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Snow Lake Resources ( (LITM) ) just unveiled an update.
On May 15, 2025, Snow Lake Resources Ltd. announced the development of an exploration program for the Pine Ridge Uranium Project in Wyoming’s Powder River Basin, in partnership with Global Uranium and Enrichment Limited. The program aims to start in July 2025 and involves a significant drilling initiative to advance the project. This initiative is expected to enhance Snow Lake’s positioning in the uranium industry by leveraging the favorable regulatory environment and existing infrastructure in the region, potentially transforming Pine Ridge into a major uranium asset in the U.S.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq. It focuses on critical mineral and clean energy projects globally, including the Pine Ridge Uranium project in Wyoming, USA, and the Engo Valley Uranium Project in Namibia. The company also has additional exploration projects in Manitoba.
Average Trading Volume: 727,020
Technical Sentiment Signal: Sell
Current Market Cap: $30.59M
Learn more about LITM stock on TipRanks’ Stock Analysis page.