Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition, exploration and development of minerals, metals and elements commonly used in the protection of our nation and other nations abroad. The company (i) owns a 100% interest in prospective uranium claims in the Athabasca Basin, Saskatchewan totalling approximately 9,362.65 hectares; (ii) has an option to acquire 100% of the Wicheeda Rare Earth Element Project located in Prince George, British Columbia; and (iii) has an option to acquire 100% of the Lac Burge gold property located approximately 215 km northeast of Val d'Or, Quebec.


Expert Comments:

Defense Metals' decision to move forward marks another milestone in the advancement of its Wicheeda project.
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Defense Metals summarizes the testing highlights at its BC REE project.
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All of the firm's aims center on rapidly advancing its deposit in Canada.
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Greg Nolan, Equity Guru

"Without skipping a beat, Defense Metals Corp. extended its winning streak delivering exceptional rare earth elements (REEs) values from its Wicheeda REE project. . .the market's apathy and the company's current low valuation could be a setup for one of the better trades going into 2020."

The company reports the assays for its campaign's last two drill holes for its Canadian REE project.
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Bob Moriarty
Bob Moriarty of 321gold looks at the LREO explorer's drill results at its Canadian project.
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Consequently, additional drill testing is warranted in the specific host zone.
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The hit is in a previously untested area, north of the existing resource estimate.
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Greg Nolan, Equity Guru

"Defense Metals Corp.'s Nov. 27 headline number is the best yet, further demonstrating Wicheeda's continuity; drill hole WI19-31 assayed 4.43% light rare earth oxide (LREO being cerium, lanthanum, neodymium, praseodymium and samarium oxides) over a drill core interval of 83m. That's a solid hit, a super solid hit."

Through recent results, the defense metals company also extends the mineralization there.
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headshot of Chris Parry

Chris Parry, Equity Guru

"Defense Metals Corp. has a decent amount of both light rare earth oxides (LREOs) and total rare earth oxides (TREOs), it would appear; LREOs is the sweet spot, and TREOs encompass everything of value. . .the company ramped up 50% in a few days of good drill numbers, has had more since and, I expect, may have some more on the way. . .a worker bee like Defense Metals is a good spot to add to your watchlist."

Alex Sekella, Smart Money Gains

"Defense Metals Corp. has a proven asset base, large resource and major exploration program already underway. This stock's small $3.8M market capitalization has the potential to skyrocket. . .the growth potential in rare earths in North America can lead to profits for investors looking to take advantage of the macroeconomic effects of the trade war."

headshot of Peter Epstein

Peter Epstein, Epstein Research

"Defense Metals Corp.'s Wicheeda could be in small-scale commercial production relatively quickly if the metallurgy is as good as management believes it might be. . .the reports and data from SGS should convey a tremendous amount of information about the potential feasibility of a mining operation. It's exciting times for rare earth elements and light rare earth elements juniors, especially so for this company's shareholders."

headshot of Rick Mills

Rick Mills, Ahead of the Herd

"Shareholders of Defense Metals Corp. can expect significant news flow starting soon. Metallurgical testing of the 30 ton bulk sample continues, and the company is planning on a massive drill program for 2019, leading to a 43-101 compliant resource estimate this fall."

More Expert Comments

Experts Following This Company

headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Rick Mills
Rick Mills Ahead of the Herd
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Gold
Tina Normann, Analyst – Eight Capital
headshot of Chris Parry
Chris Parry – Equity Guru

The information provided above is from analysts, newsletters, the company and other contributors.

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Investing Highlights
Diversified Approach (Rare Earth and Uranium ) Extensive Local Infrastructure
Strong Executive Team and Board/ Advisory, Implementing Focused Strategy
Proven and Renowned Asset Base, Large Resource Growth Opportunity
catalyst Calendar
SGS completion of Wicheeda bulk sample metallurgy phase 1
DEFN initiates a Wicheeda deposit drilling program