Play Video
The Zacatecas mining district has produced over 1 billion ounces of silver, said the company’s VP corporate development, Douglas Cavey.In mid-June Cavey spoke to Kitco at the Deutsche Goldmesse conference in Frankfurt, Germany. Cavey was joined by company CEO Chris Wright. The Zacatecas silver mining district is located in north-central Mexico. Defiance Silver’s holdings within Zacatecas include San Acacio, Lucita, and Lagartos projects.The project owned by Defiance Silver (CVE:DEF) is near some large silver producers: the polymetallic Cozamin mine operated by Capstone Mining and the Fresnillo silver mine, the world largest primary silver mine.Defiance’s project is near some large silver producers: the polymetallic Cozamin mine operated by Capstone Mining and the Fresnillo silver mine, the world’s largest primary silver mine operated by Fresnillo.Cavey said the project is favored by good infrastructure, such as power, water, paved road access and favorable topography. The company’s projects are just eight-kilometres north of Zacatecas City and Guadalupe. There is a strong mining culture with a skilled workforce nearby.Mapping, sampling, and drilling confirm numerous silver occurrences on the properties and indicate that there are also several untested bases and precious metals targets, said the company. The project’s current NI 43-101 mineral resource estimate comprises 16.9 million ounces of silver at 182.42 g/t silver in the inferred category.Cavey is most excited about an emerging vein system from property acquired from Pan American Silver.“We think this is the most exciting thing we’ve done in Zacetacas,” said Casey
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Share on email

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.