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Snow Lake Resources ( (LITM) ) has provided an announcement.
On July 25, 2025, Snow Lake Resources Ltd. announced the commencement of its initial exploration drilling program at the Pine Ridge Uranium Project in Wyoming, a joint venture with Global Uranium and Enrichment Limited. This significant drilling initiative, approved by the Wyoming Department of Environmental Quality, involves approximately 38,000 meters of drilling to test high-priority targets. The project is strategically located in the Powder River Basin, a key area for uranium production in the U.S., and aims to establish a maiden mineral resource estimate by the end of 2025. The development of Pine Ridge is expected to contribute to increasing domestic uranium production in the U.S., aligning with national goals.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the ticker LITM. The company has a global portfolio of critical mineral and clean energy projects, including the Pine Ridge Uranium project in Wyoming, USA, and the Engo Valley Uranium Project in Namibia. Snow Lake also holds additional exploration stage critical minerals projects in Manitoba and investments in public companies with critical minerals assets.
Average Trading Volume: 763,674
Technical Sentiment Signal: Sell
Current Market Cap: $39.2M
For a thorough assessment of LITM stock, go to TipRanks’ Stock Analysis page.
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