Searchlight Resources Inc. · TSXV:SCLT
Searchlight Resources — Investor Presentation (June 2023)
30 slides from Searchlight Resources's investor presentation, June 2023
Slide 1: Corporate Presentation June 2023
CORPORATE PRESENTATION JUNE 2023 FOCUS ON HIGH GRADE CRITICAL METALS AND GOLD IN SASKATCHEWAN TSXV:SCLT OTCQB:CNYCF SEARCHLIGHTRESOURCES.COM
Slide 2: Forward Looking Statements
Forward Looking Statements All statements in this document regarding exploration projects for Searchlight Resources Inc. (“Searchlight”, or “SCLT"), other than statements of historical fact, are "forward-looking information" with respect to Searchlight within the meaning of applicable Canadian secur
Slide 3: Searchlight Resources
Searchlight Resources ─ TSX Venture and OTC QB Listed Mineral Exploration Company Management team has experience in significant Gold and Uranium discoveries Compelling portfolio of exploration assets including Rare Earths, Uranium, Gold, Nickel and Copper-Zinc VMS Exploration targets high-demand com
Slide 4: Management & Directors
Management & Directors - over 150 years of Mining and Finance experience Stephen Wallace P.Geo. President, CEO & Director Stephen Wallace, P.Geo., (APGO, APEGS) brings more than 35 years of successful mineral exploration and development experience from grassroots and greenfield evaluation through to
Slide 5: The Searchlight Difference
The Searchlight Difference Pre-Discovery Stage Opportunities across key Critical Elements and Gold Maximum Value Creation at Drilling State- 5 Projects have drill targets identified Searchlight’s Key Properties have multi-element potential: • Kulyk Lake– Rare Earths and Uranium • Duddridge Lake- Ura
Slide 6: Why Saskatchewan?
Why Saskatchewan? Safe Jurisdiction, World Class Geology, Cooperative Government and Experienced Work Force • Saskatchewan has a long mining history with gold, copper, zinc, uranium, and potash mines. • Saskatchewan is developing Rare Earths Processing infrastructure • The Fraser Institute rated Sas
Slide 7: Searchlight Projects
Searchlight Projects Drill Project Commodity Stage Highlights Next Phases of Exploration Targets Bootleg Lake Advanced 4 Past producing gold mines, 7 km south of Flin Flon Drilling on both projects Resource Au, Cu, Zn Yes Robinson Creek exploration Robinson = 70 SMDC DDH,15km west of Flin Flon Defin
Slide 8: Searchlight Critical Metals Northern Saskatchewan
SEARCHLIGHT CRITICAL METALS NORTHERN SASKATCHEWAN 8 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 9: Searchlight's Saskatchewan Exploration Targets for Critical Metals and REEs
Searchlight’s Saskatchewan Exploration Targets for Critical Metals and Rare Earth Elements (REEs) Copper at Wapawekka and 1 2 H He Hydrogen Helium 3 Li 4 Be 5 B 6 C 7 N 8 O 9 F 10 Ne Duddridge Lake Nickel at Reef Lake Lithium Beryllium Boron Carbon Nitrogen Oxygen Fluorine Neon 12 13 14 15 16 17 18
Slide 10: Critical Metals Pricing
Critical Metals Pricing $300.00 Metal Price per Pound $250.00 Aluminum $1.05 Copper $3.88 $200.00 Cobalt $15.84 Dysprosium $240.00 $150.00 Lead $0.95 Lithium $11.68 Neodymium $40.32 $100.00 Nickel $10.89 Praseodymium $90.18 $50.00 Uranium $53.70 Vanadium $14.45 $0.00 Zinc $1.21 10 S C L T TS XV SEAR
Slide 11: Summary
Summary • Searchlight has a compelling portfolio of mining assets in the best mining jurisdiction in Canada • Our properties have showings of high-grade gold, a suite of battery metals including Rare Earths, Nickel and Copper-Zinc VMS • Gold Development can be expedited due to brownfields mine site,
Slide 12: Why Saskatchewan? Canada's Only Rare Earths Plant
Why Saskatchewan? Canada’s Only Rare Earths Plant 12 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 13: Monazite
MONAZITE Monazite is a primarily reddish-brown phosphate mineral that contains rare-earth elements. Due to variability in composition, monazite is considered a group of minerals. Various Rare Earth Elements can freely substitute into the mineral. At Kulyk Lake, the mineral is rich in Neodymium (Nd)
Slide 14: Rare Earth Properties in Saskatchewan
Rare Earth Properties in Saskatchewan • Kulyk Lake- • World Class High Grade Rare Earth, • 21 REE showings over 35 km claim length. • Up to 56.18% total TREO and 12.49% CREO • Bear Lake- • 6 Rare Earth showings. • Up to 19.94 %TREO and 3.53 % CREO. • Miller Lake- • 2,792 ppm TREE in Lake Sediment, •
Slide 15: Kulyk Lake Rare Earths and Uranium
Kulyk Lake Rare Earths and Uranium • High Grade Rare Earth Elements deposit hosted in Monazite • Total Rare Earth Oxides exceed 50% in trench samples • Includes critical rare earths of Neodymium, Praseodymium and Terbium, with assays up to 12% • Radiometric Surveys indicate large untapped potential
Slide 16: Bootleg Lake High Grade Gold in Saskatchewan
BOOTLEG LAKE HIGH GRADE GOLD IN SASKATCHEWAN LARGE GOLD SYSTEM WITH 4 PAST PRODUCING UNDERGROUND MINES DRILL READY TARGETS EXTENSIVE MINE WORKINGS 16 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 17: Strategic Opportunity - Flin Flon Revival
Searchlight Resources Strategic Opportunity-Flin Flon Revival • 30 copper mines including three giant deposits developed by HudBay have created major infrastructure to process base metals and gold but the Flin Flon is running out of ore, and mining operations are to shut down within a year • 45 gold
Slide 18: Robinson Creek Claims
Robinson Creek Claims Advanced Stage Gold Property Drilled By SMDC/Cameco 15 Kms. from Creighton and Bootleg Historic Mine Sites 18 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 19: Four Past Producing Gold Mines
Four Past Producing Gold Mines 1 Rio Mine • Developed in the 1980’s with mill and 1,500 m of underground workings but closed in 1990 prior to production due to low gold prices. Mill site reclaimed, Historical Estimates of Bootleg Lake Deposits with underground workings still in place for reopening.
Slide 20: Rio Mine Site
Rio Mine Site • 1,500 metres of underground workings to 120 metres below surface. • Electricity within 700 m and municipal water within 2.4 km of Rio Mine Site. • Easy driving access from Flin Flon. 22 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 21: Bootleg Lake – Rio Mine Timeline
Bootleg Lake – Rio Mine Timeline Vista ships a 20,000 ton Flin Flon Mines Ltd bulk sample that Henning-Maloney Gold conducted a 46-hole Vista Mines Inc. averaged 4.11 g/t gold, Full mine closure and Planned reopening of Mines sunk a shaft diamond drill program (“Vista) acquires deemed uneconomic rec
Slide 22: Rio Gold Mine – 1980's
Rio Gold Mine – 1980’s Road to Creighton Ramp Area Mill 25 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 23: Future Exploration – Bootleg Lake
Future Exploration – Bootleg Lake Opportunity for Multiple High-Grade Mines to Feed a Single Centralized Mill at Rio Mine Henning Maloney • Near term drill target on known high grade zone outlined in drilling and underground sampling • Historical zone outlined, 200 feet along strike, 5.3 feet wide g
Slide 24: Henning-Maloney – 1940's
Henning-Maloney – 1940’s Early 1940’s Air Photo Road to Creighton Mine Camp Henning-Maloney Mine Abandoned Head Frame Mine and Mill 29 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 25: Robinson Creek
Robinson Creek • Three Parallel Veins traced over one kilometer in strike length • Over 75 diamond drill holes from Saskatchewan Mineral Development • Historical intercept of 55 meters of 2.5 grams / tonne gold • 15 kilometers from Bootleg Project brownfields mine site • Potential Open Pit or Underg
Slide 26: Robinson Creek
Robinson Creek • Compilation of 70 historic drill holes from 1940’s and 1980’s • 60 of 70 drill holes have gold intersections greater than 1g/t Au • 45 intersections of greater than 2.0 g/t gold over at least one metre • Multiple long ore-grade intersections o 2.46 g/t Au over 57.60 m in DDH 81-2, o
Slide 27: Drill Core at Robinson Creek
Robinson Creek Drill Core at Robinson Creek S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 28: Searchlight Corporate Information
SEARCHLIGHT CORPORATE INFORMATION 33 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 29: Corporate Information
Corporate Information Capital Structure Shares Outstanding 138,612,734 Options Outstanding 12,250,000 Warrants Outstanding 15,019,382 Shares Fully Diluted 165,882,116 Management Ownership 6% 34 S C L T TS XV SEARCHLIGHTRESOURCES.COM
Slide 30: Contact
#408 – 1199 West Pender Street Vancouver, BC V6E 2R1 SCLT:TSXV 604.331.9326 SCLTF:OTCQB [email protected] SEARCHLIGHTRESOURCES.COM
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