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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:

Carsten Mainitz, News Financial

(4/29/21)
A few days ago, Defense Metals Corp. announced it had successfully completed a 26 ton flotation pilot plant campaign; from this, 1,200 kg of high-grade rare earth element mineral concentrate was recovered. Once commenced and subject to the company securing sufficient funding, completion of the various staged pilot campaigns is expected to take approximately six months."

Clive Maund, CliveMaund.com

(4/22/21)
"Defense Metals Corp. hit bottom and since then, the company rallied a little more, then consolidated in narrow range and now looks ready to advance anew, especially as it is on the point of breaking out of the reaction downtrend that took the form of a bullish falling wedge. Rare earths are set to be in greater demand so the larger bull market in defense metals should resume with a new uptrend taking hold. . .this is a good point to buy back Defense Metals."

Defense Metals Corp. reported that two interested third-party rare earth element processors have requested samples of high-grade REE mineral concentrate for evaluation.
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With XRT sorting, Defense Metals could upgrade the mineralization of feed from Wicheeda and "significantly reduce feed volume."
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Defense Metals Corp. reported that its 26-tonne pilot plant has been successful in removing impurities from flotation concentrate with only minimal rare earth element losses at its Wicheeda REE property.
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Also with this work, Defense Metals fine-tunes process variables, thus refining its metals separation flowsheet.
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Defense Metals reports that the LiDar data "arms us with an enhanced property-wide terrain model."
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Erik Wetterling, The Hedgeless Horseman

(1/28/21)
"Defense Metals Corp. owns an advanced rare earth element project in British Columbia, Canada. . .the company is quite an intriguing story given the favorable demand trend as well as strategic shift going on."

Clive Maund, CliveMaund.com

(1/24/21)
"Defense Metals Corp. is a rare earths stock that broke out of a giant base/trading range to enter a powerful uptrend as recently as a month ago, and although it has already more than doubled since then, it looks like this major uptrend has much further to run. . .the company is therefore rated an Immediate Buy for another run similar to its first one."

Stefan Feuler, News Financial

(1/7/21)
"Politicians are desperately looking in Europe or North America for alternatives to rare earth metals production in China. Defense Metals Corp., a mineral explorer, is at the top of the list. . .research is underway at the Wicheeda project in the province of British Columbia. The company says mineral resources are 4.9 Mt at an average grade of 3.02% light rare earth metals (LREO) and Inferred mineral resources of 12.1 Mt at an average grade of 2.90% LREO."

Greg Nolan, Equity Guru

(12/2/20)
"Everything appears to be lining up for Defense Metals Corp.'s highly strategic Wicheeda rare earth element (REE) deposit. . .the metallurgy looks good, great actually. . .and the underlying fundamentals supporting firmer REE prices really couldn't be better."

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
Erik Wetterling – The Hedgeless Horseman

Company News

6/7/2021 – Defense Metals Attends U.S. Embassy, Ottawa 2021 SelectUSA Virtual Investment Summit As A Canadian Delegation Member

5/26/2021 – Mining and Green Energy News: Defense Metals Announces Plans for 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program

5/26/2021 – Defense Metals Announces Plans for 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program

5/11/2021 – Defense Metals Provides Pre-Pilot Hydrometallurgy Update, Achieves High Rare Earth Extraction And Impurity Removal From Wicheeda Flotation Concentrate

4/20/2021 – Defense Metals Receives Hydrometallurgical Pilot Plant Proposal From SGS Canada Inc.

4/12/2021 – Defense Metals Prepares Additional High-Grade Rare Earth Element Concentrate Samples For Evaluation By Leading Global Rare Earths Producers

3/30/2021 – Defense Metals Retains SRK Consulting (Canada) Inc. to Complete Wicheeda Rare Earth Element Project Economic Scenario Analysis

3/23/2021 – Defense Metals Prepares High-Grade Rare Earth Element Concentrate Samples For Shipment to Multiple Potential Offtake Partners

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

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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