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. (SCLTF) generates frequent news related to mineral exploration and corporate developments in Saskatchewan, Canada. Company news releases describe ongoing work on gold, copper, uranium, rare earth and other critical or battery mineral projects, particularly in the Flin Flon Mining Camp and across the province. This news page aggregates those updates so readers can follow how the exploration portfolio and corporate activities evolve over time.
Recent announcements highlight exploration progress at the Bootleg Lake and Robinson Creek gold projects, including airborne geophysical surveys, structural analysis and the commissioning of NI 43-101 technical reports. News items also cover staking of new copper-zinc targets in the Flin Flon Greenstone Belt, such as the Otonadah Lake and Cam prospects, as well as amendments to option agreements on uranium properties like the Milner and Basin projects.
Searchlight’s disclosures also include corporate and capital markets news. Examples include non-brokered private placements to fund exploration and working capital, a share consolidation aimed at facilitating future financings and trading liquidity, and the appointment of a Manager of Corporate Development through an agreement with 51 Media Ltd. In addition, the company reports on property sale agreements where it receives cash, shares and net smelter royalties while refocusing on flagship gold projects.
Investors and sector watchers can use this page to review historical and current news about exploration results, technical studies, property transactions, financings and corporate initiatives related to Searchlight Resources. Regularly checking this feed provides context on how the company’s Saskatchewan-focused exploration and development strategy is being implemented.
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.
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.