Gold$2,045.30+0.52%
Silver$23.84-0.18%
Copper$3.85+1.23%
Platinum$912.40-0.33%
Iron Ore$118.50+2.14%
Nickel$16,892-0.89%
Search Minerals Inc. logo

Search Minerals Inc.

SMY.VSmall CapRare Earths

Price History

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About Search Minerals Inc.

Rare earth elements company developing the Foxtrot and Deep Fox deposits in Labrador, Canada using proprietary processing technology.

Primary Commodities

Rare Earths

Project Economics

Foxtrot Project

Rare Earth Elements (REE)· Newfoundland and Labrador, Canada (near Port Hope Simpson)· Development
PEA
Apr 2016
NPV (After-Tax) @ 10%C$48M
NPV (Pre-Tax)C$93M
IRR (After-Tax)17%
Initial CapexC$152M
Payback4.4 yrs
Mine Life14 yrs
Head Grade0.98% TREE
Mine TypeOpen-pit & Underground
Ownership100%
Mineral Resources
Indicated: 7.39 Mt at 0.91% TREE (1.09% TREO); Inferred: 1.96 Mt at 0.97% TREE (1.17% TREO)

Two Tom

Rare Earth· Labrador, Canada· Exploration
Resource Estimate
Dec 2011

Two Tom REE Deposit

Rare Earth Elements (REE), Niobium, Beryllium· Red Wine Complex, Labrador, Canada· Exploration
Resource Estimate
Dec 2011
Mineral Resources
Inferred Resource of 41 Mt at 1.18% TREO, 0.26% Nb2O5, 0.18% BeO, 0.06% ThO2 (at 0.6% TREO cut-off); 5% of TREO being HREO

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Press Releases

PRESS RELEASE

Search Minerals Announces Results of Annual General Meeting of Shareholders

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - June 1, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC Pink: SHCMF) ("Search Minerals" or the "Company") is pleased to announce the results of its annual general meeting of shareholders held on May 29, 2026 (the "Meeting"). ELECTION OF DIRECTORSAt the Meeting, all the nominees for election as director were elected to serve until the next annual general meeting of shareholders. Following the Meeting, the Company's board of directors is...

Yahoo Finance1 day ago
PRESS RELEASE

Search Minerals Announces 2026 Critical Rare Earth Element Exploration Program in Labrador

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - May 27, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC Pink: SHCMF) ("Search Minerals" or the "Company") is pleased to announce its 2026 Critical Rare Earth Element (CREE) exploration program in southeastern Labrador. The Company will be mobilizing crews to execute a channel sampling program across three high-priority targets in the Fox Harbour Volcanic Belt, while simultaneously collecting bulk sample material to advance the Company's...

Yahoo Finance5/27/2026
PRESS RELEASE

Search Minerals Closes Shares for Debt Transaction

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - May 15, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC Pink: SHCMF) ("Search Minerals" or the "Company") announces that, further to its news releases of February 20, 2026 and May 6, 2026, it has completed its previously announced shares-for-debt transaction (the "Transaction") pursuant to TSX Venture Exchange Policy 4.3 – Shares for Debt.Pursuant to the Transaction, the Company has issued an aggregate of 370,000 common shares (the "Shares").

Yahoo Finance5/15/2026
PRESS RELEASE

Search Minerals Announces Amendment to Previously Announced Shares for Debt Transaction

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - May 6, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC: SHCMF) ("Search Minerals" or the "Company") announces that, further to its news release dated February 20, 2026, in which the Company announced its intention to settle certain outstanding indebtedness through the issuance of common shares of the Company (the "Shares for Debt Transaction"), one of the creditors originally contemplated in the proposed transaction has elected not to proceed

Yahoo Finance5/6/2026
PRESS RELEASE

Search Minerals Announces Grant of Stock Options

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - May 4, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC: SHCMF) ("Search Minerals" or the "Company") announces that on April 30, 2026, the Board of Directors granted a total of 1,800,000 stock options to certain directors, officers, management, employees and service providers pursuant to the Company's stock option plan.The stock options are exercisable at a price of $0.50 per common share and expire on April 30, 2031, being five years from the

Yahoo Finance5/4/2026
PRESS RELEASE

Search Minerals Launches 2026 Environmental Baseline Program to Advance Deep Fox and Foxtrot Project Toward Environmental Assessment Registration

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - April 30, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC: SHCMF) ("Search Minerals" or the "Company") is pleased to announce the commencement of its 2026 environmental baseline studies for the Company's DEEP FOX & FOXTROT Rare Earth Elements properties in southeastern Labrador (the "Project"). The program represents a major de-risking milestone as Search Minerals advances the Project toward Environmental Assessment Registration ("EAR"),...

Yahoo Finance4/30/2026
PRESS RELEASE

Search Minerals Commissions SGS Canada for Comprehensive Scoping Study and Adds Dr. David Dreisinger as Technical Advisor

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - April 23, 2026) - Search Minerals Inc. (TSXV: SMY) (OTCQB: SHCMF) ("Search Minerals" or the "Company") is pleased to announce it has commissioned SGS Canada Inc. ("SGS") to conduct a comprehensive scoping study and metallurgical test work program for the Company's Critical Rare Earth Element (CREE) district in southeastern Labrador.ADVANCING METALLURGICAL OPTIMIZATION THROUGH SGS SCOPING STUDY This program represents an important step in...

Yahoo Finance4/23/2026
PRESS RELEASE

Search Minerals Announces Junior Exploration Assistance Grant from Government of Newfoundland; Shares Up 37%

Search Minerals (SMY.V) on Friday said that it has been awarded a grant of $91,000 from the Province

Yahoo Finance4/17/2026
PRESS RELEASE

Search Minerals Announces Junior Exploration Assistance Grant from Government of Newfoundland and Labrador

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - April 17, 2026) - Search Minerals Inc. (TSXV: SMY) (OTCQB: SHCMF) ("Search Minerals" or the "Company") is pleased to announce that it has been awarded a grant of $91,000 from the Province of Newfoundland and Labrador through the Mineral Incentive Program - Junior Exploration Assistance (JEA) Program.The JEA Program, a key initiative by the Department of Energy and Mines, aims to grow the mineral inventory of the province by supporting...

Yahoo Finance4/17/2026
PRESS RELEASE

Search Minerals Announces Unsecured Convertible Note Issuance with Indigenous Partner to Settle Existing Indebtedness

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - April 13, 2026) - Search Minerals Inc. (TSXV: SMY) (OTC Pink: SHCMF) ("Search Minerals" or the "Company") is pleased to announce that the Company has issued an unsecured convertible note (the "Unsecured Convertible Note") in the aggregate principal amount of $367,562 to its Indigenous Partner, the NunatuKavut Community Council (the "Lender").HIGHLIGHTSUnsecured Convertible Note in the principal amount of $367,562Issued in full settlement...

Yahoo Finance4/13/2026

Quick Facts

Ticker Symbol
SMY.V
Market Cap
Small Cap
Category
Rare Earths
Commodities
Rare Earths

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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