Search Minerals Inc. (TSX.V: SMY) (OTC: SHCMF) has released results from its 2025 channel sampling program at the Fox Run, Foxy Lady, Krazy Fox and Silver Fox prospects in southeastern Labrador. The program highlighted multiple channel samples at Fox Run with widths up to 18.18 meters and critical rare earth element (CREE) grades comparable to the company's Foxtrot Open Pit Indicated Mineral Resource. This data confirms additional mineralized zones along the same regional trend between the Foxtrot and Deep Fox deposits.
The findings support potential resource expansion and advance several prospects toward drill-ready status within the emerging Port Hope Simpson-St. Lewis CREE District. Search Minerals controls a belt 63 km long and 2 km wide in this district, which is road accessible, on tidewater, and located near three local communities. The company is focused on finding and developing Critical Rare Earth Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources in this region.
For business and technology leaders monitoring the critical minerals sector, these results indicate continued progress in defining a significant North American rare earth element resource. The confirmation of mineralization along the trend between established deposits suggests potential for a larger, contiguous resource base. This development matters as global demand for rare earth elements—essential for electric vehicles, wind turbines, and defense technologies—continues to grow amid supply chain concerns.
Search Minerals has completed a preliminary economic assessment report with resource estimates for its Foxtrot and Deep Fox deposits. The company is also working on three additional exploration prospects along the belt: Fox Meadow, Silver Fox and Awesome Fox. All material information on the company may be found on its website at https://www.searchminerals.ca and on SEDAR+ at https://www.sedarplus.ca.
Beyond exploration, Search Minerals has continued to optimize its patented Direct Extraction Process technology with support from the Department of Tourism, Culture, Industry and Innovation, Government of Newfoundland and Labrador, and from the Atlantic Canada Opportunity Agency. The company has completed two pilot plant operations and produced highly purified mixed rare earth carbonate concentrate and mixed rare earth oxide (REO) concentrate for separation and refining.
The latest news and updates relating to SHCMF are available in the company's newsroom at https://ibn.fm/SHCMF. For investors and industry observers, these sampling results represent another step toward establishing a reliable North American supply chain for critical minerals, reducing dependence on concentrated foreign production. The advancement of these prospects toward drill-ready status suggests accelerated development timelines could be possible in this strategically important mineral district.
