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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

Comment by AlmightyVoiceon May 10, 2018 1:59pm
60 Views
Post# 28013113

RE:Rumor has it Assay results are quite positive

RE:Rumor has it Assay results are quite positiveA lot of shares are trading back and forth for such a small float.   I'm guessing it does not represent that many shares on surface - maybe just a few hundred thousand shares.    
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