Search Minerals Inc. (TSX.V: SMY) (OTC: SHCMF) announced it has commissioned SGS Canada Inc. to conduct a scoping study and metallurgical test work program for its Critical Rare Earth Element (CREE) district in southeastern Labrador. The scoping study will focus on optimizing concentrate production and reducing acid demand to support future economic studies and project development, according to a press release from the company.
The company also named Dr. David Dreisinger as a technical advisor to support metallurgical and process development efforts, strengthening its technical team as it advances its DEEP FOX and FOXTROT projects. Dr. Dreisinger is a renowned expert in hydrometallurgy and will provide guidance as Search Minerals continues to refine its patented Direct Extraction Process technology.
Search Minerals controls a belt 64 km long and 2 km wide in the Port Hope Simpson – St. Lewis CREE District of South-east Labrador. The area is road accessible, on tidewater, and located near three local communities. The company has completed a preliminary economic assessment report with resource estimates for FOXTROT and DEEP FOX projects. Additionally, Search is working on four exploration prospects along the belt: FOX MEADOW, SILVER FOX, FOX RUN, and AWESOME FOX.
The results of the scoping study are expected to inform future economic studies and project development decisions. The company has continued to optimize its patented Direct Extraction Process technology with support from the Department of Energy and Mines, Government of Newfoundland and Labrador, and from the Atlantic Canada Opportunity Agency. Search Minerals has completed two pilot plant operations and produced highly purified mixed rare earth carbonate concentrate and mixed REO concentrate for separation and refining.
This news is important because rare earth elements are critical for many modern technologies, including electric vehicles, wind turbines, and defense systems. By advancing its projects in Labrador, Search Minerals could contribute to a more diverse and secure supply chain for these essential materials, reducing reliance on foreign sources. The appointment of Dr. Dreisinger and the engagement of SGS Canada demonstrate a commitment to technical excellence and process optimization, which are key to economic viability.
The latest news and updates relating to SHCMF are available in the company’s newsroom at https://ibn.fm/SHCMF. For the full press release, visit https://ibn.fm/zzFIS.
