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Resource World Magazine Volume 18 Issue 2

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F E B R U A R Y / M A R C H 2 0 2 0 www.resourceworld.com 69 Searchlight Resources Inc. [SCLT- TSXV; CNYCF-OTC] conducted airborne geophysics on the newly acquired Flin Flon North claims about 10 km northwest of Creighton, Saskatchewan and the city of Flin Flon, Manitoba. The company has also staked the Kulyk Lake rare earth project located about 165 km north of La Ronge and 65 km south of the Key Lake Mine. In 2009, grab and channel samples included 56.18% Total Rare Earth Oxides (TREO), including 12.49% Critical Rare Earth Oxides (CREO) in grab sample AGKJR001; 30.6% TREO including 6.82% CREO in grab sample AGKJR002 and 19.04% TREO including 4.21% CREO in channel sample AGKJR003. SSR Mining Inc. [SSRM-TSX, NASDAQ] has a 100% interest in the Seabee Gold Operation about 125 km northeast La Ronge. The Santoy underground mine has been in continuous commercial production since 2014. Commercial production at the Seabee underground mine began in 1991 and exhausted ore in 2018. All ore is pro- cessed at the Seabee mill, which has been in operation since 1991 and is expected to achieve 1,050 tonnes per day in 2019. The Seabee mill facility produces gold doré bars that are shipped to a third party refinery. Access to the mine site is by fixed wing aircraft. SSR is also exploring its 100%-owned Amisk gold-silver project in the Flin Flon greenstone belt, Saskatchewan, about 20 km southwest of Flin Flon, Manitoba. The project is comprised of the Amisk gold deposit, the past-producing Monarch gold mine and a number of gold occurrences. Indicated Resources are 0.83 million ounces of gold averaging 0.85 g/t and 6.0 million ounces of silver grading 6.2 g/t. Inferred Resources stand at 0.59 million ounces of gold averaging 0.64 g/t and 3.7 million ounces of silver grading 4.0 g/t. Star Diamond Corp. [DIAM-TSX; SHGDF-OTC] has a 100% interest in the Star – Orion South Diamond Project and Fort à la Corne Diamond District 60 km east of Prince Albert. Rio Tinto Plc [RIO- NYSE, ASX, LSE; RTPPF-OTC] recently gave notice that it will exercise four SASKATCHEWAN

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