VANCOUVER, May 6, 2016 /CNW/ - Search Minerals Inc.
("Search" or the "Company") (TSX Venture: SMY) is pleased to
announce that the Company has engaged Allnorth to provide the
Company an Environmental Assessment Roadmap. The study is
anticipated to be completed within six to eight weeks. The
Roadmap will summarize and outline the process and requirements to
enter into an Environmental Assessment (EA) for the Foxtrot
Project
Greg Andrews, President and CEO,
states; "We are pleased to engage with Allnorth to complete the
Environmental Roadmap for Search. Search is excited to
initiate the environmental process and looks forward to engaging
with stakeholders to advance the Foxtrot Project. We
appreciate the positive relationship between Search and the
NunatuKavut Community Council along with the Exploration Activities
Agreement signed in August, 2012, and look forward to their
involvement in helping guide Search through the environmental
process."
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility of the adequacy or
accuracy of this release.
About Search Minerals
Search is a TSX Venture Exchange listed company focused on
creating value through finding and developing "critical rare earth
element ("CREE")" mineral assets in Labrador. CREEs (Nd, Eu, Tb, Dy, Y) have
growing demand, constrained or restricted supply and are commonly
used in innovative technologies.
Search is the discoverer of the Port Hope Simpson CREE District,
a highly prospective CREE belt located in southeast Labrador, where the Company controls a belt 70
km long and up to 8 km wide. Search owns 100% of the advanced CREE
resource called the Foxtrot Project ("Foxtrot"), and a
recently announced Foxtrot-like prospect called "Deepwater Fox". In
addition, the Company has identified more than 20 other
Foxtrot-like prospects in the District. The primary focus of Search
is to continue to advance the Foxtrot resource, while evaluating
other Foxtrot-like prospects. Several of the Foxtrot-like prospects
require exploration drilling programs and may provide additional
resources to a central processing facility that would be situated
within the District.
In addition, Search holds a number of other CREE mineral
prospects in Labrador in its
portfolio, including claims in the Red Wine Complex and in the
Henley Harbour area.
Search is led by a management team and board of directors with
proven track records in the mining industry. The Company also has
experienced geological and metallurgical teams led by Dr.
Randy Miller and Dr. David Dreisinger, respectively.
All material information on the Company may be found on its
website at www.searchminerals.ca and on SEDAR at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About Allnorth
Allnorth is a Canadian based company providing diversified
engineering, environmental and technical services. Allnorth offers
a range of services that encompass all phases of a mine's life
cycle, including prefeasibility and feasibility studies,
environmental assessment and permitting, detailed engineering of
onsite and offsite infrastructure, construction management and site
closure and reclamation. Allnorth has a Strategic Alliance
with Nunacor Development Corporation, the business development arm
of the NunatuKavut Community Council in Labrador.
Working collaboratively with the NunatuKavut Community Council and
Nunacor on the Foxtrot Project, we will provide business
opportunities and benefits to the Southern Inuit of
NunatuKavut.
SOURCE Search Minerals Inc.