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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.
Molybdenum (also
called “Moly”) is principally used in making steel. Recent years
have seen record prices for Moly.
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, and 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.
View our Mineral Properties » |