Defiance Silver Corp V.DEF

Alternate Symbol(s): DNCVF

Metals & Mining Silver

Defiance Silver Corp. is a Canada-based exploration company advancing the district-scale Zacatecas project, located in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacan state, Mexico. The Zacatecas project includes land package of approximately 4,300 hectares. The Zacatecas project areas include San Acacio, Lucita, Panuco, and Lagartos, located in the state of Zacatecas in north-central Mexico. The project lies in close proximity or on trend to several of the largest silver producers Zacatecas state including: the polymetallic Cozamin mine operated by Capstone Mining Corp and the Fresnillo silver mine operated by Fresnillo Plc. The Company owns 100% of the Tepal Project, which covers approximately 2,076.5 hectares. The Tepal project is located in the state of Michoacan, near the border of Jalisco in Western, Mexico. The Company also has an option to acquire 100% interest in San Acacio property located in the Zacatecas district.

TSXV:DEF - Post by User

Defiance Silver Corp

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Post by Buckfinderon Jul 30, 2021 2:58am

401 Views

Post# 33630842

Market cap vs. current valuation

Market cap of defiance 150 Mio.

There are 2 projects in Mexico:
1) TEPAL - fully permitted copper gold system - former project from geologix, easy to mine (open pit), defiance will do further work regarding expansion and increase of the resources.
NPV approx. 500 mil.

So defiance is currently valued at 1/3 of the NPV of only 1/2 projects !!!

2) ZACATECAS - silver richtest belt in Mexico, big drilling program underway with results expected very soon, first batches show some of the highest grades in history of the deposit

I see a possible NPV of Zacatecas of 1 bill.

So defiance is currently priced 1/10 of the potential NPV. The beauty of this gem is the saftey net through the fully permitted tepal project AND the perfect mix of 3 resources - silver, copper and gold !

glta

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