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 [...]
Search Minerals Inc. is pleased to announce that the Company is conducting a non-brokered private placement of up to 14,000,000 flow-through common shares of the Company at a price of $0.18 per FT Share for maximum gross proceeds of up to $2,520,000 . All funds raised in connection with the Offering will be used for exploration expenditures on the Company's projects that will qualify as Canadian exploration expenses [...]
Search Minerals Inc. and USA Rare Earth, LLC are pleased to announce that USA Rare Earth, LLC purchased 9,000,000 units at $0.07 per unit for proceeds of $630,000 CDN in the Company's most recent financing that closed on March 11, 2021. On November 10, 2020, Search and USA Rare Earth jointly announced a Technical Collaboration Framework Agreement whereby the two companies would work on several initiatives. USA Rare Earth [...]
Search Minerals Inc. , is pleased to announce that the Company closed its previously announced non-brokered private placement offering of units of the Company for aggregate gross proceeds of $1,750,000 . Pursuant to the Private Placement, the Company issued 25,000,000 Units at a price of $0.07 per Unit, with each Unit consisting of one common share of the Company and one-half of one transferable common share purchase [...]
Search Minerals Inc. is pleased to announce that the Company is conducting a non-brokered private placement of up to 25,000,000 units of the Company at a price of $0.07 per Unit for maximum gross proceeds of up to $1,750,000 . All funds raised in connection with the Offering will be used for general working capital. Each Unit consists of one common share of the Company and one-half of one transferable common share [...]
Search Minerals Inc. is pleased to provide our plans to continue to advance our Critical Rare Earth Element District in SE Labrador, Canada. Search Minerals is a rare earth company founded during the last rare earth cycle starting in 2009. We are excited that our continued exploration work, technology advancements, and support from our many stakeholders, has positioned Search to capitalize on strong market fundamentals in [...]
Search Minerals Inc. is pleased to announce the receipt of funds from the exercise of previously issued warrants. Search has recently received a total of $150,900 from the exercise of 2,370,000 warrants, . The continued support from our loyal shareholders has allowed Search to continue to advance our District with both resource development and our Direct Extraction technology. Search is well positioned to capitalize on [...]
Search Minerals Inc. is pleased to report that SGS Canada Inc. has reported on preliminary metallurgical testing on a channel sample from SILVER FOX for recovery of a zirconium mineral concentrate. SILVER FOX is the fourth major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District and is enriched in zirconium content in comparison to FOXTROT and DEEP FOX Resources . HIGHLIGHTS [...]
Search Minerals Inc. , is pleased to announce that due to strong investor demand, the Company increased the size of and closed its previously announced non-brokered private placement offering of units of the Company for gross proceeds of $534,000 . Pursuant to the Private Placement, the Company issued 8,900,000 Units at a price of $0.06 per Unit, with each Unit consisting of one common share of the Company and one common [...]
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