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Snow Lake Resources ( (LITM) ) has shared an update.
On October 2, 2025, Snow Lake Resources Ltd. announced the completion of 15 additional drill holes at its Pine Ridge Uranium Project in Wyoming, a joint venture with Global Uranium and Enrichment Limited. The results, which include significant intercepts of uranium mineralization, continue to demonstrate the project’s strong development potential. The drilling program, which aims to complete 125 holes by November 2025, has confirmed the existence of two major sandstone units suitable for future in-situ recovery development. The project is strategically positioned in a premier U.S. uranium basin, benefiting from rising uranium prices and supportive U.S. energy policies.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian company focused on the nuclear fuel cycle and critical minerals. It is listed on NASDAQ under the symbol LITM. The company has a portfolio of uranium projects in the United States, including the Pine Ridge Uranium project in Wyoming, and interests in next-generation uranium enrichment and advanced reactor technology. Snow Lake also holds exploration stage projects in Manitoba and Namibia, and investments in public companies with critical minerals assets such as antimony, rare earths, and lithium in North America.
Average Trading Volume: 709,827
Technical Sentiment Signal: Hold
Current Market Cap: $35.44M
See more insights into LITM stock on TipRanks’ Stock Analysis page.