Defense Metals Corp. announce results for an additional six diamond drill holes totaling 879 metres from the Company's 29 hole, 5,349 metre diamond drill program completed during fall 2021. Drill holes WI21-51 through WI21-56 were collared from the same site and within the southern area of the Wicheeda Rare Earth Element (REE) deposit.

Resource definition drill holes WI21-52 through WI21-55 collared from the same setup all confirmed significant intervals of high-grade dolomite carbonatite as expected based on the geological and mineral resource block model; including drill hole WI21-54 that returned3.06% TREO (total rare earth oxide) over 145 metres extending the zone of high-grade dolomite carbonatite 25 metres beyond the extent of the geological model. Together these drill holes are expected to contribute to the upgrading, and expanding, of existing inferred mineral resources within the southwest quadrant of the deposit. The Company continues to receive additional assay results from the 2021 Wicheeda REE Deposit resource expansion and delineation campaign that will be released next week.

Delineation drill holes WI21-52 (-45o dip /260o azimuth) and WI21-53 (-65o dip /260o azimuth) on the same section both interested high-grade dolomite carbonatite intervals from surface matching closely to the geological and resource block model, averaging 3.31% TREO over 69.6 metres, and 3.06% TREO over 80.3 metres, respectively. Similarly, drill holes WI21-54 (-45o dip /320o azimuth) and WI21-55 (-65o dip /320o azimuth) on the same section with WI21-54 returning 3.06% TREO over 144.6 metres, extending the zone of high-grade dolomite carbonatite 25 metres beyond the extent of the geological model; and WI21-55 yielding 3.81% TREO over 116.8 metres, including two separate higher-grade intervals averaging 4.33% TREO over 38.8 metres, and 4,87% TREO over 37.5 metres. Delineation drill holes WI21-51 (-55o dip /030o azimuth) and WI21-56 (-45o dip /065o azimuth) targeted the relatively untested southeastern depth extent of the Wicheeda deposit.

Both holes returned higher grade dolomite carbonatite intercepts from surface averaging 2.47% TREO over 88.5 metres, and 3.56% TREO over 51 metres, respectively. A depth both holes are interpreted at low oblique angles down dip along a zone of mixed lithology zone comprising xenolith dolomite carbonatite and syenite rocks retuning broad mineralized zones averaging 1.27% TREO over 158 metres, and 1.41% TREO over 169 metres, respectively. The analytical work reported on herein was performed by ALS Canada Ltd. (ALS) at Langley (sample preparation) and Vancouver (ICP-MS fusion), B.C. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of the Defense Metals and the QP.

Drill core samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. A 0.1-gram sample pulp was then subject to multi-element ICP-MS analysis via lithium-borate fusion to determine individual REE content (ME-MS81h). Defense Metals follows industry standard procedures for the work carried out on the Wicheeda Project, with a quality assurance/quality control (QA/QC) program.

Blank, duplicate, and standard samples were inserted into the sample sequence sent to the laboratory for analysis. Defense Metals detected no significant QA/QC issues during review of the data.