Welcome to our dedicated page for Search Minerals news (Ticker: SHCMD), a resource for investors and traders seeking the latest updates and insights on Search Minerals stock.
News and updates for Search Minerals Inc. (SHCMD) focus on the company’s exploration and corporate activities in Labrador. Search trades on the TSX Venture Exchange as SMY and on the OTC Pink market as SHCMD, and reports on its work to find and develop Critical Rare Earth Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources.
Recent news releases highlight detailed exploration results from key properties such as the DEEP FOX CREE deposit, the FOX MEADOW CREE property and prospects in the Red Wine Critical Minerals District. These updates include assay results from multi‑phase drill and channel programs, descriptions of mineralized zones, and technical information on the distribution of elements such as neodymium, praseodymium, dysprosium and terbium.
Investors following SHCMD news can also review announcements about exploration strategy, project advancement within the Port Hope Simpson – St. Lewis CREE District, and corporate developments. For example, the company has reported on settlement arrangements with specific creditors involving share issuance and cash payments, subject to regulatory approval.
This news page aggregates company‑sourced releases that describe exploration program design, QA/QC procedures, and the role of the Qualified Person overseeing technical disclosure. Readers can use this feed to monitor new drill phases, channel programs, resource‑related work at FOXTROT and DEEP FOX, and ongoing work at FOX MEADOW, SILVER FOX, AWESOME FOX and Red Wine District prospects. Bookmark this page to follow how Search Minerals communicates technical progress and corporate decisions that relate to SHCMD.
Search Minerals (TSXV: SMY | OTC: SHCMD) has reached a settlement agreement regarding outstanding debt payments with creditors Kee Scarp Ltd. and Todd Burlingame. The company will issue 203,688 common shares to Burlingame and make a cash payment of $26,600 to Kee Scarp, totaling approximately $100,000 in debt settlement.
The share issuance is pending TSX Venture Exchange approval and will be subject to a four-month and one-day hold period from the issuance date, as per securities legislation.
Search Minerals (TSXV: SMY | OTC: SHCMD) has announced significant channel sampling results from its Red Wine Critical Minerals District in central Labrador. The program revealed notable concentrations of critical minerals including Niobium (Nb), Beryllium (Be), Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbium (Tb).
Key findings include TWO TOM LAKE channel results showing 4,766 ppm Nb and 2,342 ppm Nd over 13.26m, MANN #1 yielding 1,027 ppm Nb and 1,657 ppm Nd over 1.33m, and MERLOT producing up to 522 ppm Dy and 1,700 ppm Nd over 18.86m. The district is accessible via helicopter from Churchill Falls and Goose Bay, with the Orma Lake woods road extending to within 30-60km of the properties.
Search Minerals (TSXV: SMY | OTC: SHCMD) has announced significant results from its Phase 1 drill and channel program at the FOX MEADOW Critical Rare Earth Element property in Labrador. The program revealed substantial CREE mineralization extending to 140m depth with a strike length of at least 750m and width up to 140m on the surface.
Key findings include high-grade intersections from drill holes, with notable results including 288 ppm Dy, 1277 ppm Nd, 309 ppm Pr, and 45.3 ppm Tb over 8.43m in hole FM-22-10. The exploration program, consisting of 14 drill holes totaling 2,006m and five new channels, confirms the continuity of mineralization and suggests potential for expansion both along strike and at depth.