Chris Thompson of eResearch talks about his Search Minerals “Holy Grail” rare earths research report
Channel: InvestorCoffee
Date: 13/10/2022

In this InvestorIntel interview, host Tracy Weslosky talks to eResearch Corporation’s President & Director of Research, Chris Thompson, about his recently released 72-page Initiation Equity Research Report on Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF).

Talking about the need for a comprehensive report, Chris tells Tracy: “The report on Search Minerals contained a lot of information on the rare earth minerals because a lot of people don’t know a lot about them. So, and since there are 17 different minerals in that grouping, it was like writing a report on 17 different minerals in one report.” He goes on to talk about the importance of rare earths to modern industries like electric vehicles, wireless imaging and solar power: “ All these modern technologies rely on one or many of these rare earths and they are critically important because you cannot substitute them, so you cannot take another mineral and substitute them into the product, so you need these minerals and that’s what makes them very important.” 

Discussing Search Minerals, Chris continued that “the important thing is that Search Minerals is a Canadian company that’s focusing on developing a project in Labrador, so it’s a homegrown project for the very important rare earths sector and it looks like that may be driving forward to be one of the first operating mines and processors in North America.” With a revised PEA and improved economics, he continues that “I think the important thing about this company and the project is the fact that it is a district scale project, and it can go on for over 20 years, which is important when you’re developing a project of this size.”

About Search Minerals Inc.

Led by a proven management team and board of directors, Search is focused on finding and developing Critical Rare Earths Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources within the emerging Port Hope Simpson – St. Lewis CREE District of South East Labrador. Search controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and numerous other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 km long belt forming a REE District in Labrador. Search has completed a preliminary economic assessment report for DEEPFOX and FOXTROT. Search is also working on three exploration prospects along the belt which include: FOX MEADOW, SILVER FOX and AWESOME FOX.

Disclaimer: Search Minerals Inc. is an advertorial member of InvestorIntel Corp.

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