Douginil, Chico; a quick focus on : (3) open the possibility of making a zirconium/hafnium by-product.
Search Minerals Inc
Mon, September 27, 2021, 4:01 PM·4 min read
In this article:
VANCOUVER, British Columbia, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”) is pleased to announce that it has commissioned a Preliminary Economic Assessment (“PEA 2022”) report on the combined Deep Fox/Fox Trot project with a target date of completion of Q1 2022.
The completion of an updated NI 43-101 Mineral Resource estimates for Deep Fox and Foxtrot and completion of PEA 2022 are important next steps as the Company accelerates its “Sprint to Production”. The PEA 2022 will also provide our environmental consultants the essential information required to update and submit the new plan for the Environmental Impact Statement. We have been completing some baseline studies this year, which will form part of our submission.
The PEA 2022 will benefit from the following improvements.
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1) Increased Material from Deep Fox Resource
PEA 2022 will incorporate the results of the 7000 m drilling program completed at Deep Fox in 2021.
(3) open the possibility of making a zirconium/hafnium by-product.
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