Welcome to our dedicated page for Searchlight Res news (Ticker: SCLTF), a resource for investors and traders seeking the latest updates and insights on Searchlight Res stock.
Searchlight Resources Inc. reports on mineral exploration and development projects in Saskatchewan, with recurring coverage centered on gold assets near Creighton, Saskatchewan, and Flin Flon, Manitoba. Company updates include work on the Bootleg Lake, Robinson Creek and Mari Lake gold projects, the past-producing Rio Gold Mine, NI 43-101 technical reports, exploration permits, surface programs, historical drilling and trenching data, and mine-reopening studies.
News also covers portfolio actions such as the completed sale of the Kulyk Lake and Daly Lake critical metals projects, advisory and technical appointments, stock option grants, and the company's broader focus on gold, copper and other critical metals projects with nearby infrastructure in Saskatchewan.
Searchlight Resources (TSXV: SCLT, OTC Pink: SCLTF) has begun high-resolution airborne magnetic and radiometric surveys over its expanded Mari Lake Gold Project in Saskatchewan, now covering 43.1 sq km of claims about 30 km north of Creighton and Flin Flon.
The surveys, conducted by Special Projects of Calgary, target the Kississing River Shear Zone, which hosts known high-grade gold occurrences. Searchlight has also engaged TUZO GeoSurveys to complete UAV photogrammetry and Lidar at the Robinson Creek gold target in preparation for a planned diamond drilling program to verify historical results.
Searchlight Resources (OTC: SCLTF) has expanded its Mari Lake high-grade gold project in Saskatchewan by staking an additional 38.3 sq km of claims. This increases the project area from 4.8 sq km to 43.1 sq km, all acquired by staking, with 100% ownership and no royalties.
The new ground extends exposure along the gold-bearing Kississing River Shear Zone from 3.1 km to 7.0 km. Searchlight plans a high-resolution airborne magnetic survey and a geological site visit to prepare for potential winter drilling. Historical work (1945–1986) reported visible gold from drilling, trenches, pits and grab samples, which the company treats as historical and unverified but relevant for planning.
Searchlight Resources (OTC:SCLTF, TSXV:SCLT) closed a previously announced private placement of 11,500,000 units at $0.10 each, raising $1,150,000 gross proceeds. Each unit includes one common share and one warrant exercisable at $0.15 for three years.
The company paid $33,750 in cash commissions and issued 332,500 broker warrants. Directors subscribed for 400,000 units. Proceeds will fund Saskatchewan gold exploration and working capital. Searchlight also appointed geologist Doug Andrews as Strategic Advisor.
Searchlight Resources (OTC:SCLTF) announced a non-brokered private placement of up to 11,000,000 units at $0.10 per unit, for gross proceeds of up to $1,100,000. Each unit includes one common share and a three-year warrant exercisable at $0.15.
Proceeds will fund mineral exploration and working capital, subject to corporate and TSX Venture Exchange approvals. Securities will carry a four-month hold period, and finder’s fees may be payable.
Searchlight Resources (OTC: SCLTF) staked the Mari Lake high-grade gold project in Saskatchewan, adding a 4.7 km2 claim located ~30 km north of Creighton and ~40 km north of Bootleg Lake on April 20, 2026.
Historical work reports a mineralized structure ~700 m long and assays up to 2.98 oz/ton Au. Searchlight holds 100% interest with no royalties and notes the results are historical and unverified by the company.
Searchlight Resources (OTC: SCLTF) received a two-year drill and surface exploration permit from the Saskatchewan Ministry of Environment for the Robinson Creek Gold project on April 8, 2026. The 2.9 km2 property hosts three gold zones over ~1 km along the Mosher Lake Shear Zone.
Searchlight plans summer 2026 prospecting, mapping and follow-up drilling based on historical data including 70 drill holes (9,618 m) and an initial exploration target of 2–3 million tonnes at 1.20–1.60 g/t Au, noted as conceptual and unverified.
Searchlight Resources (OTC: SCLTF) appointed Gary Haywood, P.Eng as Technical Advisor and granted incentive stock options for up to 3,450,000 common shares.
Mr. Haywood brings over 40 years of mine engineering and operations experience; options vest immediately and expire March 26, 2031 at $0.10 per share. The company is planning the reopening of the Rio high grade gold mine.
Searchlight (OTC: SCLTF) completed and filed its first NI 43-101 Technical Report for the Robinson Creek gold project on March 19, 2026. The report compiles historic and recent exploration, recommends a two‑phase program (surface work then twinning holes), and outlines an initial Exploration Target of 2–3 million tonnes at 1.20–1.60 g/t Au.
The report cites 70 historical drill holes (9,618 m), multiple wide gold intersections, and identification of targets along the Mosher Lake Shear Zone.
Searchlight Resources (OTC: SCLTF) has engaged High Grade Mining Consulting to evaluate reopening the past-producing Rio Gold Mine near Creighton, Saskatchewan. The site preserves about 1,500 metres of underground workings and a ramp decline to ~122 metres. A 1988 bulk sample of 10,000 tonnes at 4.1 g/t Au was collected; Searchlight also reports drill hits including 5.24 g/t Au over 4.0 m and 2.09 g/t Au over 19.0 m. Initial work will cover engineering, environmental studies, permitting, and stakeholder consultation.
Searchlight (OTC: SCLTF) closed sale of its Kulyk Lake and Daly Lake projects in Northern Saskatchewan to Monazite Metals Corp., under a December 16, 2025 agreement closed February 9, 2026. Consideration includes $180,000 cash, 10,200,000 MMC shares (deemed $0.10), a 1% NSR (buyout $1,000,000), and up to $300,000 in milestone equity payments. An advisory fee of $20,000 is payable to Canaccord Genuity. Projects lie 55 km south of Key Lake in the Wollaston Domain. Searchlight says the deal lets it focus on flagship gold projects near Flin Flon. Qualified Person: Stephen Wallace, P.Geo.