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.


Expert Comments:

The contents of this memo between Defense Metals and a Chinese minerals processing expert are described in a Highballer Stocks report, which notes "demand from every corner of the tech arena."
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Carsten Mainitz, News Financial

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,

"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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Erik Wetterling, The Hedgeless Horseman

"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,

"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

"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

"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

Clive Maund –
Erik Wetterling – The Hedgeless Horseman

Company News

9/8/2021 – Defense Metals Commences 2021 Wicheeda Rare Earth Element Deposit Resource Expansion and Definition Diamond Drill Program

8/25/2021 – Defense Metals Completes Drill Pad Construction In Advance Of 2021 Wicheeda Rare Earth Element Deposit Drill Campaign

8/10/2021 – Defense Metals Announces Landmark Memorandum of Understanding with Sinosteel MECC for Information Sharing, Beneficiation Testwork, and Investigation into Establishing a Large-Scale Pilot Plant at the Wicheeda Rare Earth Property

7/16/2021 – Defense Metals Prepares for 2021 Wicheeda Rare Earth Element Deposit Drilling Campaign

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