Bullboard - Stock Discussion Forum 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... see more

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Search Minerals Inc > Increased DEEP FOX and FOXTROT Mineral Resource Estimates

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Post by Betteryear2 on Apr 11, 2022 6:19am

Increased DEEP FOX and FOXTROT Mineral Resource Estimates

VANCOUVER, British Columbia, April 11, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), is pleased to announce updated Mineral Resource Estimates by SLR Consulting (Canada) Ltd. (SLR) for the DEEP FOX and FOXTROT Critical Rare Earth Element (“CREE”) properties in South-East Labrador. The Mineral Resource estimate for DEEP FOX includes results from the recently completed Phase 3 drill program, new metallurgy recovery data, and updated rare earth price forecasts. The updated FOXTROT resource estimate is based on the previous drill programs, new metallurgy recovery data, and updated rare earth price forecasts. The resource estimates for both properties are based on an open pit/underground (OP/UG) mining scenario and will form the basis of the upcoming Preliminary Economic Assessment (“PEA”).

Search Minerals Announces Increased DEEP FOX and FOXTROT Mineral Resource Estimates

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