Friday, May 28, 2021

New #Stocks to Watch at Investor Ideas in Cannabis (CSE: $MARY.C) (Nasdaq: $FLGC), Tech (Nasdaq: $JWEL) (NYSE: $TUYA) & Biotech (Nasdaq: $UPC) (Nasdaq: $GANX)

New #Stocks to Watch at Investor Ideas in Cannabis (CSE: $MARY.C) (Nasdaq: $FLGC), Tech (Nasdaq: $JWEL) (NYSE: $TUYA) & Biotech (Nasdaq: $UPC) (Nasdaq: $GANX)

 

Also new stocks in mining, natural gas, water, wine and restaurants


 

 


 

 

 

 

 

 

 

 

 

Point Roberts WA, Delta BC, May 28, 2021 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in Cannabis, Tech, Biotech, Mining, Natural Gas, Water, Wine and Restaurants. Today’s stocks have been added to our lists of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2021/main/05281Stocks.asp

 

This week’s new companies cover a wide-range of sectors and include many recent Nasdaq/NYSE IPOs.

 

Other new companies are Canadian-listed and are involved in the helium, cannabis and water sectors.

 

New Stocks added to Cannabis Stocks Directory:

Mary Agrotechnologies Inc. (CSE:MARY) is in the business of developing affordable, automated, yet aesthetically appealing technologies for communities to grow all kinds of produce regardless of local climate. The Company's signature product, Mary Model Z ("Model Z"), is a grow box, which is a small enclosed system for growing plants indoors or in small areas. Model Z is designed for consumers, takes advantage of the legalization of cannabis, and features a stylish Wi-Fi connected growing system that is automated by cloud-based artificial intelligence, with built-in air conditioning, active filtering system to control odour and mould, immersive multidirectional lighting, pre-made nutrient packs, and a smartphone app that can monitor and control the unit from virtually anywhere. It has been developed specifically for growing cannabis and takes the guesswork out of the process allowing anybody to grow at home.

 

Flora Growth Corp. (NasdaqCM:FLGC) s a cannabis company that works to leverage natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the world’s largest outdoor cannabis cultivation facilities, Flora strives to market a higher-quality premium product at below market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive.

 

New Stocks added to Tech Stocks Directory:

Jowell Global Ltd. (NasdaqGS:JWEL) operates one of China's leading e-commerce platforms for cosmetics, health and nutritional supplements and household products - Juhao Mall. The Company provides its own brand products to customers and sells and distributes other companies' health and nutritional supplements, cosmetics and certain household products on the Juhao Mall platform. In addition, Juhao Mall allows third parties to open their own stores on its platform. The Company has also been selling its products through authorized retail stores all across China, which operate under the brand name of “Love Home Store” or “LHH Store”.

 

Tuya Inc. (NYSE:TUYA) is a global leading IoT cloud platform with a mission to build an IoT developer ecosystem and enable everything to be smart. Tuya is the largest IoT PaaS business in the global market in terms of the volume of smart devices powered in 2020, according to CIC. Tuya has pioneered a purpose-built IoT cloud platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers. Through its IoT cloud platform, Tuya has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices.

 

New Stocks added to Biotech Stocks Directory:

Universe Pharmaceuticals INC. (NasdaqGS:UPC) headquartered in Ji’an, Jiangxi, China, is a pharmaceutical producer and distributor in China. The Company specializes in the manufacturing, marketing, sales and distribution of traditional Chinese medicine derivatives products targeting the elderly with the goal of addressing their physical conditions in the aging process and to promote their general well-being. The Company also distributes and sells biomedical drugs, medical instruments, Traditional Chinese Medicine Pieces, and dietary supplements manufactured by third-party pharmaceutical companies. Currently, the Company’s products are sold in 30 provinces of China

 

Gain Therapeutics, Inc. (NasdaqGS:GANX) is redefining drug discovery with its SEE-Tx™ target identification platform. By identifying and optimizing allosteric binding sites that have never before been targeted, Gain is unlocking new treatment options for difficult-to-treat disorders characterized by protein misfolding. Gain was established in 2017 with the support of its founders and institutional investors. It has been awarded funding support from The Michael J. Fox Foundation for Parkinson’s Research (MJFF) and The Silverstein Foundation for Parkinson’s with GBA, as well as from the Eurostars-2 joint program with co-funding from the European Union Horizon 2020 research and Innosuisse. In July 2020, Gain Therapeutics, Inc. completed a share exchange with Gain Therapeutics, SA, a Swiss corporation, whereby GT Gain Therapeutics SA became a wholly owned subsidiary of Gain Therapeutics, Inc.

 

New Stocks added to Mining Stocks Directory:

Global Helium Corp. (CSE:HECO) is an exploration stage company focused on the exploration, acquisition, development, and production of helium to meet the needs of increasing helium demand and shrinking helium supply in North America and around the world. The Company has a seasoned team of industry professionals and technical experts and has established connections with North American and international helium buyers. Together, the team has captured 100%-owned permits encompassing hundreds of thousands of acres prospective for helium in Saskatchewan’s well-established helium fairway.

 

New Stocks added to Natural Gas Stocks Directory:

VINE ENERGY INC. (NYSE:VEI) is an energy company focused exclusively on the development of natural gas properties in the stacked Haynesville and Mid-Bossier shales in the Haynesville Basin of Northwest Louisiana. The company employs a relentless focus on generating free cash flow and shareholder returns while demonstrating environmental, social and governance leadership.

 

New Stocks added to Water Stocks Directory:

Water Ways Technologies Inc. (TSXV: WWT) through its subsidiaries, is a global provider of Israeli-based agriculture technology, providing water irrigation solutions to agricultural producers. Water Ways Technologies competes in the global irrigation water systems market with a focus on developing solutions with commercial applications in the micro and precision irrigation segments of the overall market. At present, Water Ways Technologies' main revenue streams are derived from the following business units: (i) Projects Business Unit; and (ii) Component and Equipment Sales Unit. Water Ways Technologies is capitalizing on the opportunities presented by micro and smart irrigation, while also making a positive mark on society by making these technologies more widely available, especially in developing markets such as Africa and Latin America and developed markets such as China and Canada. Water Ways Technologies irrigation projects include vineyards, Cotton fields, Apple and Orange orchards, Blueberries, Medical Cannabis, fresh produce cooling rooms and more, in over 15 countries.

 

New Stocks added to Wine Stocks Directory:

Duckhorn Portfolio, Inc. (NYSE:NAPA) is the premier producer of luxury wines in North America. The acclaimed Duckhorn Portfolio includes Duckhorn Vineyards, Decoy, Paraduxx, Goldeneye, Migration, Canvasback, Calera and Kosta Browne, each with its own dedicated winemaker.

 

New Stocks added to Restaurant Stocks Directory:

Olo Inc. (NYSE:OLO) powers digital ordering and delivery programs that connect restaurant brands to the on-demand world, placing orders directly into the restaurant through all order origination points – from a brand’s own website or app, third party marketplaces, social media platforms, smart speakers, and home assistants. Olo serves as the on-demand ordering and delivery platform for over 400 brands, such as Applebee’s (DIN), Checkers & Rally’s, Cheesecake Factory (CAKE), Chili’s (EAT), Dairy Queen, Denny’s (DENN), Five Guys Burgers & Fries, Jamba Juice (JMBA), Noodles & Company (NDLS), Portillo’s Hot Dogs, Shake Shack (SHAK), sweetgreen, Wingstop (WING), and more. SKIP THE LINE®

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Learn about investing in stocks and sector trends with our news alerts, articles,  podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea's original branded content includes the following podcasts and columns: Crypto CornerPlay by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate ChangeExploring Mining and the AI Eye.

 

Public companies within the sectors we cover use our news and content services to tell their story to interested investors. Paid for content is disclosed.  

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Learn more about our news, PR and social media, podcast and ticker tag services at Investorideas.com

https://www.investorideas.com/Investors/Services.asp

 

Learn more about advertising and guest posts

https://www.investorideas.com/Advertise/

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android  

 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com

800 665 0411

 

 



 

 

 

#Mining #Stock News: Aurcana Silver (TSXV: $AUN.V) (OTC: $AUNFF) Project Update, Filing of 1st Quarter Financials and Award of Options; @AurcanaC

#Mining #Stock News: Aurcana Silver (TSXV: $AUN.V) (OTC: $AUNFF) Project Update, Filing of 1st Quarter Financials and Award of Options; @AurcanaC

 


VANCOUVER, British Columbia - May 28, 2021 (Investorideas.com Newswire) AURCANA SILVER CORPORATION ("Aurcana" or the "Company") (
TSXV: AUN, OTCQX: AUNFF) is pleased to announce another strong month of pre-production activities at the Company's wholly owned Revenue-Virginius Mine in Ouray, Colorado. The Company remains on track with the guidance provided in its May 4, 2021 press release for production to ramp up during July 2021 and its target of reaching full production levels in September 2021. During the month of May, key underground activities included continued steady advance rates in the vertical development of the alimak raises. The #1 Alimak Raise development is nearly complete and ready for installation of the timber and hoist. The #3 Alimak Raise has reached the 1800 level. Crosscut development to intersect the main Virginius vein on the 1800 level is on schedule and process plant upgrades remain on track. Operations are fully staffed.

 

Read this news, featuring AUN in full at https://www.investorideas.com/CO/AUN/news/2021/05281Project-Update.asp

 

The Company also announces its filing on SEDAR of its Unaudited Financial Statement and Management Discussion and Analysis for the 1st quarter 2021.

 

Lastly, the Company's Board of Directors has approved the issuance of incentive stock options to purchase an aggregate of 6,120,000 common shares to management, employees, directors, and consultants to the Company. The options have a term of five years, with an exercise price per share of C$1.10, which represents approximately a 25% premium over the 30 day VWAP of Aurcana's common shares on the TSX Venture Exchange. The options will vest over a period of three years. In line with the Company's objective to incentivize its operating team and to create a culture where workers adopt an owner mindset, the options were awarded to all levels of employees at the Company's wholly owned Ouray Silver Mines, Inc. (100% holder of the Revenue-Virginius Mine).

 

Qualified Person Statement

The scientific and technical content of this news release was reviewed and approved by Michael Gross, P. Geo, a "qualified person" within the meaning of NI 43-101

 

ABOUT AURCANA SILVER CORPORATION

Aurcana Corporation owns the Revenue-Virginius Mine, in Colorado, and the Shafter-Presidio Silver Project in Texas, US. The primary resource at Shafter and Revenue-Virginius is silver. Both are fully permitted for production.

 

ON BEHALF OF THE BOARD OF DIRECTORS OF AURCANA SILVER CORPORATION

"Kevin Drover"
President & CEO

 

For further information, visit the website at www.aurcana.com or contact:

Aurcana Corporation
850 - 789 West Pender Street
Vancouver, BC V6C 1H2
Phone: (604) 331-9333

 

Gary Lindsey, Corporate Communications
Phone: (720)-273-6224
Email:
gary@strata-star.com

 

CAUTIONARY NOTES

This press release contains forward looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate", "plan", "continue", "expect", "estimate", "objective", "may", "will", "project", "should", "predict", "potential" and similar expressions are intended to identify forward looking statements. In particular, this press release contains forward looking statements concerning, without limitation, statements relating to the Private Placement (including with respect to the timing of closing of the Private Placement). Although the Company believes that the expectations and assumptions on which the forward looking statements are based are reasonable, undue reliance should not be placed on the forward looking statements because the Company cannot give any assurance that they will prove correct. Since forward looking statements address future events and conditions, they involve inherent assumptions, risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of assumptions, factors and risks. These assumptions and risks include, but are not limited to, assumptions and risks associated with the receipt of regulatory or shareholder approvals, and risks related to the state of financial markets or future metals prices.

Management has provided the above summary of risks and assumptions related to forward looking statements in this press release in order to provide readers with a more comprehensive perspective on the Company's future operations. The Company's actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated by the forward looking statements will transpire or occur, or if any of them do so, what benefits the Company will derive from them. These forward looking statements are made as of the date of this press release, and, other than as required by applicable securities laws, the Company disclaims any intent or obligation to update publicly any forward looking statements, whether as a result of new information, future events or results or otherwise.

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Aurcana Silver Corporation is a featured mining company on InvestorIdeas. Please read our full disclaimer and disclosure regarding specific compensation Additional info regarding BC Residents: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Aurcana Silver Corporation (TSXV: AUN) (OTC: AUNFF) is a featured Mining stock on Investorideas.com

 

Visit profile page

 


Get more mining stock investor ideas- news, articles, podcasts and stock directories

 

 

 

 

 

 

Thursday, May 27, 2021

#ExploringMining #Podcast Episode 171 – #Mining #Stocks News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (CSE: $NSG.C) (TSXV: $CTM.V)

#ExploringMining #Podcast Episode 171 – #Mining #Stocks News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (CSE: $NSG.C) (TSXV: $CTM.V)   

 

Point Roberts WA, Delta BC, May 27, 2021 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring stock news from TSX, TSXV ,CSE, ASX, NASDAQ, NYSE  companies plus interviews with CEO's and leading experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/052721-Mining.mp3

 

Read this in full at https://www.investorideas.com/news/2021/exploring-mining/05271DEFN-RIO-NSG-CTM.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

Listen to Exploring Mining on Spotify

 

Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) plans to complete a minimum of 2,000 metres and up to 5,000 metres of diamond drilling at its Wicheeda Rare Earth Element (REE) deposit during 2021 to expand the deposit and further delineate existing resources. The company’s CEO, Craig Taylor, said:

 

"Defense Metals is pleased to announce its plans to complete further resource expansion and delineation diamond drilling at Wicheeda. Building on the success of our 2019 drill program we see a way forward to expanding the deposit northward, which has the potential to provide additional near surface resources, and to further delineation of existing inferred resources."

 

Rio Tinto Group (NYSE:RIO) is partnering with R&D focused aluminium semi-solid castings supplier Comptech to bring a new generation of aluminium alloys to the market for use in advanced technologies such as electric vehicles and 5G antennas. Rio Tinto’s VP of Sales and Marketing Aluminium, Tolga Egrilmezer, explained:

 

"Through this partnership, we are delivering a new range of specialised alloys designed to deliver high performance, lower cost solutions for advanced applications like electric vehicles and 5G antennas. This is an area of emerging demand where our industry leading research and development capability allows us to deliver products that meet the specific needs of manufacturers and end customers."

 

Northstar Gold Corp. (CSE:NSG) has reported additional fire assay and metallic screen results from drill hole MG21-56 at its 100 percent-owned Miller Gold Property. Brian Fowler, President, CEO and Director of Northstar, commented:

 

"These partial drill hole MG21-56 assay results provide further evidence that Northstar's Allied Syenite Gold Zone has excellent expansion potential for a significant near-surface gold resource with a high-grade component. The Company recognizes the 3 high-grade intercepts sweeten the 117m assayed interval average gold grade, however the presence of a much larger, continuous lower grade gold zone at Miller is supported by the relatively even distribution of 21 samples grading >0.8 g/t Au."

 

Canterra Minerals Corporation (TSXV:CTM) has reported results for the remaining nine drill holes completed during its winter 2021 drill program at the Wilding Gold Project in central Newfoundland, Canada. Some highlights include: 11.0 g/t Au over 0.3m at a depth of 22.4m in hole WL-21-45 at the Dogberry Target, and 1.37 g/t Au over 1.0m at a depth of 13.9m in hole WL-21-44 at the Elm Zone. Chris Pennimpede, President & CEO of Canterra, said:

 

"The first drill holes into the Dogberry target successfully returned a new gold discovery to add to the already abundant gold mineralization identified on the Wilding Gold Project. The primary goals for Canterra going into this short first winter drill program on the Wilding Gold Project were to step-out at two of the known zones, Elm and Red Ochre, aiming to extend gold mineralization along strike and down dip and also to test a new target to make a new discovery. We accomplished all those goals and continued to hit gold mineralization in nearly every hole. We now look to summer surface work and drilling to refine new drill targets and design our future drill program to target other untested targets on the project."

 

Investors can trade these stocks and other ideas on our site using our  list of top stock trading apps including Robinhood , Acorn, Stash  and others.

 

The Investorideas.com podcasts are also available on iTunes ( Apple Podcasts) ,  Audible , Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio ,  Google Play Music and most audio platforms available.

 

Visit the Podcast page at Investorideas.com:

https://www.investorideas.com/Audio/

 

Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

 

About Investorideas.com - News that Inspires Big Investing Ideas

Investorideas.com publishes breaking stock news,  third party stock research , guest posts and original  articles and podcasts in leading stock sectors.  Learn about investing in stocks and get  investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.           

 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

News on Defense Metals Corp. is a paid for service on Investorideas.com

 

Follow us on Twitter https://twitter.com/Investorideas

Follow us on Facebook https://www.facebook.com/Investorideas

Follow us on YouTube https://www.youtube.com/c/Investorideas

Download our Mobile App for iPhone and Android 

Join our Investor Club https://www.investorideas.com/membership/

 

Contact Investorideas.com to be a guest or sponsor this podcast

800-665-0411

 

 

Get more mining stock investor ideas- news, articles, podcasts and stock directoriesmining-stocks.gif

 

#REE #Stocks News: Defense Metals (TSXV: $DEFN.V; OTCQB: $DFMTF) Announces Plans for 2021 Wicheeda REE Deposit Resource Expansion and Definition Diamond Drill Program; @DefenseMetals

#REE #Stocks News: Defense Metals (TSXV: $DEFN.V; OTCQB: $DFMTF) Announces Plans for 2021 Wicheeda REE Deposit Resource Expansion and Definition Diamond Drill Program; @DefenseMetals

 

Vancouver, British Columbia – May 27, 2021: Investorideas.com Newswire, MiningSectorStocks.com and RenewableEnergyStocks.com -Mining/Metals/ Green Energy Stock News- Defense Metals Corp. (“Defense Metals”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce plans to complete a diamond drill campaign during 2021 at its Wicheeda Rare Earth Element (REE) deposit. The Company plans to complete a minimum of 2,000 metres and up to 5,000 metres of diamond drilling designed to expand the deposit and further delineate existing resources.

 

Read this news featuring DEFN and see images at  https://www.investorideas.com/news/2021/mining/05271DEFN-Wicheeda-REE-Deposit.asp

 

The road accessible Wicheeda REE Property is located close to infrastructure approximately 80 kilometres northeast of Prince George, British Columbia (BC). The Wicheeda project has indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements) and inferred mineral resources of 12,100,000 tonnes averaging 2.90% LREO[1].

 

During 2019, the Company completed 13 diamond drill holes totalling 2,005 metres that expanded the Wicheeda deposit to the north, where it remains open, and further delineated the relatively higher-grade, near surface dolomite carbonatite unit within the main southern part of the deposit.  The 2019 drill campaign yielded one of the highest grade REE intercepts to date within drill hole WI19-31 that returned 4.43% LREO over 83 metres; including 5.47% LREO over a drill core interval of 33 metres ending in mineralization[2], and culminated in the release of the first three-dimensional geological model for the Wicheeda Deposit and a significant increase in mineral resources (see Defense Metals News Release Dated May 13, 2020).

 

The 2021 Wicheeda diamond drill program is designed to build on the successes of the 2019 campaign and will focus on expanding the zone REE mineralized dolomite-carbonatite to the north, in addition to further delineating existing inferred resources within the central and northwestern areas of the deposit (Figure 1).

 

Craig Taylor, CEO of Defense Metals, stated: “Defense Metals is pleased to announce its plans to complete further resource expansion and delineation diamond drilling at Wicheeda. Building on the success of our 2019 drill program we see a way forward to expanding the deposit northward, which has the potential to provide additional near surface resources, and to further delineation of existing inferred resources.”

 

About the Wicheeda REE Property

The 1,708 hectare Wicheeda REE Property, located approximately 80 km northeast of the city of Prince George, British Columbia, is readily accessible by all-weather gravel roads and is nearby to infrastructure, including power transmission lines, the CN railway and major highways.

 

Geologically, the property is situated in the Foreland Belt and within the Rocky Mountain Trench, a major continental geologic feature. The Foreland Belt contains part of a large alkaline igneous province, stretching from the Canadian Cordillera to the southwestern United States, which includes several carbonatite and alkaline intrusive complexes hosting the Aley (niobium), Rock Canyon (REE), and Wicheeda (REE) deposits.

 

Qualified Person

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Property has been reviewed and approved by Kristopher J. Raffle, P.Geo. (BC) Principal and Consultant of APEX Geoscience Ltd. of Edmonton, AB, a director of Defense Metals and a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein. 

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. 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 further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding “Forward-Looking” Information

This news release contains “forwardlooking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the planned drilling on the Wicheeda Property and the expected outcomes, the advancement and development of the Wicheeda Property, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that machinery, equipment and personnel will be available if and when needed and on reasonable terms, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forwardlooking statements or forwardlooking information, except as required by law.

 

Paid News -Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Disclosure : this news release featuring Defense Metals Corp. is a paid for service  on Investorideas.com ($750) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com

Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

About Investorideas.com

https://www.investorideas.com/About/

 

Sign up for free stock news alerts at Investorideas.com

https://www.investorideas.com/Resources/Newsletter.asp

 

RenewableEnergyStocks.com: investing ideas in renewable energy stocks - solar, wind, batteries and more - Environmental, social and governance (ESG) investing tools

 

MiningSectorStocks.com - investing ideas in mining stocks

Like Mining Stocks? View our Mining Stocks Directory  Get News Alerts on Mining Stocks

 

 

 



[1] Technical Report on the Wicheeda Property, British Columbia, effective June 27, 2020 and prepared by APEX Geoscience Ltd. (Steven J. Nicholls, B.A. Sc., MAIG and Kristopher J. Raffle, B.Sc., P.Geo.) is available under Defense Metals Corp.’s profile on SEDAR (www.sedar.com)

[2] The true width of REE mineralization is estimated to be 70-100% of the drilled interval. See Defense Metals News Release Dated November 27, 2019.