VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 22, 2012) - Defiance Silver Corp ("Defiance") (TSX VENTURE:DEF) is pleased to announce that further to the Defiance news release dated August 31, 2011, George Gorzynski, P.Eng., has joined its Board of Directors. Mr. Gorzynski holds a Bachelor of Applied Science (Honours) from the University of Toronto and a Master of Applied Science from the University of British Columbia. He is a Professional Engineer registered in the Province of British Columbia. George has over 30 years experience exploring and developing mining projects in Mexico and worldwide.
In his role as Vice President of Exploration for IMPACT Silver, George was instrumental in acquiring, refurbishing and expanding the Royal Mines of Zacualpan, IMPACT's mining and milling operation in Zacualpan, Mexico. IMPACT produced over 750,000 ounces of silver in 2010 (IMPACT Annual Report 2010).
"We look forward to George bringing his considerable skills and experience with putting silver mines into production and operating them successfully in Mexico. Additionally, George will act as a representative of IMPACT Silver on Defiance's Board. IMPACT is a significant shareholder of Defiance Silver Corp," stated Bruce Winfield, President of Defiance Silver.
Defiance Silver Corp is a near-term silver producer in Mexico. With a strong team of proven mine finders and developers, Defiance is focused upon being an aggressive developer, explorer and acquirer of silver projects in the historic billion-ounce silver producing Zacatecas District.
Bruce Winfield, P. Geo., a Qualified Person under the meaning of Canadian National Instrument 43-101, is responsible for the technical content of this news release.
On behalf of Defiance Silver Corp.
Bruce Winfield, President and CEO
Forward-Looking Statements. This Defiance News Release may contain certain "forward-looking" statements and information relating to Defiance that are based on the beliefs of Defiance management, as well as assumptions made by and information currently available to Defiance management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including but not limited to, exploration and development risks, expenditure and financing requirements, title matters, operating hazards, metal prices, political and economic factors, competitive factors, general economic conditions, relationships with vendors and strategic partners, governmental regulation and supervision, seasonality, technological change, industry practices, and one-time events. Should any one or more risks or uncertainties materialize or change, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Specifically, there is no assurance that Defiance will be able to raise the funds necessary to close the transactions with Minera San Acacio S.A. de C.V. and IMPACT Silver Corp for the San Acacio mine and Santa Gabriela processing plant respectively nor that it will be able to bring the properties into production. Defiance does not assume the obligation to update any forward-looking statement.