Search Minerals Provides Final Composition of High Purity Mixed Rare Earth Oxide Product From the Pilot Plant Operation

Search Minerals (TSXV:SMY) (“Search” or the “Company”) is pleased to announce the final results from its pilot plant operation at SGS Laboratories in Lakefield, Ontario. The initial pilot plant results were published on March 6, 2017. Most importantly, the total TREO content was 99.0% by calculation and the key impurities uranium and thorium were less than 0.5 g/t and 5.5 g/t respectively.

Greg Andrews, President and Chief Executive Officer of Search, said:

“The completion of the pilot plant has provided the independent analyses of final product composition and the concentrate samples we need to more formally engage with separation refineries and other separation technology companies. The success of the pilot plant has also allowed Search to engage with other companies within the rare earth supply chain, particularly those in the permanent magnet market.

As we continue to pursue potential strategic investors and offtake partners to advance development of the FOXTROT Deposit, Search remains committed to developing the Port Hope Simpson Critical Rare Earth District, with a drill program planned for the Deep Fox prospect.”

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