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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Search Minerals Inc. is an integrated mineral exploration and development company, which is focused on the acquisition, exploration, and development of rare earths elements (REE) mineral properties in Labrador. It focuses on developing critical rare earths elements (CREE), Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. It controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. It also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.


TSXV:SMY - Post by User

Post by Dariuszon Oct 21, 2021 3:46am
190 Views
Post# 34031081

MOU with USA Rare Earth

MOU with USA Rare Earth
While this is a 'MOU' we can clearly see that collaboration with USA Rare Earths is tightening. Nothing fluff about this one. I expect that this will be a firm agreement soon enough. They also injected another $450,000 into Search which will come in handy and help to push forward with the current projects. I liked hearing that they are continuing with environmental baseline studies - Important. Perfect timing with this news with around a week before we get the drill results. Let's heat up the market a little!! Hopefully we will have an exciting Thursday and next few days and then the drill results might make a lot of noise. Anyhow ... any other thoughts? Is this news going to move our SP?
 
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