Searchlight Resources Stakes Jan Lake Pegmatites
TSXV : SCLT US : SCLTF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
December 6, 2022
Searchlight Resources Stakes Jan Lake Pegmatites
• Staking of Jan Lake Pegmatites located 60 km west of Creighton, Saskatchewan and
Flin Flon, Manitoba
• New 148.6 sq km claim block. Highway 106 runs through claim block
• Historic sampling indicates anomalous Rare Metals including Beryllium, Rubidium,
Gallium, Tantalum, Cesium and Lithium
Vancouver, British Columbia, December 6, 2022 - Searchlight Resources Inc. ("Searchlight"
or the "Company") (TSXV:SCLT),(OTC PINK:SCLTF) is pleased to announce the staking of
Jan Lake Pegmatites located approximately 60 kilometres west of Creighton, Saskatchewan,
and Flin Flon, Manitoba.
Searchlight has staked a 148.6 sq km claim block covering the Jan Lake Aplogranite
Pegmatite sheets and other mapped Rare Element Pegmatites located approximately 60
kilometres west of Creighton, Saskatchewan. These claims are 100% owned by Searchlight,
with no royalty obligation. Highway 106 crosses the new claims, providing Searchlight with
immediate exploration infrastructure and access to the pegmatite targets. These claims are
adjacent to, and north of Searchlight's Hanson Lake Rare Metals claim block (Map 1).
Previous work in the area was largely limited to regional mapping which identified multiple
pegmatite units, but they were not sampled or chemically defined. In addition, a few academic
papers and a single exploration program focused on rare metal pegmatites within 1 kilometer
of Highway 106. Some of the pegmatites within the new claim block have been mapped as
beryllium pegmatites, with anomalous Beryllium, Rubidium, Gallium, Tantalum, Cesium and
Lithium.
"This newly staked area is a significant addition to Searchlight's portfolio of high value critical
element targets in Saskatchewan. The Jan Lake Pegmatites had been on Searchlight's
exploration radar for some time, and staked immediately when the area became open", stated
Stephen Wallace, Searchlight's CEO.
TSXV : SCLT US : SCLTF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
Map 1. Location of Searchlight's Jan Lake Pegmatite Claims in Saskatchewan
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),(OTC PINK:SCLTF) 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 battery minerals and gold throughout the province, concentrating on
projects with nearby infrastructure.
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
TSXV : SCLT US : SCLTF | 604.331.9326 | 408-1199 West Pender Street, Vancouver, BC V6E 2R1 | searchlightresources.com
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 environmental 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 required
under applicable securities legislation, the Company undertakes no obligation to publicly
update or revise forward-looking information.
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SOURCE: Searchlight Resources Inc.