Exploration Potential
Defiance’s management sees three avenues that will add meaningful value at Tepal with minimal exploration expenditure:
- Adding Ounces: Drilling along strike and dip as mineralization follows newly identified structural controls and feeders whose strike and depth remain unexplored.
- Improving Grade: An angled drill program or a bulk sample has potential to show improved overall grade by including more of these observe vertical controls.
- New Discovery Potential: Intrusion and epithermal-related mineralization, along with the discovery of important exploration indicators in outcrop may indicate an untested and mineralized epithermal system with high-grade discovery potential.