Searchlight Resources Inc. is pleased to announce that it has closed a private placement of Critical Metals flow-through units as previously announced by press release of December 6th, 2023. The Company issued 6,833,400 units at a price of $0.03 per unit for aggregate proceeds of $205,002. Each Unit consists of one Critical Mineral Exploration flow-through share and one-half of one transferable common share purchase [...]
Highlights High-resolution aeromagnetic and radiometric surveys completed. 1,317.0-line km of aeromagnetic and radiometric at Daly Lake. 820.5-line km of aeromagnetic and radiometric at Duddridge Lake. Searchlight Resources Inc. " or the "Company") is pleased to announce the completion of high-resolution aeromagnetic and radiometric surveys on the Duddridge Lake and Daly Lake projects in Saskatchewan. In October 2023 [...]
Searchlight Resources Inc. is pleased to announce a private placement financing of Critical Mineral Exploration flow-through units . The Company will issue up to 10,000,000 units at a price of $0.03 per unit for aggregate proceeds of $300,000. Each Unit consists of one Critical Mineral Exploration flow-through share and one-half of one transferable common share purchase warrant . Each Warrant will entitle the holder to [...]
Highlights Hafnium, a High Value Strategic Metal has been identified at Kulyk Lake. Monazite, a Rare Earth Ore Mineral with concentrations up to 2% has been identified in Hot Ridge thin sections. 2023 Mobile Metal Ion survey completed. Airborne survey of Kulyk South completed. Searchlight Resources Inc. is pleased to release results of a petrographic study of samples from the Hot Ridge occurrence and Yellow Brick Road [...]
Highlights 2023 MMI survey underway at Duddridge Lake Prospecting of Sandfly Lake Tourmaline-Bearing Pegmatites Plans for additional Airborne Geophysics Searchlight Resources Inc. " or the "Company") is pleased to announce that the 2023 field exploration has begun on the Company's wholly-owned Duddridge Lake Uranium Deposit, located approximately 75 kilometers northwest of La Ronge, and 25 kilometres east of Pinehouse [...]
Highlights Exploration Permit Received for Kulyk Lake Extension of 2022 MMI survey underway Prospecting of Rare Earth and Uranium Targets underway Searchlight Resources Inc. " or the "Company") is pleased to announce that the 2023 field exploration has been begun on the Company's Kulyk Lake Rare Earth / Uranium project, located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium [...]
Searchlight Resources Inc. is pleased to announce the completion and filing of a NI 43-101 Technical Report for its Kulyk Lake Rare Earths and Uranium project in Saskatchewan. The report presents a comprehensive analysis of historic and current exploration, and the project's overall potential. This will provide valuable information for shareholders, investors, and stakeholders, and can be accessed and downloaded at [...]
The Stock Day Podcast welcomed Searchlight Resources , a Canadian mineral exploration and development company focused on Saskatchewan, Canada, which has been ranked as the top location for mining investment in Canada by the Fraser Institute. Chairman and VP of Corporate Development, Alf Stewart, joined Stock Day host Kevin Davis. Davis began the interview by asking about the Company's background and current projects [...]
24 drill-ready targets identified based on 2020 airborne surveys. 8 new claim blocks focusing on priority base metal areas. Wapawekka claims reduced from 347.2 to 89.1 sq km. Searchlight Resources Inc. is pleased to announce that the Company has re-staked the Wapawekka core claims, based on 24 drill-ready targets identified by the Company. The new Wapawekka claims, covering 89.1 square kilometers, are located [...]
Searchlight Resources Inc. is pleased to announce that the Company has received approval from the TSX Venture Exchange to issue common shares as consideration for the purchase by Searchlight of the 25% interest plus 1.0% NSR in the Bootleg Lake Gold property from New Moon Minerals Corp. Consideration for the acquisition of the 25% interest plus 1.0% NSR in the Bootleg Lake Gold property consists of 6,000,000 common shares [...]
Searchlight Resources Inc. is pleased to announce that New Moon Minerals Corp. , has informed Searchlight that shareholders, at the New Moon Annual and Special Meeting held on March 16, 2023, approved the agreement of sale of New Moon's 25% interest in the Bootleg Lake Gold property and a 1.0% NSR held by New Moon, to Searchlight. This purchase gives Searchlight 100% interest in the Bootleg Lake Gold property which is [...]
The Kulyk Lake rock sample contained 33.6%TREO and 7.3% CREO. Results show the sample is amenable to concentration by heavy liquid, electrostatic, magnetic separation, and flotation methods. The coarse fraction size can be concentrated to +60% TREO. The fine fraction size can be concentrated to 49.8-52.8% TREO. Searchlight Resources Inc. is pleased to announce that the Company has received the final report from the [...]