Defiance Silver (DEF.V): An Introduction To Their Three Silver-Gold-Copper Exploration And Development Projects
Doug Cavey, VP of Corporate Development at Defiance Silver (TSX.V:DEF – OTCQX:DNCVF), joins us to introduce this Mexico-based silver, gold, and copper exploration & development company actively engaged in advancing two major Projects: including the Zacatecas silver projects in Zacatecas, and the Tepal copper-gold project in Michoacan, Mexico.
We start off with having Doug review the historic 20,000 meters of drilling at the San Acacio Project, focused over the historic Veta Grande vein system. We then review the historic exploration and recent 3,000 meters drilled at the Lucita Project along the Palenque silver structure, as well as the on-strike extension of the Panuco deposit. There is some exciting work going on at the adjacent land by Zacatecas Silver that will be instructive for Definance Silver’s approach.
Next we pivot over to the Tepal copper-gold project, which has a current NI 43-101 resource that contains 1.8 million ounces of gold and 813 million pounds of copper, and the work that will be need to advance the next economic study with the goal of optimizing a plan that could have this be a 100,000 ounce per annum producing project eventually, utilizing both heap leach and traditional flotation methods. Tepal will also be seeing some exploration work in 2022 to continue growing the resources.
We wrap up with a review of the management team, Company financials, share structure, key stakeholders, and the key news milestones on tap for 2022.