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) 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.
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.