Assay TV catches up with Luisa Moreno, president and director of Canadian REE explorer Defense Metals Corp. (TSXV: DEFN). The company, which is on the hunt for North American rare earths at its 100% owned Wicheeda property in British Columbia, Canada, has an Indicated Mineral Resource of 5Mt averaging 2.95% TREO (Total Rare-Earth Oxide), and an Inferred Mineral Resource of 29.5Mt averaging 1.83% TREO.
In this interview, Luisa discusses the results of Defense Metals’ preliminary economic assessment carried out at Wicheeda, as well as the project’s projected timetable. She also explains some of the key uses for REEs, and touches upon supply chain issues for North America.
Website: www.defensemetals.com
Primary tickers: TSXV:DEFN, OTCQB:DFMTF, FSE:35D
Stages of development: Exploration, Development
Commodity: Rare Earths
Project to promote: Wicheeda Property
Project location: Canada