Searchlight Resources Inc. announced the staking of seven pegmatite occurrences in Saskatchewan. Searchlight has continued research on possible Lithium-Cesium-Tantalum (LCT) pegmatites in Saskatchewan resulting in new staking of seven targets. Five of these targets had previously been
known to host Beryllium and Tourmaline, two common pathfinder minerals for LCT pegmatites. In addition, the Company staked two larger areas that have been mapped as pegmatites by the Saskatchewan Geological Survey, both with highway access. There has been very limited geochemical
sampling of these two areas, so the pegmatites have not yet been classified. Highlights of the new claims: Northern extension of the Upper Sturgeon-Weir Beryliferous Pegmatite Field - three claims totaling 2,517 hectares located approximately 5 km west of Highway 135. Hickson Lake Beryliferous (Rare Metal) Pegmatite - one claim of 954 hectares located at the north end of Hickson Lake, approximately 3 km west of the electrical transmission line from Island Falls Hydroelectric Station to the Key Lake Mill, and approximately 6 km from Searchlight's Reef Lake copper-nickel prospect. Bear Beryliferous Pegmatites - one claim of 1,699 hectares located approximately 20 km north of Pelican Narrows. Golden Lake Tourmaline-Bearing Pegmatite - one claim of 610.5 hectares located approximately 25 km southwest of Island Falls and approximately 2 km east of the electrical
transmission line from Island Falls Hydroelectric Station to Flin Flon.
Sandfly Lake Tourmaline-Bearing Pegmatites - four claims totaling 5,312 hectares covering
two separate Tourmaline-Bearing Pegmatite occurrences. These claims adjoin the western
side of Searchlight's Duddridge Copper-Uranium-Cobalt claims.
Davin Lake Pegmatites - 21 claims covering 27,632 hectares that have been mapped as
pegmatitic aplogranite by the Saskatchewan Geological Survey. Highway 905 runs through the
eastern portion of the claims, and Davin Lake Airfield is surrounded by the claims.
Highway 135 pegmatites - five claims covering 5,399.7 hectares that have been mapped as
diatexitic wacke (30-70% pegmatite and melt) by the Saskatchewan Geological Survey. The
claims are approximately 25 km north of Pelican Narrows, and Highway 135 runs through the
claims. Searchlight will review these claims in detail and plan for future exploration.