Searchlight Minerals Corp. to Pursue Autoclaving to Extract Precious Metals From Clarkdale Slag Project

Searchlight Minerals Corp. (OTC: SRCH), an exploration stage minerals company focused on precious metals projects in the southwestern United States, announced certain changes to its executive management team and Board of Directors and the Company provided the following update regarding its Clarkdale Slag Project in north-central Arizona.

The press release is quoted as saying:

On August 16, 2010, Searchlight Minerals, coincident with the filing of its 10-Q for the quarter ended June 30, 2010, provided a review of the activities undertaken by the Company’s management and technical teams in pursuit of the economic extraction of precious and base metals from the Project.

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