Defense Metals Corp (DEFN) NPV
Defense Metals Corp. is a Canada-based mineral exploration company. The Company is 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. It is focused on the exploration and development of Wicheeda Project with a focus on rare earth elements (REEs). The Wicheeda Project is located at Wicheeda Lake, approximately 80 kilometers northeast of Prince George and approximately 50 kilometers east of Bear Lake, British Columbia. The Wicheeda Project is comprises of six mineral claims covering an area of approximately 1,708 hectares. The Company has an indicated mineral resource of 4,890,000 tones light rare earth elements (LREO), and inferred resources of 12,100,000 tones LREO.
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