Defense Metals Corp. is pleased to announce that it has received additional pre-pilot hydrometallurgical test work utilizing high-grade rare earth element mineral concentrate produced during Defense Metals' highly successful 26-tonne flotation pilot-plant that yielded a mineral concentrate averaging 7.4% NdPr oxide 1. The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres [...]
Defense Metals Corp. is pleased to announce that it has engaged Welsbach Holdings Pte Ltd. to assist in building awareness for its Wicheeda Rare Earth Element Property , providing physical product market research, introductions to supply chain partners, and assistance in commercial negotiations. The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince [...]
Defense Metals Corp. is pleased with recent Canadian-US government integration plans regarding electric vehicles and critical minerals such as Rare Earth Elements. Craig Taylor, CEO of Defense Metals commented: "As we continue to advance the 1,708 hectare Wicheeda Rare Earth Elements deposit located near Prince George, British Columbia, we are actively engaging with government agencies and affiliated government groups. We [...]
Defense Metals Corp. is pleased to announce that it has received final property-wide high-resolution airborne LiDaR survey results for its 1,708 hectare Wicheeda Rare Earth Element Property near Prince George, British Columbia . The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO1. Flotation pilot-plant [...]
Defense Metals Corp. is pleased to announce its support as a Founding Member of the recently launched Canadian Critical Minerals and Materials Alliance . Defense Metals and nine other C2M2A founders reflect a broad knowledge base across the suite of critical material supply chains; including current & prospective producers and processors, commercial & national laboratories, academia and innovation hubs, and engineering [...]
Defense Metals Corp. is pleased to announce that it has commissioned the Saskatchewan Research Council to complete an X-Ray Transmission sorting amenability study with respect to mineralized feed sourced from its 1,708 hectare Wicheeda Rare Earth Element Property located close to existing infrastructure near Prince George, British Columbia . Defense Metals and SRC have been awarded National Research Council of Canada [...]
Defense Metals Corp. is pleased to announce that 3,157,828 warrants with an exercise price of $0.20 were exercised and the remaining unexercised warrants with an expiry date of December 21, 2020 have expired. The proceeds of the exercise of these warrants were $631,565.60. The use of proceeds will be used to complete the preliminary economic assessment in the new year, and for general working capital and corporate [...]
Defense Metals Corp. is pleased to announce the appointment of Mr. Jamie Spratt as a Strategic Advisor to the Company. Mr. Spratt is Principal at Walmsley Capital Inc., a focused mining corporate finance and advisory business that he founded in 2019. Over the past 14 years, Jamie has developed extensive mining capital markets and investment sector experience. He has built a strong reputation as an analyst and advisor [...]
Defense Metals Corp. is pleased to announce that it has commissioned SGS Canada Inc. to complete additional pre-pilot hydrometallurgical test work utilizing high-grade rare earth element mineral concentrate produced during the Company's highly successful 26 tonne flotation pilot-plant that yielded a mineral concentrate averaging 7.4% NdPr oxide. Craig Taylor, CEO comments: "The previously closed $0.25 per share private [...]
Defense Metals Corp. is pleased to announce that as part of its ongoing baseline environmental monitoring program it has recently completed meteorological station installation, stream flow monitoring, and a property-wide high resolution airborne LiDaR survey at its 1,708 hectare Wicheeda Rare Earth Element Property located close to existing infrastructure near Prince George, British Columbia . Craig Taylor, CEO of Defense [...]
Defense Metals Corp. is pleased to announce that on Friday November 13, 2020, Fortress Value Acquisition Corp. held a special meeting to consider the previously announced business combination with MP Materials . MP Materials is the owner and operator of Mountain Pass, the only rare earth element mining and processing site of scale in North America1. The FVAC-MP Materials special meeting represents a significant milestone [...]
Defense Metals Corp. is pleased to announce that further to its news release on October 27, 2020, it has closed a non-brokered private placement of 2,525,000 units for gross proceeds of $505,000. As previously disclosed, each Unit was priced at $0.20 and is comprised of one common share and one common share purchase warrant. Each Warrant is exercisable to purchase one common share of the Company at a price of $0.25 per [...]
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