Snow Lake Resources Completes Acquisition of Pine Ridge Uranium Project

Snow Lake Resources ( (LITM) ) just unveiled an update.

On April 28, 2025, Snow Lake Resources Ltd. announced the successful completion of its joint acquisition of the Pine Ridge Uranium Project in Wyoming’s Powder River Basin with Global Uranium and Enrichment Limited. This acquisition positions Snow Lake as a significant player in the uranium industry, with the Pine Ridge project offering a large exploration target. Snow Lake now holds a 19.9% stake in Global Uranium and Enrichment Limited, and its CEO, Frank Wheatley, has joined the board of GUE. The company is advancing preparations for a 2025 drilling program at Pine Ridge, which could have substantial implications for its operations and market presence.

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 symbol LITM. The company has a global portfolio of clean energy mineral projects, including two uranium projects and two hard rock lithium projects. Notable projects include the Engo Valley Uranium Project in Namibia, the Black Lake Uranium Project in Saskatchewan, the Shatford Lake Project in Manitoba, and the Snow Lake Lithium Project in Northern Manitoba.

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