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Defense Metals Corp.

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Summary

Project:

Wicheeda

Deposit:Wicheeda
Location:Canada
Commodities:Rare Earth
Date:12/12/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:12-12-2019: Defense Metals Corp. announces an Exploration/Drilling Update report for its Wicheeda deposit at the Wicheeda project. Drilling results incl. 130.8m @ 2.59% LREO from 47m. VANCOUVER, Dec. 12, 2019 /CNW/ - Defense Metals Corp. ("Defense Metals"
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Kristopher J. Raffle (Internal)
ABSTRACT:VANCOUVER, Dec. 12, 2019 /CNW/ - Defense Metals Corp. ("Defense Metals") (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for the final two drill holes of the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada. Drill hole WI19-30 (-55 o dip / 250 o azimuth) was drilled to test the northern extension of the Wicheeda REE Deposit and intersected a broad zone of mineralization returning 2.59% Light Rare Earth Oxide (LREO; being cerium, lanthanum, neodymium, praseodymium, and samarium oxides (Ce2O3+La2O3+Nd2O3+ Pr2O3+Sm2O3 ) over a drill core interval of 130.8 metres; including an interval assaying 4.43% LREO over a drill core interval of 27 metres 1 (Table 1). Drill hole WI19-32 (-55 o dip / 300 o azimuth) drilled from the same collar as WI19-30 was the final hole of the 2019 resource definition program and northernmost drill hole testing the Wicheeda REE Deposit returned 4.01% LREO over a drill core interval of 58 metres; within a broader zone of mineralization assaying 3.63% LREO over a drill core interval of 75 metres; in addition to an upper mineralized intercept assaying 2.71% LREO over a drill core interval of 28 metres 1 (Figure 1).

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