Searchlight Resources Stakes Bonnie Lake Uranium Claims in Saskatchewan
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) has staked two mineral claims spanning 37.3 sq km in Saskatchewan's Eastern Wollaston Domain, approximately 70 km northwest of McClean Lake Uranium Mine. The claims include the Bonnie Lake showings, located in a prime uranium exploration area.
Historical exploration from 1980 revealed significant uranium findings in the area, with 58 showings ranging from 1,000-28,000 cps of radioactivity. Assays showed values up to 0.183% U3O8 and 1.30% ThO2, with the highest radioactivity concentrated in a 150m by 100m area of pegmatite-intruded calc-silicate marble. The radioactive mineral was identified as uranothorite.
This acquisition complements Searchlight's uranium portfolio, which includes the Duddridge Lake Uranium Deposit and Kulyk Lake Uranium/Rare Earth project.
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) ha registrato due diritti minerari che coprono 37,3 km² nella regione Eastern Wollaston del Saskatchewan, circa 70 km a nord-ovest della miniera di uranio di McClean Lake. I diritti includono le affioramenti di Bonnie Lake, situati in una zona di esplorazione di uranio di prim'ordine.
Esplorazioni storiche dal 1980 hanno rivelato significative scoperte di uranio nella zona, con 58 affioramenti che variano da 1.000 a 28.000 cps di radioattività. Le analisi hanno mostrato valori fino a 0,183% U3O8 e 1,30% ThO2, con la massima radioattività concentrata in un'area di 150m per 100m di marmo calcareo-silicatato intruso di pegmatite. Il minerale radioattivo è stato identificato come uranotorite.
Questa acquisizione completa il portafoglio di uranio di Searchlight, che include il deposito di uranio di Duddridge Lake e il progetto di uranio/terre rare di Kulyk Lake.
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) ha presentado dos reclamaciones mineras que abarcan 37,3 km² en el dominio Eastern Wollaston de Saskatchewan, aproximadamente a 70 km al noroeste de la mina de uranio McClean Lake. Las reclamaciones incluyen las manifestaciones de Bonnie Lake, ubicadas en un área de exploración de uranio de primera categoría.
La exploración histórica desde 1980 reveló hallazgos significativos de uranio en la zona, con 58 manifestaciones que varían de 1,000 a 28,000 cps de radiactividad. Los ensayos mostraron valores de hasta 0.183% U3O8 y 1.30% ThO2, con la mayor radiactividad concentrada en un área de 150m por 100m de mármol calc-silicatado intruido por pegmatita. El mineral radiactivo fue identificado como uranotorita.
Esta adquisición complementa el portafolio de uranio de Searchlight, que incluye el depósito de uranio de Duddridge Lake y el proyecto de uranio/tierras raras de Kulyk Lake.
서치라이트 리소스 (TSXV: SCLT) (OTC: SCLTF)는 서사스카치완의 이스턴 월라스턴 도메인에 37.3 평방킬로미터에 걸쳐 두 개의 광물 청구권을 등록했습니다. 이는 맥클린 레이크 우라늄 광산에서 북서쪽으로 약 70킬로미터 떨어진 곳에 위치합니다. 청구권에는 우라늄 탐사가 활발한 지역에 위치한 보니 레이크 노출부가 포함되어 있습니다.
1980년대의 역사적 탐사에서 이 지역에서 상당한 우라늄 발견이 있었으며, 1,000에서 28,000 cps의 방사능을 가진 58개의 노출부가 발견되었습니다. 분석 결과 0.183% U3O8 및 1.30% ThO2의 값을 보였으며, 가장 높은 방사능은 150m x 100m의 페그마타이트가 침투한 석회규산염 대리석 지역에 집중되어 있었습니다. 방사성 광물은 우라노토라이트로 확인되었습니다.
이번 인수는 서치라이트의 우라늄 포트폴리오를 보완하며, 여기에는 더드리지 레이크 우라늄 매장지와 쿨리크 레이크 우라늄/희토류 프로젝트가 포함됩니다.
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) a enregistré deux revendications minérales couvrant 37,3 km² dans le domaine Eastern Wollaston de la Saskatchewan, à environ 70 km au nord-ouest de la mine d'uranium de McClean Lake. Les revendications incluent les affleurements de Bonnie Lake, situés dans une zone d'exploration d'uranium de premier plan.
Des explorations historiques depuis 1980 ont révélé des découvertes significatives d'uranium dans la région, avec 58 affleurements allant de 1 000 à 28 000 cps de radioactivité. Les analyses ont montré des valeurs allant jusqu'à 0,183% U3O8 et 1,30% ThO2, avec la radioactivité la plus élevée concentrée dans une zone de 150 m sur 100 m de marbre calcaire-silicaté intrusé par pegmatite. Le minéral radioactif a été identifié comme de l'uranothorite.
Cette acquisition complète le portefeuille d'uranium de Searchlight, qui comprend le dépôt d'uranium de Duddridge Lake et le projet d'uranium/terres rares de Kulyk Lake.
Searchlight Resources (TSXV: SCLT) (OTC: SCLTF) hat zwei Mineralansprüche über eine Fläche von 37,3 km² im Eastern Wollaston Gebiet von Saskatchewan angemeldet, etwa 70 km nordwestlich des McClean Lake Uranabbaugebiets. Die Ansprüche umfassen die Bonnie Lake Vorkommen, die sich in einem erstklassigen Uranexplorationsgebiet befinden.
Historische Erkundungen seit 1980 haben bedeutende Uranfunde in der Region ergeben, mit 58 Vorkommen, die von 1.000 bis 28.000 cps Radioaktivität reichen. Analysen zeigten Werte von bis zu 0,183% U3O8 und 1,30% ThO2, wobei die höchste Radioaktivität in einem 150m mal 100m großen Bereich von pegmatit-infiltriertem kalk-silikat Marmor konzentriert war. Das radioaktive Mineral wurde als Uranothorit identifiziert.
Diese Akquisition ergänzt das Uranportfolio von Searchlight, das das Duddridge Lake Uranlager und das Kulyk Lake Uran-/Seltene Erden-Projekt umfasst.
- Strategic acquisition of 37.3 sq km of uranium-rich claims
- Historical assays showed high-grade uranium content up to 0.183% U3O8
- Location in prime uranium exploration area near existing mines
- 58 radioactive showings identified in the property
- Reliance on historical data from 1980, requiring modern verification
- Early-stage exploration project with no proven reserves
- Multiple historic uranium outcrop and boulder samples
- Outcrop samples with up to
0.183% and0.107% U3O8 - Fifty-eight showings of 1,000-28,000 cps
Vancouver, British Columbia--(Newsfile Corp. - February 12, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce the staking of two mineral claims in the Eastern Wollaston Domain in Northern Saskatchewan, approximately 70 km northwest of the McClean Lake Uranium Mine.
The two claims cover 37.3 sq km, and host multiple known uranium showings, including the Bonnie Lake showings. The project is located in the Wollaston Geological Domain, a prime uranium exploration area which underlies the eastern Athabasca Basin, and hosts some of the highest-grade operating Uranium mines in the world (Map 1).
Exploration in 1980 resulted in the discovery of an area of extremely high radioactivity in pegmatite-intruded calc-silicate marble near Bonnie Lake, during helicopter-supported reconnaissance mapping. The highest radioactivity was confined to the coarse pegmatitic phase, and most intense over an area 150 m by 100 m. Radioactivity from 58 showings ranged from 1,000-28,000 cps (Map 2). Assays ranged up to
"The Bonnie Lake project aligns with Searchlight's staking of high-value surface uranium targets in the Wollaston Domain. This new project fits into the Company's uranium portfolio, which includes the Duddridge Lake Uranium Deposit and the Kulyk Lake Uranium/Rare Earth project," stated Stephen Wallace, CEO of Searchlight.
Historical data source: Assessment File 64L09-0009. Report on Exploration, Mineral Prospecting Permits 1052, 1053. N.T.S. 64-L-9, 10, 15, 16 Charcoal Lake Area, Reindeer Mining District Saskatchewan. Philip A. Wright, Kelvin Energy Ltd. November 20, 1980
Map 1 - Location of Bonnie Lake Claims
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Map 2 - Bonnie Lake radioactivity counts per second (CPS) for outcrops and boulders
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Map 3 - Bonnie Lake U3O8 % for outcrops and boulders
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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) (OTC Pink: 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.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240461
FAQ
What uranium grades were found in Searchlight Resources' (SCLTF) Bonnie Lake claims?
How large is the Bonnie Lake uranium property acquired by SCLTF?
Where are SCLTF's Bonnie Lake uranium claims located?
How many uranium showings were identified in SCLTF's Bonnie Lake property?
What other uranium assets does SCLTF own besides Bonnie Lake?
