Search Minerals is pleased to announce that the Preliminary Economic Assessment NI 43-101 Technical Report on the Deep Fox and Foxtrot Project. The Technical Report, which is dated July 18, 2022, has an effective date of May 31, 2022 and is entitled "Technical Report on the Deep Fox and Foxtrot Project, Newfoundland and Labrador, Canada Report for NI 43-101". The results of the Technical Report were previously disclosed [...]
Search Minerals is pleased to announce the exercise of 15,364,015 previously issued common share purchase warrants of the Company at an exercise price of $0.07 per Warrant in July 2022 for aggregate gross proceeds of $1,075,481. Each Warrant was exercisable into one common share of the Company until July 12, 2022, as further disclosed in the Company’s news release dated April 30, 2020, and an aggregate of 654,669 [...]
Search Minerals Inc. is pleased to announce the results of its Preliminary Economic Assessment for the development of its Deep Fox and Foxtrot Rare Earth Element (REE) deposits located in Labrador and the establishment of a Direct Extraction Hydrometallurgical processing facility on the Island of Newfoundland. The PEA was prepared by SLR Consulting. The technical report relating to the PEA will be filed on SEDAR within 45 [...]
Search Minerals is pleased to provide the following update related to our planned 2022 activities. Greg Andrews, President/CEO comments: “Our team will be working very hard to advance these 2022 activities. Activities needed to continue our “Sprint to Production” as Search seeks to build a secure, sustainable rare earth supply chain in Newfoundland and Labrador to supply Canada and our trading partners. Our goal is to be [...]
Search Minerals is pleased to acknowledge receipt of a grant of $90,000 from the Province of Newfoundland and Labrador towards exploration work completed in 2021 on the Company’s Critical Rare Earth Element (CREE) claims located near the communities of St. Lewis and Port Hope Simpson in Southeastern Labrador. Greg Andrews, President and CEO of Search Minerals states, “Search is very appreciative of the Junior Exploration [...]
Search Minerals is pleased to report 2021 channel assay results from FOX MEADOW, a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element (CREE) District. Mapping, prospecting, trenching, channeling, and geophysical surveys confirm the current known extent of two mineralized zones at FOX MEADOW: the NW zone is up to 175m wide, and the SE zone is up to 154m wide. Combined, known [...]
Search Minerals Inc. is pleased to announce updated Mineral Resource Estimates by SLR Consulting Ltd. for the DEEP FOX and FOXTROT Critical Rare Earth Element properties in South-East Labrador. The Mineral Resource estimate for DEEP FOX includes results from the recently completed Phase 3 drill program, new metallurgy recovery data, and updated rare earth price forecasts. The updated FOXTROT resource estimate is based on [...]
Search Minerals Inc. , is pleased to announce that two bulk samples of mineralization from Deep Fox and Foxtrot have been received and are being processed in our PHASE 1 magnetic separation program at SGS Canada . The Deep Fox sample comprises 52.9 metric tonnes recovered from the exposed surface of the deposit. Similarly, the Foxtrot sample comprises 19.8 tonnes of surface material. The SGS program involves crushing and [...]
Search Minerals Inc. , is pleased to announce that Search will significantly bolster its expertise with the addition of Ken Baxter and W. Andrew Krusen, Jr to its Advisory Committee. We are also pleased to engage Pretium Capital Group for investor public relations and related communication services. Ken Baxter holds a Bachelor of Science Geology and a Master of Scientific Studies, both from the University of Queensland in [...]
Search Minerals Inc. , is pleased to announce a corporate update regarding our upcoming 2022 exploration program. Our treasury is currently over $ 7.0M, which includes our recent $ 6.3M financing. This treasury will be used to accomplish the goals outlined below. 2022 EXPLORATION PROGRAM The Company is well positioned to execute on its "Sprint to Production". We are currently preparing our work programs for Deep Fox, Fox [...]
Search Minerals Inc. , is pleased to announce the appointment of Todd Burlingame, a 30-year mining industry veteran with a history of advancing projects across northern Canada, as the Company's Chief Operating Officer effective February 1, 2022. "Search Minerals is at a critical turning point in our evolution. Augmenting our existing executive team with specific skills and experience in moving from advanced exploration [...]
Search Minerals Inc. , is pleased to announce that, further to its news release dated December 23, 2021, it has closed the second and final tranche of its non-brokered private placement . The Private Placement raised a total aggregate gross proceeds of $6,322,239. Under the Second Tranche, the Company issued 120,000 flow-through common shares of the Company at a price of $0.25 per FT Share , and 5,495,777 units of the [...]
+11,32 %
-13,55 %
