20:22:14 EDT Sat 10 Apr 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Defense Metals Corp
Symbol DEFN
Shares Issued 58,808,889
Close 2021-02-22 C$ 0.63
Recent Sedar Documents

Defense completes quarterly environmental monitoring

2021-02-22 07:25 ET - News Release

Mr. Craig Taylor reports

DEFENSE METALS COMPLETES QUARTERLY BASELINE ENVIRONMENTAL MONITORING WORK AT ITS WICHEEDA RARE EARTH ELEMENT CARBONATITE DEPOSIT

Defense Metals Corp. has completed quarterly stream flow measurements and water quality sample collection; in addition to installation of snow survey markers, weather station data download and equipment checks at its Wicheeda rare earth element (REE) property.

The road-accessible Wicheeda REE property is located close to infrastructure approximately 80 kilometres northeast of Prince George, B.C. The Wicheeda project has indicated mineral resources of 4.89 million tonnes averaging 3.02 per cent LREO (light rare earth elements) and inferred mineral resources of 12.1 million tonnes averaging 2.90 per cent LREO (1).

Despite higher than normal winter temperatures creating challenging ice conditions, with most stream sites still experiencing open water, environmental monitoring crews were able to complete the planned stream flow measurements and water chemistry sampling.

Quarterly site visits, scheduled as part of a two-year program of baseline environmental data monitoring initiated during summer 2020, are completed by Defense Metals' environmental consultant EDI (Environmental Dynamics Inc.) and Hydrologica Environmental Consulting Inc. Defense Metals is also pleased to announce the engagement of Northern Spruce Contracting Ltd., a 100-per-cent-aboriginal-owned company established in 2010 to provide environmental contracting services throughout Northern British Columbia.

Craig Taylor, chief executive officer of Defense Metals, stated: "Continuation of baseline environmental monitoring and ensuring we remain on schedule with completion of quarterly field visits demonstrates our commitment to advancing the Wicheeda REE project. Defense Metals continues to be one of the most active companies in the rapidly emerging REE space as we work in parallel on all facets of project development including: baseline environmental, pilot-scale metallurgical studies; in addition to economic modelling and scenario analysis as we work towards completion of a PEA during 2021."

About the Wicheeda REE property

The 1,708-hectare Wicheeda REE property, located approximately 80 kilometres northeast of the city of Prince George, B.C., is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

Geologically, the property is situated in the Foreland belt and within the Rocky Mountain trench, a major continental geologic feature. The Foreland belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE) and Wicheeda (REE) deposits.

Qualified person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE property has been reviewed and approved by Kristopher J. Raffle, PGeo (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, Alta., a director of Defense Metals and a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

About Defense Metals Corp.

Defense Metals is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of green energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100 per cent of the 1,708-hectare Wicheeda rare earth element property located near Prince George, B.C., Canada.

We seek Safe Harbor.

© 2021 Canjex Publishing Ltd. All rights reserved.