Defense Metals Corp DFMTF

Primary Symbol: V.DEFN

Metals & Mining Industrial Metals & Minerals

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.

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Defense Metals Corp > Defense Metals Acquires 100% of the Wicheeda REE Project

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Comment by ElJon Jan 15, 2022 12:07am

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Post# 34319793

RE:RE:RE:Defense Metals Acquires 100% of the Wicheeda REE Project

Without relatively significant risk embracing money, to take ownership in an informed manner of a property such as the Wicheeda Rare Earths deposit, requires technical analysis of resource and studies of processing options to evaluate, even to a basic viability level.

Investment here has, under current strategic plans, a very long timeframe to production (approx. 4 years to first stage of saleable product), unless partnership with program urgency, proven-appropriate-experience and funding assurance can be welcomed to join.

I anticipate the latter approach as a reasonable balance between risk and reward; viability and failure; marketplace opportunity and urgency,

Peace,
Good Decision-making to All,
ElJ

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