Tag: Defense

Jervois Global Commences Drilling on Sunshine Deposit Adjacent to ICO; Costs Refundable by U.S. Department of Defense

2023-08-01 18:50:37 Mr. Bryce Crocker reports: Highlights: Jervois commences US$2.4 million surface drilling campaign at Sunshine deposit, fully-refundable by the United States (“U.S.”) Government per the previously announced Department of Defense (“DoD”) Defense Production Act (“DPA”) Title III US$15.0 million funding agreement   Sunshine is an historic resource adjacent to Jervois’ 100% owned ICO deposit; […]

Jervois Global Commences U.S. Cobalt Refinery Site Selection; Costs Refundable by U.S. Department of Defense

2023-08-01 18:49:00 Highlights: Jervois commences a US$0.3 million site selection process (“Site Selection”) for its proposed cobalt refinery in the United States (“U.S.”), as the first stage of preparing a bankable feasibility study (“BFS”) for the refinery  BFS (including Site Selection) is fully-refundable by the U.S. Government via the previously announced US$15.0 million Department of […]

Defense Metals Engages Hatch Ltd. and SRK Consulting (Canada) for Wicheeda Rare Earth Element Project Preliminary Feasibility Study

2023-08-01 05:01:38 VANCOUVER, BC, Aug. 1, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to confirm that it has engaged Hatch Ltd. (“Hatch“) and SRK Consulting (Canada) Inc. (“SRK“) as principal consultants for the completion of a preliminary feasibility study (“PFS“) regarding its Wicheeda […]

Graphite One Awarded $37.5 Million Department of Defense Grant Under the Defense Production Act

2023-07-17 05:58:44 Funding for feasibility study highlights graphite as a battery material “essential for the national defense” CEO: DoD Grant “underscores confidence in our strategy to build a 100% U.S.-based advanced graphite supply chain” VANCOUVER, BC, July 17, 2023 /CNW/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One”, “G1” or the “Company”), planning […]

Defense Metals Completes Hydrometallurgical Pilot Plant Testing and Initiates Pre-feasibility Study Design Work

2023-06-06 06:04:54 VANCOUVER, BC, June 6, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the completion of Phase II hydrometallurgical pilot plant test work for its wholly-owned Wicheeda Rare Earth Element (“REE“) Project and commencement of Pre-Feasibility Study (PFS) work. John Goode, […]

Defense Metals Announces Closing of its $12.5 Million Private Placement, Including $6.6 Million Strategic Financing with RCF Opportunities Fund II L.P.

2023-05-25 06:04:55 VANCOUVER, BC, May 25, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“); (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that, further to its news release of April 27, 2023, it has closed its non-brokered private placement financing (the “LIFE Offering“) of 22,367,977 common shares of the Company (“Common […]

Defense Metals Announces Private Placements for Aggregate Proceeds of $12.5 Million With Lead Order from RCF Opportunities Fund II L.P. of $6.6 Million

2023-04-27 05:35:25 VANCOUVER, BC, April 27, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce a non-brokered private placement financing (the “LIFE Offering“) of up to 22,367,977 Common Shares of the Company (“Common Shares“) at a price of $0.26 per Common Share, and […]

Defense Metals Completes Successful Phase I Pilot Plant Work

2023-04-12 06:06:10 VANCOUVER, BC, April 12, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that the Phase I of its hydrometallurgical pilot plant at SGS Lakefield has been successfully completed.  John Goode, Consulting Metallurgist to Defense Metals and who attended the pilot plant, […]

Discovery Group Announces Defense Metals as New Member Company

2023-04-11 06:06:00 Vancouver, British Columbia–(Newsfile Corp. – April 11, 2023) – Discovery Group is pleased to announce that Defense Metals Corp. (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) has joined the group’s alliance of public companies, led by Mr. John Robins and Mr. Jim Paterson. Defense Metals is an exploration company focused on the advancement of the Wicheeda […]

Defense Metals Updates Wicheeda Canada Light Rare Earth Element Deposit Geological Model and Advances Toward Updated Mineral Resource Estimate and PFS

2023-03-06 06:04:34 VANCOUVER, BC, March 6, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“; (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) is pleased to report its technical team has completed updates to the Wicheeda Rare Earth Element (REE) Deposit 3D geological model. The geological model and resource estimation domain update, which incorporates over 10,000 metres […]

Defense Metals announces best Rare Earth Assay Results of 2022 from Wicheeda Project Drilling, including 138 metres of 3.66% TREO

2023-01-24 07:20:21 VANCOUVER, BC, Jan. 24, 2023 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company”; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce Rare Earth Element (“REE”) assay results from the final two core drill holes, totalling 295 metres (“m”), completed during 2022 at its 100% owned Wicheeda REE Deposit. These […]

Perpetua Resources Receives Critical Minerals Award of up to $24.8 million under the Defense Production Act

2022-12-19 05:05:41 Perpetua receives Defense Production Act Title III funding to advance construction readiness, environmental baseline monitoring and environmental studies as the Stibnite Gold Project continues through the permitting process Stibnite Gold Project is poised to be the only domestically mined source of the critical mineral antimony, which is essential for national defense […]

Defense Metals Drills 122 metres of 2.56% Total Rare Earth Oxide; Including 55 metres of 3.02% at Wicheeda; and Announces up to $6 Million Financing

2022-11-22 07:10:41 VANCOUVER, BC, Nov. 22, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce additional Rare Earth Element (“REE“) assay results from one additional core hole, totalling 374 metres (m), collared within the central area of Defense Metals’ 100% owned Wicheeda REE Deposit. […]

Defense Metals Continues to Drill High-Grades at Wicheeda with 106 metres of 2.53% Total Rare Earth Oxide; Including 59 metres of 3.42%; Participate in the 18th International Rare Earths Conference

2022-10-13 05:54:45 VANCOUVER, BC, Oct. 13, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) announces high-grade Rare Earth Element (“REE“) assay results from one additional core drill hole, totalling 320 metres (m), collared within the northern area of Defense Metals’ 100% owned Wicheeda REE Deposit. Infill […]

Defense Metals Diamond Drilling Update – Infill and Exploration Drilling Complete And Pit Slope Geotechnical Drilling Underway

2022-08-09 06:05:15 VANCOUVER, BC, Aug. 9, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to provide an update for its ongoing diamond drilling at its Wicheeda Rare Earth Element (REE) deposit. The 2022 resource infill and exploration diamond drill campaign is now complete and pit […]

Defense Metals Acid-Bake Process Yields Improved Rare Earth Element Recoveries At Wicheeda

2022-05-31 05:15:25 VANCOUVER, BC, May 31, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSX V : DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the initial results of alternative Acid Bake process testwork underway at SGS Lakefield on Wicheeda Rare Earth Element (REE) Project mineralized feed. The initial testwork shows […]

Defense Metals Retains Digitonic Limited For Investor Relations Services

2022-05-23 15:20:00 VANCOUVER, BC, May 23, 2022  Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) announces that it has retained Digitonic Limited (“Digitonic“), an arm’s length party to the Company and a leading investor relations and marketing firm to provide investor relations services. Under the Agreement, Digitonic is to […]

Marvel To Increase Land Position at Wicheeda Ree’s Project Contiguous to Defense Metals

2022-05-11 00:11:33 VANCOUVER, BC / ACCESSWIRE / May 11, 2022 / Marvel Discovery Corp. (TSXV:MARV), (FRA:O4T1), (OTCQB:MARVF); (“Marvel”, or the “Company”) is pleased to announce a Joint Venture agreement to expand our land position within the Rocky Mountain Rare Metal Belt. The Company has the right to earn a 50% interest from a private company, […]

Defense Metals Closes C$4.56 Million Private Placement Financing

2022-04-05 05:06:50 VANCOUVER, BC, April 5, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV:DEFN) (OTCQB:DFMTF) (FSE:35D) is pleased to announce that it has closed a non-brokered private placement (the “Private Placement“) for gross proceeds of $4,558,049.57, consisting of 6,340,057 flow-through common shares of the Company (each, a “FT Share“) at a price […]

Perpetua Resources Welcomes Use of Defense Production Act for Battery Metals

2022-04-04 05:47:57 U.S. President Biden invokes the Defense Production Act to secure domestic critical minerals for large-capacity storage batteries. Through partnership agreement with Ambri, antimony from Perpetua Resources is poised to power American-based grid-scale energy storage battery. Perpetua Resources’ Stibnite Gold Project would provide the only domestically mined source of the critical […]

Graphite One Comments on White House Defense Directive Designating Graphite as “essential to National Defense”

2022-04-01 04:10:24 Graphite elevated into select group of “super-critical minerals” after receiving DPA Title III designation VANCOUVER, BC, April 1, 2022 /CNW/ – Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (“Graphite One” or the “Company”) offers the following comments on President Joe Biden’s announcement today that graphite and other critical battery materials are designated as “essential […]

Defense Metals Corp. Reviews 2021 and Provides Outlook for 2022

2022-01-20 01:09:03 VANCOUVER, BC, Jan. 20, 2022 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to highlight the accomplishments of 2021, and outlines the Company’s key goals for 2022. At the start of 2022, the Company filed a preliminary economic assessment (PEA) and finalized the […]

Defense Metals Completes Resource Expansion Drilling Program

2021-11-09 07:03:23 VANCOUVER, BC, Nov. 9, 2021 /CNW/ – Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce the completion of the 2021 drilling program at its Wicheeda Rare Earth Element (REE) deposit. The Company drilled a total of 5,349 metres in 29 holes designed to […]

Defense Metals Corp. Appoints Dr. Luisa Moreno to Board of Directors

2021-10-25 06:05:12 VANCOUVER, BC, Oct. 25, 2021 /CNW/ – Defense Metals Corp. (“Defense Metals“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that Dr. Luisa Moreno has joined the board of directors of the Company. Dr. Luisa Moreno is a Physics Engineer, with a PhD in Materials Science and Mechanics from Imperial College […]

Defense Metals to Mobilize Second Drill to Wicheeda Rare Earth Element Project

2021-10-04 05:32:02 VANCOUVER, BC, Oct. 4, 2021 /CNW/ – Defense Metals Corp. (“Defense Metals“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased announce plans for the mobilization of a second diamond drill to expedite its ongoing Wicheeda Rare Earth Element (REE) deposit resource expansion and delineation diamond drill program. Defense Metals is currently advancing the […]