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Wicheeda North - BC

Rare Earth Elements Prospect

Wicheeda North - Highlights

  • Contiguous to Defense Metals Corp.
  • Immediately northwest of the Wicheeda Property, which hosts the Wicheeda Carbonatite, currently being explored by Defense Metals Corp.
  • Defense Metals Corp. hosts the Wicheeda Rare Earth Element Deposit, which contains an estimated 29.2 million tonnes (Mt) of Measured and Indicated resources grading an average of 2.27% Total Rare Earth Oxide (TREO), along with an additional 5.5 Mt of Inferred resources averaging 1.42% TREO.
  • Seven occurrences of nickel-copper-cobalt and one of titanium-vanadium-chromium, discovered between 1997 to 2001 by previous operators.
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The Wicheeda North Property

  • The Wicheeda North Property, the main property of interest, consists of six mineral claims, which encompass 2135.6 ha, immediately northwest of the Wicheeda Property, which hosts the Wicheeda Carbonatite, currently being explored by Defense Metals Corp.  This brings the company’s total land holdings within the WRMB to just over 4,423.8 ha across a total of 18 claims.
  • The Wicheeda Carbonatite Deposit, held by Defense Metals Corp., hosts a Measured and Indicated resource of approximately 29.2 million tonnes (Mt) averaging 2.27% Total Rare Earth Oxide (TREO), along with an Inferred resource of about 5.5 Mt at an average of 1.42% TREO—the figures derived from the NI 43-101 Pre-Feasibility Study effective February 7, 2025. Management cautions that results or discoveries on proximal properties (e.g., the Wicheeda Carbonatite Deposit) may not be indicative of mineralization on other holdings, such as Wicheeda North.

Management cautions that past results or discoveries on proximal properties (i.e. the Defense Metals REE Project Deposit) may not necessarily be indicative to the presence of mineralization on the Company’s properties.

  • The property was originally acquired to cover a distinct, oval, aeromagnetic feature.  The magnetic feature is flanked by two areas of above-background magnetics, indicating a complex magnetic environment, similar to that observed at Wicheeda.

Location

The properties are located within an approximately 40 km long belt of carbonatite and related rocks,  including the Wicheeda Carbonatite – Rare Earth Element (REE) Project at the northwest end and the Cap Carbonatite – Rare Metal (RM) Project near the southeast end.  The Wicheeda Rare Metal Belt (WRMB) covers a multitude of REE and RM bearing carbonatites and syenites that form as either elongate to elliptical or sub-circular bodies intruding Proterozoic and/or Paleozoic sedimentary rocks. No carbonatite occurrences have been documented on the Company’s properties to date; however, the geology is considered favourable to host such mineralization styles associated with carbonatites.

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Wicheeda North Property News