Drilling at Beatty South Copper venture will followSearchlight Sources Inc. is happy to announce {that a} diamond drill rig and geological crew have been mobilized to the Henning-Maloney gold goal situated 6 kilometres south of Creighton, Saskatchewan, and the historic Flin Flon mining campThe Henning-Maloney drill program is a part of the 49.9 sq km Bootleg Lake Gold venture which covers 4 past-producing gold …
- Drilling at Beatty South Copper venture will comply with
Searchlight Resources Inc. (“Searchlight” or the “Firm”) (TSXV:SCLT)(OTC PINK:CNYCF) is happy to announce {that a} diamond drill rig and geological crew have been mobilized to the Henning-Maloney gold goal situated 6 kilometres south of Creighton, Saskatchewan, and the historic Flin Flon mining camp
The Henning-Maloney drill program is a part of the 49.9 sq km Bootleg Lake Gold venture which covers 4 past-producing gold mines, together with Henning-Maloney. The drill goal space is roughly 6 km south of Creighton and Flin Flon, and 600 metres alongside a groomed winter highway, from the primary all-weather highway. The drill program of three NQ diamond drill holes is designed to confirm historic gold mineralization and to drill beneath the past-producing gold mine.
Upon completion of this drill program, the drill shall be moved to the Beatty South Copper venture situated about 25 km from Henning-Maloney by freeway and all-weather roads (Map 1).
“It’s nice to have the drill on-site to begin the 2021 winter exploration program”, said Stephen Wallace, President and CEO of Searchlight. “This is likely one of the two deliberate drill packages focusing on excessive precedence copper and gold targets within the Flin Flon Greenstone Belt”.
English Bay Undertaking
On February 18, 2021 Searchlight terminated the English Bay possibility. After intensive lab and visible evaluation of the drill core, the Firm couldn’t confirm the gold outcomes described by the seller in a number of drill studies submitted to the Saskatchewan authorities.
Map1: Location of Beatty South and Henning-Maloney Drill Targets
Searchlight Resources claims shaded inexperienced.
Certified Individual
Stephen Wallace, P.Geo., is Searchlight’s Certified Individual inside the that means of Nationwide Instrument 43-101 and has reviewed and permitted the technical data contained on this information launch.
About Searchlight Resources Inc.
Searchlight Resources Inc. (TSXV:SCLT)(OTC PINK:CNYCF) is a Canadian mineral exploration and improvement firm centered on Saskatchewan, Canada, which has been ranked as the highest location for mining funding in Canada by the Fraser Institute. Exploration focus is on gold and battery minerals all through the Province, concentrating on tasks with highway entry.
Searchlight holds a 427.6 sq. kilometre land place inside the gold and base steel wealthy Flin Flon – Snow Lake Greenstone Belt. The Firm is at the moment advancing its Bootleg Lake Gold Undertaking situated in Saskatchewan, lower than 10 km from Flin Flon, Manitoba, and which hosts 4 previous producing high-grade gold mines.
On behalf of the Board of Administrators,
“Stephen Wallace”
Stephen Wallace, President, CEO and Director
Searchlight Resources Inc.
For additional data, go to the Firm’s web site at www.searchlightresources.com or contact:
Searchlight Resources Inc.
Alf Stewart, VP Company Improvement
(604) 331-9326
info@searchlightresources.com
Ahead-Trying Statements
Data set forth on this information launch comprises forward-looking statements which can be based mostly on assumptions as of the date of this information launch. These statements replicate administration’s present estimates, beliefs, intentions and expectations. They don’t seem to be ensures of future efficiency. The Firm cautions that each one forward-looking statements are inherently unsure and that precise efficiency could also be affected by quite a lot of materials elements, a lot of that are past the Firm’s management. Such elements embody, amongst different issues: dangers and uncertainties regarding the Firm’s restricted working historical past and the necessity to adjust to environmental and governmental laws. Accordingly, precise and future occasions, circumstances and outcomes could differ materially from the estimates, beliefs, intentions and expectations expressed or implied within the forward-looking data. Besides as required beneath relevant securities laws, the Firm undertakes no obligation to publicly replace or revise forward-looking data.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
SOURCE: Searchlight Resources Inc
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