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 [...]
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 [...]
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 [...]
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 [...]
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 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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Defense Metals Corp. is pleased to announce the appointment of Mr. Andrew Leland as a Strategic Advisor to the Company. Andrew Leland commented that: "There has never been a more pressing time than now for the United States of America and its allies to secure Rare Earth Elements from safe, reliable and friendly countries." Mr. Leland, Systems [...]