# Search Minerals Announces 2026 Critical Rare Earth Element Exploration Program in Labrador Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i--f5599af7-84ff-48e7-b135-08b163e6fd37 Original source: https://money.tmx.com/en/quote/SMY/news/8289125590397878/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i Publisher: tmx Original announcement: 2026-05-27T11:01:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Search Minerals Inc. - Ticker: SMY - Exchange: TSX - Region: Labrador - Primary commodity: Rare earth elements - Secondary commodities: Zirconium, Hafnium - Document categories: Drill results, Metallurgy - Extracted: 2026-09-16 22:40:47 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Search Minerals has announced its 2026 exploration program in southeastern Labrador, focusing on the Foxtrot Deposit, Fox Run, and Awesome Fox prospects. The program includes channel sampling to expand resources and collect 15 tonnes of bulk sample material to support a planned demonstration plant for its patented Direct Extraction Process. Reasoning: The announcement outlines a comprehensive 2026 program involving channel sampling and bulk sampling to advance multiple prospects and support metallurgical testing. - Positive factor: Multi-pronged exploration program targeting resource conversion and extension - Positive factor: Bulk sampling to support demonstration plant development - Positive factor: Proximity to infrastructure and deep-water port - Positive factor: Validated patented extraction technology Facts used in scoring: 4 ## Classification and evidence **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: Program includes infilling between previously successful channel results at Fox Run and existing mineralized areas at Awesome Fox. Evidence · text > focused on infilling between previously successful channel results **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: Program aims to extend mineralization at Awesome Fox and expand Foxtrot along strike. Evidence · text > extend mineralization at Awesome Fox **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: Qualified Person Dr. Randy Miller is named and takes responsibility for the technical information. Evidence · text > Qualified Person: Dr. Randy Miller, Ph.D., P.Geo., is the Company's Vice President, Exploration, and Qualified Person **Mill Route** Polarity: neutral Definition: Processing via mill or concentrator \(CIL, CIP, tank leach, flotation\). Why it applies: the document describes a flotation route \("concentrate"\) **Single Domain Only** Polarity: negative Definition: Testing limited to one composite or domain — representativeness not established. Why it applies: only one composite was tested ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i--f5599af7-84ff-48e7-b135-08b163e6fd37#fact-drill-facts-0) Foxtrot Deposit · rare earth elements #### Identity - Project: Foxtrot Deposit - Commodity: rare earth elements - Region: labrador - Reported Region: labrador - Ticker: SMY #### Geometry - Intercept: 350 m #### Classification - Program: resource - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Resource conversion program targeting near-surface mineralization. - Positive factor: Aims to convert inferred/indicated to measured Evidence · text > approximately 17 channels totaling 350 metres and is designed to expand and further define near-surface mineralization #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i--f5599af7-84ff-48e7-b135-08b163e6fd37#fact-drill-facts-1) Fox Run Prospect · rare earth elements #### Identity - Project: Fox Run Prospect - Commodity: rare earth elements - Region: labrador - Reported Region: labrador - Ticker: SMY #### Geometry - Intercept: 165 m #### Classification - Program: resource - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Infill channel sampling to advance prospect to drill-ready status. - Positive factor: Infilling between successful results Evidence · text > 7 channels totaling approximately 165m focused on infilling #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "resource" ### Fact 3 [Link to this fact](https://atlas-extractions.minestarters.com/news/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i--f5599af7-84ff-48e7-b135-08b163e6fd37#fact-drill-facts-2) Awesome Fox Prospect · rare earth elements #### Identity - Project: Awesome Fox Prospect - Commodity: rare earth elements - Region: labrador - Reported Region: labrador - Ticker: SMY #### Geometry - Intercept: 200 m #### Classification - Program: mixed - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Mixed program for infill and strike extension. - Positive factor: Infill and extension objectives Evidence · text > 8 channels totaling approximately 200 metres designed to both infill existing mineralized areas and extend the known zone #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Infill Drilling** Polarity: neutral Definition: Confirmatory drilling to raise resource confidence, not new discovery. Why it applies: drill\_program\_type is "mixed" ## Metallurgical Results (1) ### bulk sampling [Link to this fact](https://atlas-extractions.minestarters.com/news/search-minerals-announces-2026-critical-rare-earth-element-exploration-program-i--f5599af7-84ff-48e7-b135-08b163e6fd37#fact-metallurgical-facts-3) Foxtrot Deposit · rare earth elements #### Identity - Project: Foxtrot Deposit - Commodity: rare earth elements - Region: labrador - Reported Region: Labrador - Ticker: SMY #### Test Work - Program Status: optimization - Test Type: bulk sampling - Sample: 15 tonnes of bulk sample material from previous bulk sample pits #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-05-27T00:00:00.000Z Reasoning: Bulk sampling to optimize patented Direct Extraction Process. - Positive factor: Supports demonstration plant - Positive factor: Validated technology Evidence · text > obtain 15 tonnes of bulk sample material from previous bulk sample pits at Foxtrot to supply additional material for a demonstration plant ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.