#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 “forward‐looking 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 forward‐looking statements
or forward-looking 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
Please read Investorideas.com privacy
policy: https://www.investorideas.com/About/Private_Policy.asp
About Investorideas.com
https://www.investorideas.com/About/
Sign up for free stock news alerts at Investorideas.com
https://www.investorideas.com/Resources/Newsletter.asp
RenewableEnergyStocks.com:
investing ideas in renewable energy stocks - solar, wind, batteries and more -
Environmental, social and governance (ESG) investing tools
Like Renewable
Energy Stocks? View our Renewable
Energy Stocks Directory Get News
Alerts on Renewable Energy Stocks
MiningSectorStocks.com
- investing ideas in mining stocks
Like Mining Stocks?
View our Mining
Stocks Directory
[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
