Defense Metals Corp. is pleased to announce a non-brokered private placement financing of up to 22,367,977 Common Shares of the Company at a price of $0.26 per Common Share, and a Concurrent Placement of up to 25,708,946 Common Shares at a price of $0.26 per Common Share, for aggregate gross proceeds of C$12.5 million . As part of the Concurrent Placement, the Company has received a lead order from RCF Opportunities Fund [...]
Defense Metals Corp. is pleased to announce that further to the news release dated April 12, 2023, all assays for the hydrometallurgical pilot plant have been received and interpretation of the data is largely complete. Data from Phase I have been used to optimize the design conditions for Phase II of the pilot plant. John Goode, P.Eng., Defense Metals' Consulting Metallurgist, commented as follows: "Phase I of the [...]
Defense Metals Corp. is pleased to announce that the Phase I of its hydrometallurgical pilot plant at SGS Lakefield has been successfully completed. John Goode, Consulting Metallurgist to Defense Metals and who attended the pilot plant, commented: "This first fully integrated pilot plant demonstration of the proposed Wicheeda hydrometallurgical process delivered exactly what was required of it. We have confirmed the [...]
Defense Metals Corp. announces that Defense Metals has joined the Vancouver-based Discovery Group led by Mr. John Robins and Mr. Jim Paterson. In addition, Mr. Dale Wallster has been appointed to the Company's board of directors. John Robins, Co-Founder and Principal of Discovery Group commented: "We are excited to welcome Defense Metals into Discovery Group. In my opinion, Defense represents a world-class opportunity in [...]
Defense Metals Corp. is pleased to report its technical team has completed updates to the Wicheeda Rare Earth Element Deposit 3D geological model. The geological model and resource estimation domain update, which incorporates over 10,000 metres of additional drilling within 47 diamond drill holes completed during 2021 and 2022 following completion of the Wicheeda Deposit preliminary economic assessment , is preparatory to [...]
Defense Metals Corp. is pleased to report favourable comminution results on multiple samples extracted from the Wicheeda deposit. The data allows the design of the crushing and grinding plant that will be an integral part of the planned Wicheeda development. These data are essential inputs to the upcoming pre-feasibility study . Comminution, i.e., crushing and grinding, will be the first step in the processing of material [...]
Defense Metals Corp. is pleased to announce that construction of the hydrometallurgical pilot plant has started and commissioning is scheduled to start in the second half of March. Craig Taylor, CEO of Defense Metals, stated: "We are excited to enter this important milestone of building and running the hydrometallurgical pilot plant, which is scheduled to be commissioned in late March. Pilot operations will be done in two [...]
Defense Metals Corp. is pleased to announce that construction of the hydrometallurgical pilot plant has started and commissioning is scheduled to start in the second half of March. Craig Taylor, CEO of Defense Metals, stated: "We are excited to enter this important milestone of building and running the hydrometallurgical pilot plant, which is scheduled to be commissioned in late March. Pilot operations will be done in two [...]
Defense Metals Corp. announces the completion of flotation tests on variability samples and a master composite prepared from drill core obtained from its 100% owned Wicheeda Rare Earth Element deposit located in British Columbia, Canada. John Goode, Defense Metals' metallurgical advisor, stated: "Flotation tests on variability samples from the dominant lithological unit of the Wicheeda REE deposit gave an average of 81 [...]
Defense Metals Corp. is pleased to announce it has engaged SRK Consulting Inc. to commence site geotechnical investigations at its wholly owned Wicheeda Rare Earth Element Project during 2023. The Company is also pleased to announce the appointment of Mr. Kevin Weston as Wicheeda REE Project Development Coordinator. Craig Taylor, CEO, and Director of Defense Metals stated: "We are excited to start this new phase of [...]
Defense Metals Corp. is pleased to announce Rare Earth Element assay results from the final two core drill holes, totalling 295 metres , completed during 2022 at its 100% owned Wicheeda REE Deposit. These assay results are from two exploration geotechnical core drill holes. The final drill hole returned the best drill intercept on a grade-times-width basis of the entire 18-hole 5,510 m 2022 campaign. Pit slope [...]
VANCOUVER, BC , Jan. 17, 2023 /CNW/ - Defense Metals Corp. is pleased to announce Rare Earth Element assay results from an additional eight core drill holes, totalling 2,104 metres , completed during 2022 at its 100% owned Wicheeda REE Deposit. These assay results are from two exploration, three resource delineation, and three pit slope geotechnical core drill holes, one of which returned the second longest [...]