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by Will Purcell

The critical and specialty minerals stocks box score on Monday was a weak 70-108-132 as the TSX Venture Exchange rose nine points to 1,065. Jason Macintosh's Search Minerals Inc. (SMY), which came off an 18-month halt last June at 25 cents and soared to $1 in fall only to fall back to 25 cents recently, went on an encouraging run Friday, adding 7.5 cents to 36 cents on 63,000 shares.

The latest rally was the result of Search cheering a $91,000 grant from the Newfoundland government, awarded in support of its 2025 exploration program at its critical rare earth elements project in the Port Hope Simpson district of southeastern Labrador. The project includes Foxtrot, Deep Fox and several other vixens -- Fox Meadow, Silver Fox, Fox Run and Awesome Fox.

Foxtrot and Deep Fox are the flagships, but they have been rusting away in dry dock since Search rolled out a preliminary economic assessment for them four years ago. The study was based on a combined 15.1 million tonnes indicated averaging 1,402 ppm neodymium, 375 ppm praseodymium, 32 ppm terbium and 185 ppm dysprosium, with 6.3 million tonnes inferred at comparable grades. About half the combined resource is deemed open pittable.

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