Defiance Silver ("Defiance") has appointed George Cavey to its Board of Directors replacing Dunham Craig. The Company announces that Dunham L. Craig has resigned as a director of the Company effective October 12, 2023,
so that he can focus his efforts on other commitments. Mr. Cavey is currently the Vice President of Exploration for Defiance. Mr. Cavey is a senior consulting geologist and the former Vice President of Orko Silver, who discovered the 264 million ounce La Preciosa silver deposit in Mexico. Orko Silver was acquired by Coeur Mining in April 2013 for $380 million. With over 40 years of experience, Mr. Cavey has been the President of OreQuest Consultants Ltd. since 1982. He is past President of the Canadian Council of Professional Geoscientists (now Geoscientists Canada) and was the recipient of the 2004 C.J. Westerman Memorial Award - British Columbia's highest recognition award for a professional geoscientist for his outstanding and professional contributions. Mr. Cavey was also the recipient of the 2010 Canadian Professional Geoscientist
Award - the highest recognition award for a professional geoscientist in Canada.