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News
Rhea-AI Summary
Defiance Silver Corp. reports high-grade polymetallic and precious metal systems at its Lucita property in Zacatecas, Mexico. The ongoing surface sampling campaign reveals district-scale potential, with significant mineralization in both Lucita North and Lucita South. The company's exploration efforts show promising results, with multiple high-grade samples and drill targets identified.
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-0.87%
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Defiance Silver Corp. provides an update on the preparation of technical reports for its Tepal and San Acacio projects. Due to issues with Qualified Persons, Defiance will be preparing a new technical report for the Tepal project. The process is expected to take several months. The new technical report for the San Acacio project is delayed but expected to be filed by mid-May 2024.
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-1.13%
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Defiance Silver Corp. closes the final tranche of its non-brokered private placement, raising C$2,644,350. The Offering consists of 26,443,500 Units priced at C$0.10 per Unit. Windermere Capital Fund SPC - Breakaway Strategic Resource SP, an insider of the Company, purchased 11,998,000 Units for C$1,199,800.
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7.19%
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Defiance Silver Corp. (TSXV: DEF) receives favorable ruling from Mexican Court regarding mining concessions for Tepal project. Geologix Explorations Mexico, S.V de C.A confirmed as rightful owner. Company announces private placement of up to C$3,000,000 with first closing completed on February 28th.
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0.14%
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Defiance Silver Corp. closes the first tranche of a non-brokered private placement, raising C$1,094,000. Insiders, including the Chairman and CEO, purchase Units in the Offering. The Company also issues shares to extinguish debt.
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0.8%
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Defiance Silver Corp. announces a favorable court ruling in Mexico, restoring ownership of mining concessions for the Tepal Project. The Mexican Court nullifies an illegal transfer of concessions, confirming the Company's subsidiary as the rightful owner. The judgement is enforceable after a 9-day appeal process, showing confidence in the legal proceedings.
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22.1%
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Defiance Silver Corp. (TSXV: DEF) receives a favorable ruling from the Mexican Court to restore ownership of mining concessions for the Tepal Project, nullifying an illegal transfer. The Court confirms Geologix Explorations Mexico, S.V de C.A as the legitimate owner. Chairman Chris Wright expresses confidence in the outcome and looks forward to progressing the copper-gold project.
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22.1%
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Defiance Silver Corp. announces a non-brokered private placement of up to 30,000,000 units for gross proceeds of up to C$3,000,000. Each unit is priced at $0.10 and consists of one common share and one half of one common share purchase warrant. The net proceeds will be used for exploration and general working capital purposes. The offering is scheduled to close on or around February 14, 2024, subject to certain conditions including the approval of the TSX Venture Exchange. The units will be offered in Canada, offshore jurisdictions, and the United States on a private placement basis.
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-14%
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Defiance Silver Corp. announces the need to amend two technical reports for its Tepal and San Acacio projects due to deficiencies under NI 43-101. Some authors of the Tepal Report are no longer Qualified Persons, and the Company is working to file an amended report. The San Acacio Report will be replaced with a new technical report by March 2024. The Company advises not to rely on the information in the current reports. Additionally, the Company is updating and clarifying additional disclosure on its website and corporate presentation.
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News
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Defiance Silver Corp. announces positive results of the 2023 San Acacio diamond drill program, with wide intervals of silver, zinc, and lead mineralization. The company is encouraged by the significant in-situ vein material and notable epithermal-style silver mineralization at the San Acacio project, indicating potential resource expansion. The presence of semi-massive to massive sulfide mineralization near surface is promising, especially given the project's proximity to an operating copper mine.
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DEFIANCE SILVER CORP
OTC:DNCVF
DNCVF Rankings
DNCVF Stock Data
33.68M
233.42M
4.13%
18.98%
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
United States of America
Vancouver
About DNCVF
defiance silver corp., an exploration stage company, engages in the acquisition, exploration, evaluation, and development of mineral properties primarily in mexico. it primarily explores for gold, copper, and silver deposits. the company holds interest in the tepal gold-copper project located in michoacã¡n state, mexico; and the lagartos project that consists of 14 concessions with a total area of approximately 800 hectares located in zacatecas silver district. it also has an option to acquire a 100% interest in the san acacio silver deposit that consists of 10 mining concessions located to the north of the city of zacatecas, mexico. the company was formerly known as defiance capital corp. and changed its name to defiance silver corp. in june 2011. defiance silver corp. was incorporated in 2007 and is based in vancouver, canada.