When it comes to rare earths, as far as the Canadian capital markets go, there has been a lot of “flash in the pans” – aka quick pump and dumps – that have worked to extract investor capital to fund many a lifestyle.

But before the space got all hot and bothered, there was a name that was quietly slugging away at developing their project for over half a decade. That project now has a rather enticing pre feasibility study at a time when rare earths have been named as a mineral critical to national security.

We of course are referring to Defense Metals (TSXV: DEFN), a venture-listed issuer that this week put out a pre feasibility study on its flagship Wicheeda project, which is found near Prince George, BC.

Lets dive in.

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