Defense Metals Corp.

Expert Comments:

News Financial (10/12/20) "Defense Metals Corp. has an option to acquire 100% of the 1,708-hectare Wicheeda rare earth element property. . .the company just last week strengthened its management team and appointed Andrew Leland as its strategic advisor. He has been with Lockheed Martin as a systems engineer since 2017."
Clive Maund, CliveMaund.com (9/27/20) "Defense Metals Corp. is a rare earth stock that looks like it is ready to break out above a line of resistance at about CA$0.205. . . it looks like a Buy here with the sector correction believed to have run its course."
Byron King, St. Paul Research (9/26/20) "Defense Metals Corp. is an early-stage exploration play holding claims on a well-endowed body of rare earth minerals in the middle of British Columbia. Drill results so far indicate large-scale, high-grade mineralization to make up a significant ore body."
REE Explorer's Flotation Pilot Plant Processing Achieves Goals (9/24/20) Test work on a bulk sample from Defense Metals' Wicheeda project produced a concentrate grading 51.6% total rare earth oxide. read more >
	Thibaut Lepouttre, Caesars Report (9/15/20) "Defense Metals Corp. saw an important piece of the rare earth processing puzzle fall into place when the government of Saskatchewan announced it will make CA$31M in funding available for a rare earth element (REE) processing facility. . .this could potentially be important for the company as its current plan is to produce a mineral concentrate at its Wicheeda REE project. . .as a mineral concentrate only has a payability of $0.20–0.25 on the dollar, additional upgrades to said mineral concentrate will be necessary to improve the economics."
Mineral Explorer Expects to Benefit from Province Funded REE Processing Plant (8/31/20) Defense Metals reported that the Saskatchewan government will provide CA$31 million in funding for the province's first rare earth element processing facility. read more >
REE Explorer Reports Positive Final Flotation Pilot Plant Results (8/15/20) Defense Metals reports that test results show large-scale bulk sample flotation processing of its REE deposit material is viable. read more >
Thibaut Lepouttre, Caesars Report (7/20/20) "Defense Metals Corp. has initiated baseline surface water assessment studies on its Wicheeda rare earth elements project. . .this is a necessary step in preparation for advancing the project towards the permitting phase in case a feasibility study confirms the economics. . .before the preliminary economic assessment can be initiated, the company needs the results of the pilot plant, which should complete the first few trial runs later this month."
	Byron King, Whiskey & Gunpowder (7/16/20) "Defense Metals Corp. is one company that offers strong upside in a world where Lockheed just got shut off by China. The company is small but controls a superb, high-grade rare earths-bearing ore deposit in British Columbia that's rich in 'magnet' materials. Defense Metals is drilling on the site, and results have been promising to date."
Rare Earths Explorer Starts Environmental Studies at BC Project (7/9/20) Defense Metals aims to evaluate potential mine effects on surface water quantity. read more >
New Estimate Expands BC Rare Earths Project Resource (6/30/20) Defense Metals' resource update encompasses 49% more tonnage than the initial report. read more >
Defense Metals in the Right Spot at the Right Time (5/16/20) Bob Moriarty of 321gold discusses this company that is exploring a rare earth element project in Canada. read more >
Explorer Updates Resource Estimate for Canada REE Deposit (5/14/20) Defense Metals reports a 49% increase in tonnage and a 30% increase in overall average grade. read more >
Explorer Completes 3D Geological Model of Canadian REEs Deposit (5/11/20) Defense Metals is working toward updating its mineral resource. read more >

More Expert Comments

	Thibaut Lepouttre, Caesars Report (6/24/20) "Open market buyers are now able to acquire Defense Metals Corp. stock at a 15% discount to the CA$0.20 hard dollar financing the company is currently conducting. . .completing the flowthrough financing is very relevant for Defense Metals as the proceeds will be used to compete the flotation plant to further refine and define the recovery rates of the rare earth elements hosting rock from the Wicheeda project."
Greg Nolan, Equity Guru (12/16/19) "Without skipping a beat, Defense Metals Corp. extended its winning streak delivering exceptional rare earth elements (REEs) values from its Wicheeda REE project. . .the market's apathy and the company's current low valuation could be a setup for one of the better trades going into 2020."
Greg Nolan, Equity Guru (11/28/19) "Defense Metals Corp.'s Nov. 27 headline number is the best yet, further demonstrating Wicheeda's continuity; drill hole WI19-31 assayed 4.43% light rare earth oxide (LREO being cerium, lanthanum, neodymium, praseodymium and samarium oxides) over a drill core interval of 83m. That's a solid hit, a super solid hit."
	Chris Parry, Equity Guru (11/20/19) "Defense Metals Corp. has a decent amount of both light rare earth oxides (LREOs) and total rare earth oxides (TREOs), it would appear; LREOs is the sweet spot, and TREOs encompass everything of value. . .the company ramped up 50% in a few days of good drill numbers, has had more since and, I expect, may have some more on the way. . .a worker bee like Defense Metals is a good spot to add to your watchlist."
Alex Sekella, Smart Money Gains (6/20/19) "Defense Metals Corp. has a proven asset base, large resource and major exploration program already underway. This stock's small $3.8M market capitalization has the potential to skyrocket. . .the growth potential in rare earths in North America can lead to profits for investors looking to take advantage of the macroeconomic effects of the trade war."
	Peter Epstein, Epstein Research (5/28/19) "Defense Metals Corp.'s Wicheeda could be in small-scale commercial production relatively quickly if the metallurgy is as good as management believes it might be. . .the reports and data from SGS should convey a tremendous amount of information about the potential feasibility of a mining operation. It's exciting times for rare earth elements and light rare earth elements juniors, especially so for this company's shareholders."
	Rick Mills, Ahead of the Herd (5/24/19) "Shareholders of Defense Metals Corp. can expect significant news flow starting soon. Metallurgical testing of the 30 ton bulk sample continues, and the company is planning on a massive drill program for 2019, leading to a 43-101 compliant resource estimate this fall."
Rick Mills, Ahead of the Herd (5/11/19) "The first assay results of the bulk sample program at Defense Metal Corp.'s Wicheeda project have been released. . .they're spectacular. A 30-ton random sample taken from the deposit revealed the presence of four defense and clean energy (magnet/lithium ion battery) rare earth elements: cerium, lanthanum, neodymium and praseodymium."
Rick Mills, Ahead of the Herd (3/14/19) "Defense Metals Corp. continues to advance its Wicheeda rare earth deposit north of Prince George, on Thursday releasing the first assay results of a bulk sample program. . .of significance is the finding of praseodymium. Wicheeda had, up to now, been viewed as a cerium-lanthanum-neodymium deposit; the addition of praseodymium not only adds another magnet metal but potentially adds to the economic potential of the project."
Rick Mills, Ahead of the Herd (3/2/19) "Defense Metals Corp. has come up with a very manageable plan to cost effectively put an extremely prospective rare earths deposit into production. . .each step that is successfully completed will provide more confidence for investors and further derisk the project. If all these steps are completed, we see there being no shortage of customers wanting to purchase the company's high-purity rare earth elements concentrate."
	Bob Moriarty, 321 Gold (2/4/19) "Defense Metals Corp. is a young company in Vancouver that offers investors an interesting option in two important metals, light rare earth elements (REEs) and uranium. . .with a market cap of under $5M, the company seems perfectly positioned for advances in either REEs as green energy moves forward or in energy with higher prices for U3O8."
	Rick Mills, Ahead of the Herd (1/26/19) "Vancouver-based Defense Metals Corp. signed an option agreement with Spectrum Mining in November 2018 for its Wicheeda Lake claims. In the new year Defense Metals began trading on the TSX Venture Exchange. . .the company is also into uranium, with two well-placed properties in the Athabasca Basin."

Experts Following This Company

	Byron King, Editor – Agora Financial
	Thibaut Lepouttre, Editor – Caesars Report
Clive Maund – CliveMaund.com
	Bob Moriarty, Author – 321 Gold
Tina Normann, Analyst – Eight Capital
	Chris Parry – Equity Guru

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