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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... see more

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Searchlight Minerals Corp > New Rumour

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Post by AlmightyVoice on Jun 07, 2018 1:03pm

New Rumour

RUMOUR ONLY

SGO (Seabee Gold Operation) owned by SSR (Silver Standard Resources) is interested in or has reviewed project data.

Not too surprising because CNC has little cash in the till

Also only have an option on a percentage of this project (NMM) has the balance.

CNC has more land in the play which might be of interst to SSR.

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Comment by DarkGreen on Jun 07, 2018 1:24pm

I hope its not a Sask rumour , but they still have 700k in the till and they have hold period on the Crown mining shares .There won't be any cheap financing from what I can see right now . The rumour does make a little sense in the fact they picked up some more ground but , I won't hold my breath .

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