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Tuesday, March 9, 2021

#Metals / #GreenEnergy #Stocks News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) X-Ray Transmission Amenability Study Demonstrates Potential For Sensor Based Upgrading Of Wicheeda Rare Earth Element Feed; @DefenseMetals

#Metals / #GreenEnergy #Stocks News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) X-Ray Transmission Amenability Study Demonstrates Potential For Sensor Based Upgrading Of Wicheeda Rare Earth Element Feed; @DefenseMetals 

 


Vancouver, British Columbia - March 9, 2021 (Investorideas.com NewswireMiningSectorStocks.com and RenewableEnergyStocks.com) -Mining / Metals / Green Energy Stock News - Defense Metals Corp. ("Defense Metals") (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE)) is pleased to announce that it has received the results of an X-Ray Transmission amenability study completed on samples of Wicheeda Rare Earth Element (REE) mineralized drill core by the Saskatchewan Research Council (SRC), Saskatoon, SK.

 

Read this news featuring DEFN in full at https://www.investorideas.com/news/2021/mining/03091DEFN-X-Ray-Transmission-Amenability-Study.asp

 

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

Highlights of the XRT amenability study completed by SRC on samples of high-grade REE mineralized Wicheeda diamond drill core are as follows:

 

·        X-ray transmission measurements and QEMSCAN® confirmed that XRT technology can identify Wicheeda REE minerals in drill core samples (Figure 1).

·        Crushing to -15 mm size particles and using a 5% REE mineral lower cut-off in the sorting algorithm, demonstrated the potential of low-cost front end XRT sorting to upgrade 2.3x from approximately 11% REE mineral content to 25% REEmineral content.

·        Upgrading of Wicheeda REE mineralization via XRT sorting has the potential to significantly reduce feed volume forwarded to downstream the hydrometallurgical process.

 

Craig Taylor, CEO of Defense Metals, stated: "Defense Metals is excited to establish the amenability of Wicheeda REE mineralization to the application of low-cost front end upgrading via sensor-based sorting technologies. We know from our very successful flotation pilot plant and bench-scale hydrometallurgical test-work that early volume reduction and upgrading has significant downstream benefits. The quality of concentrate we can deliver to flotation process has direct benefits in terms of process recovery, and reduced costs related to reagent reduction. Based on the success of this amenability test work SRC have recommended proceeding to a series of confirmatory XRT sorting optimization tests."






XRT sorting is a technology that exploits the atomic density (atoms/cm3) differences of minerals. The atomic densityof a mineral is closely related to the minerals' density (gram/cm3) and is therefore a viable technology for upgrading the mineralized feed prior to processing. Previous test work indicated that gravity separation prior to flotation was beneficialin concentrating Wicheeda REE minerals due to the large density differences between the REE and gangue minerals.

 

To evaluate amenability to XRT sorting, a combination of high-resolution XRT and QEMSCAN® (Quantitative Evaluation of Materials by Scanning Electron Microscopy) measurements were carried out at the SRC. Thesemeasurements identify if the atomic density differences between the REE and gangue minerals can be exploited for XRT sorting. The greyscale levels associated with the various minerals are identified using QEMSCAN® measurements.

 

Using the X-ray greyscale images and the QEMSCAN® images, additional theoretical information on the grade of the REE minerals for various particle sizes is generated. The particle grade information determined how much gangue andhow much REE mineralization is present in each size fraction. Information is necessary to determine the benefits ofupgrading the mineralized feed at different particle sizes.

 

Size fractions greater than 6 mm can be viably sorted using XRT sorters while size fractions greater than 0.6 mm are more amendable to sorting using dense medium separation (DMS) and spirals. Size fractions less than 0.6 mm are concentrated via hydrometallurgy processes. The average distribution of the REE minerals and the theoretical grade of the XRT sorted mineralized feed for the six core samples, for each size fraction within 20 mm, 10 mm, and 6 mm particles are shown in Table 1.

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a "Qualified Person" as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein.

 

Methodology and QA/QC

A total of 6 core samples were selected for X-ray transmission measurements. Each sample was imaged using 2-dimensional X-ray transmission measurements to identify greyscale differences in the core samples. The greyscale levelsassociated with the various minerals are identified using QEMSCAN® measurements. The X-ray images are thenmodified using a defined threshold to identify the location and dispersion of the REE minerals and pyrite throughout the core samples. The results of this XRT amenability study are theoretical in nature and may not be representative of actual recoveries obtainable via direct testing using XRT sorting and DMS.

 

Using image analysis techniques on the QEMSCAN® images, the percent removal of low-grade mineralization iscalculated for different theoretical size fractions. The size fractions used in this study were: 20 mm, 10 mm, 6 mm, 3 mm,1.2 mm, and 0.6 mm rectangular particles.

 

Defense Metals is not aware of any drilling, sampling, recovery, or other factors that could materially affect the accuracy or reliability of the data referred to herein. The SRC operates in accordance with ISO/IEC 17025:2005 (CAN-P-4E), General Requirements for the Competence of Mineral Testing and Calibration Laboratories. SRC is independent of Defense Metals Corp. and the Qualified Person.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of "GREEN" energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol "DEFN" on the TSX Venture Exchange, in the United States, under "DFMTF" on the OTCQB and in Germany on the Frankfurt Exchange under "35D".

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Email: 
todd@blueskycorp.ca

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information
This news release contains "forward
looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to proceeding to a series of confirmatory XRT sorting optimization tests and the expected, plans for the Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company's profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company's ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.'s profile on SEDAR (www.sedar.com)

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

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Friday, March 5, 2021

#CBD Products in the News: American Premium Water Corp. (OTC: $HIPH) Announces Engagement with Distribution and Fulfillment Provider to Support Cali Bear Northeast; @AmericanPremium

 

#CBD Products in the News: American Premium Water Corp. (OTC: $HIPH) Announces Engagement with Distribution and Fulfillment Provider to Support Cali Bear Northeast; @AmericanPremium

 

Playa Vista, CA, March 4, 2021 - Breaking CBD/water stock news from Investorideas.com Newswire- American Premium Water Corporation (OTC: HIPH) announces the Company has engaged Just Logistics Group, Inc (“Just Logistics”) to be the launch distributor and provider of logistics and fulfillment support for the Cali Bear (www.calibear.life) product launch in April. The products included in this launch will be CBD nano-infused water, CBD gummies, CBD lip balm, and other CBD edible products. In addition to an online launch, the Company will look to leverage Just Logistics' network of over 2,000 smoke shops between Fredericksburg, VA and Portland, ME in the I-95 corridor. The terms of the engagement are non-binding and are subject to final changes, terms, and conditions.

 

Read this news, featuring HIPH in full at https://www.investorideas.com/news/2021/cannabis/03051HIPH-Cali-Bear-Northeast.asp

 

Ryan Fishoff, CEO of American Premium Water, commented, “I am excited to announce that the Company has engaged Just Logistics to support the Cali Bear launch in April. Just Logistics will act as not only a distributor, but also provide logistics and distribution support to the Company. This is a tremendous opportunity to not only build our distribution network, but also develop an infrastructure to support sustained long term growth. As I outlined in my letter to shareholders, establishing a foundation for growth is a key objective for 2021, and I believe that Just Logistics can provide that for the Company. Their (Just Logistics) location in Dayton, NJ is centrally located along the I-95 corridor, providing the ability to deliver products same-day as far north as Portland, ME and as far south as Fredericksburg, VA. Just Logistics has identified over 2,000 smoke shops along this corridor that could be potential direct and/or drop ship customers for Cali Bear. With recent legalization in New Jersey, the appetite for ingestible products, especially CBD infused water, is growing. These specialty smoke shops are just the first phase in a multi-stage regional and national distribution strategy that Just Logistics has outlined for us. I was very impressed with their experience, and how they leverage their logistics expertise into a strategic asset for distribution. I look forward to presenting more on this distribution plan to our shareholders as we finalize the agreement with Just Logistics and get closer to the 4.20 launch date.”

 

Just Logistics, located in Dayton, NJ, is an established provider of distribution and logistical support for Fortune 1000 companies and emerging businesses. Just Logistics has had over 20 years’ experience in the beverage, cosmetic, beauty, and sundries business. The Company has established partnerships with all the country’s major freight, LTL, and parcel shippers, as well as established relationships with logistical providers Sunterra Group, Mode Transportation, and CSS.

 

About American Premium Water Corp.

American Premium Water (OTC: HIPH)  is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of Nano technologies paired without cannabidiol (CBD) to treat health disorders and enhance quality of life. The company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Cali Bear (www.calibear.life) Vanexxe (www.vanexxe.com) plant + body essentials (www.plantbodyessentials.co).

 

Safe Harbor Notice

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

 

This press release is issued on behalf of the Board of Directors of American Premium Water Corporation.

 

Investor Relations

888-983-0054

info@americanpremiumwater.com

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring HIPH is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, March 4, 2021

Breaking #CBD/ #Water #Stock news - American Premium Water Corp. (OTC: $HIPH) Announces Engagement with Distribution and Fulfillment Provider Just Logistics Group to Support Cali Bear Northeast; @AmericanPremium

 


Breaking #CBD/ #Water #Stock news - American Premium Water Corp. (OTC: $HIPH) Announces Engagement with Distribution and Fulfillment Provider Just Logistics Group to Support Cali Bear Northeast; @AmericanPremium

 

The Company will look to capitalize off recent legalization in New Jersey to provide drop and direct shipping to over 2,000 smoke shops located in the Northeast corridor Launch

 

Playa Vista, CA, March 4, 2021 - Breaking CBD/water stock news from Investorideas.com Newswire- American Premium Water Corporation (OTC: HIPH) announces the Company has engaged Just Logistics Group, Inc (“Just Logistics”) to be the launch distributor and provider of logistics and fulfillment support for the Cali Bear (www.calibear.life) product launch in April. The products included in this launch will be CBD nano-infused water, CBD gummies, CBD lip balm, and other CBD edible products. In addition to an online launch, the Company will look to leverage Just Logistics' network of over 2,000 smoke shops between Fredericksburg, VA and Portland, ME in the I-95 corridor. The terms of the engagement are non-binding and are subject to final changes, terms, and conditions.

 

Read this news, featuring HIPH in full at https://www.investorideas.com/news/2021/cannabis/03041HIPH-Just-Logistics.asp

 

Ryan Fishoff, CEO of American Premium Water, commented, “I am excited to announce that the Company has engaged Just Logistics to support the Cali Bear launch in April. Just Logistics will act as not only a distributor, but also provide logistics and distribution support to the Company. This is a tremendous opportunity to not only build our distribution network, but also develop an infrastructure to support sustained long term growth. As I outlined in my letter to shareholders, establishing a foundation for growth is a key objective for 2021, and I believe that Just Logistics can provide that for the Company. Their (Just Logistics) location in Dayton, NJ is centrally located along the I-95 corridor, providing the ability to deliver products same-day as far north as Portland, ME and as far south as Fredericksburg, VA. Just Logistics has identified over 2,000 smoke shops along this corridor that could be potential direct and/or drop ship customers for Cali Bear. With recent legalization in New Jersey, the appetite for ingestible products, especially CBD infused water, is growing. These specialty smoke shops are just the first phase in a multi-stage regional and national distribution strategy that Just Logistics has outlined for us. I was very impressed with their experience, and how they leverage their logistics expertise into a strategic asset for distribution. I look forward to presenting more on this distribution plan to our shareholders as we finalize the agreement with Just Logistics and get closer to the 4.20 launch date.”

 

Just Logistics, located in Dayton, NJ, is an established provider of distribution and logistical support for Fortune 1000 companies and emerging businesses. Just Logistics has had over 20 years’ experience in the beverage, cosmetic, beauty, and sundries business. The Company has established partnerships with all the country’s major freight, LTL, and parcel shippers, as well as established relationships with logistical providers Sunterra Group, Mode Transportation, and CSS.

 

About American Premium Water Corp.

American Premium Water (OTC: HIPH)  is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of Nano technologies paired without cannabidiol (CBD) to treat health disorders and enhance quality of life. The company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Cali Bear (www.calibear.life) Vanexxe (www.vanexxe.com) plant + body essentials (www.plantbodyessentials.co).

 

Safe Harbor Notice

Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.

 

This press release is issued on behalf of the Board of Directors of American Premium Water Corporation.

 

Investor Relations

888-983-0054

info@americanpremiumwater.com

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring HIPH is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

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Tuesday, March 2, 2021

#Mining News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Achieves High Impurity Removal With Minimal #REE Losses From Wicheeda Flotation Concentrate; @DefenseMetals

#Mining News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Achieves High Impurity Removal With Minimal #REE Losses From Wicheeda Flotation Concentrate; @DefenseMetals 

 

Vancouver, British Columbia – March 2, 2021  Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ FSE:35D) is pleased to announce that it has received additional pre-pilot hydrometallurgical test work utilizing high-grade rare earth element (REE) mineral concentrate produced during the Company’s highly successful 26-tonne flotation pilot-plant that yielded a mineral concentrate averaging 7.4% NdPr oxide (neodymium-praseodymium)[1].

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/03021Defense-Metals-Pre-Pilot-Hydrometallurgy.asp

 

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[2].

 

Highlights of the additional infill hydrometallurgical test results, which centred around optimizing gangue leach test conditions, conducted at SGS Canada Inc. (“SGS”) Lakefield Site are as follows:

 

·        Gangue leach optimization resulted in increased manganese rejection from ~40% (pH 4) to ~85% (pH 3) from the flotation concentrate resulting in only minimal REE losses of approximately 1% (Figure 1)

·        Increased concentrate weight reduction from <10% gauge loss to >20%

 

Ongoing hydrometallurgical optimisation test work being conducted at SGS Lakefield is investigating options for reducing the caustic crack retention time, and acid concentrations in the caustic crack residue leach towards reducing acid consumption and downstream neutralization requirements.

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is extremely pleased with rapid advances being made in our pre-pilot hydrometallurgical optimization. We continue fine-tune our gangue leach, via milder conditions versus base case[3], with an eye to striking the optimal balance of high front-end impurity rejection with minimal REE losses. The results announced today speak to the success of these efforts.”

 

 

Figure 1. Pulp pH Versus Gangue Leach REE and Mn Extraction, and Weight Loss

See figure  at https://www.investorideas.com/news/2021/mining/03021Defense-Metals-Pre-Pilot-Hydrometallurgy.asp

 

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein. 

 

Methodology and QA/QC

Hydrometallurgical product assays for neodymium was determined via lithium-borate fusion of a 0.5-gram sample analyzed via wavelength dispersion X-ray fluorescence (WD-XRF). The remaining rare earth elements for the head sample were determined via 0.5-gram sodium-peroxide fusion multi-element ICP-MS.

 

The SGS analyses included a quality assurance / quality control (QA/QC) program including the insertion of rare earth element standard and blank samples. Defense Metals detected no significant QA/QC issues during review of the data. Defense Metals is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein. SGS is an ISO/IEC 17025 and ISO9001:2015 accredited laboratory. SGS is independent of Defense Metals Corp.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forward-looking information, except as required by law.

 

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[1] See Defense Metals News Release dated September 23, 2020

[2] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

[3] See Defense Metals News Release dated February 18, 2020