Defense Metals Corp. (TSXV: DEFN | OTCQB: DFMTF | FSE: 35D) has joined Vancouver-based Discovery Group and appointed Dale Wallster to its board of directors.
Dale is a prospector and geologist with over 40 years’ experience in North American mineral deposit exploration. Former president and founder of Roughrider Uranium Corp. (acquired by Hathor Exploration Limited in 2006), Dale and his team are widely credited for the discovery of Hathor’s Roughrider deposit, which Rio Tinto plc acquired for C$650M in 2012.
“We are pleased to welcome Dale Wallster to the board. He brings a wealth of mineral exploration and capital markets experience to Defense Metals, and we look forward to working with him as we continue to advance the Wicheeda Rare Earth Elements project,” commented Defense Metals CEO, Craig Taylor.
“The company is also pleased to have joined Discovery Group, an alliance of public companies focused on the advancement of mineral exploration and mining projects with a proven track record of generating shareholder value. We look forward to a close working relationship with the team at Discovery Group.”
Discovery Group is an alliance of public companies focused on the advancement of mineral exploration and mining projects, with the most recent success being the sale of Great Bear Resources Ltd. to Kinross Gold Corporation for C$1.8B.
John Robins, co-founder and principal of Discovery Group commented: “We are excited to welcome Defense Metals into Discovery Group. In my opinion, Defense represents a world-class opportunity in the rare earth / critical metals space. Viewed as being one of the highest-grade deposits globally, and led by a strong management and technical team, Defense has all the attributes we look for in a Discovery Group company. The addition of Defense to our roster of companies, will round out the Discovery Group portfolio and will elevate the exposure of all our member companies, as we continue to educate and inform shareholders about market opportunities that exist with high quality junior mining explorers.”
For further information please visit: www.defensemetals.com
