Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update


Rare Earths Explorer Starts Environmental Studies at BC Project
News Update

Share on Stocktwits


Defense Metals aims to evaluate potential mine effects on surface water quantity.

Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced in a news release that a baseline surface water quality assessment is underway at its Wicheeda rare earth elements (REEs) project in British Columbia.

"With the initiation of this multiyear program of baseline surface water hydrology and water quality assessment, we continue to be forward looking with respect to advancement of the Wicheeda REEs project," Defense Metals President and CEO Craig Taylor said in the release.

The aim of this work, being done by Environmental Dynamics Inc. (EDI), is to evaluate potential mine effects on surface water quantity. For this purpose, eight places on the 1,708 hectare Wicheeda property were selected as possible sites for a hydrometric station that would continuously monitor and log the water level. Discharge data from these sites will be collected over two years to determine a baseline. Water quality measurements and sampling will be done as well.

Already, the company noted that EDI collected samples from seven stream and lake sites around Wicheeda, results for which are pending. It measured manual stream flow from spring snow thawing at five locations, and it assessed the proposed station sites.


1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Defense Metals. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Defense Metals, a company mentioned in this article.

Want to read more about Critical Metals investment ideas?
Get Our Streetwise Reports Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe