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Search Minerals Inc V.SMY

Alternate Symbol(s):  SHCMF

Metals & Mining Industrial Metals & Minerals
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

Search Minerals Inc
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Post by Dariuszon Oct 29, 2021 2:33pm
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Post# 34065120

REEs & Search in the media;

REEs & Search in the media;"Prices of praseodymium-neodymium oxide, or NdPr -- two of the 17 rare earth elements that are used in NdFeB magnets -- spiked to 735,000 yuan ($115,000) a metric ton as of Thursday, the highest since November 2011, according to data from Shanghai Steelhome E-Commerce. Prices have almost doubled this year. " https://www.bloomberg.com/news/articles/2021-10-29/china-s-rare-earth-prices-spike-as-power-crisis-impacts-supplies


https://www.globenewswire.com/en/news-release/2021/09/29/2305678/0/en/Search-Minerals-Providing-80-Tonnes-of-Bulk-Sample-Material-for-Magnetic-Pilot-Plant-Testing.html

Take a look at this article and pay attention to "Phase 4" ... Neodymium metal of suitable quality to qualify for the production of Neodymium based magnets is one of the main goals for Search. BullsEye !!!
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