Search Minerals Announces Results of the Fox Run 2025 Critical Rare Earth Element Channel Program in Southeastern Labrador
Original announcement by tmx on
- Company
- Search Minerals Inc.
- Ticker
- SMY
- Exchange
- TSX
- Region
- Labrador
- Primary commodity
- Rare earth
- Secondary commodities
- Zirconium, Hafnium
- Document categories
- Drill results, Other
- Extracted
- 2026-09-16 22:47:51 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Search Minerals reported results from a 2025 channel sampling program at the Fox Run, Foxy Lady, Krazy Fox, and Silver Fox prospects in Labrador. Notable intercepts at Fox Run included high concentrations of Nd, Pr, Dy, and Tb over widths up to 18.18m, which are comparable to the company's existing Foxtrot resource.
Reasoning: The program successfully identified significant channel-scale mineralization at the Fox Run prospect with grades comparable to existing resources, extending the known mineralized belt.
Positive factors
- Significant width of mineralized channels (up to 18m)
- High-grade neo-CREO elements (Nd, Pr, Dy, Tb) reported
- Proximity to existing advanced resources (Foxtrot and Deep Fox)
- QA/QC protocols and ISO accredited lab disclosed
Facts used in scoring: 4
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes detailed QA/QC protocols, mention of ISO/IEC 17025 accredited lab (ActLabs), and use of standards and duplicates.
Evidence · text
“ActLabs is an ISO/IEC 17025 accredited laboratory.”
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Prospects like Fox Run and Foxy Lady occur along the same mineralized belt as existing deposits, suggesting extension of the district.
Evidence · text
“the Fox Run and Foxy Lady prospects occur along the same mineralized belt between the Company's Foxtrot and Deep Fox deposits”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: The value of the new prospects is explicitly linked to their proximity to the Foxtrot and Deep Fox resources.
Evidence · text
“The proximity of these prospects to the Foxtrot and Deep Fox resources highlights the potential for additional mineralized zones”
Extracted facts
Stored fact records: 4. Some facts used in scoring do not have a stored record.
Drill Results (4)
FRC-25-01Fox Run · rare earthGrade: 1200Grade Unit: ppmIntercept: 18.18 mView all detailsHide details
Identity
- Hole ID
- FRC-25-01
- Project
- Fox Run
- Commodity
- rare earth
- Region
- labrador
- Reported Region
- labrador
- Ticker
- SMY
Geometry
- Grade
- 1200
- Grade Unit
- ppm
- Intercept
- 18.18 m
Classification
- Sample Type
- channel
- Group ID
- FRC-25-01:0-18.18
- Mining Method
- unknown
Location
- Location
- Fox Run
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd (ActLabs)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-19T00:00:00.000Z
Reasoning: Strong intercept of neo-CREO elements over a significant width.
Positive factors
- High grade Nd and Pr
Evidence · text
“FRC-25-01 (channel): 164 ppm Dy, 1200 ppm Nd, 321 ppm Pr, 28.0 ppm Tb over 18.18m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The discovery of additional deposits within 10 km of the Foxtrot and Deep Fox resources would provide material to extend"
FRC-25-01Fox Run · rare earthGrade: 321Grade Unit: ppmIntercept: 18.18 mView all detailsHide details
Identity
- Hole ID
- FRC-25-01
- Project
- Fox Run
- Commodity
- rare earth
- Region
- labrador
- Reported Region
- labrador
- Ticker
- SMY
Geometry
- Grade
- 321
- Grade Unit
- ppm
- Intercept
- 18.18 m
Classification
- Sample Type
- channel
- Group ID
- FRC-25-01:0-18.18
- Mining Method
- unknown
Location
- Location
- Fox Run
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd (ActLabs)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-19T00:00:00.000Z
Reasoning: Part of a high-grade multi-element intercept.
Positive factors
- High grade Pr
Evidence · text
“FRC-25-01 (channel): 164 ppm Dy, 1200 ppm Nd, 321 ppm Pr, 28.0 ppm Tb over 18.18m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The discovery of additional deposits within 10 km of the Foxtrot and Deep Fox resources would provide material to extend"
FRC-25-03Fox Run · rare earthGrade: 1476Grade Unit: ppmIntercept: 7.08 mView all detailsHide details
Identity
- Hole ID
- FRC-25-03
- Project
- Fox Run
- Commodity
- rare earth
- Region
- labrador
- Reported Region
- labrador
- Ticker
- SMY
Geometry
- Grade
- 1476
- Grade Unit
- ppm
- Intercept
- 7.08 m
Classification
- Sample Type
- channel
- Group ID
- FRC-25-03:0-7.08
- Mining Method
- unknown
Location
- Location
- Fox Run
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd (ActLabs)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-19T00:00:00.000Z
Reasoning: High grade Nd intercept.
Positive factors
- Very high Nd grade
Evidence · text
“FRC-25-03 (channel): 200 ppm Dy, 1476 ppm Nd, 402 ppm Pr, 33.7 ppm Tb over 7.08m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The discovery of additional deposits within 10 km of the Foxtrot and Deep Fox resources would provide material to extend"
FLC-25-05Fox Run · rare earthGrade: 1307Grade Unit: ppmIntercept: 4.24 mView all detailsHide details
Identity
- Hole ID
- FLC-25-05
- Project
- Fox Run
- Commodity
- rare earth
- Region
- labrador
- Reported Region
- labrador
- Ticker
- SMY
Geometry
- Grade
- 1307
- Grade Unit
- ppm
- Intercept
- 4.24 m
Classification
- Sample Type
- channel
- Group ID
- FLC-25-05:0-4.24
- Mining Method
- unknown
Location
- Location
- Fox Run
- Loc. Source
- document
QA/QC
- Laboratory
- Activation Laboratories Ltd (ActLabs)
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-03-19T00:00:00.000Z
Reasoning: High grade Nd intercept.
Positive factors
- High grade Nd
Evidence · text
“FLC-25-05 (channel): 194 ppm Dy, 1307 ppm Nd, 344 ppm Pr, 33.4 ppm Tb over 4.24m”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "The discovery of additional deposits within 10 km of the Foxtrot and Deep Fox resources would provide material to extend"
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.