Searchlight Resources Completes Airborne Magnetic Survey at Robinson Creek Gold Project
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
February 11, 2022
Searchlight Resources Completes
Airborne Magnetic Survey
at Robinson Creek Gold Project
Vancouver, British Columbia, February 11, 2022 - Searchlight Resources Inc. (“Searchlight” or the
“Company”) (TSXV:SCLT, US:CNYCF , FSE 2CC2 ) is pleased to announce the completion of an
Airborne Magnetic Survey at the Robinson Creek Gold project , located approximately 15 km west of
Creighton, Saskatchewan, in the historic Flin Flon mining camp.
• Airborne Magnetic Survey completed
• Magnetic Survey and Historical Drill Holes outline Gold Zones along
Mosher Lake Shear Zone
The Robinson Creek Gold Project consists of 7 claim blocks covering 2.93 square km located
approximately 15 km northwest of Searchlight’s Bootleg Lake claims. The project was optioned in July
2021, and in September 2021 Searchlight completed an Airborne Magnetic Survey covering the entire
claim block at 50 m line spacing. The survey results highlight the area of historical drilling along the
Mosher Lake Shear Zone (Map 1).
“At Searchlight, we are encouraged that the airborne survey shows good correlation with gold
mineralization from past drilling, and also suggests further potential along strike and at depth”, said
Stephen Wallace, Searchlight’s CEO.
Concurrent with this airborne survey, an initial site visit was made in September 2021, confirming the
presence of gold mineralization with multiple grab samples assaying over 10 g/t gold, including
samples of 19.31 g/t Au and 17.17 g/t Au. See October 7, 2021 press release
https://searchlightresources.com/news/2021/searchlight-resources-samples-up-to-19.31-gram-tonne-
gold-at-robinson-creek-gold-target-in-saskatchewan/ .
The Robinson Creek target comprises three gold zones - the Vein, Bleiler, and Quartz Zones - over a
strike length of approximately 1 km along the Mosher Lake Shear Zone. The Robinson Creek target is
a structurally controlled mesothermal lode gold system, with considerable historical exploration which
includes geologic mapping, trenching, soil surveys, airborne and ground geophysical surveys, and 70
diamond drill holes.
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
The Company continues the digitizing and interpretation of the historic drilling. Planning is underway
for a summer field program of trenching, sampling, and mapping to determine the full extent of surface
mineralization.
Map 1: Robinson Creek Gold Project – Historical Drill Holes overlaid on Total Magnetic Intensity (nT)
Hanson Lake Rare Metals Project
Searchlight is also p leased to announce that the Company has entered an option agreement with
Willgrass Resources Inc . (“Willgrass”) of Cochrane, Alberta, Canada , on the Hanson Lake project .
This project, which covers 1,236 hectares, is located in Saskatchewan, approximately 65 km west of
the world-class mining centre of Flin Flon.
• Option enables Willgrass to earn 50% interest in Hanson Lake project
• 50/50 Joint Venture to be finalized on completion of option
• Exploration targets include Base Metals and Rare Element Pegmatites
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
The option agreement enables Willgrass to earn a 50% interest in the project by completing
assessment work of $50,000. On the completion of this expenditure , Searchlight and Willgrass wi ll
form a 50/50 joint venture to continue exploration on the Hanson Lake claim . Highway 106 crosses
this claim, and the base metal and pegmatite targets are located within a kilometre of the highway.
“We are pleased to welcome Willgrass as a partner in exploring this area, which is prospective for both
Base Metals and Rare Metals. We look forward to leveraging Willgrass’s experience in the area for our
mutual benefit”, said Stephen Wallace, CEO of Searchlight.
About Searchlight Resources Inc.
Searchlight Resources Inc. (TSXV:SCLT; US:CYNCF ; 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, uranium
and battery minerals throughout the Province.
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, VP Corporate Development
(604) 331-9326
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TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
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