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 [...]
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 Engineer with Lockheed Martin since 2017, directly support's a Special Operation [...]
Defense Metals Corp. is pleased to announce it has received the final report from SGS Canada Inc. with respect to flotation pilot plant processing of its Wicheeda Rare Earth Element Property bulk sample at the SGS Canada Inc. Lakefield, ON metallurgical test facility. 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 [...]
Defense Metals Corp. is pleased to announce that SGS Canada Inc. and Defense Metals have submitted a technical paper titled: Beneficiation and Extraction of REE from Defense Metals' Wicheeda Deposit in BC to the 59th Conference of Metallurgist. The Wicheeda Rare Earth Element Deposit is located within Defence Metals' 1,708 hectare Wicheeda Project located near Prince George. The Wicheeda Deposit hosts indicated mineral [...]
Defense Metals Corp. is pleased to announce that the Government of Saskatchewan announced $31 million in funding for a Rare Earth Element Processing Facility in Saskatchewan. The facility will be owned and operated by the Saskatchewan Research Council. The conversion of REE ore to individual REE products is done in two main stages. The first is the concentration of ore to mixed REE Carbonate. The second is the more [...]
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