Searchlight Resources Completes Airborne Radiometric Survey of the Daly Lake Rare Earth and Uranium Project
Searchlight Resources has announced initial results from an airborne radiometric survey of its Daly Lake Uranium and Rare Earth Element (REE) project in Saskatchewan. The survey, covering 57.5 square kilometres, revealed significant new thorium and uranium targets, including a large thorium zone measuring 800m x 450m. Notable findings include multiple REE occurrences with over 1% Total Rare Earth Elements, with samples showing up to 3.08% TREE.
The Daly Lake project, located 150 km north of La Ronge and 25 km south of the Company's Kulyk Lake project, extends multiple REE and uranium targets over a 12-km strike length. Together, the Kulyk Lake and Daly Lake claims cover 395.5 square kilometres and host over 40 REE, thorium, and uranium occurrences along a 30-km zone.
Searchlight Resources ha annunciato i risultati iniziali di un'indagine radiometrica aerea del suo progetto di uranio e terre rare di Daly Lake in Saskatchewan. L'inchiesta, che copre 57,5 chilometri quadrati, ha rivelato nuovi obiettivi significativi di torio e uranio, inclusa una grande zona di torio di 800 m x 450 m. Tra i risultati notevoli ci sono molteplici occorrenze di terre rare con oltre l'1% di Elementi Terreni Rari Totali, con campioni che mostrano fino al 3,08% di TREE.
Il progetto Daly Lake, situato a 150 km a nord di La Ronge e 25 km a sud del progetto Kulyk Lake della società, estende molteplici obiettivi di terre rare e uranio su una lunghezza di 12 km. Insieme, i diritti sui minerali di Kulyk Lake e Daly Lake coprono 395,5 chilometri quadrati e ospitano oltre 40 occorrenze di terre rare, torio e uranio lungo una zona di 30 km.
Searchlight Resources ha anunciado los resultados iniciales de una encuesta radiométrica aérea de su proyecto de uranio y elementos de tierras raras en Daly Lake en Saskatchewan. La encuesta, que cubre 57.5 kilómetros cuadrados, reveló nuevos objetivos significativos de torio y uranio, incluyendo una gran zona de torio de 800 m x 450 m. Hallazgos notables incluyen múltiples ocurrencias de elementos de tierras raras con más del 1% de Elementos Totales de Tierras Raras, con muestras que muestran hasta un 3.08% de TREE.
El proyecto Daly Lake, ubicado a 150 km al norte de La Ronge y a 25 km al sur del proyecto Kulyk Lake de la compañía, extiende múltiples objetivos de tierras raras y uranio a lo largo de una longitud de 12 km. Juntos, los derechos de Kulyk Lake y Daly Lake cubren 395.5 kilómetros cuadrados y albergan más de 40 ocurrencias de tierras raras, torio y uranio a lo largo de una zona de 30 km.
Searchlight Resources는 사스카추완에 있는 달리 호 우라늄 및 희토류 프로젝트에 대한 공중 방사선 조사 초기 결과를 발표했습니다. 57.5 제곱 킬로미터를 커버하는 이 조사는 중요한 새로운 토륨 및 우라늄 목표를 확인했으며, 800m x 450m 크기의 대규모 토륨 지역이 포함되어 있습니다. 주목할만한 발견으로는 1% 이상의 총 희토류 원소를 포함한 다수의 희토류 발생이 있으며, 샘플은 최대 3.08% TREE를 보여주고 있습니다.
달리 호 프로젝트는 라 론지 북쪽으로 150km, 회사의 쿨리크 호 프로젝트 남쪽으로 25km 떨어진 곳에 위치하며, 12km의 스트라이크 길이로 다수의 희토류 및 우라늄 목표를 넓히고 있습니다. 쿨리크 호와 달리 호의 권리는 총 395.5 제곱 킬로미터를 커버하며, 30km 구역을 따라 40개 이상의 희토류, 토륨 및 우라늄 발생을 포함하고 있습니다.
Searchlight Resources a annoncé les premiers résultats d'une enquête radiométrique aérienne de son projet d'uranium et d'éléments de terres rares de Daly Lake en Saskatchewan. L'enquête, couvrant 57,5 kilomètres carrés, a révélé des cibles significatives de thorium et d'uranium, y compris une grande zone de thorium mesurant 800 m x 450 m. Parmi les constatations notables, on trouve plusieurs occurrences d'éléments de terres rares avec plus de 1% d'Éléments de Terres Rares Total, les échantillons montrant jusqu'à 3,08% de TREE.
Le projet de Daly Lake, situé à 150 km au nord de La Ronge et à 25 km au sud du projet de Kulyk Lake de la société, s'étend sur 12 km de longueur avec plusieurs cibles d'éléments de terres rares et d'uranium. Ensemble, les concessions de Kulyk Lake et de Daly Lake couvrent 395,5 kilomètres carrés et abritent plus de 40 occurrences d'éléments de terres rares, de thorium et d'uranium le long d'une zone de 30 km.
Searchlight Resources hat die ersten Ergebnisse einer luftgestützten radiometrischen Untersuchung seines Daly Lake Uranium- und Seltene-Erden-Projekts in Saskatchewan bekannt gegeben. Die Untersuchung, die eine Fläche von 57,5 Quadratkilometern abdeckt, hat bedeutende neue Thorium- und Uranziele revealed, einschließlich einer großen Thoriumzone mit den Abmessungen 800 m x 450 m. Zu den bemerkenswerten Ergebnissen gehören mehrere Seltene-Erden-Vorkommen mit über 1% Gesamte Seltene Erden, wobei Proben bis zu 3,08% TREE zeigen.
Das Daly Lake-Projekt, das 150 km nördlich von La Ronge und 25 km südlich des Kulyk Lake-Projekts des Unternehmens liegt, erstreckt sich über eine Länge von 12 km mit mehreren Seltene-Erden- und Uranzielen. Zusammen decken die Ansprüche von Kulyk Lake und Daly Lake eine Fläche von 395,5 Quadratkilometern ab und beherbergen über 40 Vorkommen von Seltenen Erden, Thorium und Uran in einem 30 km langen Bereich.
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- Survey highlights multiple new rare earth and uranium targets
- Survey expands known rare earth and uranium showings
- 800 m x 450 m thorium zone highlights significant rare earth potential
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2024) - Searchlight Resources Inc. (TSXV: SCLT) (OTCQB: SCLTF) ("Searchlight" or the "Company") is pleased to announce the initial results of the airborne radiometric survey of the Company's Daly Lake Uranium and Rare Earth Element ("REE") project, located approximately 150 km north of La Ronge, Saskatchewan, and 25 km south of the Company's Kulyk Lake Uranium and Rare Earth project.
Special Projects Inc. of Calgary, Alberta, completed 57.5 square kilometres of survey on the Daly Lake exploration target, located south of the adjoining Kulyk Lake property which hosts multiple Rare Earth Element ("REE"), thorium and uranium occurrences (Map1). Preliminary radiometric results on Daly Lake have outlined significant new thorium and uranium targets. Additionally, the results have confirmed and expanded several historical REE, uranium and thorium showings (Maps 2, 4). Searchlight uses thorium as a pathfinder for monazite, a principal REE mineral.
The results include a large thorium zone measuring 800m x 450m (Map 3), which covers the Jon Showings that comprise multiple REE occurrences with over
"These results show the potential for significant rare earth targets at Daly Lake, extending the multiple REE and uranium targets over a 12-km strike length," stated Stephen Wallace, CEO of Searchlight. "These results highlight Saskatchewan as a strong rare earth source within Canada. Daly Lake and other Searchlight REE projects could potentially provide rare earth feed for the Saskatchewan Resource Council Rare Earth Processing Facility in Saskatoon."
The Kulyk Lake and Daly Lake claims cover a combined area of 395.5 square kilometres, and host over 40 REE, thorium, and uranium occurrences along a 30-km long zone (Map 1).
Map 1. Location of Daly Lake and Kulyk Lake properties
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Map 2. Thorium (ppm) results from airborne radiometric survey
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Map 3. Thorium (ppm) clusters in the southern Daly Lake area
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Map 4. Uranium (ppm) results from airborne radiometric survey
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Total Rare Earth Elements (TREE) = Ce+Dy+Er+Eu+Gd+Ho+La+Nd+Pr+Sm+Tb+Yb
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, Chairman, 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 are the key findings from Searchlight Resources' (SCLTF) Daly Lake radiometric survey?
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