The Company will use the proceeds of the financing carry out work on the inaugural +8000m diamond drill program at the Sonora property and provide general working capital.
The Technical Report titled “Independent NI 43-101 Technical Report, Zacatecas Properties, Zacatecas State, Mexico” dated January 28, 2022 supports the initial silver Mineral Resource Estimate at the Panuco Deposit within the Zacatecas Property.
“The latest drill results from the underground drilling program at San Marcial continue to impress, with the discovery of increasingly wide Ag intercepts at shallow depth. This result, combined with the recent high-grade, wide Ag intervals reported from drill hole SMI21-03, validates our model for the extension of the San Marcial Breccia Ag mineralization, along strike and down dip.”
Defiance Silver Corp. is pleased to announce that it has recommenced drilling at the company’s Zacatecas project in Mexico.
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