Defense Metals – Wicheea Resource Update, Advancing The Pre-Feasibility Study, New Exploration Targets
Today Defense Metals (TSX.V:DEFN – OTCQB:DFMTF) released an updated Resource Estimate on the Wicheeda Project, in BC. The Company successfully upgraded the resource into Measured and Indicated to be used for the Pre-Feasibility Study (FPS) that is estimated to be released next year.
Craig Taylor, President and Director and Kris Raffle, Director of Defense Metals join me to recap the updated Resource Estimate and explain how it will feed into the PFS. I ask about any changes to the high grade portion of the resource, what work still needs to be completed for the PFS as well as get an update on new exploration targets that were announced on the September 5th news release. We also recap the two phases of pilot plant test work and what interest that has drawn from potential larger mining companies that could enter as partners to develop the Project.
If you have any follow up questions for the team at Defense Metals please email me at Fleck@kereport.com.