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Snow Lake Resources ( (LITM) ) has issued an announcement.
On January 12, 2025, Snow Lake Resources announced that it had completed a 2025 drill program at its Pine Ridge Uranium Project in Wyoming, a 50/50 joint venture with Global Uranium and Enrichment Limited, returning what it described as highly successful results from 114 drill holes totaling 38,000 metres. The campaign confirmed widespread and continuous uranium mineralization across multiple sandstone units in the Powder River Basin, identified at least 25 mineralized roll fronts within three major sandstone packages, and delivered some of the strongest intercepts to date, including up to 2.6 metres grading 0.101% U3O8, reinforcing the project’s potential for future in-situ recovery development and expanding the scope for further exploration zones, particularly in deeper sandstone horizons in the southwestern portion of the property.
More about Snow Lake Resources
Snow Lake Resources Ltd., which operates as Snow Lake Energy, is a Canadian nuclear fuel cycle and critical minerals company listed on Nasdaq under the ticker LITM. The company holds a portfolio of U.S.-focused uranium projects, including the Pine Ridge exploration-stage uranium project in Wyoming and the Engo Valley uranium project in Namibia, alongside additional exploration-stage critical minerals projects in Manitoba and minority investments in other North American critical minerals companies, including lithium-focused firms. Snow Lake is also pursuing interests in next-generation uranium enrichment and small modular reactor technologies, positioning itself across key segments of the emerging nuclear and critical minerals value chain.
Average Trading Volume: 1,353,592
Technical Sentiment Signal: Sell
Current Market Cap: $55.28M
For detailed information about LITM stock, go to TipRanks’ Stock Analysis page.

