Searchlight Resources Inc.S
Searchlight Resources Inc. (TSXV: SCLT) holds a multi-project gold portfolio in the under-explored Trans-Hudson Corridor of Saskatchewan near Creighton and Flin Flon, plus rare-earth and uranium properties. Its Bootleg Lake gold project (18 claims, 48.5 square km) hosts three past-producing gold mines, including the Rio mine, whose underground ramp Searchlight plans to reopen; the historical estimates there are not current resources. In September 2026 it mobilized a drill rig to the Robinson Creek gold project, about 16 km west of Creighton, for five diamond holes totalling about 1,000 metres to verify historic drilling from the 1940s and 1980s along a 1 km mineralized trend. In 2026 it also staked the Mari Lake gold project, about 30 km north of Creighton (100% held, no royalties, expanded to 43.1 square km in July), where airborne surveys followed historic high-grade gold occurrences. It closed a C$1,150,000 private placement in June 2026. No current mineral resource has been estimated on any of its projects.
Lifecycle Milestones
Jurisdiction (40%)9/10
Saskatchewan: Fraser PPI 2025 is 92.90 of 100 (rank 8 of 68), which maps to 9 on this site's scale. Its gold projects, including Mari Lake, are in Saskatchewan's Trans-Hudson Corridor, a Tier-1 Canadian mining jurisdiction.
Infrastructure (40%)No verified figure
Researched with nothing found: no source we could cite confirms or rules out an existing mill, road access, grid power, or tailings facility at Bootleg Lake Gold Project (Rio and Henning-Maloney past producers), Amisk Lake area, Saskatchewan, Canada (checked Oct 5, 2026; recheck due Apr 3, 2027). Counts at a neutral 5/10 until one does.
Nearby producing mine (20%)Not yet researched
No project coordinates on file yet, so distance to a producing mine can't be measured.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score: Not yet researched
Distance not yet researched: no project coordinates on file
Distance can't be measured without coordinates, so excluded rather than counted as far.
Weight 22.5% - Lifecycle stageSub-score:1/10
Stage: Grassroots Exploration
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 57% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 26% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 17% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President, Chief Executive Officer and a Director of Searchlight Resources Inc. (TSXV: SCLT), where he is also listed as VP Exploration. P.Geo. Over 35 years of mineral exploration and development experience from grassroots evaluation through to mine development across Canada and internationally, covering gold, copper, cobalt, lithium, base metals, uranium and rare earth elements. Has held management and technical positions with government agencies and with major and junior resource companies including Goldcorp, BHP and Noranda, and for the past 15 years has served as Director, President, CEO and VP Exploration of junior exploration companies -- including Senior VP, Exploration and Director of Trade Winds Ventures Inc. (TSXV: TWD), acquired by Detour Gold Inc. in 2012 for $84.0 million, and President and CEO of Castle Resources Inc. B.Sc. (Geology), University of Ottawa; registered Professional Geoscientist with APGO and APEGS. Source: searchlightresources.com/corporate/directors/ and /corporate/management/.
Chairman, Vice President Corporate Development and a Director of Searchlight Resources Inc. (TSXV: SCLT); known as Alf Stewart. B.Sc. Geology, MBA. A career spanning over 40 years in the resource and investment industries as a geologist, stock exchange regulator, investment banker, analyst and investment advisor, with firms including Bank of Montreal, Esso Minerals, Erickson Gold Mining, Canaccord Capital, Haywood Securities, Golden Capital and Raymond James. Has been involved in financing mining companies for over twenty-five years, including discoveries in the base and precious metals sectors. Geology, MBA').
An Independent Director of Searchlight Resources Inc. (TSXV: SCLT); also President & Director of Paradigm Gold Corporation. P.Eng., B.A.Sc. in Geological Engineering, University of British Columbia (1964). Has participated in the mining industry continuously since graduation as an exploration geologist, with expertise in epithermal and sedex-hosted precious metal deposits in the southwestern United States, strata-controlled gold deposits and porphyry copper/gold/molybdenum deposits of the western Cordillera, and VMS deposits across North America. Successful ventures include recognition and discovery of the Santa Fe gold mine, identification of the Calvada gold mine on the northern boundary of the New Canyon property, and discovery of the Mindora gold/silver deposit, all in Nevada; he is also credited with early identification of two VMS deposits at the Rambler Mine in Newfoundland and recognition of the Frasergold strata-controlled gold deposit in British Columbia. Has served as a director of numerous public companies and is currently a director of Quaterra Resources and Bravada Gold Corp.
An Independent Director of Searchlight Resources Inc. (TSXV: SCLT). P.Geo. Involved in the resource exploration industry since 2001 across gold, copper, zinc and uranium companies. Until early 2018 he held the position of Chief Geophysicist for Hudbay Minerals Inc. in Flin Flon, Manitoba. He was President of Pioneer Aerial Surveys Ltd. and founder of Aerial Imaging Resources Inc. (AIR), a UAV-based geophysical survey company, and was VP Geophysics and Geomatics at Axiom Exploration; he is currently Head of Applied Geophysics for GoldSpot. B.Sc. in Geophysics, University of Saskatchewan, and an MBA from the University of Wales, with a dissertation titled 'Tracking the Cyclical Valuation of the Canadian Junior Resource Sector'. Source: searchlightresources.com/corporate/directors/.
Chief Financial Officer of Oreterra Metals Corp.; also Chief Financial Officer of Ibero Mining Corp., Falcon Gold Corp. and Searchlight Resources Inc. and Chief Financial Officer & Corporate Secretary of Silver Bullet Mines Corp. (CPA, CA.) University of Toronto graduate and former BDO Canada LLP partner. Has built several public companies on the TSXV and CSE; extensive experience as CFO and director for both public and private companies.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
No smart-money tracking (institutional/large-investor activity) for this miner yet — this is a planned feature, not live data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Searchlight Resources holds gold projects in the Trans-Hudson Corridor of Saskatchewan near Creighton and Flin Flon, plus rare-earth and uranium properties. Its Bootleg Lake gold project, 18 claims covering 48.5 square km, hosts three past-producing gold mines, including the Rio mine, whose underground ramp Searchlight plans to reopen; the historical estimates there are not current resources. In September 2026 it began a five-hole, roughly 1,000-metre diamond drill program at the Robinson Creek gold project, about 16 km west of Creighton, to verify historic drilling. It also staked the 100%-held Mari Lake gold project in 2026 and expanded it to 43.1 square km. No current mineral resource has been estimated on any of its projects.