Defense Metals Corp. is pleased to announce that it has closed a non-brokered private placement for gross proceeds of $4,558,049.57, consisting of 6,340,057 flow-through common shares of the Company at a price of $0.35 per FT Share and 8,996,267 units of the Company at a price of $0.26 per Unit. Each FT Share is a "flow-through share" within the meaning of the Income Tax Act. Each Unit consists of one common share of the [...]
Defense Metals Corp. is pleased to announce results for an additional two diamond drill holes totalling 189 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-45 through WI21-48 were collared from the same site and within the northern area of the Wicheeda Rare Earth Element deposit. Drill hole WI21-49 returned 3.79% TREO over 150 metres; including 4.77% TREO [...]
Defense Metals Corp. is pleased to announce results for an additional four diamond drill holes totalling 615 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-45 through WI21-48 were collared from the same site and within the northern area of the Wicheeda Rare Earth Element deposit. Drill hole WI21-48 returned 2.50% TREO over 176 metres; including 6.14% TREO [...]
Defense Metals Corp. is pleased to announce results for an additional six diamond drill holes totalling 845 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-39 and WI21-40 collared from the same pad, and holes WI21-41 through WI21-44 sited 100 metres north were designed to further delineate the Wicheeda Rare Earth Element deposit. Drill hole WI21-40 returned [...]
Defense Metals Corp. is pleased to announce results for an additional two diamond drill holes totalling 324 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-37 and WI21-38 collared from the same pad on section were designed to further delineate and upgrade existing resource categories of the Wicheeda Rare Earth Element deposit. The two infill holes [...]
Defense Metals Corp. is pleased to announce results for an initial four diamond drill holes totalling 795 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-33 through WI21-36, collared from the same pad, were designed to expand the Wicheeda Rare Earth Element deposit and further upgrade existing resource categories. All four holes intersected high-grade REE [...]
Defense Metals Corp. is pleased to announce the addition of John Goode, P.Eng. an internationally recognized rare earth element processing expert to the Defense Metals advisory board. Mr. Goode has been responsible for design, monitoring, and interpretation of several programs of beneficiation and hydrometallurgical testwork, engineering and economic evaluations of new and existing processing operations for the recovery [...]
Defense Metals Corp. is pleased to announce that 1,576 core samples representing 23 drill holes totalling approximately 3,900 metres of diamond drill core have been shipped and received by ALS Canada Ltd. from its Wicheeda rare earth element Project. Samples shipped to date represent more than 70% of the 2021 drilled meterage from the Company's highly successful 29 hole, 5,349 metre diamond drill program designed to [...]
Defense Metals Corp. is pleased to highlight the accomplishments of 2021, and outlines the Company's key goals for 2022. At the start of 2022, the Company filed a preliminary economic assessment and finalized the 100% acquisition of the Wicheeda Rare Earth Element Project. Defense Metals has also strengthened the Company's leadership with new executive and board appointments . Additional goals for this year, include: 2022 [...]
VANCOUVER, BC, Jan. 17, 2022 /CNW/ - Defense Metals Corp. announces that it is reinforcing its leadership team, following the acquisition of the Wicheeda Rare Earth Element Property. The Company has made the following additions to the Management Team and Board of Directors, as follows: Appointment of Dr. Luisa Moreno as President of Defense Metals. Dr. Moreno was first nominated to the Board of Directors on October 25th [...]
Defense Metals Corp. is pleased to announce that it has completed the acquisition of Spectrum Mining Corporation , the holder of a one hundred percent interest in the Wicheeda Rare Earth Element Property. Pursuant to the option agreement between the Company and Spectrum dated November 22, 2018 , Defense Metals fulfilled all required cash payments, share issuances and exploration expenditure requirements necessary to [...]
Defense Metals Corp. is pleased to announce that the Preliminary Economic Assessment NI 43-101 Technical Report on the Wicheeda Rare Earth Element Project in British Columbia has been filed on SEDAR. The Technical Report, which is dated January 6, 2022, has an effective date of November 7, 2021, and is entitled "Preliminary Economic Assessment for the Wicheeda Rare Earth Element Project" and was prepared by SRK Consulting [...]
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