Defiance Capital Corp. (TSX VENTURE:DEF) is pleased to announce the appointments of Mr. Bruce Winfield as President, CEO and Director, and Mr. Richard Tschauder as Vice President of Exploration for the company. Defiance will focus on acquiring and developing high-grade silver projects in Latin America and will be changing its name to Defiance Silver Corp. to reflect the shift in its exploration focus.
Mr. Bruce Winfield, M.Sc., P.Geo, has over 35 years of experience in the mining industry. Following 14 years with major mining companies Texasgulf Inc. and Boliden Inc., he focused on exploration in Central America as VP Exploration for Greenstone Resources and Eldorado Gold Corp. leading to the exploration and development of five gold deposits. Subsequently as President and CEO, Mr. Winfield has led companies exploring primarily in South America for the last 14 years.
Mr. Richard (Rick) Tschauder M.Sc. has over 30 years experience in exploration, development and production in the mining industry, both in North America and internationally. Mr. Tschauder spent 13 years with a NYSE listed silver company ultimately managing the corporate geological technical team in exploration, the development of two mines, and the production at four operating mines. Since 1996 Mr. Tschauder has specialized in providing evaluation, acquisition and project management services internationally with a focus in Mexico where he has extensive knowledge of geology and the mining industry.
“We are very excited by the appointment of these very experienced individuals to the Defiance management team. Their combined experience of over 45 years operating in Latin America, and specifically in Mexico will provide Defiance the capability to aggressively pursue additional silver exploration and development projects. We are convinced that Mexico, the second largest producer of silver in the world has great potential for new discoveries both in the historic mining camps such as Zacatecas as well as in new grassroots discoveries.” says Darrell Rader, a Defiance Director.
Defiance has also granted under the Company’s Stock Option Plan, options to purchase an aggregate of 450,000 common shares to directors and officers of the company. The options are exercisable until June 6, 2016, at an exercise price of $0.49 per share.
Defiance also announces the resignation of Cam Graham from the company. The Board wishes to thank Cam for his contributions to the company since it went public.
On behalf of the Directors of Defiance Capital Corp.
Darrell A. Rader, Director