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Junior explorers in Mexico merge

Mexico-focused explorers Defiance Silver (TSXV: DEF) and ValOro Resources (TSXV: VRO) have completed their friendly merger, saying pro-mining indications and rising precious metals prices meant the time was right to unlock value in their advanced projects.

Junior explorers in Mexico merge Junior explorers in Mexico merge Junior explorers in Mexico merge Junior explorers in Mexico merge Junior explorers in Mexico merge

Defiance and ValOro complete merger

Defiance brings the 17.9 million ounce silver-equivalent San Acacio deposit in Zacatecas to the partnership, while ValOro brings the Tepal gold-copper project in Michoacán state.