Defense Metals hikes Wicheeda rare earths resources

TSX-V-listed Defense Metals has upgraded the mineral resource estimate (MRE) for the Wicheeda rare earth element (REE) deposit, in British Columbia, demonstrating the required tonnages and grades necessary to carry forward its ongoing prefeasibility study. The 2023 MRE comprises a 6.4-million-tonne measured mineral resource, averaging 2.86% total rare earth oxide (TREO), a 27.8-million-tonne indicated mineral resource, averaging 1.84% TREO and an 11.1-million-tonne inferred mineral resource, averaging 1.02% TREO.