Searchlight Resources Inc (SCLTF)

[sweetpepperjam]

Here is a list for you...

EXPLORATION WORKS

Phase One:
Re-assay of drill core and cuttings from 3,540 meters of 2006 drilling.
Incorporation of verified assays in resource estimate data base and completion of updated resource estimate.
Metallurgical Sampling and Testing
Environmental Baseline study
Geological Mapping
Field operations
Management fee
Contingency

Total Phase One Costs: $700,000

Phase Two:
Drilling, Assaying, Project Development, $3,000,000
Working Capital & Overhead $ 800,000