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Defense Metals Completes Wicheeda 'REE' Deposit 3D Geological Model and Works Toward Updated Resource Estimate
Defense Metals Completes Wicheeda 'REE' Deposit 3D Geological Model and Works Toward Updat...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n\n\n\nDefense Metals Completes Wicheeda 'REE' Deposit 3D Geological Model and Works Toward Updated Resource Estimate\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, May 8, 2020\n\n\n\nVANCOUVER, May 8, 2020 /CNW/ - Defense Metals Corp. (\"Defense Metals\") (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D) is pleased to announce that its technical team has completed the first comprehensive 3D geological model for the Wicheeda Rare Earth Element (REE) Deposit located within its 1,708 hectare (4,220 acre) Wicheeda Project located near Prince George, Canada.\nThe new 3D geological model represents a fundamental evolution in the understanding of the geologic controls of REE mineralization within the Wicheeda REE Deposit, and is expected to inform and improve confidence in an updated mineral resource estimate, which is currently underway. The model moves beyond an earlier 1% Light Rare Earth Element (LREE) lower cut-off grade shell model that was the basis for Defense Metals current Maiden Inferred Mineral Resource Estimate of 11,370,000 tonnes averaging 1.95% LREE1. \nThe new Wicheeda 3D model was guided by the integration of exploration diamond drilling conducted during 2008 and 2009 by previous operators (14 holes totalling 2,244 metres) and in 2019 by Defence Metals (13 holes totalling 2,005 metres); surface geologic mapping; soil geochemical; airborne magnetic; and radiometric geophysical surveys (Figure 1). Based on these data and a reinterpretation of the geologic units the Wicheeda REE Deposit is viewed as a north-northeast dipping limestone-hosted composite layered syenite-carbonatite sill complex having dimensions of approximately 400 metres north-south by 100 t...