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Defense Metals Retains SRK Consulting (Canada) Inc. to Complete Wicheeda Rare Earth Element Project Economic Scenario Analysis
Defense Metals Retains SRK Consulting (Canada) Inc. to Complete Wicheeda Rare Earth Eleme...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n \n \n \n Defense Metals Retains SRK Consulting (Canada) Inc. to Complete Wicheeda Rare Earth Element Project Economic Scenario Analysis\n \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.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnbcc{\nBORDER-TOP:0pt solid; BORDER-RIGHT:0pt solid; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt solid; BORDER-LEFT:0pt solid\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 30, 2021\n \n /CNW/ - Defense Metals Corp. (\"\n \n Defense Metals\n \n \") (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that it has engaged SRK Consulting (\n \n Canada\n \n ) Inc. (\"SRK\") to conduct an economic scenario analysis with respect to the Wicheeda Rare Earth Element (REE) Project.\n \n \n \n \n \n \n \n \n \n Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which is located close to infrastructure approximately 80 kilometres northeast of\n \n Prince George, British Columbia\n \n (BC). The Wicheeda project has\n \n 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\n \n \n 1\n \n \n \n .\n \n \n The scenario analysis will facilitate decision making related to performing a Preliminary Economic Assessment (PEA) with respect to the Wicheeda REE Project. The scenario analysis will evaluate the potential of multiple mine development scenarios through the completion of economic trade-off studies, which subject to results, will form the basis for the PEA.\n \n \n SRK's initial scenario analysis work will comprise a detailed data review; followed by scenario definition; pit optimization; mine scheduling; mine costing; evaluation of mineral processing, hydrometallurgy and separation costs; economic modelling, and ultimately reporting. The PEA work will build on the scenario analysi...