Defense Metals Corp.

Defense Metals Corp. is pleased to announce that in light of renewed and sustained uranium interest which has driven uranium spot prices to multi-year highs, it has commenced an updated internal technical review of its Athabasca Basin uranium project holdings. During 2018, Defense Metals acquired 100% of the Geiger North and Klaproth projects for a combination of cash and share payments; with Geiger North being subject to [...]

Defense Metals Corp. is pleased to provide an update with respect to its ongoing Wicheeda Rare Earth Element deposit resource expansion and delineation diamond drill program. The first drill hole of the 2021 campaign testing the North Zone of the Wicheeda REE Deposit has intersected a 215-metre core interval of visually REE mineralized carbonatite, the longest carbonatite interval ever drilled on the Project . The program [...]

Defense Metals Corp. is pleased to announce commencement of diamond drilling at its Wicheeda Rare Earth Element deposit. The Company plans to complete up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources. The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia . The [...]

Defense Metals Corp. is pleased to announce that it has completed steep terrain drill pad construction in preparation for commencement of its 2021 Wicheeda Rare Earth Element Deposit resource expansion and definition diamond drill program. Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element Property, which is located close to infrastructure approximately 80 kilometres northeast [...]

Defense Metals Corp. is pleased to announce the execution of a non-binding Memorandum of Understanding with Sinosteel Equipment & Engineering Co., a subsidiary of Sinosteel Corporation, consisting of information sharing, beneficiation testwork and potential concentrator design research cooperation, and an investigation into the establishment of an on-site large-scale pilot plant at the Wicheeda Rare Earth Property to [...]

Defense Metals Corp. is pleased to announce that it has engaged the services of an experienced British Columbia-based diamond drill pad construction contractor to begin steep-terrain drill pad construction in anticipation of commencing its 2021 Wicheeda Rare Earth Element Deposit resource expansion and definition diamond drill program. The Company expects pad siting and construction to commence at the end of July 2021. To [...]

Defense Metals Corp. is pleased to announce that having been invited by the U.S Embassy in Ottawa, it will be attending the 2021 SelectUSA Investment Summit to be held virtually June 7-11, 2021. Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element Property, which is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia . The [...]

Defense Metals Corp. is pleased to announce plans to complete a diamond drill campaign during 2021 at its Wicheeda Rare Earth Element deposit. The Company plans to complete a minimum of 2,000 metres and up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources. The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres [...]

Defense Metals Corp. is pleased to announce that it has closed its previously announced private placement to institutional investors of its common shares and warrants to purchase common shares for aggregate gross proceeds to the Company of Cdn$5.0 million . Pursuant to the Private Placement, the Company issued 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a purchase price of Cdn$0.32 [...]

Defense Metals Corp. is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares and warrants to purchase common shares to institutional investors only for aggregate gross proceeds to the Company of Cdn$5.0 million. Pursuant to the Private Placement, the Company will issue 15,625,000 Common Shares and Warrants to purchase up to 15,625,000 Common Shares at a [...]