Searchlight Minerals Corp. to Host Annual Shareholders Meeting on December 15, 2009
01 December 2009 - 1:00AM
Marketwired
Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the
"Company"), an exploration stage minerals company focused on
precious metals projects in the southwestern United States, today
extended an invitation to shareholders to attend the Company's
Annual Shareholders Meeting on December 15, 2009.
The Annual Shareholders Meeting will be held at 8:30 a.m. MST at
the Sheraton Crescent Hotel in Phoenix, Arizona. The hotel is
located at 2620 West Dunlap Avenue, near the intersection of
Interstate 17 and West Dunlap Avenue in Phoenix.
Following the Annual Shareholders Meeting, the Company will
provide bus transportation for a tour of the Clarkdale Slag Project
in Clarkdale, Arizona. Shareholders who elect to participate in the
tour will be returned to the Sheraton Crescent Hotel at
approximately 4:00 p.m. MST the same day.
Shareholders who would like to participate in the Clarkdale tour
should contact Rachel Hunt at Searchlight Minerals Corp. at (702)
939-5245 or via email at rhunt@searchlightminerals.com no later
than December 7, 2009, to reserve a seat on the bus.
The Company has arranged for shareholders to obtain hotel rooms
at the Sheraton at a rate of $95.00 (plus tax), subject to
availability. Those wishing to reserve hotel rooms should contact
the Sheraton directly at (602) 943-8200.
Projected temperatures for the Phoenix area in mid-December
approximate 67 degrees during the day and 45 degrees in the
evening. Projected daytime temperatures for Clarkdale approximate
52 degrees.
About Searchlight Minerals Corp.
Searchlight Minerals Corp. is a minerals exploration company
focused on the acquisition and development of projects in the
southwestern United States. The Company is currently involved in
two projects: (1) the Clarkdale Slag Project, located in Clarkdale,
Arizona, is a reclamation project to recover precious and base
metals from the reprocessing of slag produced from the smelting of
copper ores mined at the United Verde Copper Mine in Jerome,
Arizona; and (2) the Searchlight Gold Project, which involves
exploration for precious metals on mining claims near Searchlight,
Nevada. The Clarkdale Project is the more advanced of two ongoing
projects that the Company is pursuing. The Searchlight Gold Project
is an early-stage gold exploration endeavor on 3,200 acres located
approximately 50 miles south of Las Vegas, Nevada.
Searchlight Minerals Corp. is headquartered in Henderson,
Nevada, and its common stock is listed on the OTC Bulletin Board
under the symbol "SRCH." Additional information is available on the
Company's website at www.searchlightminerals.com and in the
Company's filings with the U.S. Securities and Exchange
Commission.
Forward-Looking Statements
This Press Release may contain, in addition to historical
information, forward-looking statements. Statements in this Press
Release that are forward-looking statements are subject to various
risks and uncertainties concerning the specific factors disclosed
under the heading "Risk Factors" in the Company's periodic filings
with the Commission. When used in this Press Release in discussing
the private placement, the amendments to the warrants or the
Company's ongoing projects, including, without limitation, the
manner in which the Company intends to use of proceeds of the
private placement and the filing of a post-effective amendment to
the registration statement, the words such as "intend," "believe,"
"could," "may," "expect" and similar expressions are
forward-looking statements. The risk factors that could cause
actual results to differ from these forward-looking statements
include, but are not restricted to changes in the Company's
business strategy, the Company's response to competitive pressures,
the Company's limited operating history, uncertainties about the
availability of additional financing, geological or mechanical
difficulties affecting the Company's planned mineral recovery
programs, the risk that actual capital costs, operating costs and
economic returns may differ significantly from the Company's
estimates, uncertainty whether the results from the Company's
feasibility studies and the results from the operation of the
production module are not sufficiently positive for the Company to
proceed with the construction of its processing facility,
operational risk, the impact of governmental and environmental
regulation, financial risk, currency risk volatility in the prices
of precious metals and other statements that are not historical
facts as disclosed under the heading "Risk Factors" in the
Company's periodic filings with securities regulators in the United
States. Consequently, risk factors including, but not limited to
the aforementioned, may result in significant delays to the
projected or anticipated production target dates.
Contact Information: Rachel Hunt (702) 939-5245 Email Contact or
RJ Falkner & Company, Inc. Investor Relations Counsel (800)
377-9893 Email Contact
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