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STRATEGIC RESOURCES
McIntyre & Bauman Group founded
Searchlight Strategic Resources in 2007 to explore for new United
States domestic supplies of strategic minerals, including Molybdenum,
Uranium and Columbium and Rare Earths.
These properties are available for
acquisition, lease or joint venture, individually or as a group.
Molybdenum (also called “Moly”)
is principally used in making steel. Recent years have seen record
prices for Moly. Four of McIntyre Bauman Group’s long-term holdings
will be explored for Moly::
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American
Molygold
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Mineral
Mountain
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Mineral Park
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Rochester
Molygold
Uranium is also in high
demand and prices have increased dramatically. McIntyre & Bauman
Group’s Grand Gulch Mine is located in the Arizona Strip, the
principal uranium producing province of Arizona. A historic copper
mine, Grand Gulch is known to host vanadium, and is highly prospective
for uranium at depth.
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Grand Gulch
Columbium and Rare Earths
have been called the “vitamins” of high-tech industry. McIntyre &
Bauman Group’s Ravalli property, which includes the Dark Star rare
earth mine, first shipped ore in the 1950’s. Ravalli ore includes
columbium and numerous rare earth elements (REE), which have the
following cutting – edge applications:
Columbium (also called
niobium) and sister element Tantalum – superconducting magnets for NMR
machines and body scanners.
Cerium – catalytic
converters, phosphors for color cathode ray tubes and x-ray
intensifying screens
Gadolinium – magnets for
computer equipment, color phosphors
Lanthanum – catalytic
converters
Neodymium – permanent
magnets for automotive engines
Praseodymium – magnets for
telecommunications equipment
Yttrium – catalytic
converters, tri-phosphor fluorescent lamps
Other applications for rare earth
elements are lasers, superconductors, magnetorestrictive alloys and
magnetic refrigeration.
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Ravalli

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