Searchlight Minerals Corp SRCH

Metals & Mining Industrial Metals & Minerals

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.

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Searchlight Minerals Corp > One more thought

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Comment by DarkGreenon May 27, 2018 8:28am

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RE:RE:RE:RE:One more thought

The fact they staked more ground makes it legal for them to hold on to the assays . I think they call it tight hole status ,the oil companies did this back in the old days in the oil boom when they were wild catting in order to get more land in their new found areas .

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