News Release – Vancouver, British Columbia – February 1, 2021: Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) is pleased to announce that it has received final property-wide high-resolution airborne LiDaR (Light Detection and Ranging) survey results for its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Property (“Wicheeda”) near Prince George, British Columbia (BC).

The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1]. Flotation pilot-plant processing of a 26-tonne bulk sample of Wicheeda REE material yielded a mineral concentrate averaging 7.4% NdPr oxide (neodymium-praseodymium) critical magnet metals[2].

Defense Metals retained Eagle Mapping Ltd. of Port Coquitlam, BC to collect LiDAR and color aerial photography over the Wicheeda REE Project (see Defense Metals news release dated November 18, 2020). Property-wide LiDAR survey data was acquired at a minimum density of 8 points-per-square-metre, in addition to high-resolution 13 cm pixel color aerial photography (Figure 1).  

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is extremely pleased with the Wicheeda REE Property LiDaR survey results. This incredibly high-resolution dataset arms us with an enhanced property-wide terrain model. This level of precision is expected to positively impact project development efforts with respect to numerous ongoing studies including environmental baseline monitoring, geological modelling, and resource estimation; and looking forward to optimizing the siting of critical development infrastructure.”

CLICK HERE to read the full news release.

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