Searchlight Resources Commissions NI43-101 Technical Reports on Bootleg Lake and Robinson Creek Gold Properties
Newsfile·2025-11-25 12:30

Core Insights - Searchlight Resources Inc. has contracted Axiom Exploration Group to prepare NI43-101 technical reports for its Bootleg Lake and Robinson Creek Gold properties, which are located near Creighton, Saskatchewan and Flin Flon, Manitoba [1][2][3] Summary by Sections Technical Reports - Axiom Exploration Group has completed site visits for both projects, with final reports expected in early 2026 [2] - This will be the first technical report for the Robinson Creek project and an update on the 2013 report for Bootleg Lake [2] Exploration Targets - The Robinson Creek project has an Initial Exploration Target estimated between 77,000 and 154,000 ounces of gold, with no prior report available [3] - Bootleg Lake has an estimated ore of 2 to 3 million tonnes, with gold grades ranging from 1.20 g/t to 1.60 g/t [7] Historical Data and Mineralization - Over 70 historical drill holes from the 1940s and 1980s have been compiled, outlining a mineralization zone extending at least 1,000 meters along the Mosher Lake Shear Zone [7] - Significant historical drill results include multiple intersections greater than 1.0 g/t gold, with some exceeding 2.0 g/t over at least one meter [7] Project Location and Infrastructure - The properties are located 15 kilometers from each other, allowing for potential shared processing facilities [7] - The Bootleg Lake site is a brownfields project with three past-producing high-grade gold mines, including the Rio Mine, which has 1,500 meters of underground workings [7] Future Plans - The technical reports will assist the company in future exploration and development plans, including the potential combination of Robinson Creek and Bootleg Lake [3]