Search Minerals Inc. is pleased to provide an update of the current pilot plant optimization being carried out by SGS Canada in Lakefield, Ontario. The SGS Minerals test program designed to optimize the Search Minerals Direct Extraction Process for Rare Earth Element Recovery is nearing successful completion. HIGHLIGHTS: The absence of acid during material heating is favourable for equipment selection and maintenance as [...]
Search Minerals Inc. is pleased to announce that Mr. Kaz Machida has been engaged to provide consulting services to Search to guide the development of a marketing strategy for entrance into the rare earth supply chain both in North America and primarily Japan. His extensive experience and expertise will add significantly to the Company’s management team. For more than 3 decades, Mr. Machida has worked with Itochu [...]
Search Minerals Inc. and its wholly-owned subsidiary, Alterra Resources Inc. are pleased to report the initial Mineral Resource estimate by Roscoe Postle Associates Inc. for the DEEP FOX Critical Rare Earth Element Deposit in SE Labrador. The new DEEP FOX resource and the Company’s FOXTROT resource in combination begin to outline the emerging CREE District in SE Labrador. The two deposits are approximately 12 km [...]
Search Minerals Inc. and its wholly-owned subsidiary, Alterra Resources Inc. are pleased to announce the preliminary results of its 2019 CREE exploration program in SE Labrador, Canada. UAV magnetic surveys were completed on the FOX MEADOW property, the AWESOME FOX/NINETEEN FOX area and the DEEP FOX area. Channel sampling programs were also completed on the FOX MEADOW, DEEP FOX and SILVER FOX properties. A LIDAR survey [...]
Search Minerals Inc. announces that it has closed its previously announced shares for debt transaction. The Company issued 1,100,000 common shares in the capital of the Company at a price of $0.08 per Share in settlement of an outstanding debt in the amount of $88,000 owing to certain directors of the Company in respect of accrued director fees . All securities issued in connection with the Debt Settlement are subject to [...]
Search Minerals Inc. announces that, subject to approval from the TSX Venture Exchange , the Company has agreed to issue up to 1,100,000 common shares in the capital of the Company at a price of $0.08 per Share in settlement of an outstanding debt in the amount of $88,000 owing to certain directors of the Company in respect of accrued director fees . Any securities issued in connection with the Debt Settlement will be [...]
Search Minerals Inc. , is pleased to announce that on June 18, 2019 the Company closed its previously announced rights offering which expired on June 14, 2019 . At closing, Search issued 45,535,170 common shares of the Company at a price of $0.03 per Share for total gross proceeds of $1,366,055. Following the closing of the Rights Offering, Search has 227,675,848 Shares issued and outstanding. To the knowledge of the [...]
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. VANCOUVER, British Columbia, May 13, 2019 -- Search Minerals Inc. , is pleased to acknowledge receipt of a grant of $95,664.53 from the Province of Newfoundland and Labrador towards exploration work completed in 2018 on the Company’s [...]
Search Minerals Inc. , is pleased to announce that it will be proceeding with a guaranteed rights offering to raise $1,366,055. The Company will be offering rights to holders of its Common Shares at the close of business on the record date of May 10, 2019 on the basis of one right for each four Common Shares held . Each right will entitle the holder to subscribe for one share of the Company upon payment of a subscription [...]
Search Minerals Inc. and its wholly-owned subsidiary, Alterra Resources Inc. are pleased to announce channel sample results from its FOX MEADOW Critical Rare Earth Element property in SE Labrador. Assays from 2 channels show significant CREE mineralization in a newly discovered mineralized zone. This CREE mineralization is similar to that at the DEEP FOX and FOXTROT properties. HIGHLIGHTS OF FOX MEADOW 2018 CHANNEL [...]
Search Minerals Inc. , is pleased to announce receipt of drill program assay results for all Phase 2 drill holes on its DEEP FOX Critical Rare Earth Element property in SE Labrador. Assays from 8 Phase 2 drill holes show significant CREE throughout the mineralized zone; mineralization is observed in all levels . 1 AND PHASE 2 DRILL PROGRAMS DEEP FOX confirmed to have higher grade mineralization and higher widths than [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has provided the Company CDN $100,000, which the Company will use for payment of the cost of chemical analysis for the Phase 2 Deep Fox drill samples. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible [...]
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