Search Minerals Inc. Stock Analysis SMY.V

Search Minerals, Inc. engages in the acquisition, exploration, evaluation, and development of mineral properties. The company is headquartered in Vancouver, British Columbia. The company went IPO on 2007-05-07. The firm is focused on the acquisition, exploration, and development of critical rare earths elements (CREE) mineral properties in Labrador. The company focuses on developing CREE, Zirconium and Hafnium resources within the Port Hope Simpson-St. Lewis CREE District of South East Labrador. The company controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming an REE District in Labrador. The company also controls additional CREE assets in the Red Wine District of central Labrador. These include the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect. The Two Tom Property includes mineral licenses 027358M and 016522M in Labrador, Canada. The Red Wine property is located 80 km north-east of Churchill Falls, Labrador.