Defense Metals Corp. is a Canadian mineral exploration company focused on the identification and development of rare earth element (REE) resources. Headquartered in Vancouver, British Columbia, the company is listed on the OTC Markets under the symbol DFMTF and on the TSX Venture Exchange under DEFN. Its principal objective is to advance its flagship Wicheeda Rare Earth Element Project toward production, targeting REEs that are critical for the manufacturing of permanent magnets, electric vehicles, wind turbines and advanced defense applications.
The Wicheeda project is located approximately 55 kilometres northeast of Prince George in central British Columbia. Covering more than 1,100 hectares, the property hosts a carbonatite-hosted REE deposit that has been the subject of multiple drilling campaigns, metallurgical test work and preliminary economic assessments. Infrastructure in the region, including forestry roads, power lines and proximity to rail, provides the company with logistical advantages as it progresses toward feasibility and potential mine development.
Defense Metals emphasizes environmentally responsible exploration practices and alignment with Indigenous communities and regional stakeholders. Under the leadership of President and CEO Craig Taylor, the company has pursued systematic resource definition and engineering studies aimed at de-risking the project. Management’s focus on metallurgical recovery, mineralogy and optimal beneficiation flowsheets underscores its commitment to delivering a concentrate suitable for downstream separation and refinement.
By targeting the supply constraints in the North American and global REE markets, Defense Metals seeks to contribute to a secure, diversified supply chain for critical minerals. The company’s strategic positioning, technical progress and engagement with potential offtake partners and government programs reflect its goal of supporting emerging clean-technology sectors and national security priorities.
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