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Bullboard - Stock Discussion Forum Defense Metals Corp DFMTF


Primary Symbol: V.DEFN

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... see more

TSXV:DEFN - Post Discussion

Defense Metals Corp > Will take any news at this point.
View:
Post by up2005 on Aug 25, 2021 9:28pm

Will take any news at this point.

1500 metre drill plan seems meek. They have burned through a lot of their cash reserves. The drill platform looks fine, it's concrete footings and timber beams. Getting the material to the site was most of the work. Let's see something, $ .22 and the need for more $$$ = another financing and more dilution.
Comment by ScandiumPower on Aug 26, 2021 9:42am
The new pads, in addition to three existing drill pads remaining from the highly successful 2019 drill program, will facilitate successful execution of the 2021 Wicheeda drill program which is expected to comprise a minimum of 2,000 metres and up to 5,000 metres. The 2021 drilling will focus on expanding the zone of REE mineralized dolomite-carbonatite to the north, in addition to further ...more  
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