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Searchlight Resources Inc: Searchlight Resources Stakes Additional Claims on the Kulyk Lake Critical Rare Earth Project


Searchlight Resources Inc: Searchlight Resources Stakes Additional Claims on the Kulyk Lake Critical Rare Earth Project
including 7.64%
Dysprosium Oxide (
Dy2O3)
The Kulyk Lake high-grade rare earth target represents a significant opportunity for Searchlight, with the increased interest by Canadian Federal and Provincial governments in rare earth elements, particularly the critical elements Neodymium and Dysprosium. Saskatchewan is also developing Canada s first Rare Earth Processing Facility at the Saskatchewan Research Council in Saskatoon, which further advances rare earth development in Canada , stated Stephen Wallace, President and CEO of Searchlight.
Searchlight acquired the project by staking as part of the Company s systematic evaluation of exploration targets in Saskatchewan. Historically, the Kulyk Lake area had been explored for uranium, followed by preliminary rare earth exploration in 2009 and 2010. ....

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