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Snow Lake Resources ( (LITM) ) has issued an update.
On September 17, 2025, Snow Lake Resources Ltd. announced promising initial drill results from its Pine Ridge Uranium Project in Wyoming, a joint venture with Global Uranium and Enrichment Limited. The project, located in the Powder River Basin, has completed 33 drill holes totaling 12,540 meters, revealing significant uranium mineralization. The results confirm the project’s strong potential, with drilling set to continue until November 2025, aiming for a maiden mineral resource estimate by year-end. This development positions Snow Lake as a key player in the uranium exploration industry, potentially impacting its market presence and stakeholder interests.
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 ticker LITM and has a portfolio of uranium projects in the United States, along with interests in uranium enrichment and advanced reactor technology. The company also holds exploration stage projects in Manitoba and Namibia, and investments in critical minerals assets such as antimony, rare earths, and lithium in North America.
Average Trading Volume: 313,006
Technical Sentiment Signal: Sell
Current Market Cap: $32.47M
For an in-depth examination of LITM stock, go to TipRanks’ Overview page.