Search Minerals Inc.

Search Minerals Inc. is a Canadian rare-earth exploration and development company listed on the TSX Venture Exchange (TSXV: SMY) and the OTC market (SHCMF), focused on critical and heavy rare-earth elements in southeastern Labrador, Canada. The company controls the Port Hope Simpson Critical Rare Earth Element (CREE) District, a 63-kilometre mineral belt hosting its flagship Foxtrot and Deep Fox deposits, situated near the deep-water port of St. Lewis. Search Minerals has reported a positive Preliminary Economic Assessment with a post-tax NPV of roughly C$1.31 billion and an IRR of 41.5%, and has run pilot plants producing mixed rare-earth carbonate and oxide concentrates enriched in neodymium, praseodymium, dysprosium and terbium. In 2026 it launched an environmental baseline program to advance Deep Fox and Foxtrot toward Environmental Assessment Registration, backed by a provincial exploration grant, positioning Search Minerals as an emerging North American heavy rare-earth supplier.