Search Minerals Inc. (TSX.V: SMY) (OTC: SHCMF) announced the commencement of its 2026 environmental baseline studies for the DEEP FOX and FOXTROT rare earth elements projects in southeastern Labrador. This initiative marks a critical de-risking milestone as the company advances toward Environmental Assessment Registration targeted for the first half of 2027.
The program will generate essential environmental and technical data to support regulatory submission, project optimization, and development planning. Studies will include hydrology, ecological, and atmospheric assessments, reinforcing the company’s position within the emerging North American rare earth supply chain. According to the press release, the full details are available at https://ibn.fm/8y33A.
Search Minerals is led by a proven management team and board of directors focused on finding and developing Critical Rare Earth Elements (CREE), Zirconium (Zr), and Hafnium (Hf) resources within the Port Hope Simpson – St. Lewis CREE District of South-east Labrador. The company controls a belt 64 km long and 2 km wide that is road accessible, on tidewater, and near three local communities. A preliminary economic assessment report with resource estimates has been completed for both FOXTROT and DEEP FOX.
In addition to these projects, Search is working on four exploration prospects along the belt: FOX MEADOW, SILVER FOX, FOX RUN, and AWESOME FOX. The company continues to optimize its patented Direct Extraction Process technology with support from the Department of Energy and Mines, Government of Newfoundland and Labrador, and the Atlantic Canada Opportunity Agency. Two pilot plant operations have been completed, producing highly purified mixed rare earth carbonate concentrate and mixed REO concentrate for separation and refining.
The latest news and updates relating to Search Minerals are available in the company’s newsroom at https://ibn.fm/SHCMF. This announcement underscores the strategic importance of developing domestic rare earth sources to reduce reliance on foreign supply chains, particularly as global demand for these critical minerals continues to rise.
