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Searchlight Resources Highlights Additional Gold Exploration Targets on the Bootleg Lake Gold Project in Saskatchewan
Secondary processing of Airborne Magnetic data outlines gold exploration targets in zones of stru...
About this update from Searchlight Resources Inc.
[{"type":"text","content":"Searchlight Resources Highlights Additional Gold Exploration Targets on the Bootleg Lake Gold Project in SaskatchewanSecondary processing of Airborne Magnetic data outlines gold exploration targets in zones of structural complexity. Structurally complex zones correspond with known gold deposits.Approximately 15 new structurally complex zones identified as gold exploration targets.Vancouver, British Columbia--(Newsfile Corp. - June 23, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) (\"Searchlight\" or the \"Company\") is pleased to present the results of secondary data processing of airborne magnetic data on the Company's Bootleg Lake Gold project, located in Saskatchewan, approximately 7 km southwest of Creighton, Saskatchewan and Flin Flon, Manitoba.Searchlight conducted an Airborne Magnetometer survey targeting priority areas within the 49.9-sq km Bootleg Lake claims. A total of 359 line-km was flown at 50 m spacing, covering approximately 16 sq km, which included the Rio, Henning-Maloney and Newcor past-producing gold mines. The magnetic survey data were further processed using Oasis montaj TM CET Grid Analysis system, which analyzes the texture of magnetic data to detect areas of structural complexity which may be indicative of potential deposits. CET Grid Analysis identifies regions of discontinuity, and analyzes structural associations to locate crossings, junctions, and changes in strike direction. The system creates heat maps of the density of structural contacts and diversity in strike structures, which help to identify prospective deposit locations. Analysis of the Bootleg Lake magnetic data identified areas of structural complexity corresponding to the Rio, Henning-Maloney and Wekach Mines, all situated along the Rio Fault Zone (Map 1). Approximately 15 additional zones of structural complexity were identified, including multiple zones close to the West Arm Shear Zone, one of the major structures in the western Flin Flon Greenstone Belt. These areas are favourable for follow-up drill-testing for gold mineralization. \"The survey produced high-quality results, with the heat map highlighting both the Rio and Henning-Maloney mines as structurally complex areas and highlighting the Rio Fault as an excellent exploration target for further gold exploration,\" stated Stephen Wallace, CEO. \"The survey...