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Defiance Outlines New Targets at San Acacio Silver Project and Provides Update

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2020) -   Defiance Silver Corp. &#...

articleDefiance Silver Corp.May 29, 20205/company/defiance-silver/news/defiance-outlines-new-targets-at-san-acacio-silver-project-and-provides-update
Defiance Outlines New Targets at San Acacio Silver Project and Provides Update

About this update from Defiance Silver Corp.

[{"type":"text","content":"Defiance Outlines New Targets at San Acacio Silver Project and Provides UpdateVancouver, British Columbia--(Newsfile Corp. - May 29, 2020) -  Defiance Silver Corp. (TSXV: DEF) (OTC: DNCVF) (\"Defiance\" or the \"Company\") is pleased to announce the delineation of multiple and significant new targets at the San Acacio silver project as well as to provide a corporate update.Defiance's technical advisors, OreQuest Consultants (see News Release dated November 11th, 2019), have spent the past 6 months executing a work program focused on property-scale mapping, 3D modeling and drill core re-logging at the San Acacio project. As a result of this program, OreQuest and Defiance have generated novel targets in previously overlooked portions of the property. The recent work highlights the potential for composite vein systems at depth and suggests the presence of a long-lived mineralizing system at San Acacio. Significant new drill targets that have been generated include:1) A 1.3km X 300m corridor where a hanging wall mineralizing event has been identified (Figure 1). Key targets in this corridor include hanging wall veins parallel to the Veta Grande and offset hanging wall structures found in the vicinity of the Tiro San Genaro. Significant mineralization outside of the main Veta Grande structure was outlined by positive drill results in the vicinity SAD15-08 (Veta Natividad and Veta Grande) both at depth and along strike between Almaden and Tiro San Genaro (Figure 2). Targets include parallel and offset structures in the vicinity of previous drilling at El Mirador/Almaden and SAD17-12/13/14.2) Deep targets along strike of the Veta Grande to the immediate south east. This area was tested late in 2017 and is structurally complicated, consisting of down-dropped blocks and regional block rotation. 3) \"El Mirador,\" part of a multi-kilometer felsic fault structure (La Veta Morada) with visible silver sulfides that outcrops near previous drilling in the vicinity of the Almaden Shaft and underground workings (Figure 3). This style of structure has a positive correlation to regional exploration and development successes at other nearby projects. Figure 1. Overview plan map. Main target areas shown in white boxes.To view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/2950/56835_8934e4ad84...

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