Defiance Silver Provides Update on San Acacio Agreement
Defiance Silver Corp (TSXV: DEF) has announced an extension to its San Acacio Silver Project option agreement in the Zacatecas district. The scheduled payment originally due December 31, 2024, has been rescheduled to March 31, 2025. The amendment was signed by both parties and awaits notarization in Mexico City, with no changes to the economic terms of the option agreement.
The company operates the district-scale Zacatecas Project in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance focuses on capital-efficient exploration aimed at resource growth and new mineral discoveries.
Defiance Silver Corp (TSXV: DEF) ha annunciato un'estensione dell'accordo di opzione per il suo Progetto Argento San Acacio nel distretto di Zacatecas. Il pagamento programmato inizialmente previsto per il 31 dicembre 2024 è stato posticipato al 31 marzo 2025. La modifica è stata firmata da entrambe le parti e attende notarizzazione a Città del Messico, senza cambiamenti nei termini economici dell'accordo di opzione.
L'azienda gestisce il progetto Zacatecas su scala distrettuale nell'iconico Distretto dell'Argento di Zacatecas e il Progetto Oro/Rame Tepal nello stato di Michoacán, Messico. Defiance si concentra su esplorazioni efficienti in termini di capitale mirate alla crescita delle risorse e a nuove scoperte minerarie.
Defiance Silver Corp (TSXV: DEF) ha anunciado una extensión de su acuerdo de opción para el Proyecto de Plata San Acacio en el distrito de Zacatecas. El pago programado originalmente para el 31 de diciembre de 2024 se ha reprogramado para el 31 de marzo de 2025. La modificación fue firmada por ambas partes y está a la espera de notarización en Ciudad de México, sin cambios en los términos económicos del acuerdo de opción.
La empresa opera el proyecto a escala de distrito Zacatecas en el histórico Distrito de Plata de Zacatecas y el Proyecto de Oro/Cobre Tepal en el estado de Michoacán, México. Defiance se centra en la exploración eficiente en capital, con el objetivo de aumentar los recursos y descubrir nuevos minerales.
디파이언스 실버 Corp (TSXV: DEF)은 자카테카스 지역에 있는 산 아카시오 실버 프로젝트 옵션 계약의 연장을 발표했습니다. 원래 2024년 12월 31일로 예정된 지급일이 2025년 3월 31일로 연기되었습니다. 이 수정 사항은 양당사자에 의해 서명되었으며 멕시코시티에서 공증을 기다리고 있으며, 옵션 계약의 경제적 조건에는 변경 사항이 없습니다.
이 회사는 역사적인 자카테카스 실버 구역에서 구역 규모의 자카테카스 프로젝트와 미초아칸 주의 테팔 금/구리 프로젝트를 운영하고 있습니다. 디파이언스는 자원의 성장과 새로운 광물 발견을 목표로 하는 자본 효율적인 탐사에 집중하고 있습니다.
Defiance Silver Corp (TSXV: DEF) a annoncé une extension de son accord d'option pour le projet argent San Acacio dans le district de Zacatecas. Le paiement prévu à l'origine pour le 31 décembre 2024 a été reprogrammé pour le 31 mars 2025. L'amendement a été signé par les deux parties et attend une notarisation à Mexico, sans modifications des conditions économiques de l'accord d'option.
L'entreprise gère le projet de Zacatecas à l'échelle du district dans le célèbre district argent de Zacatecas ainsi que le projet d'or/cuivre Tepal dans l'état de Michoacán, au Mexique. Defiance se concentre sur une exploration efficace en capital visant à la croissance des ressources et à de nouvelles découvertes minérales.
Defiance Silver Corp (TSXV: DEF) hat eine Verlängerung des Optionsvertrags für sein San Acacio Silberprojekt im Bezirk Zacatecas angekündigt. Die ursprünglich für den 31. Dezember 2024 fällige Zahlung wurde auf den 31. März 2025 verschoben. Die Änderung wurde von beiden Parteien unterzeichnet und wartet auf eine notarielle Beglaubigung in Mexiko-Stadt, ohne Änderungen an den wirtschaftlichen Bedingungen des Optionsvertrags.
Das Unternehmen betreibt das projektgroße Zacatecas-Projekt im historischen Zacatecas-Silberbezirk und das Tepal-Gold/Kupfer-Projekt im Bundesstaat Michoacán, Mexiko. Defiance konzentriert sich auf kapital effiziente Exploration, die auf das Wachstum von Ressourcen und neue Mineralentdeckungen abzielt.
- None.
- Payment deadline extension could indicate potential cash flow constraints
- Delay in completing the San Acacio property acquisition
Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - Defiance Silver Corp. (TSXV: DEF) (FSE: D4E) (WKN: A1JQW5) ("Defiance" or the "Company") announces the extension of the San Acacio Silver Project option agreement
Defiance through its wholly owned subsidiary, Minera Santa Remy S.A., has, at the Vendor's request, agreed to extend the term of its option to acquire
About Defiance Silver Corp.
Defiance Silver Corp. (TSXV: DEF) (OTCQX: DNCVF) (FSE: D4E) is an exploration company advancing the district-scale Zacatecas Project, located in the historic Zacatecas Silver District and the Tepal Gold/Copper Project in Michoacán state, Mexico. Defiance is managed by a team of proven mine developers with a track record of exploring, advancing, and developing several operating mines and advanced resource projects. Defiance's corporate mandate is to advance our projects through capital-efficient exploration focused on resource growth and new mineral discoveries.
On behalf of Defiance Silver Corp.
"Chris Wright"
CEO & Chairman of the Board
For more information, please contact: Investor Relations at +1 (604) 343-4677 or via email at info@defiancesilver.com
www.defiancesilver.com
Suite 2900-550 Burrard Street
Vancouver, BC V6C 0A3
Canada
Tel: +1 (604) 343-4677
Email: info@defiancesilver.com
Disclaimer
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234631
FAQ
What is the new payment deadline for Defiance Silver's (DNCVF) San Acacio option agreement?
Were there any changes to the economic terms of DNCVF's San Acacio option agreement?
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