Transformational Acquisition of the Highly Prospective Engo Valley Uranium Project, Namibia, Expanding Snow Lake's Clean Energy Portfolio [Yahoo! Finance]
Snow Lake Resources Ltd. (LITM)
Company Research
Source: Yahoo! Finance
The uranium spot price has doubled over the last year, recently surpassing US$100 per pound, its highest level since 2007 5,784m of relatively shallow drilling was drilled by Gencor on a small part of the project during the 1970's resulting in a historic resource, non-compliant with subpart 1300 of Regulation S-K ("S-K 1300") Two exploration targets, the main uranium occurrence (the "MUO") and the D1 Extension are highly prospective exploration targets, based on the prior exploration work conducted by Gencor, and cover over 700m and 500m of strike length, respectively Regional potential exists over the entire 19km strike length over the broader Engo Valley target, which attains a maximum width of 5 km Supported by an in-country team, all permits are in place for an immediate 1,000m drilling program which will aim to establish an initial mineral resource estimate in compliance with S-K 1300 Namibia is the world's third largest uranium producer, accounting for 11% of global u
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News
- Snow Lake Expands its Clean Energy Portfolio of Mineral Projects with Acquisition of the Black Lake Uranium Project in the Athabasca Basin, Saskatchewan [Yahoo! Finance]Yahoo! Finance
- DNMR, RDUS and TMC are among materials movers [Seeking Alpha]Seeking Alpha
- Snow Lake Initiates 2024 Exploration Program at Engo Valley Uranium Project [Yahoo! Finance]Yahoo! Finance
- Snow Lake's Engo Valley Uranium Project Receives Renewed Exclusive Prospecting License [Yahoo! Finance]Yahoo! Finance
- Uranium Mining in Namibia [Yahoo! Finance]Yahoo! Finance
LITM
Sec Filings
- 4/25/24 - Form 6-K
- 4/11/24 - Form 6-K
- 4/8/24 - Form 6-K
- LITM's page on the SEC website