Searchlight Resources Inc. - SCLTF STOCK NEWS

Welcome to our dedicated page for Searchlight Resources news (Ticker: SCLTF), a resource for investors and traders seeking the latest updates and insights on Searchlight Resources stock.

Searchlight Resources Inc., an exploration stage company, acquires, explores for, and develops mineral properties in Canada. The company explores for copper, cobalt, gold, vanadium, and uranium deposits. Searchlight holds interests in multiple projects across Canada, including the Bootleg Lake Gold Project, Duddridge Lake Property, Cameron Cobalt Project, Flin Flon North Project, and English Bay Property. Founded in 2000 and based in Vancouver, Canada, Searchlight Resources Inc. is focused on mineral exploration and development in Saskatchewan, a top location for mining investment in Canada.

07/23/2024 06:00 AM

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Searchlight Resources Reports Anomalous Uranium & Rare Earth MMI Results from Kulyk Lake Project

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Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) has reported promising results from Mobile Metal Ion (MMI) surveys at its Kulyk Lake Uranium and Rare Earth project in Saskatchewan. The surveys, conducted in October 2023, revealed significant uranium and rare earth element (REE) anomalies. Key findings include:

- An anomalous uranium zone up to 400 meters long at Whalesback Ridge
- New uranium anomalies at Hot Ridge
- A large REE anomalous zone at Whalesback Ridge, coincident with the uranium zone
- An REE anomalous zone at Hot Ridge

These results expand on previous surveys and reinforce Kulyk Lake's potential as both a uranium and REE prospect. Searchlight plans further exploration, including additional MMI sampling, airborne radiometric surveys, and a 1,500-meter diamond drill program for the Fanta REE and Eldorado Uranium targets.

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06/13/2024 07:00 AM

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Searchlight Defines Exploration Target Between 77,000 and 154,000 Ounces of Gold at Robinson Creek Gold Project

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Searchlight Resources has announced an exploration target for its Robinson Creek Gold Project, estimating between 77,000 and 154,000 ounces of gold.

This target is based on analyzing 70 historic drill holes from the 1940s and 1980s, revealing potential for 2 to 3 million tonnes of ore with gold grades between 1.20 g/t and 1.60 g/t.

The project, located near Creighton, Saskatchewan, demonstrated multiple high-grade gold intersections, bolstering its mining potential.

Searchlight plans further exploration to upgrade these estimates to a formal Mineral Resource.

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04/03/2024 07:00 AM

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Searchlight Resources Stakes in the Athabasca Basin

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Searchlight Resources Inc. announces the staking of two new mineral claims in the Eastern Athabasca Basin, totaling 43.5 sq km. These claims are strategically located near the highest-grade operating Uranium mines globally. The company plans to conduct detailed geological evaluations and future exploration on these claims, aligning with its exploration strategy. The claims will complement Searchlight's existing uranium project portfolio, including the Duddridge Lake Uranium Deposit with a historic inferred resource estimate of 227,880 tonnes. Stephen Wallace, President, and CEO of Searchlight, highlighted the significance of these claims in expanding the company's critical element projects.

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03/25/2024 07:00 AM

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Searchlight Resources Announces Sale of Hanson Lake Project in Saskatchewan

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Searchlight Resources Inc. announces the sale of Hanson Lake claim for $50,000 and 1% NSR to Willgrass Resources. Searchlight retains the Jan Lake Pegmatite Claims. The company continues to hold 148.6 sq km claim block covering Jan Lake Aplogranite Pegmatite sheets with significant exploration potential.

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03/03/2024 10:29 AM

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Searchlight Resources Reports MMI Results from Duddridge Lake Uranium Project

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Searchlight Resources Inc. reports positive results from the Mobile Metal Ion survey on the Duddridge Lake Uranium project, indicating potential uranium and copper extensions. The project boasts a historical 43-101 resource estimate, with plans for a significant drill program to explore further. The project's accessibility and mineralization characteristics make it a promising exploration target.

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02/26/2024 07:00 AM

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Searchlight Resources Inc. Invites Shareholders and Investment Community to visit them at Booth 2338 at PDAC 2024 in Toronto, March 3-6

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Searchlight Resources Inc. to Showcase Uranium and Rare Earths Projects at PDAC Convention

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01/30/2024 07:00 AM

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Searchlight Resources Stakes Milner Lake Uranium Project in Saskatchewan

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Searchlight Resources Inc. announces the staking of the Milner Lake Uranium Project, with samples up to 1.39% uranium oxide. The project is located approximately 5 kilometers west of Missinipe, and 60 kilometers north of La Ronge, Saskatchewan. The claim covers two areas of known uranium mineralization, with trench assays yielding up to 0.50% U3O8. The staking is part of the company's systematic research and evaluation of past exploration projects in Saskatchewan.

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12/29/2023 03:05 PM

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Searchlight Resources Announces Closing of Critical Metals Flow-Through Private Placement

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Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) has successfully closed a private placement of Critical Metals flow-through units, raising $205,002. Each unit, priced at $0.03, consists of one Critical Mineral Exploration flow-through share and one-half of one transferable common share purchase warrant. The company issued 6,833,400 units and expects to use the proceeds to fund exploration expenditures on its portfolio of Critical Metals mineral properties.

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12/19/2023 10:42 AM

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Searchlight Completes Airborne Surveys at Duddridge Lake and Daly Lake

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Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) completed high-resolution aeromagnetic and radiometric surveys on the Duddridge Lake and Daly Lake projects in Saskatchewan. The surveys covered 1,317.0-line km at Daly Lake and 820.5-line km at Duddridge Lake. The Daly Lake area has multiple Rare Earth Element (REE), thorium, and uranium occurrences, with over 1% Total Rare Earth Elements (TREE). The Kulyk Lake and Daly Lake claims cover a combined area of 395.5 square kilometers and host 54 known REE, thorium, and uranium occurrences along a 30-km long zone. Stephen Wallace, Searchlight CEO, anticipates final survey results in the next thirty days.

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12/06/2023 07:10 PM

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Searchlight Resources Announces Critical Mineral Flow-Through Private Placement

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Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) announces a private placement financing of Critical Mineral Exploration flow-through units, issuing up to 10,000,000 units at $0.03 per unit for proceeds of $300,000. Each unit includes a Critical Mineral Exploration flow-through share and one-half of a transferable common share purchase warrant. The company also plans to pay finder's fees and intends to use the proceeds for exploration expenditures on its Critical Mineral properties.

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FAQ

Where is Searchlight Resources Inc. based?

Searchlight Resources Inc. is based in Vancouver, Canada.

What does Searchlight Resources Inc. focus on?

Searchlight Resources Inc. focuses on acquiring, exploring for, and developing mineral properties in Canada, with a focus on copper, cobalt, gold, vanadium, and uranium deposits.

What are some of the projects owned by Searchlight Resources Inc.?

Searchlight holds interests in various projects including the Bootleg Lake Gold Project, Duddridge Lake Property, Cameron Cobalt Project, Flin Flon North Project, and English Bay Property.

When was Searchlight Resources Inc. founded?

Searchlight Resources Inc. was founded in 2000.

What is the exploration focus of Searchlight Resources Inc.?

Searchlight Resources Inc.'s exploration focus is on uranium, rare earths, battery minerals, copper, nickel, and gold throughout the province of Saskatchewan, Canada.