Searchlight Resources Completes Drill Hole Compilation at Robinson Creek Gold Project
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
February 23, 2022
Searchlight Resources Completes Drill Hole
Compilation at Robinson Creek Gold Project
Vancouver, British Columbia, February 23, 2022 - Searchlight Resources Inc. (“Searchlight” or the
“Company”) (TSXV: SCLT, US:CNYCF, FSE 2CC2) is pleased to announce the completion of digitizing
and compilation of historical drill holes at Robinson Creek Gold project , located approximately 15
kilometres west of Creighton, Saskatchewan, in the historic Flin Flon mining camp.
Highlights
• Compilation of 70 historical drill holes from the 1940s and 1980s
• 60 drill holes have gold intersections greater than 1 g/t Au
• 45 gold intersections greater than 2.0 g/t Au over at least one metre
• Multiple wide gold intersections:
o 2.46 g/t Au over 57.60 m in DDH 81-2
o 7.59 g/t Au over 10.94 m in DDH HB-6
o 3.80 g/t Au over 21.00 m in DDH R07-1
o 2.15 g/t Au over 32.00 m in DDH 81-1
• The drill intersections and the 2021 magnetic survey outline a mineralized zone with a strike
length of approximately 1,000 metres
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. Searchlight has completed the
compilation of the historical drilling at Robinson Creek, digitizing the detailed drill logs of 70 diamond
drill holes from the 1940s and 1980s (Map 1). The results show multiple gold intersections throughout
60 drill holes, with 45 gold intersections greater than 2 g/t over at least one metre (Map 2). These
historic drill holes outline a zone of gold mineralization extending at least 1,000 m along the Mosher
Lake Shear Zone (Map 2). Significant intersections are listed in Table 1.
“At Searchlight we are assessing the Robinson Creek property from a different perspective than past
explorers. We see the potential of combining this shallow, relatively high-grade gold deposit into a
larger consolidated gold project with our brownfield Bootleg Lake Gold holdings nearby”, stated
Stephen Wallace, CEO.
The Robinson Creek Gold 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
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
exploration which includes geologic mapping, trenching, soil surveys, airborne and ground
geophysical surveys, and 70 diamond drill holes.
The Robinson Creek 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.
Concurrent with the airborne survey, an initial site visit was carried out in September 2021, confirming
the presence of gold mineralization with multiple grab samples over 10 g/t gold, including samples of
19.31 g/t Au and 17.17 g/t Au.
Planning is underway for a summer field program of trenching, sampling, and mapping to determine
the full extent of surface mineralization, and to obtain information for future drilling.
Table 1: Robinson Creek Gold Project - Significant Drill Intersections
Hole ID YEAR From To Length Grade metre @ g/t Au
metre metre metre Au g/t
HB-10 1946 57.2 60.7 3.51 5.19 3.51m @ 5.19 g/t Au
HB-11 1946 36.6 45.1 8.53 2.30 8.53m @ 2.30 g/t Au
HB-12 1946 100.0 104.4 4.36 6.70 4.36m @ 6.70 g/t Au
HB-14 1946 121.5 131.1 9.63 2.08 9.63m @ 2.08 g/t Au
HB-6 1946 129.3 140.2 10.94 7.59 10.94m @ 7.59 g/t Au
HB-7 1946 49.2 65.8 16.64 3.64 16.64m @ 3.64 g/t Au
81-1 1981 57.0 89.0 32.00 2.15 32.00m @ 2.15 g/t Au
81-1 1981 22.0 35.3 13.30 4.07 13.30m @ 4.07 g/t Au
81-2 1981 20.8 78.4 57.60 2.46 57.60m @ 2.46 g/t Au
81-2 1981 83.3 92.1 8.85 2.00 8.85m @ 2.00 g/t Au
81-7 1981 22.8 25.5 2.70 6.09 2.70m @ 6.09 g/t Au
R07-1 1987 29.6 50.6 21.00 3.80 21.00m @ 3.80 g/t Au
R07-13 1987 110.5 116.0 5.50 4.60 5.50m @ 4.60 g/t Au
R07-2 1987 113.8 116.8 3.00 6.54 3.00m @ 6.54 g/t Au
R07-4 1987 111.3 112.5 1.25 24.07 1.25m @ 24.07 g/t Au
R07-6 1987 134.8 138.7 3.90 5.96 3.90m @ 5.96 g/t Au
R07-8 1987 142.0 145.9 3.90 9.67 3.90m @ 9.67 g/t Au
R08-16 1988 47.2 59.7 12.50 2.33 12.50m @ 2.33 g/t Au
R08-19 1988 30.2 32.9 2.70 6.30 2.70m @ 6.30 g/t Au
R08-22 1988 105.7 110.7 5.00 3.35 5.00m @ 3.35 g/t Au
Disclaimer: Management cautions that the presented drill sample results are historical in nature, and Searchlight
has not undertaken any independent investigation of the sampling, nor has it independently analyzed the results
of the previous exploration wo rk to verify the results. Searchlight considers these sample results relevant, as the
Company uses historical reports and sample results to evaluate and plan future exploration programs. All drill
intercepts are drill -indicated lengths. Insufficient techni cal information exists to demonstrate the true widths of
these intersections. The technical information is derived from public documents available through the
Saskatchewan Government Ministry of Energy and Resources.
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Map 1: Robinson Creek Gold Project – Historical Drill Holes with Gold Grades, overlaid on 2021 Total
Magnetic Intensity
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Map 2: Robinson Creek Gold Project – Historical Drill Holes with Significant Gold Intersections, overlaid
on 2021 Total Magnetic Intensity
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.
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”
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
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
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 futu re 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 environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materially from the estima tes,
beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as
required under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.