Searchlight Resources Inc (SCLTF)

[dtstx]

Nice job with the update.

Don't know if you care to add the additional claim blocks mentioned(Power Line & Buffington)for assessments from the following pr, as I would think there will be news sooner rather than later of it's drilling potential for proving out additional reserves. IMO, there's a slight hint that should the ore characteristics pan out to be similar to Longshot Ridge than perhaps it would be mined before Champion or Copper Queen. The locations already show up on your map that you have posted.

Just a thought. Looks good either way.


Mon Jul 18, 2011
Canyon Copper Corp Commences Trading Today as Tier One Company on TSX Venture Exchange With Symbol "CNC"

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VANCOUVER, BC, July 18th, 2011 -- Canyon Copper Corp. (the "Company") (TSX-V: CNC) (OTCBB:CNYC) is pleased to announce that following completion of its brokered private placement financing (see News Release dated July 15, 2011) the Company's shares of common stock have been accepted for trading at the opening Monday, July 18, 2011 under the symbol "CNC" on the TSX Venture Exchange. The Company will be classified as a Tier 1 Mining Issuer on the TSX Venture Exchange.

Phase I Exploration Program

The Company plans to commence phase I of its exploration program on the New York Canyon Project in July, 2011. The exploration program will involve the following:

Re-assaying the 2006 drill program Longshot Ridge drill pulps, duplicate samples, blank samples and standards by an independent ISO 17025 certifiable laboratory to determine proper quality assured copper values for these samples.
Revise Longshot Ridge resource estimate incorporating the additional information from the re-assayed values of the 2006 drill and systematic road cut samples.
Apply for permits to drill on and around the Longshot Ridge and adjacent copper oxide targets.
Apply for permits to drill the Copper Queen and Champion target areas.
Assess potentials of copper oxide systems similar to the Longshot Ridge at the nearby Power Line and Buffington mine workings.
Initiate further work on metallurgical testing and environmental base line studies for the Longshot Ridge deposit.