Environmental respect and sensitivity starts at the exploration phase. We clean up behind ourselves and as we move forward to develop our properties, we strive to minimize our environmental footprint.

Deepwater Fox Discovery

deepwater-fox-location-map.jpgDeepwater Fox is located 12 km east of the Foxtrot deposit, and became Search’s second major discovery within the Fox Harbour volcanic belt (part of the Port Hope Simpson CREE District) following an initial channel sampling program during the 2014 field season.

The Deepwater Fox prospect is easily accessed via a small boat trip across Fox Harbour Pond, as well as by foot via a cut trail near the St. Lewis Airport. The 53 initial channel samples taken at Deepwater Fox were used to plan a much more extensive exploration program in 2015. Including the 2014 sampling program, a total, 26 channels have been cut at the Deepwater Fox prospect and 951 samples have been collected and analyzed.

Figure 1 - Community of St. Lewis and airstrip(right) taken from Deepwater Fox

While the Deepwater Fox Discovery has yet to be drilled, based on extensive mapping, sampling and geophysics, Search is able to make the following observations:

  • The geology and mineralization at Deepwater fox is the same as at FOXTROT
  • At 400 metres, Deepwater Fox is similar in strike extension as FOXTROT
  • Mineralized zone widths are as wide or wider (up to 30 m) than at FOXTROT.
  • Mineralized channel sample assays are on average greater than 15% higher than those at Foxtrot.

This is an exciting discovery in an excellent location and is Search’s next target for exploration drilling. If reserves are delineated here they would be close enough to the proposed FOXTROT mine development to provide additional feed to either extend the life of the overall operation or to facilitate a scaling-up for greater operational economies. The table below summarizes several significant surface channel REE assay intercepts taken at the Deepwater Fox prospect.

DEEPWATER FOX CHANNEL ASSAYS
FDC
14-01
FD
14-01
FDC
14-01
FDC
14-01
Interval (m) 17.50 5.96 0.76 6.20
Y 1,284 1,433 1,345 1,277
Zr 11,368 14,724 11,967 12,588
Nb 850 721 911 678
La 2,243 2,301 2,690 1,961
Ce 4,491 4,861 5,090 4,025
Pr 507 567 562 460
Nd 1,893 2,156 2,069 1,746
Sm 352 413 368 328
Eu 17.3 20.3 17.9 16
Gd 264 311 273 256
Tb 41 48 42 40
Dy 241 286 245 244
Ho 47 55 48 48
Er 133 155 133 138
Tm 18 21 19 19
Yb 111 128 116 119
Lu 16.2 18.6 16.4 17.1
LREE 9486 10298 10779 8520
HREE 888 1044 909 899
HREE + Y 2172 2477 2254 2175
TREE 10374 11343 11688 9419
TREE + Y 11658 12776 13033 10696
% TREE 1.04% 1.13% 1.17% 0.94%
% TREE + Y 1.17% 1.28% 1.30% 1.07%
% HREE 8.56% 9.21% 7.78% 9.54%
% HREE + Y 18.63% 19.39% 17.30% 20.34%
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