Search Minerals Inc. , is pleased to announce that InCoR Holdings Limited has agreed to convert its convertible debenture of the Company in the principal amount of $1,000,000, as of November 11, 2020. Additionally, Springhill Investments Ltd. has agreed to convert its convertible debenture of the Company in the principal amount of $500,000, as of [...]
Search Minerals Inc. and USA Rare Earth, LLC are pleased to announce that they have entered into a Technical Collaboration Framework Agreement to govern initial cooperation between USA Rare Earth and Search in a number of important areas of mutual interest. Search holds patented Direct Extraction Process technology and owns 100% of a Critical Rare [...]
Search Minerals Inc. is pleased to announce that the Company has signed a Memorandum of Understanding with the Saskatchewan Research Council . The Government of Saskatchewan recently announced $31 million in funding for a Rare Earth Processing Facility in Saskatoon that will be owned and operated by SRC. The SRC Rare Earth Processing Facility is [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from FOX MEADOW, a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , a UAV magnetic survey and mapping/prospecting outline two mineralized zones on the surface at FOX MEADOW: the NW zone is up to 175m [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from SILVER FOX, a fourth major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , and mapping/prospecting indicate that the surface expression of this mineralized zone is up to 8.8m wide and 1120m long. This [...]
Search Minerals Inc. is pleased to report 2020 channel assays for Critical Rare Earths Elements , Zirconium and Hafnium from the AWESOME FOX project in the Port Hope Simpson – St. Lewis CREE District. Mineralized zones, on the surface, at Awesome Fox are at least 850 m long and up to 43m wide; seven channels, totaling 257.91 m were trenched and 500 [...]
Search Minerals Inc. is pleased to report that its 2020 exploration program for Critical Rare Earths Elements , Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District has been completed. Mineralized zones, on the surface, have been expanded at the Awesome Fox, Silver Fox and Fox Meadow prospects; a total of 606 m of channel were [...]
Search Minerals Inc. is pleased to announce that the Company closed its non-brokered secured convertible debenture private placement for gross proceeds of $500,000, as initially announced on June 10, 2020. The Debenture has a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and [...]
Search Minerals Inc. is pleased to announce a non-brokered secured convertible debenture private placement for gross proceeds of $500,000. The Debenture has a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and paid semi-annually. The Debenture will be convertible into units [...]
Search Minerals Inc. is pleased to report that its 2020 exploration program for Critical Rare Earths Elements , Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District has begun. EXPECTATIONS FOR THE 2020 EXPLORATION PROGRAM Program time line – Completed by August 2020 FOX MEADOW program aims to expand the previously successful [...]
Search Minerals is pleased to acknowledge receipt of a grant of $57,600.62 from the Province of Newfoundland and Labrador towards exploration work completed in 2019 on the Company’s Critical Rare Earth Element claims located near the communities of St. Lewis and Port Hope Simpson in Southeastern Labrador. Greg Andrews, President and CEO of Search [...]
Search Minerals Inc. , is pleased to announce that the Company intends to amend the term of a total of 23,495,821 outstanding common share purchase warrants previously issued pursuant to the Company's rights offering that closed on July 5, 2018 and private placement that closed on July 11, 2018 . Pursuant to the Rights Offering, the Company issued [...]