Searchlight Resources Inc. announced 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.