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Search Minerals Inc SHCMF


Primary Symbol: V.SMY

Search Minerals Inc. is a Canada-based mineral exploration company that is focused on acquiring, exploring, and evaluating mineral resource properties. The Company's projects include Deep Fox Resource, Foxtrot Resource, Fox Meadow Prospect, Silver Fox Prospect and Red Wine REE District. The Deep Fox Resource is located approximately two-kilometer (km) northeast of the port of St. Lewis on the southeast Labrador coast, within 12 km of the Foxtrot resource. The Fox Meadow Prospect is located approximately 11 km west of Port Hope Simpson and one km northwest of a gravel forest access road which extends southwestward from the Trans-Labrador Highway. The Silver Fox discovery is located 14 km west of St. Lewis, two km west of Foxtrot and about one km south of an all season graveled road. The Red Wine property is located approximately 80 km north-east of Churchill Falls, Labrador and is 100% owned by the Company.


TSXV:SMY - Post by User

Post by Dariuszon Oct 31, 2021 4:45am
192 Views
Post# 34070114

What to expect from the Drill Results?

What to expect from the Drill Results?
What to expect from the drill results? Well here are some hints directly from the company:

This is from July 15 halfway through the drill; "Dr. Randy Miller, Vice-President, Exploration comments, “All drill holes completed to date have intersected mineralization that is visually similar to that analyzed from previous drill programs. The addition of geologist Andrea MacFarlane and another support staff to our team has greatly improved our ability to log, test and sample core for assay. We will report our assay and drilling results once all the assays have been received and interpretations have been completed.”"

This is from August 26 after completing the 7000m drill program; "Dr. Randy Miller, Vice-President, Exploration comments; “We have observed mineralization in all drill holes and await assay results to determine the grades. Drilling has expanded the zone of visual mineralization on the 150m and 200m levels to the NE and on the 50m level to the west. We are also currently digitizing all drilling and channel sampling data for Deep Fox, including drill logs, assays, and specific gravity and magnetic susceptibility measurements, to aid in the geological interpretation of the mineralization and associated rocks.”"

What kind of grades can we expect? This is from September 27 NR; "Assays from Deep Fox have shown higher grades of the key rare earth elements used in the permanent magnet market (Neodymium, Praseodymium, Dysprosium and Terbium) as compared to Foxtrot."


$SMY #REE #RareEarthElements #RareEarth
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