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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.