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Snow Lake Resources ( (LITM) ) has provided an update.
On July 2, 2025, Snow Lake Resources Ltd. announced the commencement of a major drilling program at its Pine Ridge Uranium Project in Wyoming, in partnership with Global Uranium and Enrichment Limited. The joint venture has engaged Single Water Services LLC to conduct the drilling, which aims to fast-track the delineation of ISR-amenable uranium resources. The project, located in Wyoming’s Powder River Basin, is strategically positioned for rapid advancement due to its significant scale and proximity to existing uranium facilities. The drilling program, set to begin on July 21, 2025, will cover approximately 38,000 meters and is expected to enhance the project’s development potential, supported by historical data and geological reviews.
More about Snow Lake Resources
Snow Lake Resources Ltd., doing business as Snow Lake Energy, is a Canadian mineral exploration company listed on Nasdaq under the symbol LITM. The company focuses on 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 has investments in public companies with critical minerals assets.
Average Trading Volume: 716,990
Technical Sentiment Signal: Sell
Current Market Cap: $30.35M
For detailed information about LITM stock, go to TipRanks’ Stock Analysis page.