The report presents a comprehensive analysis of historic and current exploration, and the project's overall potential. This will provide valuable information for shareholders, investors, and stakeholders, and can be accessed and downloaded at www.searchlightresources.com.
This NI 43-101 Technical Report on the
'We are excited to announce the completion of this comprehensive review of exploration in the
Key highlights from the report include: A comprehensive summary of past exploration prior to Searchlight's work on Kulyk Lake Claims, including the 2009 high-grade rare-earth discovery by a previous company.
A summary of exploration carried by Searchlight Resources from 2021 to 2023.
3. Geological evaluation which enhances the understanding of the project's geology and validates the presence of different deposit types hosting the Rare Earths and Uranium mineralization. Notably, a hybrid deposit model is set out based on published academic studies on the Rare Earths mineralization. Also, a second style of uranium mineralization analogous to the
4. The NI 43-101 report provides recommendations for future exploration work based on the findings and potential of the project. Searchlight endorses these recommendations and has filed for an exploration permit to carry out a further phase of work at
The Kulyk Lake Technical report has been authored by
About Searchlight Resources - Where the Critical Elements Supply Chain Begins
Contact:
Tel: (604) 331-9326
Email: info@searchlightresources.com
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
(C) 2023 Electronic News Publishing, source