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Defense Metals Drills 4.01% Light Rare Earth Oxide

The date of: 2019-12-13
viewed: 6

source:EnerCom Inc. (press release) 

VANCOUVER, Dec. 12, 2019 /CNW/ - Defense Metals Corp. ('Defense Metals') (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for the final two drill holes of the recently completed 2019 resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada.

Drill hole WI19-30 (-55o dip / 250o azimuth) was drilled to test the northern extension of the Wicheeda REE Deposit and intersected a broad zone of mineralization returning 2.59% Light Rare Earth Oxide (LREO; being cerium, lanthanum, neodymium, praseodymium, and samarium oxides (Ce2O3+La2O3+Nd2O3+ Pr2O3+Sm2O3) over a drill core interval of 130.8 metres; including an interval assaying 4.43% LREO over a drill core interval of 27 metres 1 (Table 1).

Drill hole WI19-32 (-55o dip / 300o azimuth) drilled from the same collar as WI19-30 was the final hole of the 2019 resource definition program and northernmost drill hole testing the Wicheeda REE Deposit returned 4.01% LREO over a drill core interval of 58 metres; within a broader zone of mineralization assaying 3.63% LREO over a drill core interval of 75 metres; in addition to an upper mineralized intercept assaying 2.71% LREO over a drill core interval of 28 metres 1 (Figure 1).

Craig Taylor, CEO and President of Defense Metals Corp., commented, 'With the release of our last two holes of the 2019 Wicheeda REE Deposit drill campaign we continue to establish the potential for expansion of the Wicheeda REE Deposit.  Significant REE mineralization occurs within WI19-32 our northernmost drill hole completed on the Project to date, which is both open north and at depth.'

The 2019 Wicheeda REE Deposit resource definition drill program comprised 13 diamond drill holes totalling 2,005 metres that were completed from three separate drill pads, designed to test the northern, southern and western extent of the Wicheeda deposit where it remains open, and to further delineate the relatively higher-grade, near surface dolomite carbonatite unit.



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