Searchlight Resources Mobilizes Drill to Henning-Maloney Gold Target
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
February 24, 2021
Searchlight Resources Mobilizes Drill to
Henning-Maloney Gold Target
• Drilling at Beatty South Copper project will follow.
Vancouver, British Columbia, February 24, 202 1 - Searchlight Resources Inc. (“Searchlight” or the
“Company”) (TSXV:SCLT, US:CNYCF) is pleased to announce that a diamond drill rig and geological
team have been mobilized to the Henning-Maloney gold target located 6 kilometres south of Creighton,
Saskatchewan, and the historic Flin Flon mining camp.
The Henning-Maloney drill program is part of the 49.9 sq km Bootleg Lake Gold project which covers
four past-producing gold mines, including Henning-Maloney. The drill target area is approximately 6 km
south of Creighto n and Flin Flon, and 600 metres along a groomed winter road, from the main all -
weather road. The drill program of 3 NQ diamond drill holes is designed to verify historic gold
mineralization and to drill beneath the past-producing gold mine.
Upon completion of this drill program, the drill will be moved to the Beatty South Copper project located
about 25 km from Henning-Maloney by highway and all-weather roads (Map 1).
“It is great to have the drill on-site to start the 2021 winter exploration program”, stated Stephen Wallace,
President and CEO of Searchlight. “This is one of the two planned drill programs targeting high priority
copper and gold targets in the Flin Flon Greenstone Belt”.
English Bay Project
On February 18, 2021 Searchlight terminated the English Bay option. After extensive lab and visual
analysis of the drill core , the Company could not verify the gold results described by the vendor in
multiple drill reports submitted to the Saskatchewan government.
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Map1: Location of Beatty South and Henning-Maloney Drill Targets
Searchlight Resources claims shaded green.
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:CYNCF) 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 located
in Saskatchewan, less than 10 km from Flin Flon, Manitoba, and which hosts four past producing high-
grade gold mines.
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
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.
TSXV : SCLT US : CNYCF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
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