Search Minerals Inc. is pleased to announce that the Company has elected to accelerate the expiry date of certain warrants. On March 11, 2021, the Company issued a total of 12,500,000 warrants which are exercisable at $0.10 per share until March 11, 2022. As previously announced, the Warrants contained a provision that allows the Company to accelerate the expiry date of the Warrants if the closing price of the Company's [...]
Search Minerals Inc. is pleased to announce that it has entered into a non-binding letter of intent to purchase a 2.5% Net Smelter Royalty from B&A Minerals Limited for 15,000,000 common shares in the share capital of the Company. The transaction will also include some property transfers between the interested parties. The 15,000,000 common shares will be restricted and released over 24 months, with 25% being released [...]
Search Minerals Inc. is pleased to provide an update on its 7000m drilling program at DEEP FOX, located in our Port Hope Simpson - St. Lewis Critical Rare Earth Elements District in SE Labrador, which begun in June 2021. The drill program commenced June 2, 2021, with our expectation of 7000m of drilling and completion of between 40-45 drill holes. Drilling program objectives: extend the current resource to the 200m level [...]
Search Minerals Inc. , is pleased to announce that its common shares commenced trading today on the OTCQB? Venture Market in the United States operated by the OTC Markets Group Inc. under the stock symbol "SHCMF". The Company's common shares will also continue to trade on the TSX Venture Exchange under the symbol "SMY". The OTCQB offers investors transparent trading in entrepreneurial and development stage U.S. and [...]
Search Minerals Inc. , is pleased to announce that Search Minerals has been selected to participate in the Government of Canada Accelerated Growth Service initiative, which supports high growth companies. AGS, as a 'one-stop shop' model, provides Search with coordinated access to Government of Canada resources as Search continues to move quickly to production and contribute to the establishment of a stable and secure rare [...]
Search Minerals Inc. , is pleased to announce that it has signed a binding letter agreement with Roland Quinlan and Eddie Quinlan for an option to acquire an undivided 100% interest in and to certain claims owned by the Vendors known as the Mann#1, and another claim proximal to Two Tom Lake, . In order to maintain and exercise the Option, Search is required to make cash payments to the Vendors totalling $200,000 and issue [...]
Search Minerals Inc. , is pleased to announce that it has signed an Option Agreement with United Gold Inc, Aubrey Budgell, and Donna Lewis, for an option to acquire an undivided 100% interest in and to certain claims owned by the Vendors known as the Two Tom Property . In order to maintain and exercise the Option, Search is required to make cash payments to the Vendors totalling $200,000 and issue 1,600,000 common shares [...]
Search Minerals Inc. is pleased to announce its 2021 drilling and exploration program for Critical Rare Earth Elements , Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District in SE Labrador, has begun. Ms. Suzanne Butler, our senior geologist, has opened up our recently purchased Fox Harbour House, and welcomed back our employees for a very busy 2021 drilling and exploration season. Our drilling [...]
Search Minerals. is pleased to acknowledge receipt of a grant of $60,138 from the Province of Newfoundland and Labrador towards exploration work completed in 2020 on the Company's Critical Rare Earth Element 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 Inc. is pleased to announce its 2021 exploration program for Critical Rare Earth Elements , Zirconium and Hafnium in the Port Hope Simpson - St. Lewis CREE District in SE Labrador and the Red Wine District in central Labrador. The program includes three different drill programs at DEEP FOX and channel sampling programs at SILVER FOX and FOX MEADOW, and a helicopter-supported, prospecting and sampling [...]
Search Minerals Inc. , is pleased to announce that SGS Canada Inc. has reported on pre-concentration of the rare earth content of DEEP FOX, FOXTROT and FOX MEADOW mineral samples using Low Intensity Magnetic Separation and Wet High Intensity Magnetic Separation . This program was initiated following the successful use of LIMS to concentrate magnetite and WHIMS to concentrate rare earth elements prior to zirconia flotation [...]
Search Minerals Inc. , is pleased to announce that the Company has closed its previously announced non-brokered private placement offering of 14,000,000 flow-through common shares of the Company at a price of $0.18 per FT Share, for aggregate gross proceeds of $2,520,000 . The Company intends to use the proceeds from the Private Placement to incur eligible Canadian Exploration Expenses and flow-through mining [...]
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