Search Minerals announces that Leo Power has resigned as Chairman, and Director of the Company effective June 27, 2023. The Board is conducting a process to identify a new independent director and will update the market in due course. Search Minerals is focused on finding and developing Critical Rare Earths Elements, Zirconium and Hafnium resources within the emerging Port Hope Simpson - St. Lewis CREE District of South [...]
Search Minerals Inc. , announces that Todd Burlingame has resigned as President, CEO, and Director of the Company effective June 23, 2023. The Board is conducting a process to identify a new CEO and will update the market in due course. About Search Minerals Inc.: Search Minerals is focused on finding and developing Critical Rare Earths Elements , Zirconium and Hafnium resources within the emerging Port Hope Simpson - St [...]
Search Minerals announces that Todd Burlingame has been appointed as President and CEO and as a Director of the Company effective immediately. Mr. Burlingame had previously served as the Company's Chief Operating Officer and has the requisite skill set required to successfully advance the Company's Rare Earth Elements project in southeast Labrador. Mr. Burlingame is a 30-year mining industry veteran with a successful [...]
Search Minerals Inc. is pleased to announce that the Government of Canada has contributed $5 million in non-dilutive support to Search Minerals via a Contribution Agreement which will be used to fund the construction and operation of a demonstration plant for rare earth extraction and recovery. The total project cost is estimated at approximately $9.3 million with a further $1 million of funding under application from [...]
Search Minerals Inc. , is pleased to announce that that it has entered into a term sheet with InCoR Holdings Limited dated March 6, 2023, pursuant to which InCor will provide a secured term loan to the Company in the principal amount of $2.5 million . The Loan will have a 2-year term and will bear interest at a rate of 22.5% per annum, compounded annually. The Loan will be secured by a general security agreement between [...]
Search Minerals Inc. , announces that the settlement of the previously announced termination on a without cause basis of the employment of its Chief Executive Officer has been concluded. In connection therewith, Mr. Greg Andrews has resigned from his position as a Director of the Company and its wholly-owned subsidiaries, Alterra Resources Inc. and 86857 Newfoundland & Labrador Inc. effective as of March 3, 2023. For [...]
Search Minerals Inc. , announces that Mr. Leo Power has been appointed to the position of interim President and Chief Executive Officer of the Company following the termination by the Company on a without cause basis of the employment agreement with former President and Chief Executive Officer, Greg Andrews. The Company and Mr. Andrews are in discussions to effect the termination and ensure a smooth transition. The [...]
Search Minerals Inc. is pleased to announce that the planned 2,000 m of the FOX MEADOW Phase 1 drill program have been completed. FOX MEADOW, our third major REE mineralized zone, is located in the Port Hope Simpson - St. Lewis Critical Rare Earth Elements District in SE Labrador. The drill program consisted of a total of 14 drill holes and 2000 m drilled. All drill holes have intersected visual REE mineralization similar [...]
Search Minerals Inc. is pleased to announce the commencement of an initial 2,000m FOX MEADOW Phase 1 drill program. FOX MEADOW is the third major drill target in the Port Hope Simpson - St. Lewis Critical Rare Earth Elements District in SE Labrador. The drill program is expected to commence shortly, as our drilling contractor mobilizes on site this week. The drilling is expected to be completed in early December, 2022 [...]
Search Minerals Inc. is pleased to announce that the planned 14,000m drilling of the DEEP FOX Phase 4 drill program have been completed. DEEP FOX, our second resource, is located within the Port Hope Simpson - St. Lewis Critical Rare Earth Elements District in SE Labrador, Canada. The drill program consisted of a total of 76 drill holes totalling 14,013 m of which 63 drill holes were for additional resource delineation [...]
Search Minerals Inc. , is pleased to provide an update on our 2022 exploration programs in Labrador, Canada. Greg Andrews, President/CEO, comments: "We have had a very busy exploration season so far this year. In addition to managing the exploration program, we expanded our exploration team and expanded our facilities and infrastructure in St. Lewis, Labrador. Search renovated its modern office and core shed facilities [...]
Search Minerals Inc. , is pleased to announce that two bulk samples of mineralization from Deep Fox and Foxtrot have been processed in our PHASE 1 magnetic separation program at SGS Canada . The Deep Fox sample comprises 53 metric tonnes recovered from the exposed surface of the deposit. Similarly, the Foxtrot sample comprises 20 tonnes of surface material. The SGS program involved bench scale work to test the amenability [...]
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