November 7, 2022
Search Minerals to Commence an Initial 2,000m Fox Meadow Phase 1 Drill Program
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Search Minerals –
Preliminary Economic Assessment – June 7, 2022
Before Tax
NPV (8%) $2.23 Billion
IRR 55.3%
Capital Payback 1.5 years
After Tax
NPV (8%) $1.31 Billion
IRR 41.5%
Capital Payback 1.8 years
Strategic Direction
We're on a sprint to production, aiming to become an integral part of the Rare Earth Element supply chain by 2025.
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Located in Labrador, Canada, our resources are rich in high-demand critical rare earths.
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See the latest videos from Search and our leadership team as we pursue our sprint to production.
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