• Nearby existing infrastructure
• Extensive work completed
  • Soil geochemistry
  • Prospecting
  • Stream/silt sampling
  • Gravity survey
  • Access road construction
• Favourable regional belt for REEs and base metals

Summary

The Rare One Project covers a total area of 3,186 hectares and is located within the highly prospective Rocky Mountain Rare Earth Belt hosted in the Alkaline Province in British Columbia including the Wicheeda Deposit owned by Defense Metals (TSXV: DEFN) with mineral resources contain 29.2 Mt of Measured and Indicated resource at an average grade of 2.27% TREO (total rare earth oxide) and 5.5 Mt of Inferred resource at an average grade of 1.42% TREO 1 . The Alkaline Province stretches over 1,000 km in distance along the western flank of the Ancestral North America which has many projects hosting rare earth elements (“REEs”) and base-metal mineralization (Rukhlov 2024).

The Rare One Project is located 32 km east of the town of Invermere in the East Kootenay region of southeastern British Columbia. It is approximately 2.5 hours drive via highway and logging roads from the city of Cranbrook to the project area.

The project area was initially prospected in 1979. Soil geochemistry, prospecting, geological mapping, and access road construction were conducted from 2005 to 2017 (Gifford 2013). From the previous work, the identification of monazite, a phosphate mineral rich in light REEs, was established which is a useful pathfinder in locating prospective targets for REEs mineralization (Gifford 2007); elevated REEs and lead-zinc targets were identified from soil geochemistry and a gravity survey.

Rare One Project Location Map & Regional Trend

References

1. https://www.defensemetals.com/wicheeda-property
2. Rukhlov, A.S., Cui, Y., Cunningham, Q., Fortin, G., and Anderson, C., 2024.
   Geochemical signals of carbonatite related critical metals in provincial stream
   sediments. In: Geological Fieldwork 2023, British Columbia Ministry of Energy,
   Mines and Low Carbon Innovation, British Columbia Geological Survey Paper
   2024-01, pp. 97-122.
3. R.G. Gifford, 2007. Fen Property Assessment Report 29352, Geochemical
   Technical Work, Southeastern British Columbia.
4. R.G. Gifford, 2013. Fen Property Assessment Report 34420, Fenwick Creek
   Project, Southeastern British Columbia.
5. Zimtu Capital Corp., 2010. Rocky Mountain Rare Metal Belt British Columbia
   Map.