Searchlight Res - SCLTF STOCK NEWS

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.

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.

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.

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.

Searchlight Resources Inc. has released the results of a petrographic study of samples from the Hot Ridge and Yellow Brick Road occurrences at the Kulyk Lake Rare Earth/Uranium project. Monazite, a rare earth ore mineral, was identified in four of the five thin sections, with concentrations up to 2%. The study confirms that rare earth mineralization on the Kulyk Lake claims is more extensive than previously known. The company also found anomalous uranium and hafnium values in the samples. In addition, a geological team completed follow-up prospecting and mobile metal ion sampling, and airborne surveys are being conducted in the Daly Lake area. The exploration has identified a large area of pegmatites with the potential for hosting additional rare earth and critical metal targets.

Searchlight Resources Inc. has begun field exploration at the Duddridge Lake Uranium Deposit and plans to conduct a detailed MMI survey to acquire additional data for a near-term drill program. The deposit has a known historical inferred mineral resource of 227,880 tonnes with a grade of 2.14 lbs/tonne U3O8.

Searchlight Resources Inc. begins field exploration on Kulyk Lake Rare Earth/Uranium project, prospecting reveals high values of Rare Earths and Uranium

Searchlight Resources completes NI 43-101 Technical Report for Kulyk Lake project, highlighting historic exploration and future potential