NI 43-101 compliant Technical Report Filed for Foxtrot REE Project, Labrador

 Search Minerals Inc. (TSXV:SMY) filed an independent NI 43-101 compliant Technical Report including a Mineral Resource Estimate, together with its wholly-owned subsidiary, Alterra Resources Inc., on the 100% owned rare earth element Foxtrot Project near Port Hope Simpson, Labrador, Canada.

As quoted in the press release:

The Mineral Resource estimate is based on two phases of drilling comprising 8,078 m in 43 drill holes completed as at September 30, 2011. This information includes intersections to a depth of 200m. Initial results from the current third phase drill program, reported in the Search news release of February 1, 2012, demonstrated continuity of the zone to a 400 m vertical depth. (see geological cross section accompanying this news release).

Click here to read the Search Minerals Inc. (TSXV:SMY) press release