Red Wine CREE District

Search Minerals controls 17 licenses (Figure 1), totalling 427 claims, in the Red Wine Critical Rare Earth Element District (RWCREE). These claims have been staked for REE and other rare metals, including Be and Nb. The district can be subdivided into two areas: the northern area that has potential for light rare earth elements (LREE: Nd, Pr), Be and Nb and the southern area that has potential for heavy rare earth elements (HREE: Dy, Tb), Nd and Pr. 

The northern area contains the Mann #1 and Two Tom Lake prospects; Two Tom Lake has an inferred 43-101 resource (Rare Earth Metal Inc.) and some drilling was done at the Mann #1 prospect (Rare Earth Metal Inc.). The southern area contains the Merlot, Dory Pond, Cabernet, Barbera and Narnia Hill prospects; some exploration drilling was done at Dory Pond (Rare Earth Metal Inc.) and Cabernet prospects (Search Minerals). Search Minerals worked on the Merlot, Cabernet, Barbera and Narnia Hill prospects in 2010 and 2011 and Rare Earth Metals (REM, now Canada Rare Earth Corp.) worked on the Mann #1, Dory Pond and Two Tom Lake prospects in 2010 and 2011. Recent work was carried out 2021 and 2022 on all of Search’s licenses in the RWCREE District.

The RWCREE district is located in west-central Labrador, 110-140 km NE of Churchill Falls. It can be reached from Churchill Falls by a combination of travel on the Orma Lake woods road (80 km) and by helicopter (30-60 km).

Figure 1: Exploration licences

Figure 1: Exploration licences in the Red Wine Critical Rare Earth Element District

Two Tom Lake (LREE, Be, Nb

Two drill programs (REM - 2010 and 2011), totalling 24 holes and 5438 m were carried out on peralkaline amphibole/pyroxene gneiss-hosted LREE-Be-Nb mineralization located within the Two Tom Lake peralkaline subvolcanic mafic syenite. The 43-101 Report based on these drill programs documents the occurrence of two mineralized zones (SE and NW) and the inferred resource outlined in Table 1; several cut-off grades were used to produce the resources listed. The inferred tonnages range from 13 to 44 million tonnes and the mineralization is open to the NW and SE. The drilling to date indicates that the mineralized zone is about 1100m long on surface, however previous mapping of mineralized outcrops suggests the mineralization is at least 1.5 km long on surface (Figure 2); all hosted by the peralkaline subvolcanic mafic syenite and related volcanic rocks.

Table 1 - Two Tom Lake Inferred 43-101 Resource

Figure 2: General Geology and Mineralization in the Two Tom Lake Syenite

Figure 2: General Geology and Mineralization in the Two Tom Lake Syenite

Merlot-Dory Pond Mineralization (HREE, Nd, Pr)

The Merlot-type mineralization at the Merlot Prospect is up to 13m thick (Table 2) and occurs over a strike length of 380m. The REE occur in a new Y-P-REE mineral that is disseminated throughout a peralkaline pyroxene-enriched medium to coarse-grained vein-likeunit. This mineralization occurs on the northern border of License 013144M (Figure 3) – a 2011 drill program by REM, just north of License 013144M, intersected similar mineralization in their Dory Pond prospect. Preliminary interpretation of the channel and drill data indicates that the same mineralized zone was sampled on both sides of the border (see Table 2). Similar mineralization was also found on other parts of the Dory Pond property, at the Barbera prospect and during the drill/channel programs at Cabernet (Table 2).

Table 2 - REE Mineralization

Figure 3: Merlot Prospect – Geology and Channel Locations

Figure 3: Merlot Prospect – Geology and Channel Locations