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Chico my friend! S.P. Nice move up

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Middleborder   Thursday, 10/21/21 06:40:17 PM
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Chico my friend! S.P. Nice move up since this announcement! I hope that we learn preliminary results of their drilling program before the Annual Meeting on November 4th.


Suite 108, 901 West 3rd Street
North Vancouver, British Columbia V7P 3P9

NOTICE IS HEREBY GIVEN that an annual general meeting (the “Meeting”) of the holders of the
common shares (collectively, the “Shareholders” or individually, a “Shareholder”) of Search Minerals
Inc. (the “Company”) will be held at the Company's office, Suite 108, 901 West 3rd Street, Vancouver,
British Columbia on Thursday, November 4, 2021, at 10:00 a.m. (Vancouver time). Shareholders will also
be able to access the Meeting by teleconference using the details below.

All shareholders are entitled to attend and vote at the Meeting in person or by proxy; however due
to constantly evolving circumstances surrounding the COVID-19 pandemic, the Board of Directors
(the “Board”) is requesting that all shareholders vote their shares by proxy and not attend in person.
Shareholders should read, date and sign the accompanying proxy and deliver it to Computershare Investor
Services Inc. (“Computershare”). If a shareholder does not deliver a proxy to Computershare, Attention:
Proxy Department, 100 University Avenue, 8th Floor, Toronto, Ontario, M5J 2Y1, by 10:00 a.m.
(Vancouver, British Columbia time) on Tuesday, November 2, 2021 (or before 48 hours, excluding
Saturdays, Sundays and holidays before any adjournment of the meeting at which the proxy is to be used)

then the shareholder will not be entitled to vote at the Meeting by proxy. Only shareholders of record at
the close of business on September 28, 2021 will be entitled to vote at the Meeting.



September 27th, 2021

Vancouver, B.C. September 27, 2021 – 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.

Increased Material from Deep Fox Resource
PEA 2022 will incorporate the results of the 7000 m drilling program completed at Deep Fox in 2021.
The combination of the Deep Fox and Foxtrot resources will potentially allow for an increase in production rate to 2,000 tonnes per day compared to the 2016 PEA (PEA 2016) on Foxtrot alone.
Assays from Deep Fox have shown higher grades of the key rare earth elements used in the permanent magnet market (Neodymium, Praseodymium, Dysprosium and Terbium) as compared to Foxtrot.

Metallurgical Process Optimization
The optimization of the Direct Extraction Process in two pilot plant programs has resulted in increased recoveries on our key elements (Nd, Pr, Dy, Tb).
The introduction of magnetic separation into the mineral processing flowsheet will:
produce an iron ore concentrate by-product,
concentrate the rare earths in 15-27% of the ore mass, resulting in a smaller extraction plant and,
open the possibility of making a zirconium/hafnium by-product.
Produce a mixed rare earth carbonate to supply the separation facility.
New grinding and magnetic beneficiation added to the flowsheet to optimize capital and operating costs.

Rare Earth Element Price Increases
Rare earth prices have increased significantly over the past year, and the upward trending price escalations are expected to continue.
Current and future price projections (Adamas Intelligence) will form the basis for the PEA economic analysis.

(More at link!)

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