Search Minerals Inc. is pleased to announce that the Company has signed a Memorandum of Understanding with the Saskatchewan Research Council . The Government of Saskatchewan recently announced $31 million in funding for a Rare Earth Processing Facility in Saskatoon that will be owned and operated by SRC. The SRC Rare Earth Processing Facility is positioned as a catalyst to stimulate the resource sector in Saskatchewan and [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from FOX MEADOW, a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , a UAV magnetic survey and mapping/prospecting outline two mineralized zones on the surface at FOX MEADOW: the NW zone is up to 175m wide and SE zone is up to 116m wide. Combined, the mineralization is at least [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from SILVER FOX, a fourth major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , and mapping/prospecting indicate that the surface expression of this mineralized zone is up to 8.8m wide and 1120m long. This surface expression is significantly longer, but thinner, than the surface [...]
Search Minerals Inc. is pleased to report 2020 channel assays for Critical Rare Earths Elements , Zirconium and Hafnium from the AWESOME FOX project in the Port Hope Simpson – St. Lewis CREE District. Mineralized zones, on the surface, at Awesome Fox are at least 850 m long and up to 43m wide; seven channels, totaling 257.91 m were trenched and 500 samples were collected in 2020. HIGHLIGHTS OF THE 2020 EXPLORATION PROGRAM [...]
Search Minerals Inc. is pleased to report that its 2020 exploration program for Critical Rare Earths Elements , Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District has been completed. Mineralized zones, on the surface, have been expanded at the Awesome Fox, Silver Fox and Fox Meadow prospects; a total of 606 m of channel were trenched and 986 samples were collected . HIGHLIGHTS OF THE 2020 EXPLORATION [...]
Search Minerals Inc. is pleased to announce that the Company closed its non-brokered secured convertible debenture private placement for gross proceeds of $500,000, as initially announced on June 10, 2020. The Debenture has a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and paid semi-annually. The Debenture will be convertible into units of the [...]
Search Minerals Inc. is pleased to announce a non-brokered secured convertible debenture private placement for gross proceeds of $500,000. The Debenture has a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and paid semi-annually. The Debenture will be convertible into units of the Company at a conversion price of $0.05 per Unit, all in accordance [...]
Search Minerals Inc. is pleased to report that its 2020 exploration program for Critical Rare Earths Elements , Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District has begun. EXPECTATIONS FOR THE 2020 EXPLORATION PROGRAM Program time line – Completed by August 2020 FOX MEADOW program aims to expand the previously successful channel sampling programs to make this mineralized zone ready for a Phase 1 [...]
Search Minerals is pleased to acknowledge receipt of a grant of $57,600.62 from the Province of Newfoundland and Labrador towards exploration work completed in 2019 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 that the Company intends to amend the term of a total of 23,495,821 outstanding common share purchase warrants previously issued pursuant to the Company's rights offering that closed on July 5, 2018 and private placement that closed on July 11, 2018 . Pursuant to the Rights Offering, the Company issued a total of 15,609,285 units of the Company at an exercise price of $0.04 [...]
Search Minerals Inc. is pleased to report that SGS Canada has been commissioned to conduct preliminary metallurgical testing on a channel sample from SILVER FOX for recovery of a zirconium and hafnium 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 [...]
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, April 08, 2020 -- Search Minerals Inc. is pleased to report assay results from SILVER FOX, its fourth major mineralized zone in its Port Hope Simpson – St. Lewis Critical Rare Earth Element District [...]
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