Searchlight Resources Contracts SRC to Complete a Rare Earth Elements Beneficiation Study on Kulyk Lake Critical Elements Project

About this update from Searchlight Resources Inc.

[{"type":"text","content":"Searchlight Resources Contracts SRC to Complete a Rare Earth Elements Beneficiation Study on Kulyk Lake Critical Elements ProjectVANCOUVER, BC / ACCESSWIRE / November 15, 2022 / Searchlight Resources Inc. (\"Searchlight\" or the \"Company\") (TSXV:SCLT)(OTC PINK:SCLTF) is pleased to announce the Company has contracted the Saskatchewan Research Council (SRC) to undertake a Rare Earth Elements (REE) beneficiation study on a monazite sample from the Company's project at Kulyk Lake, Saskatchewan.The purpose of the testing program at SRC is to determine the most efficient beneficiation route for the monazite concentration in a sample from the Fanta occurrence at Kulyk Lake.The testing program will include the following scope of work:Chemical analysis and characterization of the Fanta sample, including ICP and X-Ray Diffraction and Particle Size Distribution.Preliminary beneficiation tests comprising heavy liquid separation, gravity and magnetic separation, and flotation.\"This testing is a major step toward understanding the chemistry of the high-grade Fanta monazite occurrence at Kulyk Lake and assessing whether the material can be processed at the SRC Rare Earth Processing Facility\", stated Stephen Wallace, Searchlight's CEO.The Kulyk Lake Critical Elements project is located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mine. The project covers 346.7 sq km, with multiple rare earth targets including the Fanta high grade REE target. The 37 Kulyk Lake claim blocks were all acquired by staking and are 100% held by Searchlight Resources with no royalties.Searchlight began staking at the Fanta occurrence in 2019 based on reports of 2009/2010 sampling, trenching, and mapping. In 2009, grab samples were collected and analyzed with a rare earth analytical package at the Saskatchewan Research Council Laboratory. Results included:56.18% TREO, including 12.49% CREO in historic grab sample AGKJR001including 9.61% Nd2O3, 2.71% Pr6O11 and 1,194 ppm Dy2O330.60% TREO, including 6.82% CREO in historic grab sample AGKJR002including 5.21% Nd2O3, 1.52% Pr6O11 and 608 ppm Dy2O3In 2010, samples from a series of follow-up trenches were similarly analysed at the Saskatchewan Research Council Laboratory. Selected results include:45.10% TREO, including 10.08% CREO in historic 0.6m trench sample DFKJR026inclu...

More updates from Searchlight Resources Inc.