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 (OTC: SCLTF) reported initial airborne radiometric and magnetic survey results for its Bear Lake rare earth project, Jan 20, 2026. The 1,110 km flight program confirmed historical REE anomalies and identified two large new thorium anomalies: a 600 m x 500 m previously unsampled zone and a >1.5 km linear thorium zone along Ena Lake. Thorium is being used as a pathfinder for monazite. Bear Lake comprises 4,036 ha with six historical REE occurrences, lies within 30 km of Hoidas Lake and 25 km of Appia Energy Alces Lake, and includes historical samples up to 19.94% TREO and a lake-sediment result of 2,372 ppm TREE.
Searchlight Resources (OTC: SCLTF) entered a sale agreement dated December 16, 2025 to transfer its Kulyk Lake and Daly Lake projects to Monazite Metals Corp. Total consideration is up to $1,480,000: $180,000 cash on closing, 10,000,000 MMC shares on closing, a $300,000 milestone equity payment schedule, and a 1% Net Smelter Royalty that MMC may buy out for $1,000,000. An advisory fee of $20,000 is payable to Canaccord Genuity. Searchlight also appointed Jason Powell as Manager Corporate Development with a $5,000/month fee for 51 Media Ltd. Searchlight plans a 2,000-metre drill program at Robinson Creek.
Searchlight Resources (OTC: SCLTF) contracted Axiom Exploration Group to prepare NI 43-101 technical reports on its 100%‑owned Bootleg Lake and Robinson Creek gold properties near Creighton, SK and Flin Flon, MB. Axiom completed site visits and final reports are expected in early 2026. Robinson Creek has an Initial Exploration Target of 77,000–154,000 oz gold (2–3 Mt at 1.20–1.60 g/t) based on historical drilling; Bootleg Lake is a brownfields project with past-producing mines and 1,500 m of Rio Mine workings. Reports will compile historical data and recommend next exploration steps.
Searchlight Resources (OTC Pink: SCLTF) closed a private placement on October 30, 2025, issuing 13,802,741 units at $0.055 per unit for aggregate proceeds of $759,151.
Each unit comprises one common share and one warrant exercisable at $0.10 for 4 years. The company paid cash commissions of $14,158 and issued 257,409 broker warrants that expire in four years. All securities are subject to a four-month hold period. Searchlight intends to use proceeds for exploration expenditures on its mineral properties and for general working capital.
Searchlight Resources (OTC: SCLTF) announced a non-brokered private placement on October 14, 2025 to issue up to 14,000,000 Units at $0.055 per Unit. Each Unit includes one common share and one warrant exercisable at $0.10 for 4 years. The Offering could raise up to $770,000 in gross proceeds. The company intends to use proceeds for exploration on its mineral properties and for general working capital. Closing is subject to corporate and regulatory approvals, including TSX Venture Exchange approval. Finder fees may apply and securities will be subject to a four-month hold period.
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) has announced a share consolidation at a ratio of 5:1, effective October 2, 2025. The consolidation will reduce the company's outstanding common shares from 146,546,134 to 29,309,227 shares.
The company states that the consolidation aims to enhance its ability to attract future financings, generate greater investor interest, and improve trading liquidity. A new CUSIP number (81222L204) will be issued, and registered shareholders will receive new share certificates.
Searchlight Resources (OTC:SCLTF) has amended its option agreements with Refined Metals Inc. regarding the Milner and Basin Properties. The key modifications include extending cash payment deadlines of $55,000 (Basin) and $35,000 (Milner) to September 30, 2026, and pushing exploration expenditure deadlines of $200,000 (Basin) and $150,000 (Milner) to August 6, 2027.
As compensation, Searchlight will receive 27,500 common shares of Refined Metals. The company maintains a 2% net smelter return royalty on both properties, with 1% being repurchasable for CA$1,000,000. Searchlight continues to hold a diverse portfolio of gold, uranium, copper, and rare earth exploration projects in Saskatchewan, including Bootleg Lake with 4 past-producing gold mines and Robinson Creek with a gold exploration target of 77,000-154,000 ounces.
Searchlight Resources (OTC:SCLTF) has announced plans for a 5:1 share consolidation of its common shares. The consolidation will reduce the company's outstanding shares from 146,546,134 to approximately 29,309,227 shares.
The company states that the consolidation aims to enhance its ability to attract future financing, increase investor interest, and improve trading liquidity. The consolidation does not require shareholder approval and is pending acceptance from the TSX-V.
Searchlight Resources (OTC:SCLTF) has completed the acquisition of a 100% interest in the Robinson Creek Gold project in Saskatchewan, Canada. The property, located 16 km west of Creighton and Flin Flon, consists of 2 claim blocks covering 2.9 square km.
The project features an Initial Exploration Target of 77,000-154,000 ounces of gold, with estimated grades between 1.20-1.60 g/t across 2-3 million tonnes of ore. Historical drilling results show significant gold intersections, including 2.46 g/t gold over 57.60m. The acquisition includes a 2% NSR royalty, with Searchlight retaining the right to purchase 1.5% of the NSR for $2,250,000.
The Robinson Creek project's proximity to Searchlight's Bootleg Lake Gold project (15 km) presents potential operational synergies, particularly for shared processing facilities.
Searchlight Resources (OTC:SCLTF) has announced the strategic staking of claims covering the Otonadah Lake and Cam copper-zinc targets in Saskatchewan's Flin Flon Greenstone Belt. The newly staked claims, totaling 1,465.5 hectares, include a historic deposit reported by BHP-Utah Mines in 1992 containing 100,000 tonnes grading 3.4% copper and 1.5% zinc.
Located just 25 km northwest of Flin Flon, a major mining center, the property benefits from excellent infrastructure with Highway 106 nearby. The Otonadah Lake prospect features a thick gossan with sulphide replacement bodies, while the CAM Option Cu Showing includes 7 trenches extending over a 701m strike length. The company plans to conduct prospecting, MMI sampling, and airborne geophysics as part of future exploration efforts.