#Canada #Defense Metals #Wicheeda Project #Prince George #TREO

Significant Drill Results from Wicheeda Rare Earth Project

Defense Metals Corp., a prominent player in rare earth element development, recently announced positive assay results from the Wicheeda Rare Earth Project located near Prince George, Canada. This project, wholly owned by Defense Metals, continues to gain attention with its increasing potential for high-grade rare earth element (REE) resources.

Detailed Overview of the Drill Program

The company’s latest press release highlighted the successful completion of a drill program that comprised 10 core drill holes, totaling 1,702 meters, during the spring of 2026. Robin Jones, VP of Projects at Defense Metals, expressed enthusiasm about the results, noting that all 10 drill holes intersected significant widths of mineralization within the defined limits of the project as per the 2025 Preliminary Feasibility Study (PFS).

This resource upgrade drilling aimed to enhance a substantial amount of inferred resources to an indicated or better category. The promising results are expected to contribute positively to the overall resource classification of the site.

Key Highlights from the 2026 Drill Campaign

Among the significant discoveries from the 19 inferred resource upgrade drill holes, it was reported that the average assays achieved were 87% of the predicted inferred block model grades. Notably, drill hole WI26-104 returned the highest grade within the campaign, boasting assays 34% above the predicted values. Furthermore, in the western pit wall area, six out of seven drill holes yielded assays that exceeded expectations, suggesting potential for further resource upgrades and expansion, prompting the company to consider additional drilling in this area.

Specific Assay Results:

• - WI26-102: Returned 3.25% TREO over 34.3 meters, part of a broader interval sampling 2.26% TREO over 91.4 meters.
• - WI26-104: Achieved an exceptional result with 2.33% TREO over 153.2 meters.
• - WI26-109 and WI26-111: Returned 1.51% TREO over 66.8 meters and 1.89% TREO over 122.55 meters, respectively.

The drill campaign’s success not only reinforces the accuracy of Defense Metals' geological and block models but also propels the Wicheeda Project closer to realizing its economic potential.

Future Outlook

Defense Metals is poised to update its geological models to reflect these groundbreaking results, which may alter the mineral resource estimate of the Wicheeda Project. The firm is committed to advancing through the feasibility stage, as illustrated by their ongoing efforts in resource estimation and preparation for eventual production.

As one of the most promising undeveloped REE deposits within North America and Europe, Wicheeda stands out for its comprehensive mineral resource and robust economic potential, as highlighted in the company's forthcoming updates.

Conclusion

With the major economic implications of rare earth elements in today’s advanced technological environment, Defense Metals Corp. is strategically positioning itself as a vital supplier in the global market. The Wicheeda Rare Earth Project’s promising drill results mark a significant step for Defense Metals, potentially transforming it into a leader in the critical metals sector. For anyone invested or interested in the mining and rare earth sector, these developments certainly warrant close attention.

For further information, updates, and to keep track of Defense Metals' progress, visit www.defensemetals.com.