Vancouver - Searchlight Resources Inc. ('Searchlight' or the 'Company') (TSXV: SCLT, US: CNYCF, FSE: 2CC2) has completed staking additional claims along strike of the wholly owned Duddridge Lake Uranium Deposit, located approximately 75 kilometers northwest of La Ronge, Saskatchewan.

Highlights

Expanded Duddridge Lake Claims from 54.4 sq km to 140.7 sq km

Incorporated Sandfly Uranium - Copper showings into the claim block

Airborne Radiometric geophysics survey underway

Searchlight has added 86.3 sq km of claims to the existing Duddridge Lake claim block, for a total of 140.7 sq. km over a strike length of 40 km. The new claims extend the claim block both to the north and south of the Duddridge Lake Uranium Deposit which hosts a historic 43-101 inferred resource estimate of 227,880 tonnes, with a grade of 2.14 lbs/tonne U3O8.

The Company is presently conducting airborne radiometric and aeromagnetic surveys. The surveys are being completed by Special Projects Inc. of Calgary, using the same innovative proprietary focused crystal arrays which were instrumental in locating the boulder field which led to the discovery of the Patterson Lake South Uranium Deposit. This survey technology was recently utilized by Searchlight on the Company's Kulyk Lake Rare Earth Project.

'The recent break out of uranium prices highlights Searchlight's Duddridge Uranium deposit, which is the most southerly uranium resource in Saskatchewan, and accessible by road', stated Stephen Wallace, CEO. 'We are looking forward to the results from the Special Projects' proven technology to expand the resource area'.

The Duddridge Lake Property is described as stratabound uranium and copper mineralization with abundant polymetallic mineral occurrences associated with basal quartz conglomerate and carbonaceous-bearing lenses in red bed (hematitic) arkose. In addition to the historical copper and uranium mineral exploration, Fission Energy located and sampled 39 boulders near the known deposit in 2012. These boulders returned results of up to 1.91% uranium and 0.69% copper, plus 1,460 ppm cobalt and 5,500 ppm vanadium.

About Searchlight Resources Inc.

Searchlight Resources Inc. (TSXV:SCLT, US:CNYCF, FSE:2CC2) 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 which hosts four past-producing high-grade gold mines, located in Saskatchewan, less than 10 km from Flin Flon, Manitoba.

Contact:

Alf Stewart

Tel: (604) 331-9326

Email: info@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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