#ExploringMining #Podcast Episode 161 – #Mining #Stock News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (TSXV: $KNC.V) (CSE: $PAU.C)

 

#ExploringMining #Podcast Episode 161 – #Mining #Stock News from (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $RIO) (TSXV: $KNC.V) (CSE: $PAU.C)     

 

Point Roberts WA, Delta BC, April 22, 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.

 

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https://www.investorideas.com/Audio/Podcasts/2021/042221-Mining.mp3

 

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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has received the formal Wicheeda Rare Earth Element (REE) Project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. Defense Metals CEO Craig Taylor commented:

 

"Since initiating its option to acquire 100% of the Wicheeda REE Project in late 2018 and subsequently collecting a 26-tonne bulk sample, Defense Metals has rapidly advanced Wicheeda from an attractive prospect to a compelling resource-stage project. Flotation and hydrometallurgical flowsheet development was completed in parallel with our highly successful 2019 diamond drill campaign that led to an upgraded and expanded mineral resource estimate. We are now excited to take the next step in demonstrating scale-up operability of the Wicheeda REE beneficiation process, leading to the production of a saleable NdPr (Neodymium) oxide product."

 

Rio Tinto Group (NYSE:RIO) has reported its first quarter production results. HIghlights include Pilbara iron ore shipments of 77.8 million tonnes, up 7 percent over Q1 2020, but production of 76.4 million tonnes, which was 2 percent lower than Q1 2020. The company’s CEO, Jakob Stausholm, said:

 

"We achieved an overall solid operating performance in the first quarter. We have maintained guidance ranges in all our products, with site teams successfully managing the effects of significant rainfall, in particular at our Australian iron ore assets.”

 

K9 Gold Corp. (TSXV:KNC) has received approval from the Newfoundland and Labrador Mineral Lands Division for a 20-hole, 5000 metre drill program on its Stony Lake project in central Newfoundland, Canada. According to the press release, the firm “is now preparing to mobilize its geological crew the first week of May to Grand Falls - Windsor to commence the summer program which is planned to include drilling, trenching, extensive soil sampling and mapping/prospecting.”

 

Provenance Gold Corp. (CSE:PAU) has executed a definitive share purchase agreement to acquire all of the outstanding share capital of Cariboo Gold Producers Inc., who controls the rights to the Mineral Hill silver property in Nevada. Rauno Perttu, Provenance's CEO, commented:

 

"We now have three excellent Nevada properties, and believe each has the potential to become a very significant new discovery. We are working swiftly to advance our properties, with Silver Bow having been initially drilled and awaiting assays, and initial drilling at White Rock planned to begin in May. We now need to get recognition of the Company and the high quality of our projects and are initiating that effort. This is a very exciting time for our company.”

 

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#RareEarth #Metals #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reports it Received #Hydrometallurgical Pilot Plant Proposal From SGS Canada Inc; @DefenseMetals

#RareEarth #Metals #Stock Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Reports it Received #Hydrometallurgical Pilot Plant Proposal From SGS Canada Inc; @DefenseMetals

 

Vancouver, British Columbia – April 21, 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 that it has received the formal Wicheeda Rare Earth Element (“REE”) Project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. (“SGS”).

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04211Rare-Earth-Metals-Hydrometallurgical-Pilot-Plant.asp

 

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which 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].

 

The Company’s highly successful 26-tonne flotation pilot plant campaign, also completed at the SGS Lakefield, ON metallurgical test facility, yielded approximately 1,200 kilograms of high grade REE mineral concentrate. Initiation of the hydrometallurgical pilot plant test program is the next step in establishing overall flowsheet operability at scale.

 

The test program will utilize representative flotation concentrate generated during the flotation pilot plant campaign and is expected to be completed in stages comprising initial gangue leach; caustic crack; primary acid leach; caustic re-crack; impurity removal; and REE precipitation. Parallel investigations into operability of acid and caustic regeneration; operability of gangue leach and caustic crack and primary acid leach circuits using recycled reagents; in addition to tailings neutralization studies will also be completed.

 

Once initiated, subject to the Company securing sufficient financing, completion of the various staged pilot campaigns is expected to take approximately 6 months. Key objectives of the planned hydrometallurgical pilot plant will be:

·        To provide proof of operability of the proposed hydrometallurgical flowsheet for treatment of flotation concentrate under representative processing conditions including recycled process streams;

·        To produce sufficient purified mixed rare earth hydroxide sample for downstream REE separation testing (leading to the production of a saleable NdPr oxide product);

·        To confirm final product purity;

·        To generate representative samples for solid-liquid separation testing, for use in the development of engineering cost estimates for key equipment.

 

As previously announced SGS (see Defense Metals News Release dated March 1, 2021) SGS is nearing completion pre-pilot infill hydrometallurgical testwork, initiated during late 2020, designed to assist in the finalization of the pilot plant flowsheet. The Company expects SGS to complete the remainder of pre-pilot testwork within 4-6 weeks time.

Craig Taylor, CEO of Defense Metals, stated: “Since initiating its option to acquire 100% of the Wicheeda REE Project in late 2018 and subsequently collecting a 26-tonne bulk sample, Defense Metals has rapidly advanced Wicheeda from an attractive prospect to compelling resource-stage project. Flotation and hydrometallurgical flowsheet development was completed in parallel with our highly successful 2019 diamond drill campaign that led to an upgraded and expanded mineral resource estimate. We are now excited to take the next step in demonstrating scale-up operability of the Wicheeda REE beneficiation process, leading to the production of a saleable NdPr oxide product.”

 

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 “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the pilot plant proposal from SGS, the completion of the pilot plant and the expected outcomes, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, expected demand for REE products, 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 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 forward‐looking statements or forward‐looking 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

 

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[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)

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Receives #Hydrometallurgical Pilot Plant Proposal from SGS Canada Inc.; @DefenseMetals

 

#Metals/ #GreenEnergy News -Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Receives #Hydrometallurgical Pilot Plant Proposal from SGS Canada Inc.; @DefenseMetals

 

Vancouver, British Columbia – April 20, 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 that it has received the formal Wicheeda Rare Earth Element (“REE”) Project continuous hydrometallurgical pilot plant proposal from SGS Canada Inc. (“SGS”).

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2021/mining/04201DEFN-Hydrometallurgical-Pilot-Plant.asp

 

Defense Metals is currently advancing the road accessible Wicheeda Critical Rare Earth Element (REE) Property, which 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].

 

The Company’s highly successful 26-tonne flotation pilot plant campaign, also completed at the SGS Lakefield, ON metallurgical test facility, yielded approximately 1,200 kilograms of high grade REE mineral concentrate. Initiation of the hydrometallurgical pilot plant test program is the next step in establishing overall flowsheet operability at scale.

 

The test program will utilize representative flotation concentrate generated during the flotation pilot plant campaign and is expected to be completed in stages comprising initial gangue leach; caustic crack; primary acid leach; caustic re-crack; impurity removal; and REE precipitation. Parallel investigations into operability of acid and caustic regeneration; operability of gangue leach and caustic crack and primary acid leach circuits using recycled reagents; in addition to tailings neutralization studies will also be completed.

 

Once initiated, subject to the Company securing sufficient financing, completion of the various staged pilot campaigns is expected to take approximately 6 months. Key objectives of the planned hydrometallurgical pilot plant will be:

·        To provide proof of operability of the proposed hydrometallurgical flowsheet for treatment of flotation concentrate under representative processing conditions including recycled process streams;

·        To produce sufficient purified mixed rare earth hydroxide sample for downstream REE separation testing (leading to the production of a saleable NdPr oxide product);

·        To confirm final product purity;

·        To generate representative samples for solid-liquid separation testing, for use in the development of engineering cost estimates for key equipment.

 

As previously announced SGS (see Defense Metals News Release dated March 1, 2021) SGS is nearing completion pre-pilot infill hydrometallurgical testwork, initiated during late 2020, designed to assist in the finalization of the pilot plant flowsheet. The Company expects SGS to complete the remainder of pre-pilot testwork within 4-6 weeks time.

Craig Taylor, CEO of Defense Metals, stated: “Since initiating its option to acquire 100% of the Wicheeda REE Project in late 2018 and subsequently collecting a 26-tonne bulk sample, Defense Metals has rapidly advanced Wicheeda from an attractive prospect to compelling resource-stage project. Flotation and hydrometallurgical flowsheet development was completed in parallel with our highly successful 2019 diamond drill campaign that led to an upgraded and expanded mineral resource estimate. We are now excited to take the next step in demonstrating scale-up operability of the Wicheeda REE beneficiation process, leading to the production of a saleable NdPr oxide product.”

 

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 “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to the pilot plant proposal from SGS, the completion of the pilot plant and the expected outcomes, plans for its Wicheeda Property, the advancement and development of the Wicheeda Property, expected demand for REE products, 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 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 forward‐looking statements or forward‐looking 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

 

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[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)

Exploring Mining Podcast - CEO of Aurcana Silver Corporation (TSXV: $AUN.V) (OTC: $AUNFF) Discusses Demand for Silver Driven by Environmental Technology Trends

Point Roberts, WA and Delta, BC - April 20, 2021 (Investorideas.com Newswire) Investorideas.com, a global investor news source covering mining and metals stocks releases today's edition of Exploring Mining Podcast, featuring an exclusive interview with the President, Chairman, and CEO  of Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF).

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2021/041921-Mining.mp3

Exploring Mining Podcast - CEO of Aurcana Silver (TSXV: $AUN.V) ( OTC: $AUNFF) Discusses Demand for Silver Driven by Environmental Technology Trends

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Aurcana Silver Corporation (TSXV:AUN) (OTC:AUNFF) is well-positioned to benefit from increased demand for silver brought on by trends toward environmental-driven technology, according to the company's President, Chairman, and CEO, Kevin Drover.

"I think this whole environmental focus of the world right now bodes very well for the mining industry overall, and certainly very well for the silver industry," he said.

"There are not many silver mines coming online, certainly not in the continental United States, right now or anywhere," he said. "We are one of the few that's coming online right now. I think from a consumption perspective, with the Paris Accords and especially with the U.S. getting back into that. The environmental requirements of photovoltaics, electric vehicles, and wind turbines - all of these consume silver. And just those three alone, which I mentioned, I believe are consuming about a half billion ounces of silver a year, and growing. That bodes very well from our perspective."

Aurcana owns both the Revenue-Virginius polymetallic mine in Ouray, Colorado - the company's flagship - and the Shafter silver project, in Presidio County, southwest Texas. Speaking of the former, Drover provided an update on its current status:

"We're feverishly working away on the underground development - that's the pre-production development that we need to get ourselves into production," he said. "That is going very well, we're seeing some very good advance rates, even better than recently than what we'd expected. Right now we're on target for that third quarter restart of the operation."

Drover outlined Revenue's historical capacity, and its potential for when it's fully operational.

"The average grade coming out of this mine, historically, has been over 60 ounces per tonne," he said. "Our proven and probable reserve grade is right at 37 ounces per tonne. So, it's very high grade, one of the highest grade mines in the world. We're starting up at about 270 tonnes per day. Our mill capacity is closer to 500-600 tonnes per day, so we've got room to organically grow the production relatively quickly."

"We're anticipating that, based on today's silver prices, that our first full year of operation we would be - in terms of cash flow - right around $50 million coming off this property," he said.

Drover delineated the state of the Shafter project in Texas, and projected what the company can anticipate, in terms of production, once both mines are fully operational.

"It's fully permitted, it's pure silver, we have a new pristine resource there," he said. "We are looking at and evaluating doing a drill program in the near future. The idea being, is that we want to do a little bit of exploration and firm up the resource there, and get some samples for metallurgical study. We would anticipate later this year starting a feasibility study with an eye to putting that facility into production within the next 18 to 24 months"

"We're looking at, in the next two to three years - by the time we grow organically here at the Revenue Virginius mine up towards 6-6.5 million ounces, and then bring on the Shafter mine, another 2-2.5 million ounces. So, we're looking at an 8-9 million ounce range in the next three years and becoming a mid tier producer in the silver space."

ABOUT AURCANA SILVER CORPORATION http://www.aurcana.com/

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

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