Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

With those mineral resources I feel the PPS could be in the multiple dollar range. I have been told many times (and have to keep reminding myself) to remain patient as the company meets it's business objectives/goals.

NO red flags - IMO

Phase I Exploration Program

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.

I also like to point out these facts for many of our investors:

Canyon Copper offers many of the best opportunities that the investor should look for:
-Proven Management
-A Proven Resource with a great opportunity to expand and move it towards production
-Positive Capital Structure: (Insiders or closer associates hold approximately 85% of the outstanding shares)
-News Flow… upcoming news
-Aggressive Pre-Development Planned Program

CORPORATE OBJECTIVES OVERVIEW:

*Target: Oxide Copper with Skarn and Porphry Copper potential
*Develop a bulk tonnage Copper and Molybdenum property in a 5km x 3km mineralized belt
*Aggressive drill program to expand current NI 43-101 resource for Oxide Copper on the property.
*Drill testing of other former mine sites on the property that were high graded for Oxide Copper
Acquisition of neighbouring properties with significant resources
*Aim to establish a large Porphry copper / molybdenum/gold resource.
Property: