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An update from Snow Lake Resources ( (LITM) ) is now available.
On June 18, 2025, Snow Lake Resources Ltd. announced positive preliminary results from its Phase 2 drill program at the Engo Valley Uranium Project in Namibia. The first segment of the program completed 31 reverse circulation drill holes, with 8 returning significant mineralized intersections. The program aims to develop a database for a maiden uranium mineral resource estimate by the end of 2025. This progress is crucial as the global uranium supply deficit grows, highlighting the importance of developing new uranium sources.
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 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. Snow Lake also manages additional exploration stage critical minerals projects in Manitoba, Canada.
Average Trading Volume: 896,634
Technical Sentiment Signal: Sell
Current Market Cap: $28.63M
See more data about LITM stock on TipRanks’ Stock Analysis page.