Search Minerals Inc. (SMY.V)
- GlobeNewswire
Search Minerals Announces Positive Preliminary Economic Assessment for the Deep Fox and Foxtrot Rare Earth Element Project With $2.23 Billion NPV(8)
Net Present Value – NPV(8) of $2.23 B (pre-tax) and NPV(8) of $1.31 B (after-tax)Internal Rate of Return (IRR) – 55.3% (pre-tax) and 41.5% (after-tax)Capital Payback Period – 1.5 Years (pre-tax) and 1.8 Years (after-tax)Initial Capital Costs - $ 422MApprox. Annual production- 1437t - Magnet Rare Earths Oxides (Nd+Pr:1291t Dy:125t Tb:21t) VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), is pleased to announ
- GlobeNewswire
Search Minerals Commencing Deep Fox 14000m Drill Program and Provides Corporate Update
VANCOUVER, British Columbia, May 31, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), is pleased to provide the following update related to our planned 2022 activities. Greg Andrews, President/CEO comments: “Our team will be working very hard to advance these 2022 activities. Activities needed to continue our “Sprint to Production” as Search seeks to build a secure, sustainable rare earth supply chain in Newfoundland and Labrador to supply Can
- GlobeNewswire
Search Minerals Acknowledges Junior Exploration Assistance From Government of Newfoundland and Labrador
VANCOUVER, British Columbia, May 24, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”) is pleased to acknowledge receipt of a grant of $90,000 from the Province of Newfoundland and Labrador towards exploration work completed in 2021 on the Company’s Critical Rare Earth Element (CREE) claims located near the communities of St. Lewis and Port Hope Simpson in Southeastern Labrador. Greg Andrews, President and CEO of Search Minerals states, “Search
