tiprankstipranks
Trending News
More News >

Searchlight Resources Expands Uranium Portfolio with New Claims in Athabasca Basin

Story Highlights
  • Searchlight Resources stakes two new mineral claims in the Eastern Athabasca Basin.
  • The new claims align with Searchlight’s strategy to expand its uranium project portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Searchlight Resources Inc ( (TSE:SCLT) ) has issued an update.

Searchlight Resources Inc. has staked two new mineral claims in the Eastern Athabasca Basin, Northern Saskatchewan, covering 3,902.8 hectares. These claims are strategically located near existing infrastructure and within proximity to historical drill holes with anomalous uranium and rare earth values. This move aligns with Searchlight’s strategy to expand its uranium project portfolio, which includes the Duddridge Lake Uranium Deposit. The company plans to conduct detailed geological evaluations and future exploration on these claims.

More about Searchlight Resources Inc

Searchlight Resources Inc. is a Canadian mineral exploration and development company focused on Saskatchewan, Canada. The company employs a Project Generation and Targeted Exploration model, concentrating on battery minerals and gold throughout the province.

Average Trading Volume: 194,017

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.47M

For a thorough assessment of SCLT stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App