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Defiance Silver Appoints Armando Vazquez, M.Sc., C.P.G., as Vice President, Operations

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Defiance Silver Appoints Armando Vazquez, M.Sc., C.P.G., as Vice President, Operations

Executive Summary

Defiance Silver Corp. has strengthened its leadership team with the strategic appointment of Armando Vazquez as Vice President Operations, effective May 1, 2025. Vazquez brings considerable expertise to the role, having served as Senior Consultant at OreQuest Consultants since 2020 and supported Defiance's strategic development and drill targeting programs that have contributed to expanding the company's resource base.

The new VP Operations is a Qualified Person under NI 43-101 with over 14 years of specialized experience in designing and managing both grassroots and brownfield exploration programs. His technical expertise spans multiple deposit types including epithermal, porphyry, orogenic gold, and intrusion-related systems across key jurisdictions including Mexico, the United Kingdom, and Finland. Vazquez holds advanced credentials including a Master of Science in Exploration Geology from the prestigious Camborne School of Mines at the University of Exeter, where he was awarded a Chevening Scholarship.

In his expanded role, Vazquez will oversee operational execution across Defiance's project portfolio, including the district-scale Zacatecas project in Mexico's historic silver district and the Tepal Gold/Copper Project in Michoacán state. His responsibilities will encompass technical planning, exploration strategy development, and program delivery - critical functions as the company advances its capital-efficient exploration mandate focused on resource growth and new mineral discoveries.

Concurrently, the company has settled administrative service obligations by issuing 33,448 common shares at a weighted average price of $0.244 per share, extinguishing $7,980 in accrued debt under a non-arm's length service agreement with a company officer. This transaction, approved by the TSX Venture Exchange, reflects ongoing operational efficiency measures while the four-month hold period on issued shares maintains market stability. The appointment of Vazquez represents a significant step in Defiance's operational evolution as it continues advancing its Mexican precious metals and base metals portfolio.
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