Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Expands Mineral Resource Estimate to 4 million tonne Measured Mineral Resource, averaging 2.86% Total #RareEarth Oxide; @defensemetals

 

Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Expands Mineral Resource Estimate to 4 million tonne Measured Mineral Resource, averaging 2.86% Total #RareEarth Oxide; @defensemetals

 

Vancouver, British Columbia – September 13, 2023: Investorideas.com Newswire, -Mining/Metals/ Green Energy Stock news-  Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce an updated Mineral Resource Estimate (the 2023 MRE) for the development of its Wicheeda Rare Earth Element (REE) deposit located in British Columbia, Canada.

 

Read this news featuring DEFN in full and see images at https://www.investorideas.com/news/2023/mining/09131DEFN-Expands-Mineral-Resource.asp

 

Highlights of the 2023 Wicheeda REE Deposit Mineral Resource Estimate

·        The 2023 MRE comprises a:

·         6.4 million tonne Measured Mineral Resource, averaging 2.86% Total Rare Earth Oxide (TREO[1]);

·        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,

all reported at a cut-off grade of 0.5% TREO within a conceptual open pit shell;

·        Total Measured and Indicated (M+I) Mineral Resources of 34.2 million tonnes, averaging 2.02% TREO, is a significant upgrade representing a conversion of 101% of the 2021 MRE comprising some indicated and mostly inferred resources (see Defense Metals’ news release of November 24, 2021) to M+I on a contained metal basis;

·        Measured and Indicated resources are inclusive of 17.8 million tonnes of dolomite carbonatite, averaging 2.92% TREO;

·        The 2023 MRE represents a 17% increase in TREO on a contained metal basis, or 31% tonnage increase, in comparison to the prior 2021 MRE.

·        The 2023 MRE is based on an updated geological model that incorporates an additional 10,350 metres of drillhole data, from 45 holes drilled by Defense Metals during 2021 and 2022.

 

Craig Taylor, CEO of Defense Metals, stated, “Defense Metals is excited to release our updated mineral resource estimate for the Wicheeda Deposit, one of North Americas most advanced Rare Earth development projects. With over 10,000 metres of additional drilling completed since our 2021 mineral resource we have now converted 100% of the that resource to the measured and indicated categories, in addition to growing the overall resource by 17%. Importantly, we believe the upgrading of resources now demonstrates that we have established the tonnage and grades necessary to carry forward into our ongoing preliminary feasibility study.”

 

The effective date of the 2023 MRE is August 28, 2023, and a technical report relating to the PEA will be filed on SEDAR within 45 days of this news release. The 2023 MRE was prepared by APEX Geoscience Ltd. (APEX).

 

2023 Mineral Resource

The Wicheeda REE deposit is a southeast-trending, north to northeast dipping syenite-carbonatite intrusive complex having dimensions of approximately 450 m north-south by 250 m east-west which intrudes a mixed sedimentary host rock package (limestone). Relatively high REE grade dolomite-carbonatite rocks, which outcrop at surface, and form the main body of REE mineralization are surrounded by an envelope of intermediate REE grade hybrid xenolithic-carbonatite rocks that intrude lower REE grade syenite.

The 2023 MRE comprises a 6.4 million tonne Measured Mineral Resource, averaging 2.86% TREO CeO₂, La₂O₃, Nd₂O₃, Pr₆O₁₁, Sm2O3, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃ and Ho₂O₃); 27.8 million tonne Indicated Mineral Indicated Resource, averaging 1.84% TREO; and 11.1 million tonne Inferred Mineral Resource, averaging 1.02% TREO, reported at a cut-off grade of 0.5% TREO within a conceptual Pseudoflow algorithm open pit shell; see Table 1 and

 

Figure 1.

The 2023 MRE is based on an updated geological model incorporating an additional 10,350 metres of drilling within 45 holes drilled by Defense Metals during 2021 and 2022.

 

Table 1: Wicheeda Mineral Resource (effective date August 28, 2023)

Category	Tonnes	TREO	TREO	CeO2	La2O3	Pr6O11	Nd2O3	Sm2O3	Gd2O3	Eu2O3	Dy2O3	Tb4O7	Ho2O3
	(Million)	(%)	(kt)	(%)	(%)	(%)	(%)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)
Measured	6.4	2.86	183	1.39	1.00	0.11	0.31	312	139	63	35	12	4
Indicated	27.8	1.84	516	0.89	0.62	0.07	0.21	232	111	50	32	10	4
M&I	34.2	2.02	699	0.98	0.69	0.08	0.23	247	116	52	32	10	4
Inferred	11.1	1.02	113	0.50	0.31	0.04	0.13	166	91	38	35	9	5

 

Notes for Resource Table:

 

·        The 2023 MRE is classified according to the CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” dated November 29^th, 2019 and CIM “Definition Standards for Mineral Resources and Mineral Reserves” dated May 10^th, 2014.

·        The 2023 MRE was prepared by Warren Black, M.Sc., P.Geo. and Tyler Acorn, M.Sc., of APEX Geoscience Ltd under the supervision of the QP, Michael Dufresne, M.Sc., P.Geo. in accordance with CIM Definition Standards.

·        Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.  There has been insufficient exploration to allow for the classification of the indicated and inferred resources tabulated as a measured mineral resource; however, it is reasonably expected that the majority of the indicated and inferred mineral resources could be upgraded to measured or indicated mineral resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted to a mineral reserve in the future.

·        All figures are rounded to reflect the relative accuracy of the estimates. Totals may not sum due to rounding.

·        Median rock densities are supported by 8,075 measurements applied: 2.95 g/cm3 (mineralized dolomite-carbonatite), 2.90 g/cm3 (unmineralized dolomite-carbonatite), 2.85 g/cm3 (mineralized xenolithic-carbonatite), 2.76 g/cm3 (unmineralized xenolithic-carbonatite), 2.73 g/cm3 (syenite), and 2.76 g/cm3 (limestone).

·        The reasonable prospect for eventual economic extraction is met by reporting the Mineral Resources at a cut-off grade of 0.50% TREO (total rare earth oxide, sum of 10 oxides: CeO₂, La₂O₃, Nd₂O₃, Pr₆O₁₁, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃ and Ho₂O₃), contained within an optimized open pit shell.

·        The cut-off grade is calculated, and the open pit shell is optimized based on the assumption that the hydrometallurgical processing can produce mixed REE carbonate precipitates. The parameters utilized, as in the 2021 MRE, include the following considerations:

 

•                   TREO price: $18.66/kg

•                   Exchange rate of 1.30 C$:US$

•                   Precipitate production grades of 81.09% of TREO

•                   Processing costs include $21.47/t of mill feed for flotation plus a variable cost for hydrometallurgical plant that varies based on the feed grade. The average cost of hydrometallurgical plant is assumed to be $1,204/t of concentrate. 

•                   Mining cost of C$2.00/t for mill feed and waste

•                   G&A Costs of C$3.33/t for mill feed.

•                   The overall process recoveries: For TREO>=2.3%, recovery is 69.6%; between 2.3% and 1.5% TREO, recovery is 65.3%; and less than 1.5% TREO, recovery is 52.2%. These assume variable flotation recoveries and a constant 87% hydrometallurgical recovery.

•                   Overall pit slope angles vary by zone between 40 and 48 degrees.

 

Figure 1: Cross Section of the Wicheeda RE Deposits 2023 MRE

 

The 2023 MRE for the Wicheeda REE Deposit includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. 

 

Mineral Resource Estimate Methodology

1.    The drillhole database comprised of drilling that intersected the estimation domains consists of 14 exploration diamond drillholes (totalling 2,107 meters) completed in 2008 and 2009 by Spectrum Mining and 58 exploration core drillholes during 2019, 2021 and 2022 by Defense Metals (totalling 12,073 metres), providing a total of 4,903 drill core samples analyzed for REE by multi-element fusion ICP-MS.

2.    The 3D geological modeling integrates assay and geological data collected from diamond core drilling; surface geologic mapping; soil geochemical; and airborne magnetic and radiometric geophysical surveys.

3.    Ordinary kriging is employed to estimate metal concentrations using a three-step pass search strategy guided by domain-specific variography. The estimates utilize capped composites with a 3-meter length.

4.    Measured Resources are categorized within a search ellipse of 35 m by 30 m by 15 m with a minimum of 3 drillholes. Indicated Resources are categorized within a search ellipse of 90 m by 60 m by 30 m with a minimum of 3 drillholes. Inferred Resources are categorized within a search ellipse of 120 m by 120 m by 30 m with a minimum of 2 drillholes.

Table 2: Mineral Resource cut-off sensitivity

Category	Cut-off	Tonnes1	TREO2	TREO	CeO2	La2O3	Pr6O11	Nd2O3	Sm2O3	Gd2O3	Eu2O3	Dy2O3	Tb4O7	Ho2O3
	TREO (%)2	(Million)	(%)	(kt)	(%)	(%)	(%)	(%)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)
Measured	0.25	6.7	2.74	184	1.33	0.96	0.11	0.29	301	136	61	36	12	4
	0.5	6.4	2.86	183	1.39	1.00	0.11	0.31	312	139	63	35	12	4
	0.75	6.3	2.90	182	1.41	1.01	0.11	0.31	315	140	64	35	12	4
	1	6.2	2.93	182	1.42	1.02	0.11	0.31	318	141	64	35	12	4
	1.5	5.9	3.01	178	1.46	1.05	0.12	0.32	324	143	65	35	12	4
	2	5.2	3.18	165	1.54	1.12	0.12	0.34	338	148	68	37	12	4
	2.5	4.1	3.43	140	1.66	1.21	0.13	0.36	358	157	72	38	13	4
Indicated	0.25	36.1	1.49	546	0.72	0.50	0.06	0.17	197	98	43	31	9	4
	0.5	27.8	1.84	516	0.89	0.62	0.07	0.21	232	111	50	32	10	4
	0.75	23.0	2.10	487	1.02	0.71	0.08	0.24	257	120	54	32	10	4
	1	19.5	2.33	456	1.13	0.79	0.09	0.26	277	128	58	33	11	4
	1.5	13.9	2.78	387	1.35	0.96	0.11	0.30	312	141	64	34	12	4
	2	10.3	3.15	324	1.53	1.10	0.12	0.34	339	151	69	36	12	4
	2.5	7.6	3.46	264	1.68	1.21	0.14	0.37	363	161	74	38	13	4
Inferred	0.25	21.8	0.70	153	0.34	0.21	0.03	0.09	126	75	30	34	8	5
	0.5	11.1	1.02	113	0.50	0.31	0.04	0.13	166	91	38	35	9	5
	0.75	5.9	1.39	81	0.68	0.44	0.06	0.17	206	103	45	33	9	4
	1	3.6	1.72	62	0.85	0.55	0.07	0.21	240	116	51	35	10	4
	1.5	1.7	2.26	39	1.12	0.74	0.09	0.26	289	136	60	37	11	4
	2	1.0	2.62	27	1.29	0.87	0.11	0.29	317	148	65	41	12	5
	2.5	0.5	3.03	14	1.49	1.02	0.12	0.33	335	156	69	44	13	5

^Notes

1.     ¹ Tonnes constrained within an open pit shell.

2.     ² TREO % sum of CeO₂, La₂O₃, Nd₂O₃, Pr₆O₁₁, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃ and Ho₂O₃.

3.     Grades are reported as in-situ grades.

 

Table 2 above illustrates the sensitivity of the 2023 MRE to different cut-off grades for a potential open-pit operation scenario with reasonable outlook for economic extraction. The reader is cautioned that the figures provided in these tables should not be interpreted as a statement of mineral resources. Quantities and estimated grades for different cut-off grades are presented for the sole purpose of demonstrating the sensitivity of the resource model to cut-off grade.

 

Table 3: Wicheeda Mineral Resource by Lithology (cut-off grade of 0.5% TREO)

Lithology	Category	Tonnes	TREO	TREO	CeO2	La2O3	Pr6O11	Nd2O3	Sm2O3	Gd2O3	Eu2O3	Dy2O3	Tb4O7	Ho2O3
		(Million)	(%)	(kt)	(%)	(%)	(%)	(%)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)	(ppm)
Dolomite Carbonatite	Measured	5.9	2.98	177	1.44	1.04	0.12	0.32	320	142	65	35	12	4
	Indicated	11.8	2.88	342	1.40	1.01	0.11	0.31	315	141	64	34	12	4
	M&I	17.8	2.92	519	1.41	1.02	0.11	0.31	316	141	64	34	12	4
	Inferred	0.6	2.66	15	1.30	0.91	0.11	0.29	281	134	60	37	11	4
Xenolithic-Dolomite Carbonatite	Measured	0.3	1.43	5	0.69	0.46	0.06	0.17	209	107	47	35	10	5
	Indicated	11.6	1.22	142	0.59	0.38	0.05	0.15	188	95	42	30	9	4
	M&I	12.0	1.22	147	0.60	0.39	0.05	0.15	189	95	42	30	9	4
	Inferred	4.0	1.28	51	0.63	0.40	0.05	0.16	198	98	43	32	9	4
Syenite	Measured	0.1	0.81	1	0.39	0.26	0.03	0.10	138	84	34	32	9	5
	Indicated	4.1	0.74	31	0.36	0.22	0.03	0.10	132	73	31	28	7	4
	M&I	4.2	0.74	31	0.36	0.22	0.03	0.10	132	73	31	28	7	4
	Inferred	5.8	0.73	42	0.36	0.21	0.03	0.10	136	78	33	33	8	5
Limestone	Measured	0.0	1.05	0	0.49	0.34	0.05	0.13	178	120	43	63	14	10
	Indicated	0.2	0.81	1	0.38	0.25	0.03	0.11	156	117	41	62	14	10
	M&I	0.2	0.83	2	0.39	0.26	0.03	0.11	157	117	41	63	14	10
	Inferred	0.7	0.73	5	0.34	0.22	0.03	0.09	143	111	39	70	14	11

 

Table 3 above illustrates the 2023 MRE by lithology which illustrates the relatively high REE grade nature of the dominant dolomite carbonatite unit, intermediate grade xenolithic dolomite carbonate rocks and lower grade syenite and limestone lithologies peripheral to the main body of the Wicheeda REE Deposit.

 

Qualified Persons

The scientific and technical information contained in this news release as it relates to the Wicheeda REE Project 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 NI 43-101. Mr. Raffle verified the data disclosed which includes a review of the analytical and test data underlying the information and opinions contained therein. 

 

About the Wicheeda REE Property

Defense Metals 100% owned, 6,759-hectare (~16,702-acre) Wicheeda Project is located approximately 80 km northeast of the city of Prince George, British Columbia, Canada; population 77,000. The Wicheeda Project is readily accessible by all-weather gravel roads and is near infrastructure, including hydropower transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the deep-water port facilities at Prince Rupert, the closest major North American port to Asia.

 

About Defense Metals Corp.

Defense Metals Corp. is a mineral exploration and development company focused on the development of its 100% owned Wicheeda Rare Earth Element Deposit 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”.

 

Defense Metals is a proud member of Discovery Group. For more information please visit:

http://www.discoverygroup.ca/

 

National Instrument 43-101 Technical Report

A technical report for the Wicheeda Project will be prepared in accordance with National Instrument 43-101 and will be filed on SEDAR at www.sedarplus.ca and on the Defense Metals’ website within 45 days of this news release. Readers are encouraged to read the technical report in its entirety, including all qualifications, assumptions and exclusions that relate to the details summarized in this news release. The technical report is intended to be read as a whole, and sections should not be read or relied upon out of context.

 

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 completion of the PFS and the expected timelines, the completion of the environmental tests on flotation and hydrometallurgical and the expected timelines, advancing the Wicheeda REE Project, 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 anticipated costs and expenditures, 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 the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks 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 and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical and engineering assumptions, 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, an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to, the effects of COVID-19 on the price of commodities, capital market conditions, restriction on labour and international travel and supply chains, loss of key employees, consultants, or directors, increase in costs, delayed results, 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.

 

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[1] TREO % is the sum of CeO₂, La₂O₃, Nd₂O₃, Pr₆O₁₁, Sm₂O₃, Eu₂O₃, Gd₂O₃, Tb₄O₇, Dy₂O₃ and Ho₂O₃ %.

#Mining #Stock News: Getchell Gold Corp. (CSE: $GTCH.C) (OTCQB: $GGLDF) Begins Trading on the #FrankfurtExchange Under Symbol GGA; @getchell_gold

#Mining #Stock News: Getchell Gold Corp. (CSE: $GTCH.C) (OTCQB: $GGLDF) Begins Trading on the #FrankfurtExchange Under Symbol GGA; @getchell_gold

 

VANCOUVER, BC - September 13, 2023 (Investorideas.com Newswire) Getchell Gold Corp. (CSE: GTCH) (OTCQB: GGLDF) ("Getchell" or the "Company") is pleased to announce that the Company's common shares now trade on the Frankfurt Stock Exchange ("FWB") under the symbol "GGA1".

 

Read this news, featuring Gechell in full at https://www.investorideas.com/CO/GTCH/news/2023/09131Frankfurt-Exchange-GGA1.asp

 

"We expect the Frankfurt listing will assist in increasing trading liquidity and also facilitate potential investment in the Company by institutional and retail investors across Europe." Bill Wagener, Chairman and CEO, commented. "The listing on the Frankfurt Stock Exchange, with its knowledgeable investor base traditionally very active in the junior gold mining sector, will complement our listings on the Canadian CSE and United States OTCQB and heighten the Company's exposure across these major marketplaces."

 

Following three consecutive successful drilling programs, the Company has effectively doubled the size of the historic resource, firmly placing Fondaway Canyon amongst the foremost developing projects in a world class mining jurisdiction. The Company recently released its first Mineral Resource Estimate ("MRE") at Fondaway Canyon (Company news release dated February 1, 2023 - see release here):

 

• Gold mineralization is at and near surface supporting an Open Pit mine model;
• Inferred Mineral Resource of 38.3 million tonnes at an average grade of 1.23 g/t Au for
  1,509,100 ounces of gold;
• Indicated Mineral Resource of 11.0 million tonnes at an average grade of 1.56 g/t Au for an additional 550,800 ounces of gold;
• Strong gold mineralization in the most peripheral drill holes leaves the mineral resources open in most directions for further expansion and indicates a substantially larger body of mineralization than delineated to date (Company news release dated August 9, 2023- see release here); and
• Fully permitted drill program designed to expand the mineral resources and upgrade Inferred resources to Indicated.

 

A video detailing the Fondaway Canyon gold project, and its upside potential can be accessed by the following link.

https://www.youtube.com/watch?v=8Sz_ozKQU-A

 

Getchell Gold Corp. is perfectly positioned to continue expanding the Mineral Resource and advancing towards a Preliminary Economic Assessment.

 

Scott Frostad, P.Geo., is the Qualified Person (as defined in NI 43-101) who reviewed and approved the content and scientific and technical information in the news release.

 

Notes on the Mineral Resource Estimate:

1. Mineral Resources are not Mineral Reserves and have not demonstrated economic viability. There has been insufficient exploration to define the Inferred Resource as Indicated or Measured Mineral Resources, however, it is reasonable to expect that the majority of the Inferred Mineral Resource could be upgraded to Indicated Mineral Resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this report were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") standards on mineral resources and reserves, definitions, and guidelines prepared by the CIM standing committee on reserve definitions and adopted by the CIM council (CIM 2014 and 2019).
2. The effective date of the Mineral Resource Estimate is December 12, 2022, and a technical report on the Fondaway Canyon project titled "Technical Report Mineral Resource Estimate Fondaway Canyon Project, Nevada, USA" was filed by the Company on SEDAR on February 1, 2023.
3. The independent and qualified person for the MRE, as defined by NI 43-101, is Michael Dufresne, P.Geo., from APEX Geoscience Ltd.

 

About Getchell Gold Corp.

The Company is a Nevada focused gold and copper exploration company trading on the CSE: GTCH, OTCQB: GGLDF, and FWB: GGA1. Getchell Gold is primarily directing its efforts on its most advanced stage asset, Fondaway Canyon, a past gold producer with a large mineral resource estimate. Complementing Getchell's asset portfolio is Dixie Comstock, a past gold producer with a historic resource and two earlier stage exploration projects, Star (Cu-Au-Ag) and Hot Springs Peak (Au). Getchell has the option to acquire 100% of the Fondaway Canyon and Dixie Comstock properties, Churchill County, Nevada.

 

For further information please visit the Company's website at www.getchellgold.com or contact the Company at info@getchellgold.com.

 

Mr. William Wagener, Chairman & CEO

 

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

 

Certain information contained herein constitutes "forward-looking information" under Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the extension of the Warrants. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "will" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Although management of Getchell have attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

SOURCE Getchell Gold Corp.

 

Getchell Gold (CSE:GTCH.CN;OTCQB:GGLDF) is a featured mining stock on Investorideas.com

 

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#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $GOLD) (TSX: $TLO.TO) (CSE: $COSA.C)

 

#ExploringMining #Podcast - News from #Mining #Stocks (TSXV: $DEFN.V) (OTCQB: $DFMTF) (NYSE: $GOLD) (TSX: $TLO.TO) (CSE: $COSA.C)

 

September 12, 2023 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:

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Defense Metals Corp. (TSXV:DEFN) (OTCQB:DFMTF) has announced an updated Mineral Resource Estimate (the 2023 MRE) for the development of its Wicheeda Rare Earth Element (REE) deposit in British Columbia, Canada. Highlights include a 4 million tonne Measured Mineral Resource, averaging 2.86 percent Total Rare Earth Oxide (TREO), a 27.8 million tonne Indicated Mineral Resource, averaging 1.84 percent TREO, and an 11.1 million tonne Inferred Mineral Resource, averaging 1.02 percent TREO. The company’s CEO, Craig Taylor, commented:

 

"Defense Metals is excited to release our updated mineral resource estimate for the Wicheeda Deposit, one of North America's most advanced Rare Earth development projects. With over 10,000 metres of additional drilling completed since our 2021 mineral resource we have now converted 100% of that resource to the measured and indicated categories, in addition to growing the overall resource by 17%. Importantly, we believe the upgrading of resources now demonstrates that we have established the tonnage and grades necessary to carry forward into our ongoing preliminary feasibility study."

 

Barrick Gold Corporation (NYSE:GOLD) has announced plans to double its copper production by the end of the decade and continue to increase it to an estimated 1 billion pounds or 450,000 tonnes of copper per annum by 2031. This is according to the company’s President and CEO, Mark Bristow, speaking to investors on an update call. Bristow also indicated Barrick’s sector-leading gold portfolio, which “was expected to increase the group’s attributable production by some 30% to 6.8 million gold-equivalent ounces by 2031.”

 

Talon Metals Corp. (TSX:TLO), through its wholly owned subsidiary Talon Nickel (USA) LLC, has entered into a definitive agreement with the US Department of Defense's Office of Manufacturing Capability Expansion and Investment Prioritization. This, with $20.6 million USD in funding from the DoD, will see the acceleration and expansion of Talon's “efforts to discover and secure additional domestic supply of nickel for the growing US battery manufacturing base and defense related supply chains.” Henri van Rooyen, CEO of Talon, said:

 

"This funding makes clear that domestic supply of nickel is a national security priority. Congress and the Biden Administration have created powerful new tools to build-up domestic supply of critical minerals required for clean energy systems and national defense. With this funding, Talon will be able to accelerate our efforts to discover domestic sources of battery grade nickel and help ensure that the United States is not dependent on Russia, China or Chinese companies operating in countries like Indonesia for nickel that is needed in both defense platforms and clean energy systems."

 

Cosa Resources Corp. (CSE:COSA) has announced the expansion of its Ursa Project and the acquisition of the 100 percent-owned Polaris and Eclipse uranium exploration properties in the Athabasca Basin region of Saskatchewan, Canada. Specifically, this means that Ursa has expanded to 60,599 hectares with two new claims totalling 3530 hectares, the Polaris property covers 3290 hectares and 9 kilometres of prospective magnetic low zones, and the Eclipse property covers 1622 hectares.

 

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About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water.

Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

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

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Investor Ideas Defies Inflation and Announces #ArticlePublishing #SpecialOffer for September

 

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September 12, 2023 – (Investorideas.com Newswire) Investorideas.com, a leading global news source and expert investing resource, announces a special limited time to help small businesses build their brand and fight inflation with its promotion for publishing articles.

 

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About Investorideas.com - Big Investing Ideas

Investorideas.com is a platform for investing ideas. We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

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