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Searchlight Resources Reports MMI Results from Kulyk Lake Critical Elements Project
Surveys highlight known occurrences and new zones of anomalous Uranium and Rare Earths 242 M...
About this update from Searchlight Resources Inc.
[{"type":"text","content":"Searchlight Resources Reports MMI Results from Kulyk Lake Critical Elements ProjectSurveys highlight known occurrences and new zones of anomalous Uranium and Rare Earths242 Mobile Metal Ion samples collected from 2 gridsVANCOUVER, BC / ACCESSWIRE / February 21, 2023 / Searchlight Resources Inc. (\"Searchlight\" or the \"Company\") (TSXV:SCLT)(OTCQB:SCLTF) is pleased to report results of Mobile Metal Ion (MMI) surveys on the Kulyk Lake Critical Elements project located approximately 165 km north of La Ronge, Saskatchewan, and 65 km south of the Key Lake Uranium Mill.During the second half of 2022, Searchlight conducted MMI surveys covering known radiometric uranium and thorium anomalies on the Kulyk Lake Critical Elements project. The MMI results highlight known occurrences as well as new zones of anomalous rare earths (Map 1) and uranium (Map 2).The plan for 2023 includes the expansion of these MMI surveys, follow-up prospecting, geological mapping, and additional airborne radiometric surveys on the southern portion of the claim block.\"With every exploration phase at Kulyk Lake, Searchlight continues to find new rare earth and uranium targets, which appear to be linked together in a pegmatite system extending along both sides of Kulyk Lake. This is just the start of an exciting future for this project\", stated Stephen Wallace, Searchlight's CEO.According to SGS Canada Inc, the developers of this technology, Mobile Metal Ion (MMI) geochemistry is a proven advanced geochemical exploration technique known to find mineral deposits. MMI™ measures metal ions that travel upward from mineralization to unconsolidated surface materials such soil, till, sand and other media. Using careful soil sampling strategies, sophisticated chemical ligands, and ultra sensitive instrumentation, SGS is able to measure these ions. After interpretation, MMI data can indicate anomalous areas.Source: SGS website, https://www.sgs.com/en-ca/services/mobile-metal-ions-mmiMap 1. Critical Rare Earth Oxides (CREO) results from 2022 MMI survey at Kulyk LakeCritical Rare Earth Oxides (CREO) = Dysprosium + Neodymium + Praseodymium + Terbium Map 2 Uranium results from 2022 MMI survey at Kulyk Lake Qualified PersonStephen Wallace, P.Geo., is Searchlight's Qualified Person within the meaning of National Instrument 43-101 and has reviewed and approved the techn...