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.
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