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Defense Metals Updates Wicheeda Canada Light Rare Earth Element Deposit Geological Model and Advances Toward Updated Mineral Resource Estimate and PFS
Defense Metals Updates Wicheeda Canada Light Rare Earth Element Deposit Geological Model and Adva...
About this update from Defense Metals Corp.
[{"type":"text","content":"\n \n \n \n Defense Metals Updates Wicheeda Canada Light Rare Earth Element Deposit Geological Model and Advances Toward Updated Mineral Resource Estimate and PFS\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{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 1pt; BORDER-RIGHT:black 1pt; BORDER-BOTTOM:black 1pt; BORDER-LEFT:black 1pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 6, 2023\n \n \n /CNW/ - Defense Metals Corp. (\"\n \n Defense Metals\n \n \" or the \"\n \n Company\n \n \"; (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) is pleased to report its technical team has completed updates to the Wicheeda Rare Earth Element (REE) Deposit 3D geological model. The geological model and resource estimation domain update, which incorporates over 10,000 metres of additional drilling within 47 diamond drill holes completed during 2021 and 2022 following completion of the Wicheeda Deposit preliminary economic assessment (PEA), is preparatory to updating the Wicheeda Deposit mineral resource estimate (MRE) and is an essential input to the planned pre-feasibility study (PFS).\n \n \n \n Key Highlights of Updated Geological Model\n \n \n \n \n Updated geological model and resource estimation domains incorporate over 10,000 metres of new drilling within 47 holes completed post-PEA (\n \n Figure 1\n \n ).\n \n \n New drilling designed to contribute to increase mineral resource confidence from inferred to indicated and measured categories and provide detailed pit-slope geotechnical drilling data for PFS purposes.\n \n \n Advanced understanding and confidence in primary lithological and magmatic emplacement controls on mineralization within the Wicheeda REE carbonatite deposit.\n \n \n Potential opportunities for mineral resources expansion, and late mine-life grade suppo...