Welcome to the Future of Mining at Tepal Gold-Copper Project

Exciting News from Defiance Silver Corp.

Vancouver, British Columbia–(Newsfile Corp. – December 10, 2024) – Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) (“Defiance” or the “Company”) is pleased to announce a Mineral Resource Estimate (“MRE”) prepared in accordance with the National Instrument 43-101 – Standard for Disclosure for Mineral Projects (“NI 43-101”) for the 100% owned Tepal Gold-Copper Project, located in the municipality of Tepalcatepec, Michoacán State, in south-western Mexico.

Highlights of the Mineral Resource Estimate include:

• 111.67 million tonnes (Mt) of Measured & Indicated Mineral Resources averaging 0.26 g/t gold for 926,000 ounces of gold
• 111.67 Mt Measured & Indicated Mineral Resources averaging 0.19% copper for 473.86 million pounds (Mlb) of copper
• 111.67 Mt of Measured & Indicated Mineral Resources averaging 1.55 g/t silver for 5.58 million ounces (Moz) of silver
• 124.36 Mt of Inferred Mineral Resources averaging 0.25 g/t gold for 985,000 ounces of gold
• 124.36 Mt of Inferred Mineral Resources averaging 0.16% copper for 451.0 Mlb copper
• 124.36 Mt of Inferred Mineral Resources averaging 1.46 g/t silver for 5.83 Moz of silver

Metallurgical testing indicates recoveries of 86% Cu and 54% Au for the North/South Zones and 84% Cu and 50% Au for the Tizate Zone mineralization, which would produce a 23% Cu copper concentrate with gold credits.

How Does This Impact Me?

As an investor, the positive Mineral Resource Estimate for the Tepal Gold-Copper Project suggests great potential for future growth and profitability. With significant amounts of gold, copper, and silver indicated in the estimates, there is potential for strong returns on investment in the mining sector.

Global Implications

On a global scale, the Mineral Resource Estimate at the Tepal Gold-Copper Project represents a valuable addition to the world’s mineral reserves. The potential for large amounts of gold, copper, and silver production could have significant impacts on the international market and contribute to the global supply of these precious metals.

In Conclusion

The Mineral Resource Estimate at the Tepal Gold-Copper Project is a promising development for Defiance Silver Corp. and the mining industry as a whole. With substantial amounts of gold, copper, and silver indicated in the estimates, there is great potential for growth and profitability in the future. The positive impact of this project will be felt both locally and globally, making it an exciting time for investors and the mining sector.