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DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE

Defense Metals Corp.

Defense Metals has an indicated mineral resource of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements), and inferred resources of 12,100,000 tonnes averaging 2.90% LREO.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada.


DEFN:TSX.V DFMTF:OTCQB 35D:FSE

Expert Comments:

News Financial

(10/12/20)
"Defense Metals Corp. has an option to acquire 100% of the 1,708-hectare Wicheeda rare earth element property. . .the company just last week strengthened its management team and appointed Andrew Leland as its strategic advisor. He has been with Lockheed Martin as a systems engineer since 2017."

Clive Maund, CliveMaund.com

(9/27/20)
"Defense Metals Corp. is a rare earth stock that looks like it is ready to break out above a line of resistance at about CA$0.205. . . it looks like a Buy here with the sector correction believed to have run its course."

Byron King, St. Paul Research

(9/26/20)
"Defense Metals Corp. is an early-stage exploration play holding claims on a well-endowed body of rare earth minerals in the middle of British Columbia. Drill results so far indicate large-scale, high-grade mineralization to make up a significant ore body."

Test work on a bulk sample from Defense Metals' Wicheeda project produced a concentrate grading 51.6% total rare earth oxide.
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headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

(9/15/20)
"Defense Metals Corp. saw an important piece of the rare earth processing puzzle fall into place when the government of Saskatchewan announced it will make CA$31M in funding available for a rare earth element (REE) processing facility. . .this could potentially be important for the company as its current plan is to produce a mineral concentrate at its Wicheeda REE project. . .as a mineral concentrate only has a payability of $0.20–0.25 on the dollar, additional upgrades to said mineral concentrate will be necessary to improve the economics."

Defense Metals reported that the Saskatchewan government will provide CA$31 million in funding for the province's first rare earth element processing facility.
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Defense Metals reports that test results show large-scale bulk sample flotation processing of its REE deposit material is viable.
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Thibaut Lepouttre, Caesars Report

(7/20/20)
"Defense Metals Corp. has initiated baseline surface water assessment studies on its Wicheeda rare earth elements project. . .this is a necessary step in preparation for advancing the project towards the permitting phase in case a feasibility study confirms the economics. . .before the preliminary economic assessment can be initiated, the company needs the results of the pilot plant, which should complete the first few trial runs later this month."

headshot of Byron King

Byron King, Whiskey & Gunpowder

(7/16/20)
"Defense Metals Corp. is one company that offers strong upside in a world where Lockheed just got shut off by China. The company is small but controls a superb, high-grade rare earths-bearing ore deposit in British Columbia that's rich in 'magnet' materials. Defense Metals is drilling on the site, and results have been promising to date."

Defense Metals aims to evaluate potential mine effects on surface water quantity.
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Defense Metals' resource update encompasses 49% more tonnage than the initial report.
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Bob Moriarty
Bob Moriarty of 321gold discusses this company that is exploring a rare earth element project in Canada.
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Defense Metals reports a 49% increase in tonnage and a 30% increase in overall average grade.
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Defense Metals is working toward updating its mineral resource.
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More Expert Comments

Experts Following This Company

headshot of Byron King
Byron King, Editor – Agora Financial
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
Clive Maund – CliveMaund.com
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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The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

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Readers should conduct their own research for all information publicly available concerning the company.

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
Q2
2019
SGS completion of Wicheeda bulk sample metallurgy phase 1
Q2
2019
DEFN initiates a Wicheeda deposit drilling program
Q3
2019