Searchlight Resources Begins Airborne Surveys on the Bear Lake Rare Earth Project in Saskatchewan
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) has initiated airborne surveys on the Bear Lake Rare Earth project in Northern Saskatchewan, Canada. The company has contracted Special Projects Inc. to conduct high-resolution aeromagnetic and radiometric surveys covering 21.8 sq km of REE claims. The survey area includes six historical REE showings, notably the Bear Lake showing with results of 19.94% TREO and 3.53% CREO.
The Bear Lake claims are strategically located within 30 km of the Hoidas Lake Rare Earth deposit and 25 km of the Appia Energy Alces Lake Rare Earth project. Searchlight's CEO, Stephen Wallace, expressed enthusiasm about the surveys' potential to advance the Bear Lake project and expand knowledge of its REE potential. The company is utilizing Special Projects' proprietary systems, which have previously been successful in discoveries at other Searchlight projects.
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) ha avviato indagini aeree sul progetto Bear Lake Rare Earth nel Saskatchewan settentrionale, Canada. L'azienda ha incaricato Special Projects Inc. di condurre indagini aeromagnetiche e radiometriche ad alta risoluzione che coprono 21,8 kmq di diritti minerari di REE. L'area oggetto dell'indagine include sei affioramenti storici di REE, in particolare l'affioramento di Bear Lake con risultati di 19,94% TREO e 3,53% CREO.
I diritti minerari di Bear Lake sono strategicamente situati a meno di 30 km dal giacimento di Rare Earth di Hoidas Lake e a 25 km dal progetto Alces Lake Rare Earth di Appia Energy. Il CEO di Searchlight, Stephen Wallace, ha espresso entusiasmo per il potenziale delle indagini nel far avanzare il progetto di Bear Lake e ampliare la conoscenza del suo potenziale in REE. L'azienda sta utilizzando i sistemi proprietari di Special Projects, che in precedenza hanno avuto successo in scoperte in altri progetti di Searchlight.
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) ha iniciado encuestas aéreas sobre el proyecto Bear Lake Rare Earth en el norte de Saskatchewan, Canadá. La compañía ha contratado a Special Projects Inc. para realizar encuestas aeromagnéticas y radiométricas de alta resolución que cubren 21,8 km² de reclamos de REE. El área de la encuesta incluye seis afloramientos históricos de REE, notablemente el afloramiento de Bear Lake con resultados de 19,94% TREO y 3,53% CREO.
Los reclamos de Bear Lake están ubicados estratégicamente a menos de 30 km del depósito de Rare Earth de Hoidas Lake y a 25 km del proyecto Alces Lake Rare Earth de Appia Energy. El CEO de Searchlight, Stephen Wallace, expresó su entusiasmo por el potencial de las encuestas para avanzar en el proyecto Bear Lake y ampliar el conocimiento de su potencial en REE. La compañía está utilizando los sistemas propietarios de Special Projects, que previamente han tenido éxito en descubrimientos en otros proyectos de Searchlight.
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF)는 캐나다 북부 사스카체완의 Bear Lake 희토류 프로젝트에 대한 공중 조사를 시작했습니다. 이 회사는 21.8 평방킬로미터의 REE 청구권을 포함하는 고해상도 공중 자기 및 방사능 조사를 수행하기 위해 Special Projects Inc.에 계약을 체결했습니다. 조사 지역에는 역사적인 REE 노출 6곳이 포함되어 있으며, 특히 Bear Lake 노출은 19.94% TREO와 3.53% CREO의 결과를 나타냅니다.
Bear Lake 청구권은 Hoidas Lake 희토류 매장지에서 30km, Appia Energy Alces Lake 희토류 프로젝트에서 25km 떨어진 전략적으로 위치해 있습니다. Searchlight의 CEO인 Stephen Wallace는 조사 결과가 Bear Lake 프로젝트를 발전시키고 REE 잠재력에 대한 지식을 확장할 수 있는 잠재력에 대해 열정을 표현했습니다. 이 회사는 이전에 다른 Searchlight 프로젝트에서 발견에 성공했던 Special Projects의 독점 시스템을 활용하고 있습니다.
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) a lancé des enquêtes aériennes sur le projet Bear Lake Rare Earth dans le nord de la Saskatchewan, au Canada. L'entreprise a mandaté Special Projects Inc. pour réaliser des enquêtes aéromagnétiques et radiométriques à haute résolution couvrant 21,8 km² de claims de REE. La zone d'enquête comprend six affleurements historiques de REE, notamment l'affleurement de Bear Lake avec des résultats de 19,94% TREO et 3,53% CREO.
Les claims de Bear Lake sont stratégiquement situés à moins de 30 km du gisement de Rare Earth de Hoidas Lake et à 25 km du projet Alces Lake Rare Earth d'Appia Energy. Le PDG de Searchlight, Stephen Wallace, a exprimé son enthousiasme quant au potentiel des enquêtes pour faire avancer le projet Bear Lake et élargir les connaissances sur son potentiel en REE. L'entreprise utilise les systèmes propriétaires de Special Projects, qui ont déjà fait leurs preuves dans d'autres découvertes liées à Searchlight.
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) hat Luftuntersuchungen zum Bear Lake Rare Earth Projekt im Norden von Saskatchewan, Kanada, eingeleitet. Das Unternehmen hat Special Projects Inc. beauftragt, hochauflösende aeromagnetische und radiometrische Untersuchungen über 21,8 km² von REE-Ansprüchen durchzuführen. Das Untersuchungsgebiet umfasst sechs historische REE-Vorkommen, insbesondere das Vorkommen von Bear Lake mit Ergebnissen von 19,94% TREO und 3,53% CREO.
Die Bear Lake Ansprüche befinden sich strategisch 30 km vom Hoidas Lake Rare Earth Vorkommen und 25 km vom Alces Lake Rare Earth Projekt der Appia Energy entfernt. Der CEO von Searchlight, Stephen Wallace, äußerte sich begeistert über das Potenzial der Untersuchungen zur Weiterentwicklung des Bear Lake Projekts und zur Erweiterung des Wissens über dessen REE-Potenzial. Das Unternehmen nutzt die proprietären Systeme von Special Projects, die in früheren Entdeckungen bei anderen Projekten von Searchlight erfolgreich waren.
- None.
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- Surveys cover multiple Rare Earth Element targets
- Survey area of 21.8 sq.km
- Historical samples with up to 19.94 %TREO and 3.53 % CREO
Vancouver, British Columbia--(Newsfile Corp. - September 5, 2024) - Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) ("Searchlight" or the "Company") is pleased to announce that the Company has begun airborne surveys on the Bear Lake Rare Earth project located 25 kilometres north of Uranium City in Northern Saskatchewan, Canada.
Searchlight has contracted Special Projects Inc. of Calgary to complete high-resolution aeromagnetic and radiometric surveys on the 21.8 sq km Bear Lake Rare Earth Element ("REE") claims. The survey will cover six historical REE showings, including the Bear Lake showing with results of 19.94 %TREO and 3.53 % CREO. The Bear Lake claims are located within 30 kilometers of the Hoidas Lake Rare Earth deposit, and 25 km of the Appia Energy Alces Lake Rare Earth project (Map 1).
"Searchlight is pleased to initiate these surveys which will advance the Bear Lake project and expand our knowledge of its REE potential," stated Stephen Wallace, President and CEO of Searchlight. "We look forward to working with Special Projects whose proprietary systems have been used successfully on the company's Duddridge Lake and Kulyk Lake projects and were instrumental in the discovery of the Whalesback Ridge uranium and Hot Ridge REE showings on Kulyk Lake."
Map 1. Location of Bear Lake REE claims and nearby deposits
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/9828/222137_ede07b03749eaab7_002full.jpg
Note on TREO and CREO
TREO = Total Rare Earth Oxides = Ce2O3+Dy2O3+Er2O3+Eu2O3+Gd2O3+Ho2O3+La2O3+Nd2O3+Pr6O11+Sm2O3+Tb4O7+Yb2O3
TREO = Total Rare Earth Oxides = Dy2O3+Nd2O3+Pr6O11+Tb4O7
Qualified Person
Stephen Wallace, P.Geo., is Searchlight's Qualified Person within the meaning of National Instrument 43-101 and has reviewed and approved the technical information contained in this news release.
About Searchlight Resources - Where the Critical Elements Supply Chain Begins
Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) is a Canadian mineral exploration and development company focused on Saskatchewan, Canada, which has been ranked as the top location for mining investment in Canada by the Fraser Institute. The Company's exploration model of Project Generation coupled with Targeted Exploration, focuses on uranium, rare earths, copper, nickel and gold throughout the province.
On behalf of the Board of Directors,
"Stephen Wallace"
Stephen Wallace, President, CEO and Director
SEARCHLIGHT RESOURCES INC.
For further information, visit the Company's website at www.searchlightresources.com or contact:
Searchlight Resources Inc.
Alf Stewart, VP Corporate Development
(604) 331-9326
info@searchlightresources.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
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FAQ
What is the size of the Bear Lake Rare Earth project survey area?
What are the highest TREO and CREO percentages reported in historical samples from the Bear Lake showing?
Who is conducting the airborne surveys for Searchlight Resources on the Bear Lake project?
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