construction of up to 89 drill pads and new access roads to support exploration activities, subject to environmental compliance.

Victoria represents a large-scale copper–molybdenum target characterized by surface mineralization, widespread hydrothermal alteration, and supportive geophysics, indicating the potential for a significant mineralized system.

With permits now in place, Defiance is positioned to advance drilling and begin testing the scale of the Victoria copper target in one of Mexico’s established mining jurisdictions.

https://www.reddit.com/r/Pennystocksv2/comments/1s7rw6m/defiance_silver_semarnat_greenlights_up_to_89pad/

Posted on behalf of Defiance Silver Corp. - Defiance Silver: SEMARNAT Greenlights Up to 89-Pad Drill Program at Large-Scale Victoria Cu-Mo Target in Sonora!

(TSXV: DEF | FSE: D4E) has received environmental authorization from Mexico’s SEMARNAT to begin exploration drilling at the Victoria target within its Green Earth Project in Sonora, Mexico.

https://www.reddit.com/r/BreakoutStocks/comments/1s2wvfg/defiance_silver_semarnat_greenlights_up_to_89pad/

Posted on behalf of Defiance Silver Corp. - DEF.v DNCVF Defiance Silver Corp. recently announced a significant regulatory milestone at its district-scale Zacatecas Silver Project in Mexico.

The company has received approval from SEMARNAT for its Informe Preventivo (environmental authorization), clearing the way for expanded exploration access and drilling at the advanced-stage San Acacio property.

Moving forward, Defiance Silver intends to utilize this expanded permitting access to systematically explore untested areas within the Zacatecas camp, executing a capital-efficient strategy focused on resource growth and new mineral discoveries.

View the full NR here: https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. -Defiance Silver: SEMARNAT Greenlights Up to 89-Pad Drill Program at Large-Scale Victoria Cu-Mo Target in Sonora!

(TSXV: DEF | FSE: D4E) has received environmental authorization from Mexico’s SEMARNAT to begin exploration drilling at the Victoria target within its Green Earth Project in Sonora, Mexico.

https://www.reddit.com/r/Wealthsimple_Penny/comments/1s1x483/defiance_silver_semarnat_greenlights_up_to_89pad/

Posted on behalf of Defiance Silver Corp. - DEF.v Defiance Silver recently outlined its upcoming corporate objectives and exploration pipeline in its latest corporate presentation.

The company's current strategy is centered on advancing its portfolio of silver, copper, and gold projects across Mexico through systematic exploration, updated resource estimates, and disciplined project development.

Defiance Silver’s stated mission is to create long-term shareholder value through responsible, systematic exploration focused on resource expansion and new mineral discoveries.

The core approach is to de-risk its long-term project pipeline through geoscience, with a vision of becoming a leading mineral exploration and development force across Mexico's premier mineral belts.

View the full presentation here: https://cdn.prod.website-files.com/66d64af723d92f9e33ccfdd3/69821d9376c5900019352840_Corporate%20Presentation-Defiance%20Silver%20Corp.pdf

Posted on behalf of Defiance Silver Corp. -Defiance Silver: SEMARNAT Greenlights Up to 89-Pad Drill Program at Large-Scale Victoria Cu-Mo Target in Sonora!

(TSXV: DEF | FSE: D4E) has received environmental authorization from Mexico’s SEMARNAT to begin exploration drilling at the Victoria target within its Green Earth Project in Sonora, Mexico.

The approved Informe Preventivo grants a 36-month drilling permit, allowing the construction of up to 89 drill pads and new access roads to support exploration activities, subject to environmental compliance.

Victoria represents a large-scale copper–molybdenum target characterized by surface mineralization, widespread hydrothermal alteration, and supportive geophysics, indicating the potential for a significant mineralized system.

With permits now in place, Defiance is positioned to advance drilling and begin testing the scale of the Victoria copper target in one of Mexico’s established mining jurisdictions.

https://www.defiancesilver.com/news/defiance-silver-receives-updated-drill-permit-for-victoria-copper-project-sonora-mexico

Posted on behalf of Defiance Silver Corp. - Last week Defiance Silver Corp. (DEF.v) announced they received a drill permit on the Zacatecas Silver Project for significant exploration in the world class Zacatecas Mining District.

The permit allows for the construction of up to new 44 drill pads and for up to 35 new access roads to be constructed for rapid advancement of the resource exploration potential where exploration has seldomly if ever occurred. The IP permit is valid for a period of 54 months.

Full NR here: https://www.defiancesilver.com/news/defiance-silver-receives-drill-permit-for-zacatecas-silver-project

Posted on behalf of Defiance Silver Corp. -Defiance Silver (TSXV: DEF) Hits 2,120 g/t Ag – Drilling Confirms Continuity & Multi-Zone Potential Ahead of Resource Update

Defiance Silver (TSXV: DEF) continues to build a compelling silver growth story at Zacatecas, delivering high-grade results that reinforce both continuity and expansion potential at San Acacio.

https://www.reddit.com/r/Inflation_Investment/comments/1rrt4gi/defiance_silver_tsxv_def_hits_2120_gt_ag_drilling/

Defiance Silver Receives Drill Permit on the Zacatecas Silver Project for Significant Exploration in the World Class Zacatecas Mining DistrictMarch 11, 2026 2:30 AM
NewsfileVancouver, British Columbia--(Newsfile Corp. - March 11, 2026) - Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) ("Defiance" or the "Company") reports that the office of the representatives of the Secretariat of Environment and Natural Resources of Mexico (SEMARNAT) has approved the Company's Informe Preventivo (IP), the environmental authorization required to, amongst many items, increase the available roads and total drill pad construction for site access and exploration drilling, at the San Acacio project, located in Zacatecas, Mexico.This Informe Preventivo allows for the construction of up to new 44 drill pads and for up to 35 new access roads to be constructed for rapid advancement of the resource exploration potential where exploration has seldomly if ever occurred. The IP permit is valid for a period of 54 months.This drilling permit significantly increases the drilling footprint of the San Acacio project, which historically produced significant amounts of silver, lead and zinc over a multi-hundred year history and saw very little exploration outside of the main Veta Grande mine levels. This IP permit will also allow the company to test exploration targets that will be significant for mineral resource estimation outside of any historical mining or historical resource estimates.The Informe Preventivo was prepared and submitted in accordance with Mexican environmental regulations. The Company would like to acknowledge the office of the representatives of SEMARNAT and the collaborative efforts of the technical and environmental consultants for the efficient review process. Management Commentary"We look forward to evolving our resource drilling program to include the significant exploration potential of these never-before-tested targets in the Veta Grande camp within the world-class Zacatecas Silver District." - Chris Wright, Executive Chairman & CEO, Defiance SilverAbout Defiance Silver Corp.Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) is an exploration company advancing the district-scale Zacatecas project, located in the historic Zacatecas Silver District, the 100% owned Tepal Gold/Copper Project in Michoacán state, Mexico and the newly acquired Green Earth Metals property portfolio in Sonora State. 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 Silver's corporate mandate is to advance its projects through capital-efficient exploration focused on resource growth and new mineral discoveries.On behalf of Defiance Silver Corp.
"Chris Wright"
Chairman of the BoardFor more information, please contact:
Investor Relations at +1 (604) 343-4677 or email at info@defiancesilver.com
www.defiancesilver.comSuite 2900-550 Burrard Street
Vancouver, BC V6C 0A3, Canada
Tel: +1 (604) 343-4677
Email: info@defiancesilver.comDisclaimer
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.Caution Regarding Forward-Looking Information
Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information. These forward-looking statements relate to, among other things: the Company's expectations regarding the ability of the Mining Bureau of Mexico City to reinstate ownership of the concessions to the Company, cooperation with the Mining Bureau relating to such reinstatement and the potential for any successful solution resulting therefrom.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Defiance, are inherently subject to significant technical, political, business, economic and competitive uncertainties, and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or events to differ materially from current expectations include, among other things: the inability of the Company to regain possession of its concessions; political risks associated with the Company's operations in Mexico; the failure of the Mining Bureau in Mexico City to take any coercive action to reinstate ownership of the concessions to the Company; and the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis for its quarter ended December 2025, available on SEDAR at www.sedarplus.ca.
There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and unknown could cause actual results, performance, or achievements to vary or differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered carefully when making decisions with respect to Defiance, and prospective investors should not place undue reliance on forward looking information. Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/288054
Original: Defiance Silver Receives Drill Permit on the Zacatecas Silver Project for Significant Exploration in the World Class Zacatecas Mining District