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Defiance Steps Out; Continues Intersecting Wide Zones of Silver Mineralization
VANCOUVER, BC / ACCESSWIRE / March 2, 2016 / Defiance Silver Corporation (TSXV: DEF) (OTC: D...
About this update from Defiance Silver Corp.
[{"type":"text","content":"Defiance Steps Out; Continues Intersecting Wide Zones of Silver MineralizationVANCOUVER, BC / ACCESSWIRE / March 2, 2016 / Defiance Silver Corporation (TSXV: DEF) (OTC: DNCVF) (\"Defiance\") is pleased to report the results of a further three holes drilled at the San Acacio silver deposit. Drilling 550m southeast of the last 8 reported drill holes intercepted wide zones of mineralization in both the Veta Grande and Veta Chica veins. Results from these holes extend the known mineralization to 140m below the current resource (see News Release Dated January 15, 2015) with mineralization still open to depth and along strike.\nDrill hole SAD15-10 intersected the San Acacio vein over a length of 11.95m. Three zones straddling two old mine workings returned; 2.1m grading 333.87 g/t AgEq, 5.5m grading 187.06 g/t AgEq, and 1.6m grading 99.55 g/t AgEq. Hole SAD15-09 intersected the San Acacio vein over a length of 7.65m that includes a 3.05m wide old working where it is believed the high-grade portion of the vein had been mined.\nBoth drill holes SAD15-09 and SAD15-10 intersected the hanging wall Veta Chica Vein. SAD15-09 returned 15.65m grading 68.76 g/t AgEq with a 4.85m section grading 128.71 g/t AgEq. SAD15-10 returned 1.6m grading 110.50 g/t AgEq.\nThe workings intersected in both holes SAD15-09 and SAD15-10, are believed to represent the higher grade portions of the 7.65m and 11.95m long intersections of the San Acacio vein that were historically mined.\nBruce Winfield, CEO of Defiance stated, \"I am very encouraged by the drill results having again extended the high grade, wide zones of mineralization to 140m below the base of the current resource. These drill intersections demonstrated the robustness of the vein system as we move over 550m along strike. \" \nIn all three holes, SAD15-09, SAD15-10, and SAD15-11, the vein intercepts were hosted within a zone defined by long intersections of 55.6m, 110.3m, and 136.4m respectively of a quartz pyrite breccia that is anomalous in silver, zinc and copper. This breccia represents a previously unrecognized hydrothermal event which may indicate a larger hydrothermal system at depth.\nResults for holes SAD15-09 through SAD15-11 are provided in the following table:\n\n\n \n \n \n Hole # \n From \n (m) \n To \n (m) \n Length \n (m) \n Ag, \n g/t \n Au, \n g/t \n Cu, \n % \n Pb, \n % \n Zn, \n ...