NetworkNewsBreaks – Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) Releases 2019 Exploration Review for Wicheeda REE Project, Outlines 2020 Focus

Defense Metals (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) today released a review of 2019 exploration and advancement of its 1,708-hectare (4,220 acre) Wicheeda Rare Earth Element (“REE”) Project located near Prince George, Canada. According to the update, Defense Metals’ focus in 2020 will be to complete development of the Wicheeda Deposit hydrometallurgical flowsheet, initiate flotation pilot plant processing of the recently collected 30 tonne bulk-sample, as well as update the Wicheeda REE Deposit Mineral Resource based on its highly successful 2019 drill campaign. “I am extremely pleased with our progress in 2019, and proud of each past and present member of the Defense Metals team. During the year, we remained focused on ensuring each step was strategic to provide a clear path to adding real value to the Wicheeda REE Project, which we believe is one of the highest quality North American REE assets,” Defense Metals President and CEO Craig Taylor said in the news release. “Defense Metals stands to benefit from upward REE demand pressures as the world moves toward widespread adoption of electric vehicles; in addition to being strategically positioned as a domestic North American REE source the importance of which is highlighted by the recent announcement of finalization of the Canada-US Joint Action Plan on Critical Minerals Collaboration, designed to advance our mutual interest in securing critical mineral supply chains. I would like to thank each of our shareholders for their support during 2018-19 and in addition to the dedication of our amazing team in British Columbia. We expect 2020 to be a watershed year of significant re-rating for Defense Metals, and an elevated presence amongst our peers.”

To view the full press release, visit http://nnw.fm/dxiV5

About Defense Metals Corp.

Defense Metals is an advanced 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, light weight, rare earth magnets. Defense Metals’ primary focus is to exercise its option to acquire 100% of the 1,708-hectare Wicheeda Rare Earth Element Project. Defense Metals Corp. trades in Canada under “DEFN” on the TSX Venture Exchange, the United States, under “DFMTF” on the OTCQB and the German, Frankfurt Exchange under the symbol of “35D.” For further information, please visit www.DefenseMetals.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

Related News

Cowboys to introduce McCarthy as club's 9th coach Wednesday

Jan 18, 2020

FRISCO, Texas — The Dallas Cowboys will introduce Mike McCarthy as the ninth coach in franchise history Wednesday. The club made the announcement Tuesday, a day after McCarthy reached agreement on a deal to replace Jason Garrett. It's the second coaching stop for the 56-year-old McCarthy, who won a Super Bowl and went to the playoffs nine times in 12-plus seasons with Green Bay. The Packers won the title at the home of the Cowboys nine years ago. They went to the NFC championship game four times under McCarthy, who is 125-77-2 in the regular season and 10-8 in the...

No. 7 Oregon beats No. 11 Wisconsin 28-27 in Rose Bowl

Jan 18, 2020

PASADENA, Calif. — Justin Herbert scored his third rushing touchdown of the 106th Rose Bowl on a thrilling 30-yard run with 7:41 to play Wednesday night, and No. 7 Oregon held off No. 11 Wisconsin 28-27 to win its third straight trip to the Granddaddy of Them All. Brady Breeze returned a fumble 31 yards for an early touchdown for the Ducks (12-2). Herbert then made his go-ahead rambling run on the next snap after Breeze forced another fumble in yet another frenetic edition of this venerated bowl game. Oregon held on to cap its Pac-12 championship season with its...

Ode to Sports: Pats & Nats, a roster from A(stros) to Z(ion)

Jan 18, 2020

A year now passes. How’d I know? Analytics guys told me so. They crunched the data. What’s it mean? Anyone’s guess: 2019. First Quarter ‘Bama toppled, it’s Clemson’s prize – White House visit, with burgers, fries. Fury nearing incoherence, Saints aghast: No interference? Super Bowl is kind of boring – Pats and Brady, not much scoring. Hall of Fame vote, Sandman enters. All Rivera, no dissenters. Osaka sure looks here to stay. Australia makes her resume. The neck, the back, the aching knees – Vonn calls it quits, hangs up her skis. Taking it to the hoop and hilt, James...

Arizona St, Florida St meet in Sun Bowl without top RBs

Jan 18, 2020

EL PASO, Texas — The top running backs for Arizona State and Florida State won't be around for the Sun Bowl. Sun Devils coach Herm Edwards and interim Seminoles coach Odell Haggins can live with those decisions regardless of their effect on Tuesday's game. “Don't forget that these players that are sitting out actually helped these teams get to bowl games,” Edwards said. "Some people get all sideways. ‘Why isn’t he playing?' It's the way of the world. You don't disrespect them. You don't get mad at them. “I'm hoping they'll show up for the game, stand on the sidelines....

Pitt rallies to beat Eastern Michigan in Quick Lane Bowl

Jan 18, 2020

DETROIT — Kenny Pickett threw a 25-yard touchdown pass to Taysir Mack with 47 seconds left and Pittsburgh held on to beat Eastern Michigan 34-30 in the Quick Lane Bowl on Thursday night. After taking its first lead of the game, Pittsburgh (8-5) then forced Eastern Michigan (6-7) to turn it over on downs from its 40. That sealed Pitt's first bowl victory in five appearances under coach Pat Narduzzi. The Eagles came up just short in a closely contested game just as they did in three previous bowls under coach Chris Creighton. Eastern Michigan quarterback Mike Glass was ejected...

Broaden News

Replay Wall delivers the most accurate sports news to you with experts’ voice. We aim to bring every sports fan together here even if you’ve missed the game.

Bowl Championship Series Professional Football Arena Football CFL Football NFL Football Youth Football Press Releases Broaden News