GreenEnergyBreaks – Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) Delivers Positive PEA for Wicheeda REE Project

Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) today announced the results of its Preliminary Economic Assessment (“PEA”) and updated mineral resource estimate for the development of its British Columbia, Canada-based Wicheeda Rare Earth Element (“REE”) deposit. According to the update, SRK Consulting Inc. (Canada) prepared the PEA, which has an effective date of Nov. 21, 2021. A technical report relating to the PEA will be filed on SEDAR within 45 days of the news release. “We are pleased to have delivered a positive PEA for the Wicheeda REE Project that has the potential to be one of the top REE projects in the world,” said Craig Taylor, CEO of Defense Metals. “We chose SRK due to its world-class experience and reputation in the mining industry and in particular its ability to assemble a team with highly specialized knowledge of rare earth elements projects. The results of the PEA reveal the Wicheeda Project demonstrates robust economics and relatively low initial CAPEX via a staged development scenario that provides the flexibility to capitalize on forecast REE demand pressure.”

To view the full press release, visit https://ibn.fm/fozWR

About Defense Metals Corp.

Defense Metals is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, defense industry, national security sector and in the production of green energy technologies, such as rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals has an option to acquire 100% of the Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. The company trades in Canada under the symbol DEFN on the TSX Venture Exchange, in the United States, under DFMTF on the OTCQB, and in Germany on the Frankfurt Exchange under 35D. For more information about the company, visit www.DefenseMetals.com.

About Green Energy Stocks

Green Energy Stocks (GES) is a specialized communications platform with a focus on companies working to shape the future of the green economy. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the InvestorBrandNetwork (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GES is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GES brings its clients unparalleled visibility, recognition and brand awareness. GES is where news, content and information converge.

To receive SMS text alerts from Green Energy Stocks, text “Green” to 21000 (U.S. Mobile Phones Only)

For more information, please visit https://www.GreenNRGStocks.com

Please see full terms of use and disclaimers on the Green Energy Stocks website applicable to all content provided by GES, wherever published or re-published: https://www.GreenNRGStocks.com/Disclaimer

Green Energy Stocks
Los Angeles, CA
www.GreenNRGStocks.com
415.949.5050 Office
Editor@GreenNRGStocks.com

Green Energy Stocks is part of the InvestorBrandNetwork.