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Defense Metals Corp - DFMTF STOCK NEWS

Welcome to our dedicated news page for Defense Metals (Ticker: DFMTF), a resource for investors and traders seeking the latest updates and insights on Defense Metals.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Defense Metals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Defense Metals's position in the market.

News
Defense Metals Appoints Guy de Selliers de Moranville to the Board of Directors
Rhea-AI Summary
Defense Metals Corp. appoints Mr. Guy de Selliers de Moranville as a new director to the Board of Directors and grants stock options. Mr. de Selliers brings extensive finance experience and industry knowledge to the company. The appointment aims to enhance corporate governance and project development at Defense Metals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.45%
Tags
management
-
News
Defense Metals Appoints HCF International Advisers for Strategic Funding Review of Wicheeda REE Project
Rhea-AI Summary
Defense Metals Corp. appoints HCF International Advisers for strategic funding review of Wicheeda Rare Earth Element Project in British Columbia. The review aims to analyze funding options and partnerships post Preliminary Feasibility Study in Q2 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.57%
Tags
management
-
News
Defense Metals Ships Mixed Rare Earth Carbonate Samples to two major REE companies
Rhea-AI Summary
Defense Metals Corp. announces the successful shipment of high-quality rare earth samples to major companies, solidifying the Wicheeda REE Project as a crucial North American rare earth source. CEO Craig Taylor highlights key project characteristics and the company's vision for establishing North American REE supply chains. Defense Metals will be present at the PDAC Convention in Toronto.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
none
News
Defense Metals Updates Metallurgical Test Work and Preliminary Feasibility Study Progress for its Wicheeda Rare Earth Elements Project
Rhea-AI Summary
Defense Metals Corp. provides an update on metallurgical work programs and Preliminary Feasibility Study for its Wicheeda Rare Earth Element Project. Metallurgical test work resulted in a high-grade mineral concentrate with 50% TREO and an 80% recovery rate. The planned acid bake process is expected to deliver 90% TREO extraction. The PFS plant flowsheets are completed, and economic evaluation is in progress. Defense Metals has drilled 58 core holes, resulting in a 260% increase in resources. Total project expenditures exceed CAD $17.5 million. A Co-Design Agreement with McLeod Lake Indian Band has been established.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.93%
Tags
none
-
News
McLeod Lake Indian Band and Defense Metals Corp. Announce Groundbreaking Partnership for Wicheeda Project
Rhea-AI Summary
The McLeod Lake Indian Band and Defense Metals Corp. have announced a strategic Equity Partnership and Co-Design Agreement, solidifying their joint commitment to the successful advancement of the Wicheeda Project, a rare earth elements (REE) project in central British Columbia. The partnership involves MLIB purchasing a meaningful equity stake in Defense Metals, showcasing their long-term commitment to the project's success. The Co-Design Agreement emphasizes a joint planning approach, empowering MLIB to play an integral part in the design and decision-making process in the technical, social, engineering, and environmental aspects of the Wicheeda Project. The collaboration aims to contribute to the clean energy transition in British Columbia, with the potential to become a significant supplier of rare earth elements, equivalent to approximately 10% of current global production. The partnership has been praised by the Minister of Energy, Mines and Low Carbon Innovation for its role in advancing reconciliation and shaping BC's natural resources future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.81%
Tags
partnership
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News
Defense Metals to Ship Wicheeda Mixed Rare Earth Carbonate Sample to Ucore Rare Metals Inc.
Rhea-AI Summary
Defense Metals Corp. (DEFN) signs MOU with Ucore Rare Metals Inc. (UCU) to explore collaborative opportunities for a North American rare earth element supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.06%
Tags
none
News
Defense Metals Completes Geotechnical Field Data Collection for Wicheeda Rare Earth Element Project Preliminary Feasibility Study
Rhea-AI Summary
Defense Metals Corp. (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) has completed all infrastructure geotechnical field data collection for its 100% owned Wicheeda Rare Earth Element Project in Canada. The company expects to finish the preliminary feasibility study in Q2 2024. The geotechnical work was completed by SRK Consulting (Canada) Inc. with the support of APEX Geoscience Ltd.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.57%
Tags
none
-
News
Defense Metals Completes Phase 2 Pit Geotechnical Drilling & Intersects Mineralized Carbonatite at the Wicheeda Rare Earth Element Project
Rhea-AI Summary
Defense Metals Corp. (DEFN) completes Phase 2 open pit diamond core and sonic infrastructure geotechnical drilling program. The company also commissioned a 503 line-km airborne magnetic and radiometric survey over a 45 square-km area of the Wicheeda Project. The ongoing Wicheeda Project preliminary feasibility study (PFS) is on target for completion at the end of Q2 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.85%
Tags
clinical trial
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News
Defense Metals Files NI 43-101 Mineral Resource Estimate Technical Report for the Wicheeda Rare Earth Element Project
Rhea-AI Summary
Defense Metals Corp. has filed the detailed Technical Report of its updated Mineral Resource Estimate for its Wicheeda Rare Earth Element deposit in British Columbia. The report shows a significant upgrade in Measured and Indicated Mineral Resources, with a 17% increase in Total Rare Earth Oxide (TREO) on a contained metal basis. The 2023 MRE is based on an updated geological model that incorporates additional drillhole data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.41%
Tags
none
News
Defense Metals Ships Mixed Rare Oxide and Carbonate Samples to Interested Parties
Rhea-AI Summary
Defense Metals Corp. has shipped samples of mixed rare earth oxide and mixed rare earth carbonate to interested parties on behalf of the Company. The samples are being distributed to major processors, refiners, and metals traders in Europe, Asia, and North America to independently verify the high-quality of REE products from the Wicheeda deposit. This establishes Wicheeda as an important, future North American source of rare earths. Defense Metals also announces its attendance at the 19th International Rare Earths Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
Tags
none
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Defense Metals Corp

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DFMTF Stock Data

44.40M
249.56M
3.47%
0.91%
All Other Metal Ore Mining
Mining, Quarrying, and Oil and Gas Extraction
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Canada
Vancouver