Defense Metals Corp.

Listed on TSX Venture Exchange (TSXV)

Developer of the Wicheeda rare earth element project in British Columbia, Canada.

Company site

Market Cap$33.83M

Enterprise Value$24.65M

Cash$9.19M

Debt$8.97K

Listed OnTSX Venture Exchange (TSXV)

Shares Outstanding395.15M

Reporting DateJul 31, 2026

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Latest Coverage

Sep 7, 2026

Wicheeda’s 2026 Infill Drilling Targets Reserve Conversion Before Feasibility

Defense Metals’ latest Wicheeda holes sit inside the PFS pit and could improve resource confidence ahead of feasibility. The larger bankability hurdles remain reserve conversion, continuous pilot metallurgy, permitting and financing a roughly US$1.4 billion build.