Searchlight Resources Acquires Additional Claims at Kulyk Lake
TSXV: SCLT US: CNYCF| 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
November 8, 2021
Searchlight Resources Acquires
Additional Claims at Kulyk Lake
Vancouver, British Columbia, November 8, 2021 - Searchlight Resources Inc. (“Searchlight” or the
“Company”) (TSXV: SCLT, US: CNYCF, FSE: 2CC2) has completed additional staking on the Kulyk
Lake Rare Earth and Uranium projects located approximately 165 kilometres north of La Ronge,
Saskatchewan, and 65 km south of the Key Lake Mine.
Highlights
• Expand Kulyk Lake Claims from 105.4 sq km to 317.1 sq km
• Addition of Ms. Holly Millar as Director of Corporate Communications
• Resignation of Director Peter Ball
The Kulyk Lake claim block has been expanded from 105.4 sq km to 317.1 sq km (Map 1). This block
covers 38 Rare Earth, Uranium and Thorium showings. This includes the Kulyk Lake trenching, which
yielded results of 45.1% TREO and 10.08% CREO over 0.6 metres , and 24.44% TREO and 5.49%
CREO over 0.7 metres. (Note: TREO = Total Rare Earth Oxides and CREO = Critical Rare Earth Oxides
which is the sum of Pr6O11 + Nd2O3 + Tb4O7 + Dy2O3.)
“Searchlight has consolidated its claim position in Kulyk Lake in the wake of a significant uranium-based
staking rush in Saskatchewan”, stated Stephen Wallace, CEO. “The new claims strengthen our position
after the Company’s successful expansion of the Kulyk Lake REE target , and the discovery of a new
Uranium Zone.”
Director of Corporate Communications
The Company announced today that Holly Millar has joined Searchlight Resources as the Director of
Corporate Communications. Ms. Millar has more than 10 years of experience in digital and traditional
marketing and client services. Holly graduated from McGill University in Montreal with a Bachelor of Arts
degree. Holly’s focus will be on investor and stakeholder communications . S he is responsible for
managing the company’s digital and online presence, including web and social media.
TSXV: SCLT US: CNYCF| 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Searchlight has granted incentive stock options to Ms. Millar to purchase 100,000 common shares of
the Company at a price of $0.10 per share. The stock option grant is subject to regulatory approval.
Map 1. Searchlight Resources Expanded Kulyk Lake Property Claims
Resignation of Director
The Company announces the resignation of Peter Ball from its Board of Directors. The Company
thanks Mr. Ball for his contributions and wishes him well in his future endeavors.
Qualified Person
Stephen Wallace, P.Geo., is Searchlight's Qualified Person within the meaning of National Instrument
43-101 and has reviewed and approved the technical information contained in this news release.
TSXV: SCLT US: CNYCF| 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
About Searchlight Resources Inc.
Searchlight Resources Inc. (TSXV:SCLT, US:CNYCF, FSE:2CC2) is a Canadian mineral exploration
and development company focused on Saskatchewan, Canada, which has been ranked as the top
location for mining investment in Canada by the Fraser Institute. Exploration focus is on gold and battery
minerals throughout the Province, concentrating on projects with road access.
Searchlight holds a 427.6 square kilometre land position within the gold and base metal rich Flin Flon -
Snow Lake Greenstone Belt. The Company is currently advancing its Bootleg Lake Gold Project which
hosts four past producing high-grade gold mines, located in Saskatchewan, less than 10 km from Flin
Flon, Manitoba.
On behalf of the Board of Directors,
“Stephen Wallace”
Stephen Wallace, President, CEO and Director
SEARCHLIGHT RESOURCES INC.
For further information, visit the Company’s website at www.searchlightresources.com or
contact:
Searchlight Resources Inc.
Alf Stewart, Chairman
(604) 331-9326
Forward-Looking Statements
Information set forth in this news release contains forward -looking statements that are based on
assumptions as of the date of this news release. These statements reflect management’s current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The
Company cautions that all forward -looking statements are inherently uncertain and that actual
performance may be affected by a number of material factors, many of which are beyond the Company’s
control. Such factors include, among other things: risks and uncertainties relating to the Company’s
limited operating history and the need to comply with env ironmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materially from the estimates,
beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as
TSXV: SCLT US: CNYCF| 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
required under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information.
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