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Defense Metals Corp V.DEFN

Alternate Symbol(s):  DFMTF

Defense Metals Corp. is a Canada-based mineral exploration and development company. The Company is focused on the development of its 100% owned Wicheeda Project, which is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada. The Wicheeda Project consists of 12 mineral claims covering an area of approximately 8,301 hectares (20,534 acres) located 80 kilometers northeast of the city of Prince George, British Columbia, Canada. Its rare-earth elements project delivers critical metals commonly used in the defense and national security industries, and in the production of green energy technologies.


TSXV:DEFN - Post by User

Comment by CovieNRAon Nov 24, 2021 1:42pm
112 Views
Post# 34162282

RE:RE:PEA is out

RE:RE:PEA is outScandiumPower:
I don't think the inferred resource is included in the NPV after-tax value of $512M.  Is that correct?  Is that what you are seeing?
If that is the case, then that NPV value would double if they get the inferred moved to indicated or measured.
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