Regarding $DEF.V - DEFIANCE SILVER, the reality is very different...
Silver Santa@Silver__Santa
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Sep 17, 2024
~2 min read
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Regarding $DEF.V - DEFIANCE SILVER, the reality is very different than what is mentioned in the image below.
As a DEF shareholder I cannot remain silent. You can like or dislike companies, but there is only one truth and it is factual, not emotional.
DEF is situated in Zacatecas (Silver Polymetallic) and Michoacan (Gold Copper) in Mexico. It is managed by industry veterans.
In the Zacatecas State, which is the largest silver producing and second-largest copper producing state in Mexico, they control the second largest land position.
They have a long term 2% NSR with PAAS. They are located next to mines from world class players Fresnillo, MAG and Agnico Eagle. High grade mining everywhere.
+ At the San Acacio Project they have done over 25,000m of drilling since 2014.
The historic estimates are 14.3MOZ AG inferred and 4.0MOZ AG indicated.
They will acquire a 100% ownership this month. And they are working on a new MRE integrating the drilling from 2019 to 2023.
Intersects are from 100GT to 700GT AG EQ. The latest drilling has shown many additional intercepts of minerals. Like 1526GT AG and 1345GT AG close to surface.
+ At the Lucita Project they are also 100% owner. It is a high grade polymetallic system over multiple kilometres.
They found high grade silver intercepts over a 4km strike length. They are planning the next drilling phases. Their neighbours are Panuco and PAAS.
Grades are like 300GT - 700GT AG. A maiden drilling delivered 3260GT AG.
In the Michoacan State there seem to be 2 distinctive mineral systems. An AU-AG system, and an AU-CU-AG system.
Mineral resources are 1.8MOZ AU and 813MLBS CU in measured and indicated, as well as 0.18MOZ AU and 120MLBS CU inferred. They will soon come with an updated mineral resource estimate.
DEF is a good company, holding lots of assets, that has always done very well in a bull run. That's why I'm a stakeholder.
Concerning Pantera, I tried to fetch the investor presentation on the website, but unfortunately it was unavailable. In the news section i found the latest drill news from 2022. If someone can send me some information on the recent Pantera achievements, then I'm more than interested.
DYODD.
As a DEF shareholder I cannot remain silent. You can like or dislike companies, but there is only one truth and it is factual, not emotional.
DEF is situated in Zacatecas (Silver Polymetallic) and Michoacan (Gold Copper) in Mexico. It is managed by industry veterans.
In the Zacatecas State, which is the largest silver producing and second-largest copper producing state in Mexico, they control the second largest land position.
They have a long term 2% NSR with PAAS. They are located next to mines from world class players Fresnillo, MAG and Agnico Eagle. High grade mining everywhere.
+ At the San Acacio Project they have done over 25,000m of drilling since 2014.
The historic estimates are 14.3MOZ AG inferred and 4.0MOZ AG indicated.
They will acquire a 100% ownership this month. And they are working on a new MRE integrating the drilling from 2019 to 2023.
Intersects are from 100GT to 700GT AG EQ. The latest drilling has shown many additional intercepts of minerals. Like 1526GT AG and 1345GT AG close to surface.
+ At the Lucita Project they are also 100% owner. It is a high grade polymetallic system over multiple kilometres.
They found high grade silver intercepts over a 4km strike length. They are planning the next drilling phases. Their neighbours are Panuco and PAAS.
Grades are like 300GT - 700GT AG. A maiden drilling delivered 3260GT AG.
In the Michoacan State there seem to be 2 distinctive mineral systems. An AU-AG system, and an AU-CU-AG system.
Mineral resources are 1.8MOZ AU and 813MLBS CU in measured and indicated, as well as 0.18MOZ AU and 120MLBS CU inferred. They will soon come with an updated mineral resource estimate.
DEF is a good company, holding lots of assets, that has always done very well in a bull run. That's why I'm a stakeholder.
Concerning Pantera, I tried to fetch the investor presentation on the website, but unfortunately it was unavailable. In the news section i found the latest drill news from 2022. If someone can send me some information on the recent Pantera achievements, then I'm more than interested.
DYODD.