JV Article: “Wicheeda is as close in character to the Mountain Pass deposit as one can hope. In my opinion, Wicheeda has the best chance to be the next significant rare-earth producer,” William Bird, director and advisor to DefenseMetals $DEFN.V BC ree
Defense Metals Corp. is advancing its British Columbia 100% owned Wicheeda rare-earth deposit toward development.
The value of this resource is enhanced by its location— 80 kilometres northeast of Prince George and positioned along a major forestry service road that connects to a paved highway. A hydroelectric power line, gas pipeline and a Canadian National Railway line are also nearby. Defense Metals has consulted with Indigenous Peoples, on whose traditional lands the Wicheeda Project is located. The principal group is the McLeod Lake Band, with which the company has signed an agreement to ensure mutual benefit from the exploration and development of the project.
“Bastnaesite and monazite are the only two rare-earth minerals that have ever been successfully profitably exploited as sources for commercial production of rare earths,” Bird said. “From about 70 years ago, when the Mountain Pass, California, rare-earth deposit was put into production, bastnaesite, with minor amounts of its fluorocarbonate siblings, parasite and synchysite, has been the world’s major source of rare-earth elements,” he noted.
“If you’re exploring for an economically viable rare-earth deposit, model your search using the very successful Mountain Pass deposit. Find a carbonatite intrusive, look for coarse-grained bastnaesite and monazite. Check out the logistics and environmental and social issues to make sure they will support efficient production,” he said.
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