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Wednesday, February 17, 2021

#Mining #Stocks News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Testing Yields 97.3% #REE Extraction From Wicheeda Flotation Concentrate; @DefenseMetals

#Mining #Stocks News: Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Testing Yields 97.3% #REE Extraction From Wicheeda Flotation Concentrate; @DefenseMetals

 

Vancouver, British Columbia – February 17, 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/ 35D: FSE) 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 Defense Metals’ 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/02171DEFN-Wicheeda-Flotation.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 conducted at SGS Canada Inc. (“SGS”) Lakefield Site are as follows:

 

·        Increased REE extraction from 91.5% to 97.3% from flotation concentrate (~75% from bulk sample feed) into a chloride-based leach solution compared to initial testing3 (CC-21, Table 1)

·        Decreased REE losses via milder gangue leach compared to the base-case flowsheet[3]

·        Simplification of flowsheet by removing re-grind step and reducing caustic dosage on re-crack (CC-20) yielded comparable REE extraction of 95.8% from flotation concentrate (~74% from bulk sample feed)

 

Craig Taylor, CEO of Defense Metals, stated:Our decision to conduct additional infill hydrometallurgical test-work has yielded significant REE recovery gains approaching 100% REE extraction from the flotation concentrate. Perhaps more importantly, this additional testing has advanced the Wicheeda REE separation flowsheet such that we able to “tune” process variables (chiefly: grind size, acid, and caustic concentrations) to achieve a balance of minimizing REE leach losses and maximizing impurity removal. This level of process control will de-risk our planned hydrometallurgical pilot plant and contribute to greater flexibility in design of a future commercial-scale hydrometallurgical plant.”

 

Table 1. Comparison of 2019/2020 and 2021 Hydrometallurgical Nd Recoveries

Initial Bench Program
(2019-2020)

Stage Extraction (Nd)

Nd Recovery from Bulk Sample Feed

Nd Recovery from Conc.

Ore

Flotation Conc.

86%

85.7%

100%

Gangue Leach

8%

Caustic Crack 1

100%

Acid Leach 1

91%

71.7%

83.7%

Caustic Crack 2

100%

Acid Leach 2

86%

77.8%

91.5%

Second Bench Program
(2020-2021)
CC21 Data Set

Stage Extraction (Nd)

Nd Recovery from Bulk Sample Feed

Nd Recovery from Conc.

Ore

Flotation Conc.

77%

77.3%

100%

Gangue Leach

0%

Caustic Crack 1

0%

Acid Leach 1

89%

68.6%

88.7%

Caustic Crack 2

0%

Acid Leach 2

76%

75.2%

97.3%

 

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. 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 “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the planned hydrometallurgical pilot plant and the expected outcomes therefrom, a future commercial-scale hydrometallurgical plant, 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 forwardlooking information, except as required by law.

 

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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[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

#EVs are Expected to Represent Nearly Half of all Passenger #Cars Sold Globally by 2030- (NASDAQ: $IDEX) (NASDAQ: $TSLA) (NYSE: $NIO) (NASDAQ: $AAPL) @ideanomicshq @Tesla @NIOGlobal @Apple

#EVs are Expected to Represent Nearly Half of all Passenger #Cars Sold Globally by 2030- (NASDAQ: $IDEX) (NASDAQ: $TSLA) (NYSE: $NIO) (NASDAQ: $AAPL) @ideanomicshq @Tesla @NIOGlobal @Apple

 

Point Roberts WA, Delta BC, February 17, 2021 – Investorideas.com, a global news source and leading investor resource covering renewable energy and fintech stocks. Presents a two sector snapshot featuring Ideanomics (NASDAQ: IDEX), looking at how innovative companies are blending EV and fintech technology including cryptocurrency, to lead investors and consumers into a new era in the 21st  century. 

 

Read this article featuring IDEX in full at https://www.investorideas.com/news/2021/cleantech-climatechange/02171IEVs-Passenger-Cars-Sold-2030.asp

 

Business Today reported, “The global sales of EVs in 2020 increased by 39 per cent year on year to 3.1 million units, where the total passenger car market declined 14 per cent. Research firm Canalys forecasts the number to climb in the coming years with 30 million EVs to be sold in 2028. EVs are also expected to represent nearly half of all passenger cars sold globally by 2030.”

 

Finances Online reported that in 2019, 64% of consumers have used two or more fintech services or platforms.

 

Creating a blueprint for this new blending of technologies, Ideanomics (NASDAQ: IDEX) is focused on the convergence of financial services and industries experiencing technological disruption and with its Mobility and Capital divisions .  These divisions are operative service providers with Ideanomics Mobility facilitating the adoption of electric vehicles with commercial fleet operators with procurement, batteries, insurance, rebates, and lease financing, while Ideanomics Capital focuses on disruptive fintech solutions for the financial services industry.

 

According to a recent article in finsmes.com, “Specialists are expecting Fintech to reshape legacy-dominated financial services and open doors to many new fields. And the auto finance industry is probably going to be the next major thing in Fintech “

 

Continuing with its growth by acquisition strategy Ideanomics recently completed an acquisition of U.S.- based Timios Holdings, a leading fintech property title and settlement solutions provider.

 

Timios has been improving the real estate transaction experience for buyers, sellers and professionals since 2008 and currently has 285 employees and operates in 44 states and has booked over $68 million in revenues in 2020.

 

Ideanomics’ has diversified its global footprint in a number of different countries. For instance, Ideanomics recently increased its ownership stake in Solectrac a California company which designs battery-powered tractors for the agriculture industry.

 

And in China, Ideanomics signed an agreement to purchase 2,000 BYD’s D1 model electric ride-hailing (like Lift & Uber) vehicles. (BYD is China’s #1 EV manufacturer)

 

Furthermore, Ideanomics is the majority owner of Treeletrik an approved electric bike and specialty vehicle manufacturer and distributor located in Malaysia which hired a former Volkswagen Executive as CFO.

 

Back in the USA Ideanomics Mobility also acquired 100% ownership of revenue generating WAVE a Utah based wireless charging company.

 

As Ideanomics prepares to launch its Medici Motor Works EV trucks and specialty vehicles into North America market President Biden Announced Plans to Update Federal Vehicle Fleet with US-made EVs   

 

Ideanomics Inc Medici Motor Works Video

https://www.youtube.com/watch?v=V0g6RJ3m5Ik

 

 

World renowned Tesla, Inc. (NASDAQ: TSLA), a tech company at heart, is the current global leader in electric vehicles in January reported, “In 2020, we produced and delivered half a million vehicles, in line with our most recent guidance. In addition, Model Y production in Shanghai has begun, with deliveries expected to begin shortly.”

 

Tesla, according to its website “also offers leasing and/or loan financing arrangements for our vehicles in certain jurisdictions in North America, Europe and Asia through various financial institutions.”

 

Always an innovator and ahead of the curve, Tesla recently turned heads with headlines that it had entered into the cryptocurrency market by purchasing $1.5 Billion and announcing in their 10K that  it will  “begin accepting bitcoin as a form of payment for our products in the near future.”

 

NIO Limited (NYSE: NIO), a pioneer in China’s premium smart electric vehicle market, provided its January 2021 delivery results.

 

From the News: NIO delivered 7,225 vehicles in January 2021, a new monthly record representing a strong 352.1% year-over-year growth. The deliveries consisted of 1,660 ES8s, the Company’s 6-seater and 7-seater flagship premium smart electric SUV, 2,720 ES6s, the Company’s 5-seater high-performance premium smart electric SUV, and 2,845 EC6s, the Company’s 5-seater premium electric coupe SUV. As of January 31, 2021, cumulative deliveries of the ES8, ES6 and EC6 reached 82,866 vehicles.

 

The Company also has plans to expand and go global in the second half of this year.

 

The market is already speculating if NIO will buy Bitcoin with headlines coming out -

Will NIO Follow in Tesla's Footsteps and Buy Bitcoin?

 

You can’t mention tech, fintech and electric cars without the future of the Apple Car.  From their site: ‘Perhaps Apple's worst kept secret, the "Apple Car" is being developed for a 2024 or later release. Rumors speculate that it will be a fully featured self-driving electric vehicle that will compete with Tesla and other EVs. Apple could partner with other popular manufacturers like Hyundai or BMW, or seek another option.’ 

 

The street has been talking how Apple (NASDAQ: AAPL) is poised to be part of the crypto revolution. RBC Capital Markets, in a report says “Apple’s install base is 1.5 billion, and even if we assume only 200 million users would transact, this is 6.66x larger than Square,” according to the report. “Therefore, the potential revenue opportunity would be in excess of $40 billion a year (15% incremental top-line opportunity).”

 

News broke on Friday, February 12th that BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services announced that US cardholders of the BitPay Prepaid Mastercard can add their card to Apple Wallet™ and spend with Apple Pay®. With Apple Pay®, BitPay cardholders can make secure purchases in stores, with apps and online. In addition, customers waiting on delivery of their plastic card can add their virtual card to Apple Wallet via the BitPay Wallet app and can start spending immediately. Support for Google Pay and Samsung Pay is planned for later this quarter.

 

We are witnessing this evolution at a rapid speed and investors are seeing some of the biggest gains in a short period of time in the cleantech space. With President Biden’s new initiatives and mandates for lower emissions, and global consumers growing demand for EV’s, the addition of innovative fintech will help accelerate future growth.

 

For investors following renewable energy and EV stocks, visit the directory of publicly traded stocks https://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

 

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

 

Disclaimer/Disclosure: 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 investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. 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. Contact management and IR of each company directly regarding specific questions. Disclosure this article featuring IDEX is a paid for service (2000).More disclaimer and disclosure info.  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 Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Tuesday, February 16, 2021

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Testing Yields 97.3% Rare Earth Element Extraction From Wicheeda Flotation Concentrate; @DefenseMetals

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Pre-Pilot Hydrometallurgy Testing Yields 97.3% Rare Earth Element Extraction From Wicheeda Flotation Concentrate; @DefenseMetals

 


Vancouver, British Columbia – February 16, 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/ 35D: FSE) 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 Defense Metals’ 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/02161DEFN-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 conducted at SGS Canada Inc. (“SGS”) Lakefield Site are as follows:

 

·        Increased REE extraction from 91.5% to 97.3% from flotation concentrate (~75% from bulk sample feed) into a chloride-based leach solution compared to initial testing3 (CC-21, Table 1)

·        Decreased REE losses via milder gangue leach compared to the base-case flowsheet[3]

·        Simplification of flowsheet by removing re-grind step and reducing caustic dosage on re-crack (CC-20) yielded comparable REE extraction of 95.8% from flotation concentrate (~74% from bulk sample feed)

 

Craig Taylor, CEO of Defense Metals, stated: “Our decision to conduct additional infill hydrometallurgical test-work has yielded significant REE recovery gains approaching 100% REE extraction from the flotation concentrate. Perhaps more importantly, this additional testing has advanced the Wicheeda REE separation flowsheet such that we able to “tune” process variables (chiefly: grind size, acid, and caustic concentrations) to achieve a balance of minimizing REE leach losses and maximizing impurity removal. This level of process control will de-risk our planned hydrometallurgical pilot plant and contribute to greater flexibility in design of a future commercial-scale hydrometallurgical plant.”

 

Table 1. Comparison of 2019/2020 and 2021 Hydrometallurgical Nd Recoveries

Initial Bench Program
(2019-2020)

Stage Extraction (Nd)

Nd Recovery from Bulk Sample Feed

Nd Recovery from Conc.

Ore

Flotation Conc.

86%

85.7%

100%

Gangue Leach

8%

Caustic Crack 1

100%

Acid Leach 1

91%

71.7%

83.7%

Caustic Crack 2

100%

Acid Leach 2

86%

77.8%

91.5%

Second Bench Program
(2020-2021)
CC21 Data Set

Stage Extraction (Nd)

Nd Recovery from Bulk Sample Feed

Nd Recovery from Conc.

Ore

Flotation Conc.

77%

77.3%

100%

Gangue Leach

0%

Caustic Crack 1

0%

Acid Leach 1

89%

68.6%

88.7%

Caustic Crack 2

0%

Acid Leach 2

76%

75.2%

97.3%

 

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. 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 “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the planned hydrometallurgical pilot plant and the expected outcomes therefrom, a future commercial-scale hydrometallurgical plant, 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 forwardlooking information, except as required by law.

 

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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[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