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Searchlight Minerals Corp SRCH

Searchlight Minerals Corp. is an exploration stage company, which is engaged in a slag reprocessing project and the acquisition and exploration of mineral properties. The Company is focused on the Clarkdale Slag Project, located in Clarkdale, Arizona, which is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Jerome, Arizona. The Company is involved in separating valuable metals, including gold, high-quality pig iron, and zinc oxide from approximately 20 million tons slag pile left from the United Verde Copper Mine in Jerome, Arizona. It separates out pig iron of 95% or greater purity from the Clarkdale slag creating a glass with residual gold trapped inside from the slag. The Company’s wholly owned subsidiaries include Clarkdale Minerals, LLC and Clarkdale Metals Corp.


PINL:SRCH - Post by User

Bullboard Posts
Post by ontheDLon Dec 09, 2011 11:49am
166 Views
Post# 19307429

ACCOMPLISHED! MOONLIGHT Porphyry Copper Project

ACCOMPLISHED! MOONLIGHT Porphyry Copper Project

https://www.canyoncc.com/s/Home.asp

CORPORATE OBJECTIVES

Identify and develop world-class mining properties

Highly regarded management team will advance the corporate vision

Aggressive drill program to expand current NI 43-101 Oxide Copper resource

Develop database for economic scoping study

Target: a 200 million tonne Copper/Molybdenum/Gold Sulphide resource andbecome a near term producer :ACCOMPLISHED! MOONLIGHT Porphyry Copper Project

Establish a project pipeline of other significant Copper deposits

MOONLIGHT INDICATED RESOURCE GRADE-TONNAGETABLE

Cutoff Tons > Cutoff Grade > Cutoff
(Cu%) (tons) Cu(%) Au (oz/t) Ag (oz/t)
0.20 161,570,000 0.324 0.003 0.099
0.25 114,570,000 0.366 0.003 0.112
0.30 76,150,000 0.413 0.003 0.124


MOONLIGHT INFERRED RESOURCE GRADE-TONNAGETABLE

Cutoff Tons > Cutoff Grade > Cutoff
(Cu%) (tons) Cu(%) Au (oz/t) Ag (oz/t)
0.20 88,350,000 0.282 0.003 0.089
0.25 48,820,000 0.329 0.003 0.107
0.30 23,720,000 0.390 0.003 0.118
Bullboard Posts