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March 27, 2014

Defiance Closes $1.0 Million Final Tranche      

TSX-V: DEF $0.10
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Defiance Silver Corp. (DEF-V) is a silver exploration company engaged in the acquisition of advanced exploration projects in Mexico.

Defiance's principle silver project is the San Acacio Mine, located in the historic Zacatecas Silver District of central Mexico which has historically produced an estimated 700 million ounces of silver. Of this total, the San Acacio Mine has produced approximately 100 million ounces of silver.

Current mineral resources of the San Acacio Mine are indicated 3.55 million ounces of silver contained within 1.15 million tonnes grading 95.8 g/t silver and inferred resource of 12.45 million ounces contained within 2.89 million tonnes grading 134.1 g/t silver (NI 43-101 compliant estimate, please see details in the Projects section).

Defiance plans to aggressively explore the San Acacio Mine and expand the current mineral resource to support development of a large modern silver mine.


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