Defense Metals Corp. · TSXV:DEFN
Defense Metals — Investor Presentation (February 2020)
23 slides from Defense Metals's investor presentation, Feb 24, 2020
Slide 1: Corporate Presentation
NORTH AMERICAN RARE EARTH CORPORATE PRESENTATION www.defensemetals.com TSXV:DEFN OTCQB:DFMTF FSE: 35D
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without Factors that could cause actual results to differ materially from those in forward looking statements include, but
Slide 3: Overview
OVERVIEW Defense Metals Corp. is a mineral exploration company focused on advancing its 1,708 hectare Wicheeda Rare Earth Element (REE) Project located near Prince George, British Columbia, Canada. Rare earth elements are critical for use in the electric power industry. They have significant militar
Slide 4: Defense Metals Timeline
DEFENSE METALS TIMELINE INITIAL MINERAL RESOURCE DEFENSE METALS RECEIVES 51 DRILL SITE / FIVE DEFENSE METALS COMPLETES DRILLING ESTIMATE AND COLLECTION OF 30 YEAR EXPLORATION PERMITS, FOR WICHEEDA RARE AND EXTENDS MINERALIZED ZONES AT TONNE SURFACE BULK SAMPLE EARTH PROPERTY WICHEEDA RARE EARTH ELEM
Slide 5: Defense Metals Timeline
DEFENSE METALS TIMELINE METALLURGY STUDY RETURNS 48.7% RARE HYDROMETALLURGY TEST PROGRAM UPDATED AND INCREASED MINERAL EARTH OXIDE CONCENTRATE GRADE AND ACHIEVES ~90% RARE EARTH ELEMENT RESOURCE ESTIMATE FOR WICHEEDA RARE 85.7% RECOVERY FOR WICHEEDA RARE EXTRACTION FROM WICHEEDA EARTH ELEMENT CARBON
Slide 6: Meeting Critical Rare Earth Element Demand
MEETING CRITICAL RARE EARTH ELEMENT DEMAND As North America and the world move toward widespread adoption of electric vehicles and other green technologies there will be upward demand pressure on critical REE magnet-metals, principally Nd-Pr (neodymium and praseodymium) Defense Metals is well-positi
Slide 7: Rare Earth - Commercial Applications
RARE EARTH - COMMERCIAL APPLICATIONS MEDICAL BATTERIES ELECTRIC MOTORS CAMERA LENSES Rare Earth magnets are used Neodymium is used to make Magnet based electric motors are Used in camera and for Medical imaging rechargeable batteries for cell essential to the electric vehicles telescope, night visio
Slide 8: Rare Earth - Defense Applications
RARE EARTH - DEFENSE APPLICATIONS Uses of rare-earth elements are applicable to the production of high-performance Guidance and Control Systems, Electronic Jamming Devices (known as ECM pods), next generation electric motors, high-powered laser targeting, Line of sight laser communications, and in n
Slide 9: Rare Earth Demand Trends
RARE EARTH DEMAND TRENDS ● Rare earth, specifically Neodymium, demand forecast to outpace supply by 2030 (Adamas Q2 2019) ● Demand increase mainly from use of permanent magnets in EVs and renewable energy generation (Roskill 2018) ● Nd demand has increased from 19% to 23% of total REE demand ● Nd an
Slide 10: Rare Earth Demand Trends
RARE EARTH DEMAND TRENDS* Source: Adamas Intelligence 10
Slide 11: Rare Earth Deposits, Production and Flow
RARE EARTH DEPOSITS, PRODUCTION AND FLOW WICHEEDA DEPOSIT DEFN HAS THE POTENTIAL TO BE A MAJOR DOMESTIC SUPPLIER OF CRITICAL RARE EARTH MINERALS ● China currently controls the Rare Earth refining market ● Lack of North American domestic refining and production poses a risk to security and defense ●
Slide 12: Wicheeda Deposit Strategic Location
WICHEEDA DEPOSIT STRATEGIC LOCATION The Wicheeda Property consists of 6 mineral claims covering an area of 1,708 hectares, located approximately 80 km northeast of the city of Prince George, British Columbia Favorable mineralogy and lanthanide distribution make Wicheeda a very attractive LREE deposi
Slide 13: Updated Wicheeda Mineral Resource
UPDATED WICHEEDA MINERAL RESOURCE May 13, 2020 Defense Metals Completes Updated Resource Estimate for the Wicheeda Project 49% increase in overall tonnage, and 30% increase in overall average grade compared to previous mineral resource Indicated Resources of 4,890,000 tonnes averaging 3.02% LREO2 (L
Slide 14: Updated Wicheeda Resource Block Model and Conceptual Pit Shell
UPDATED WICHEEDA RESOURCE BLOCK MODEL AND LERCHS-GROSSMAN CONCEPTUAL PIT SHELL 1 See Defense Metal News Release dated May 13,2020. The resource is classified according to the CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 29th, 2019 and CIM “Defini
Slide 15: Flotation Testwork
FLOTATION TESTWORK STUDY RETURNS 48.7% RARE EARTH OXIDE CONCENTRATE GRADE AND 85.7% RECOVERY FOR WICHEEDA RARE EARTH ELEMENT PROPERTY (1) WICHEEDA METALLURGY COMPARED TO WORLDWIDE REE MINES(2)(3) PROJECT COUNTRY DEVELOPMENT STAGE GRADE (% LREO) CONCENTRATE GRADE (% LREO) UPGRADING RATIO Wicheeda Can
Slide 16: Hydrometallurgical Test Work
HYDROMETALLURGICAL TEST WORK Figure 1: Simplified Wicheeda Hydrometallurgical Flowsheet Hydrometallurgical test program led to the successful development of a flowsheet capable of processing Wicheeda flotation concentrate to a high grade mixed REE hydroxide precipitate. Highlights of the recently co
Slide 17: Flotation Pilot Plant Initiation
FLOTATION PILOT PLANT INITIATION The success of its yearlong metallurgical flowsheet optimization process has demonstrated Wicheeda REE mineralization is amenable to relatively simple treatment via well-established methods of flotation, and hydrochloric acid leach / caustic crack REE extraction. Def
Slide 18: 2019 Diamond Drilling
2019 DIAMOND DRILLING Wicheeda Deposit Plan View “The 2019 Wicheeda REE Deposit drill campaign continues to yield exceptional results. With WI19-31 we have cut the highest grade drill intercept to date on the Project. The results are particularly significant given that WI19-31 occurs at the north en
Slide 19: Management and Directors
MANAGEMENT AND DIRECTORS RYAN CHEUNG CFO & Director Ryan Cheung, CPA, CA, has been providing accounting, management, securities regulatory compliance services to private and public-listed companies. Mr. Cheung also serves as an officer and/or director of a number of public-listed companies. Mr. Cheu
Slide 20: Advisors
ADVISORS KARL T. WANGER CHRIS GRAF Strategic Advisor P. Eng & Advisor Karl Wagner is the Founder and CEO of Eastern Sky Technologies, a global risk Mr. Graf was born in Cranbrook, B.C. and graduated from Mount Baker high consultancy specializing in crisis management and corporate resilience. He also
Slide 21: Advisors Continued
ADVISORS Continued ANDREW LELAND JAMIE SPRATT Strategic Advisor Strategic Advisor Mr. Leland earned his commission in US Army in 1998 as a graduate of the Reserve Mr. Spratt is Principal at Walmsley Capital Inc., a focused mining corporate finance Officer Training Corps program at Norwich University
Slide 22: Shares Outstanding
Shares Outstanding (0s of Feb 22, 2021) 64,057,389 Warrants @ $0.25 (expr. october 30, 2021) 2,450,000 @ $0.30 (expr. January 8, 2022) 1,000,000 @ $0.15 (expr, April 28th, 2022) 2,547,000 @ $0.15 (expr. May 27th, 2022) 200,000 @ $0.30 (expr. June 12, 2022) 668,000 @ $0.35 (expr. June 12, 2022) 3,260
Slide 23: Defense Metals Corp.
DEFENSE METALS CORP. 605-815 Hornby St. Vancouver BC, Canada V6Z 1T9 EXCHANGE LISTING TSX-V: DEFN - OTCQB: DFMTF - FSE: 35D CUSIP: 244633103 Registrar & Transfer Agent: Computershare Trust Company CONTACT Todd Hanas VP Investor Relations Mobile +1 (778) 994 8072 Toll Free +1 (833) 562 9916 Email tod
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