Highlights

• Kulyk Lake High-Grade Samples include:

  • 56.18% TREO, including 12.49% CREO in historic grab sample including 9.61% Neodymium Oxide (Nd₂O₃), and 1,194 ppm Dysprosium Oxide (Dy₂O₃)
  • 45.10% TREO, including 10.08% CREO in historic 0.6m trench sample including 7.64% Neodymium Oxide (Nd₂O₃), and 1,114 ppm Dysprosium Oxide (Dy₂O₃)
• 2021 Airborne Survey indicates extensive thorium - REE Zone
• 2022 Prospecting found new zones of 0.9% TREO
• Focus on Neodymium and Dysprosium which are critical elements for permanent magnets
• Overlaps with Kulyk Lake Uranium Target
• Saskatchewan is developing Canada’s first Rare Earth Processing Facility at the Saskatchewan Research Council.

Location

The Kulyk Lake North Rare Earth Project is located approximately 165 kilometres north of La Ronge, Saskatchewan and 65 km south of the Key Lake Uranium Mine.

Searchlight claims equal 317.1 sq km

 

Assays

The focus is on four critical Rare Earths, Dysprosium (Dy₂O₃ assay), Neodymium (Nd₂O₃ assay), Praseodymium (Pr₆O₁₁ assay) and Terbium (Tb₄O₇ assay).

Selected assays from 2009 and 2010:

Kulyk Lake 43-101 Technical Report

Technical Report For The Kulyk Lake Property, Saskatchewan, Canada - Click to view PDF