FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Luxor Capital Group, LP 		2. Issuer Name and Ticker or Trading Symbol

Searchlight Minerals Corp. [ SRCH ] 		5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      __ X __ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

1114 AVENUE OF THE AMERICAS, 29TH FLOOR 		3. Date of Earliest Transaction (MM/DD/YYYY)

9/18/2013
(Street)

NEW YORK, NY 10036
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

9/20/2013 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8) 		5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4) 		8. Price of Derivative Security
(Instr. 5) 		9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option to acquire 7% Convertible Notes due 2018   (1) $286650   9/18/2013     P      $286650       9/18/2013   9/18/2014   Common Stock   716625   (2) $1   $286650   D   (3) (6) (7) (8)  
Option to acquire 7% Convertible Notes due 2018   (1) $93150   9/18/2013     P      $93150       9/18/2013   9/18/2014   Common Stock   232875   (2) $1   $93150   D   (4) (6) (7) (8)  
Option to acquire 7% Convertible Notes due 2018   (1) $10200   9/18/2013     P      $10200       9/18/2013   9/18/2014   Common Stock   25500   (2) $1   $10200   I   See   (5) (6) (7) (8)

Explanation of Responses:
( 1)  Option acquired concurrently with purchase of 7% Convertible Notes due 2018 reported on Form 4 filed on September 20, 2013.
( 2)  Number of shares of common stock issuable upon conversion of the Convertible Notes, convertible at $0.40, issuable upon exercise of the Option.
( 3)  Reflects the Option to acquire Convertible Notes of the issuer owned directly by Luxor Capital Partners, LP (the "Onshore Fund").
( 4)  Reflects the Option to acquire Convertible Notes of the issuer owned directly by Luxor Wavefront, LP (the "Wavefront Fund").
( 5)  Reflects the Option to acquire Convertible Notes of the issuer held in accounts managed separately (the "Separately Managed Accounts") by Luxor Capital Group, LP ("Luxor Capital Group").
( 6)  Luxor Capital Group acts as the investment manager of the Onshore Fund, the Wavefront Fund (the "Luxor Funds") and the Separately Managed Accounts.
( 7)  Luxor Management, LLC ("Luxor Management") is the general partner of Luxor Capital Group. Mr. Leone is the managing member of Luxor Management. LCG Holdings, LLC ("LCG Holdings") is the general partner of the Luxor Funds.
( 8)  Luxor Capital Group, Luxor Management and Mr. Leone may each be deemed to indirectly beneficially own the Convertible Notes held by the Luxor Funds and the Separately Managed Accounts. LCG Holdings may be deemed to indirectly beneficially own the Convertible Notes held by the Luxor Funds. For purposes of this Form 4, Luxor Capital Group, Luxor Management, LCG Holdings and Mr. Leone each disclaims beneficial ownership of the Convertible Notes owned by the Luxor Funds, except to the extent of their or his pecuniary interest therein.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Luxor Capital Group, LP
1114 AVENUE OF THE AMERICAS
29TH FLOOR
NEW YORK, NY 10036
X

Luxor Capital Partners, LP
1114 AVENUE OF THE AMERICAS
29TH FLOOR
NEW YORK, NY 10036
X

Luxor Wavefront, LP
1114 AVENUE OF THE AMERICAS
29TH FLOOR
NEW YORK, NY 10036
X


Signatures
Norris Nissim, General Counsel of Luxor Management, LLC, as General Partner of LUXOR CAPITAL GROUP, LP 9/30/2013
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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