{"id":10601,"date":"2020-08-14T12:53:00","date_gmt":"2020-08-14T16:53:00","guid":{"rendered":"https:\/\/www.inflation.us\/news\/?p=10601"},"modified":"2026-09-29T14:33:22","modified_gmt":"2026-09-29T18:33:22","slug":"nia-top-mexican-silver-pick-defiance-silver-tsxv-def","status":"publish","type":"post","link":"https:\/\/www.inflation.us\/news\/articles\/nia-top-mexican-silver-pick-defiance-silver-tsxv-def\/","title":{"rendered":"NIA’s #1 Mexican Silver Pick: Defiance Silver (TSXV: DEF)"},"content":{"rendered":"\n

NIA is excited to announce its #1 favorite <\/span>Mexican silver stock suggestion<\/span> Defiance Silver (TSXV: DEF)<\/strong>. The company also has a U.S. OTC symbol<\/strong>: DNCVF<\/strong>.<\/span><\/span><\/p>\n\n

DEF<\/strong> has just launched a major drilling campaign<\/strong><\/span> at its district-scale<\/strong><\/span> San Acacio Deposit<\/strong>, located in the historic Zacatecas Silver District <\/strong>in Mexico. DEF’s Zacatecas claims<\/strong> are surrounded<\/strong><\/span> by the claims<\/strong> of much larger<\/span> silver companies<\/span><\/strong> including Pan American Silver (PAAS)<\/strong>, Capstone Mining (TSX: CS)<\/strong>, and Endeavour Silver (EXK)<\/strong>. The Zacatecas Silver District<\/strong> is one of the most prolific<\/span> silver producing areas<\/span><\/strong> in the world, having produced in excess of<\/strong><\/span> 1 billion ounces of silver<\/strong><\/span>.<\/span><\/span><\/p>\n\n

DEF’s San Acacio Deposit<\/strong> has a large inferred resource<\/strong><\/span> of 16,944,000 oz of silver<\/strong><\/span> grading<\/span><\/strong> 182.42 g\/t silver<\/strong><\/span>. In addition to the San Acacio Deposit<\/strong>, DEF<\/strong> has acquired the adjacent<\/strong><\/span> Zacatecas Silver District <\/strong>holdings of Mag Silver (MAG)<\/strong>. DEF<\/strong> now controls a land package <\/strong>of over 1,506 hectares<\/span><\/strong> and has exclusive use<\/strong><\/span> of a 135,000ha Regional Database<\/strong> that MAG<\/strong> spent over $10 million to assemble<\/strong><\/span>.<\/span><\/span><\/p>\n\n

A drilling campaign<\/strong> at San Acacio<\/strong> from 2017 saw its first 8 step out holes<\/strong> successfully extend mineralization by 140m<\/strong><\/span> below<\/strong><\/span> the base <\/strong>of the maiden resource<\/strong><\/span>. These drill holes intercepted considerably higher grades<\/span> than the initial resource<\/span>.<\/strong><\/em><\/span><\/span><\/p>\n\n

DEF<\/strong> has located a large target anomaly<\/strong><\/span> along San Acacio’s<\/strong> 0.9km southeast extension<\/strong> using Induced Polarization Survey (IP)<\/strong> and Atomic Energy Resonance Imaging technology<\/strong>. This anomaly measures 200m long, 300m wide and at a depth of 200m<\/span><\/strong> below surface. After the 0.9km southeast extension<\/strong>, DEF<\/strong> controls an additional<\/strong><\/span> 3.5km far southeast extension<\/strong>.<\/span><\/span><\/p>\n\n

The Zacatecas Silver District<\/strong> has excellent infrastructure<\/strong><\/span> including paved roads<\/strong>, state power<\/strong>, and a skilled<\/span> Mexican labour force<\/strong>.<\/span><\/span><\/p>\n\n

DEF<\/strong> has only 149.48 million shares outstanding<\/strong>. DEF’s market cap<\/strong> here at $0.37 per share<\/strong> is only CAD$55.3 million<\/strong><\/span> and in our opinion the company is receiving little value for its Zacatecas <\/strong>silver <\/strong><\/span>assets<\/strong><\/span> because DEF<\/strong> owns 100%<\/strong><\/span> of the Tepal gold project<\/span><\/strong>.<\/span><\/span><\/p>\n\n

Tepal<\/strong> is an advanced<\/span> gold project<\/span><\/strong> in Michoacán, Mexico with a measured & indicated resource<\/strong><\/span> of 1,804,000 oz of gold<\/strong><\/span> plus 813 million lbs of copper<\/strong><\/span>! There is major potential to expand<\/strong><\/span> this huge <\/strong><\/span>gold<\/strong><\/span>\/<\/strong><\/span>copper<\/strong><\/span> resource<\/strong><\/span> with the recent discovery<\/strong><\/span> of an untested<\/strong><\/span> high-grade feeder system<\/strong><\/span>!<\/span><\/span><\/p>\n\n

Based on a gold price of $1,500 per oz<\/strong><\/span> and copper price of $3 per lb<\/strong><\/span>, a 2017 Preliminary Economic Assessment (PEA)<\/strong> gave Tepal<\/strong> an after-tax Net Present Value<\/strong> with a 5% discount rate of USD$345 million<\/strong><\/span>!<\/span><\/span><\/p>\n\n

Historically, NIA’s biggest area of success<\/span><\/strong> has been with Mexican silver companies<\/span><\/strong>. DEF<\/strong> has an excellent looking<\/span> chart<\/strong> with a key breakout point<\/strong><\/span> of $0.385 per share<\/strong>.<\/span><\/span><\/p>\n\n

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from DEF of USD$40,000 cash for a six-month marketing contract. NIA intends to invest into DEF in the event of a future private placement. This message is not a solicitation or recommendation to buy, sell, or hold securities. Never make investment decisions based on anything NIA says. This message is meant for informational and educational purposes only and does not provide investment advice.<\/em><\/span><\/span><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

NIA is excited to announce its #1 favorite Mexican silver stock suggestion Defiance Silver (TSXV: DEF). The company also has a U.S. OTC symbol: DNCVF. DEF has just launched a major drilling campaign at its district-scale San Acacio Deposit, located in the historic Zacatecas Silver District in Mexico. DEF’s Zacatecas claims are surrounded by the […]<\/p>\n","protected":false},"author":1,"featured_media":10602,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[48,252,312,369,9,90,59,17],"class_list":["post-10601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles","tag-copper","tag-cs","tag-def","tag-exk","tag-gold","tag-mag","tag-paas","tag-silver"],"_links":{"self":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/comments?post=10601"}],"version-history":[{"count":1,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10601\/revisions"}],"predecessor-version":[{"id":10603,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/posts\/10601\/revisions\/10603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media\/10602"}],"wp:attachment":[{"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/media?parent=10601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/categories?post=10601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inflation.us\/news\/wp-json\/wp\/v2\/tags?post=10601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}