Defiance Silver Corp
F:D4E
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D
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Defiance Silver Corp
F:D4E
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Defiance Silver Corp
Defiance Silver Corp is a mineral exploration company that looks for silver deposits, mainly in Mexico. It does not run mines or sell finished metal. Its job is to find, test, and define mineral projects that could one day be developed into producing mines by a larger mining company or a partner. The company’s main work is drilling, sampling, mapping, and studying its properties to see whether they contain enough silver and related metals to matter commercially. Its customers are not consumers in the usual sense; its key audiences are investors and possible joint-venture partners who fund exploration in exchange for a share of the project or future upside. Defiance Silver makes money, when it does, through financing rather than metal sales. Like many junior explorers, it relies on issuing shares or bringing in partners to pay for exploration. Its business model is different from a miner’s because it sits at the earliest stage of the mining chain, where the goal is to create value by proving that a mineral deposit is worth developing.
Defiance Silver Corp is a mineral exploration company that looks for silver deposits, mainly in Mexico. It does not run mines or sell finished metal. Its job is to find, test, and define mineral projects that could one day be developed into producing mines by a larger mining company or a partner.
The company’s main work is drilling, sampling, mapping, and studying its properties to see whether they contain enough silver and related metals to matter commercially. Its customers are not consumers in the usual sense; its key audiences are investors and possible joint-venture partners who fund exploration in exchange for a share of the project or future upside.
Defiance Silver makes money, when it does, through financing rather than metal sales. Like many junior explorers, it relies on issuing shares or bringing in partners to pay for exploration. Its business model is different from a miner’s because it sits at the earliest stage of the mining chain, where the goal is to create value by proving that a mineral deposit is worth developing.
