Defense Metals in the Media

Dear reader,

Since we published our initial recommendation to buy shares of Defense Metals (TSX-V:DEFN, OTC:DFMTF), the company’s management has continued to inform the investing community about the company’s successes.

For your convenience, we compiled a list of recent media appearances by Defense’s senior team, as well as news coverage of its progress at the company’s Wicheeda project.

To read our initial recommendation, please click here.

• Rare Earth Co. on Track for Important Feasibility Study in Q2 (StreetWise Reports)
• British Columbia rare earth project testing makes 50% TREO concentrates with 80% recovery (Mining.com)
• Defense Metals’ Wicheeda REE project speeds toward mid-2024 PFS (Northern Miner)
• Strategic Metals 2024: Navigating Global Supply Dynamics (USA Wire)
• BC unveils plan to boost critical minerals sector (MYPGNOW)

From the Company

This week, Defense announced further progress toward a pre-feasibility study (or PFS) at its Wicheeda project.

From the press release:

• The metallurgical test work required for the PFS has been completed. Multiple bench-scale flotation and flotation pilot plant test work resulted in the production of a high-grade mineral concentrate containing 50 per cent total rare earth oxide (TREO) with an 80-per-cent recovery rate, which will be included in the PFS for the first eight years of mine life.
• Bench-scale and hydrometallurgical pilot plant test work shows that the planned acid bake process will deliver approximately 90-per-cent TREO extraction from the mineral concentrate to a mixed rare earth carbonate product.
• Economic evaluation and cash flow modelling are in progress.
• PFS report completion in the second quarter of 2024 is on schedule.

We invite you to read the full press release here.

The company keeps reassuring investors that its progress toward a PFS is on track. It aims to deliver the study in the second quarter of this year.

The results of this study could potentially become a massive catalyst for the company’s stock.

The latest press release confirms our thesis. Defense Metals (TSX-V:DEFN, OTC:DFMTF) remains a leading rare earth metals company in Canada.

As a result, we reiterate our recommendation to buy its shares.

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Disclosure

The Canadian Mining Report has been retained by Defense Metals Corp to provide various digital marketing and advertising services. We have been paid to provide editorial and marketing services to profile the company and its project. The preceding Article is PAID FOR CONTENT sponsored by Defense Metals Corp. and produced in cooperation with CanadianMiningReport.com. The publisher of CanadianMiningReport.com owns securities positions in Defense Metals Corp and may trade on their own behalf at any time without prior notice, however, it is our general policy to not sell any shares while we are currently engaged with a client.

The Canadian Mining Report's business model includes receiving financial compensation to carry out various services for companies which may include advertising, marketing and dissemination of publicly available information. This compensation is a major conflict of interest in our ability to be unbiased.

Disclaimer

The material in this article should not under any circumstances be construed as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Neither Canadian Mining Report (the "Publisher", "we", "us", or "our"), nor any of its principals, directors, officers, employees, or consultants ("Publisher Personnel"), are registered investment advisers or broker-dealers with any agencies in any jurisdictions. Canadian Mining Report ("Canadian Mining Report", "Us", "Our" and/or "We") is a Canadian based media company that typically works with publicly traded companies and provides digital marketing strategies and services.

At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. We do not provide personalized or individualized investment advice or advice that is tailored to the needs of any particular recipient. Read More

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Disclosure / Paid Services

The Canadian Mining Report has been retained by Defense Metals Corp. to provide various digital marketing and advertising services. We have been paid to provide editorial and marketing services to profile the company and its project. The preceding Article is PAID FOR CONTENT sponsored by Defense Metals Corp. and produced in cooperation with CanadianMiningReport.com. The publisher of CanadianMiningReport.com owns securities positions in Defense Metals and may trade on their own behalf at any time without prior notice, however, it is our general policy to not sell any shares while we are currently engaged with a client.

The Canadian Mining Report's business model includes receiving financial compensation to carry out various services for companies which may include advertising, marketing and dissemination of publicly available information. This compensation is a major conflict of interest in our ability to be unbiased.

Sources

Disclaimer

The material in this article should not under any circumstances be construed as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Neither Canadian Mining Report (the "Publisher", "we", "us", or "our"), nor any of its principals, directors, officers, employees, or consultants ("Publisher Personnel"), are registered investment advisers or broker-dealers with any agencies in any jurisdictions. Canadian Mining Report ("Canadian Mining Report", "Us", "Our" and/or "We") is a Canadian based media company that typically works with publicly traded companies and provides digital marketing strategies and services.

At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. We do not provide personalized or individualized investment advice or advice that is tailored to the needs of any particular recipient. Read More