Searchlight Resources Inc. is pleased to announce an agreement with New Moon Minerals Corp. , a private issuer, to acquire the remaining 25% interest and 1% NSR currently held by New Moon on the Bootleg Lake Gold property. This property is located near Creighton, Saskatchewan, Canada, approximately five kilometres southwest of the city of Flin Flon, Manitoba. In May 2017, Searchlight entered into an option agreement to [...]
Searchlight Resources Inc. is pleased to announce the Company has contracted the Saskatchewan Research Council to undertake a Rare Earth Elements beneficiation study on a monazite sample from the Company's project at Kulyk Lake, Saskatchewan. The purpose of the testing program at SRC is to determine the most efficient beneficiation route for the monazite concentration in a sample from the Fanta occurrence at Kulyk Lake [...]
Searchlight Resources Inc. is pleased to announce that it has granted incentive stock options to officers, directors and consultants under its Stock Option Plan entitling them to purchase an aggregate of up to 1,850,000 common shares of the Company. The stock options will vest immediately and are exercisable on or before November 11, 2027, at a price of $0.06 per share. About Searchlight Resources Inc. [...]
Searchlight Resources is pleased to announce results of the June 2022 prospecting program, and the start of the second phase of exploration at the Kulyk Lake Critical Elements project located approximately 165 km north of La Ronge and 65 km south of the Key Lake Uranium Mine. Highlights Phase 1 results Results of 0.067% U3O8, and 0.054% U3O8 in grab samples 0.95% TREO in grab sample, including 1,750 ppm Nd2O3, 524 ppm [...]
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 August 8th, 2022 The Company issued 9,373,334 units at a price of $0.105 per unit for aggregate proceeds of $984,200. Each Unit consists of one Critical Metals flow-through share and one-half of one common share purchase warrant . Each Warrant will [...]
Searchlight Resources Inc. is pleased to report that due to investor demand it has increased the size of its Critical Metals flow-through private placement previously announced on July 27, 2022. The Company will now issue up to 9,523,810 units at a price of $0.105 per unit for aggregate proceeds of $1,000,000. Each Unit consists of one Critical Metals flow-through share and one-half of one common share purchase warrant [...]
Searchlight Resources is pleased to announce a private placement financing of Critical Metals flow-through units. The Company will issue up to 4,761,905 units at a price of $0.105 per unit for aggregate proceeds of $500,000. Each Unit consists of one Critical Metals flow-through share and one-half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional common share of the [...]
Searchlight Resources Inc. is pleased to announce the Company has completed the initial prospecting program on the Kulyk Lake Uranium project, located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mine. Highlights 2021 Anomalous airborne radiometric results verified Field scintillometer readings up to 13,000 counts per second Searchlight Resources has recently completed the [...]
Searchlight Resources Inc. is pleased to announce the Company has completed the initial prospecting program on the Kulyk Lake Rare Earth Element project, located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mine. Highlights 2021 Anomalous airborne radiometric results verified Field scintillometer readings of up to 13,800 counts per second Searchlight expands known area of [...]
Searchlight Resources Inc. is pleased to announce that Dr. John Belhumeur has joined the Searchlight Resources Advisory Board as Indigenous and Community Advisor. Dr. John Belhumeur has spent over 30 years as a consultant for Aboriginal affairs with regards to project development in the resource industry, coordinating between Aboriginal citizens, resource companies, and various levels of government. Dr. Belhumeur has [...]
Searchlight Resources Inc. is pleased to announce the start of field work on the Company's Kulyk Lake Rare Earth Element project, located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mine. Highlights Searchlight has been granted a permit for surface exploration at Kulyk Lake Field work follow-up of September 2021 radiometric survey Prospecting and grid sampling planned on [...]
Searchlight Resources Inc. is pleased to announce the initial results of the high-resolution aeromagnetic and radiometric surveys on the Company's Duddridge Lake Uranium - Copper project, located approximately 75 kilometers northwest of La Ronge, Saskatchewan. Highlights Radiometric uranium survey highlights known Duddridge Lake Uranium Deposit Survey also highlights other uranium targets within Duddridge Lake claims [...]