Defense Metals Corporation

News & Press Releases

Defense Metals Drills 4.32% Total Rare Earth Oxide Over 64 Metres From Surface And Extends Mineralized Zone At Wicheeda Rare Earth Element Deposit

VANCOUVER, British Columbia, Oct. 31, 2019 (GLOBE NEWSWIRE) — Defense Metals Corp. (“Defense Metals”) (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) announces assay results for the first two diamond 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 WI19-20, collared from the 2018 Wicheeda bulk sample site (see Defense Metals News Release dated March 14, 2019), assayed 4.32% Total Rare Earth Oxide (TREO; being cerium, lanthanum, neodymium, praseodymium, and samarium oxides (Ce2O3+La2O3+Nd2O3+ Pr2O3+Sm2O3)) over a drill

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Defense Metals Metallurgy Study Returns 48.7% Rare Earth Oxide Concentrate Grade and 85.7% Recovery for Wicheeda Rare Earth Element Property

Vancouver, British Columbia – October 23rd, 2019: Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF / FSE:35D) is pleased to announce that it has received final metallurgical test results for the Wicheeda Rare Earth Element Property (“Wicheeda”) from SGS Canada Inc. (“SGS”). Results from a total 40 batch flotation tests designed to produce an optimized Wicheeda process flowsheet through iterative test procedures with varying process conditions informed the final Locked-Cycle Test (“LCT”) that successfully produced (Table 1): 48.7% total rare earth oxide (TREO) high grade concentrate of cerium, lanthanum, neodymium, and praseodymium oxides (Ce2O3+La2O3+Nd2O3+ Pr2O3) 85.7%

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Defense Metals Submits Wicheeda Rare Earth Element Project Drill Core for Analysis

Vancouver, BC – October 1, 2019:  Defense Metals Corp. (TSX-V: DEFN, US-OTCQB: DFMTF, FSE: 35D)(“Defense Metals”) is pleased to announce it has submitted an initial batch of 124 core samples from its successful 13 hole, 2,005 metre summer 2019 Wicheeda Rare Earth Element Deposit diamond drill program to ALS Canada Ltd. (“ALS”) analytical laboratories in Kamloops, BC.  At ALS  the Wicheeda samples will undergo multi-element ICP-MS analysis via lithium-borate fusion to determine individual Rare Earth Element (REE) content.ALS is an International Standard (ISO/IEC) 17025:2005 and ISO 9001:2015 certified analytical testing facility.    Defense Metals expects the balance of 2019

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DEFENSE METALS COMPLETES DRILLING AND EXTENDS MINERALIZED ZONES AT WICHEEDA RARE EARTH ELEMENT DEPOSIT

Vancouver, British Columbia — September 23, 2019 Defense Metals Corp. (“DefenseMetals” or the “Company”) (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) is pleased to announce completion of the 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. Subsequent to announcing commencement of the 2019 Wicheeda drill program (see the Defense Metals’ August 12, 2019 New Release) the Company completed 13 diamond drill holes totalling 2,005 metres.  The diamond drill, camp and exploration crew have now demobilized from the field, and APEX Geoscience Ltd.

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DEFENSE METALS PROVIDES WICHEEDA RARE EARTH ELEMENT DRILL UPDATE

Vancouver, British Columbia — September 3, 2019 Defense Metals Corp. (“Defense Metals”) (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) is pleased to provide an operational update regarding the current resource definition diamond drill program at its 1,708 hectare (4,220 acre) Wicheeda Rare Earth Element (REE) Project located near Prince George, Canada. Subsequent to announcing the 2019 Wicheeda drill program (see the Defense Metals’ August 12, 2019 New Release), camp construction and site preparation for all planned diamond drill locations was completed. Core drilling started at the location of the Wicheeda 30 tonne bulk sample

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DEFENSE METALS ENGAGES ALEX W. KNOX AS TECHNICAL ADVISOR

Vancouver, British Columbia, Canada, August 19, 2019 – Defense Metals Corp. (“Defense Metals” or the “Company”) (DEFN: TSX-V / DFMTF: OTCQB / 35D: FSE) is pleased to announce that Mr. Alex W. Knox has agreed to consult for Defense Metals as a technical advisor to its Wicheeda Rare Earth Element (“REE”) Project located 80 kilometres (50 miles) northeast of the city of Prince George, British Columbia.  Mr. Knox has worked in the exploration and development of carbonatite and REE deposits since 1984, first with Molycorp Inc., at the time the owner of the producing Mountain Pass, California, light REE mine,

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