Defiance Silver Corp. reports exploration and corporate developments for precious and base metal projects in Mexico. The company focuses on 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.
Recurring news includes diamond drilling and trench sampling results at San Acacio and the Veta Grande system, environmental authorizations from SEMARNAT, surface access arrangements for exploration targets, and project data that supports mineral-resource work. Company updates also cover shareholder-meeting results, board and auditor approvals, omnibus plan matters, and financing-related disclosures.
Defiance Silver (OTCQB: DNCVF) reported results from a large trenching campaign at the San Acacio property, Zacatecas, on November 19, 2025. The program sampled ~2.1 km of Veta Grande strike with ~1.1 km of trenching and collected 1,016 channel samples.
Highlights: maximum 5180 g/t Ag and 4.85 g/t Au, multiple trenches >60 g/t Ag, 152 trenches totaling 1,098 m trenched, and average Veta Grande vein samples 147.5 g/t Ag.
Defiance Silver (OTCQX: DNCVF) has launched a significant 10,000-meter oriented core drill program at its Zacatecas project in Mexico. The drilling campaign, executed by Major Drilling SA de CV, aims to advance the project toward a new mineral resource estimate at San Acacio and explore high-potential targets, particularly following promising results from Lucita in 2021.
The company also provided additional disclosure regarding its June 2025 financing, clarifying that C$90,000 and 360,000 finder's warrants were issued to Sabine Hogel as part of the aggregate finder's fee.
Defiance Silver (TSXV: DEF) (OTCQX: DNCVF) has completed the acquisition of Green Earth Metals Inc. (GEMS), acquiring three copper-gold-silver projects in Sonora, Mexico. The transaction involved issuing 4,954,613 common shares at C$0.255 per share, totaling C$1,263,426 in consideration.
The acquired portfolio includes the Victoria, Espiritu, and Los Ocotes projects, covering 6,795.22 hectares within Mexico's Porphyry-Copper Belt. The Victoria Project, which is drill-ready, shows indicators of porphyry-style stockwork and breccia-hosted Cu-Mo-Au mineralization. The projects are strategically located near major mining operations, including Alamos Gold's Mulatos Mine and Grupo México's Cananea copper mine.
Sonora represents 75.6% of Mexico's copper production and 25.7% of national gold output, positioning Defiance in a premier mining jurisdiction with significant exploration potential.
Defiance Silver has appointed Armando Vazquez as Vice President, Operations, effective May 1, 2025. Vazquez, who holds an M.Sc. in Exploration Geology and is a Certified Professional Geologist (C.P.G.), brings over 14 years of exploration expertise to the role.
Currently serving as Senior Consultant at OreQuest Consultants, Vazquez has been supporting Defiance Silver's strategic development since 2020. His experience spans various deposit types, including epithermal, porphyry, and orogenic gold systems across Mexico, the UK, and Finland.
The company also reported issuing 33,448 Common Shares at $0.244 per share, totaling $7,980, as part of an administrative services agreement. These shares are subject to a four-month hold period and comply with TSX Venture Exchange policies.
Defiance Silver Corp (TSXV: DEF) has announced a strategic acquisition of Green Earth Metals Inc (GEMS), a private company with three drill-permitted copper-gold-silver-molybdenum projects in Mexico's Sonoran Desert. The transaction involves issuing 4,954,613 Defiance shares at C$0.255 per share, totaling C$1,250,000.
The acquisition includes the Victoria, Espiritu, and Los Ocotes projects, covering 6,795.22 hectares in prime mining territory near major operations like Alamos Gold's Mulatos Mine. The projects are located in the Sonoran Desert porphyry copper belt, known for hosting significant copper-gold deposits.
As part of the deal, Defiance will invest C$150,000 in GEMS through a convertible debenture bearing 8% annual interest, maturing in two years. The transaction completion is subject to due diligence, definitive agreement execution, and regulatory approvals, expected within 75 days of the agreement signing.
Defiance Silver Corp. (DNCVF) has announced a strategic acquisition of Green Earth Metals Inc. (GEMS), a private company with three drill-permitted copper-gold-silver-molybdenum projects in Mexico's Sonoran Desert. The transaction involves Defiance issuing 4,954,613 shares at C$0.0255 per share, totaling C$1,250,000, plus a C$150,000 convertible debenture investment.
The acquisition includes the Victoria, Espiritu, and Los Ocotes projects, covering 6,795.22 hectares near major operating mines including Alamos Gold's Mulatos Mine. The projects are located in the Sonoran Desert porphyry copper belt, known for hosting significant copper-gold deposits like Cananea and La Caridad.
The deal is subject to due diligence, definitive agreement execution, and regulatory approvals. At least 90% of GEMS shareholders must agree to exchange their shares, with completion expected within 75 days of the definitive agreement signing.
Defiance Silver Corp (TSXV: DEF) (OTCQX: DNCVF) has announced several corporate updates. The company has engaged Capital Analytica for investor relations services starting March 1st, 2025, with a six-month contract valued at $120,000.
The company has granted various equity awards including:
- 2,888,500 stock options at $0.22 exercise price
- 643,500 Deferred Share Units to directors
- 55,000 Performance Share Units to employees
- 252,475 Restricted Share Units to employees
Additionally, Defiance has issued 33,448 shares at an average price of $0.244 per share for administrative services rendered between July-December 2024, totaling $7,980. The company focuses on developing the Zacatecas project in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán, Mexico.
Defiance Silver Corp (TSXV: DEF) has successfully closed the third and final tranche of its non-brokered private placement, raising C$975,000 through the issuance of 4,875,000 Units at C$0.20 per Unit. The total offering resulted in aggregate gross proceeds of C$3,267,800 from 16,339,000 Units.
Each Unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant exercisable at C$0.35 for 24 months. The company paid finder's fees totaling C$166,368 and issued 831,840 Finder Warrants. The proceeds will support exploration activities and general working capital purposes.
The securities are subject to a four-month hold period, and the offering awaits final approval from the TSX Venture Exchange. Defiance Silver focuses on advancing the Zacatecas project in Mexico's historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán state.