Darrell Rader: District Scale Silver in Mexico

Darrell discusses the silver market and Defiance Silver’s prospects in Mexico. When coming into a bull market silver will typically dramatically outperforms gold and the same is also the case with silver equities. In the last bull market Defiance had the first mover advantage and they were one of the top five performing silver equities. They have a good resource base with a team of proven mine finders plus a robust management team. They are a group of silver bugs with a lot of experience.

He discusses their San Acacio Project, which has a long history in Mexico. There are several large historic veins in the area and several other mining operations. Much of the area has not been drilled at depth, and this is one of Defiance’s objectives. Mexico is known for high-grade narrow veins with spectacular grades, but the system they are looking at is quite broad.

They are expanding their resource by drilling outside of the historic area. So far, they have drilled an additional 5000 meters and expanded their internal resource estimates.

They are excited to explore a below surface extension of 3.9km of the Historic Veta Grande Vein. They are looking to discover additional silver shoots along this vein which they know continues.

They have conducted an IP survey along the vein which showed some promising anomalies and followed up with a new technology called an Atomic Energy Resonance Imaging Survey. This survey can differentiate mineral types at depth and has shown silver anomalies and a larger copper target. They plan on drilling the copper target shortly.

Time Stamp References:
1:00 – Intro to Defiance Silver.
2:00 – Why silver outperforms.
2:30 – Reasons to invest in Defiance.
4:00 – Their San Acacio Project.
6:30 – Their development plans.
9:00 – Unexplored vein with potential.
10:45 – Large anomaly detected.
15:00 – New Tepal Gold-Copper Project.

Talking Points From This Week’s Episode
• Silver in a bull market will outperform gold.
• They have a proven experienced team.
• Their San Acacio Project has a lot of promise.
• Recently acquired another project in Mexico called Tepal.

Darrell Rader, BBA, is Founder and Director of Defiance Silver. He is responsible for the company’s marketing and financing. Having directly raised over $60 million for mineral exploration and development over the past decade, Mr. Rader has significant contacts with institutional investors. He is currently the President and CEO of Mexican-focused Minaurum Gold and previously served as the Manager of Corporate Development for Energold Drilling Corp and IMPACT Silver Corp. Over his eight-year tenure, Energold grew from three drill rigs to over eighty in its fleet and IMPACT was transformed from a grassroots silver explorer into a profitable silver miner.

Sign Up For Our 2019 Uranium Report