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Snow Lake Energy Receives Positive Preliminary Results from the Engo Valley Phase 2 Drill Program
Winnipeg, Manitoba--(Newsfile Corp. - June 18, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake"), a uranium exploration and
About this update from Frontier Nuclear And Minerals Inc.
[{"type":"text","content":" Winnipeg, Manitoba--(Newsfile Corp. - June 18, 2025) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) (\"Snow Lake\"), a uranium exploration and development company, announces that it has received some positive initial results from the Phase 2 drill program at the Engo Valley Uranium Project (\"Engo Valley\"). Highlights First segment of the Phase 2 drill program is now complete A total of 31 reverse circulation (RC) drill holes completed for a total of 2,719 meters 8 out of the 31 RC drill holes in the first segment returned mineralized intersections greater than 100 ppm eU3O8, ranging from 1 meter to 20 meters in width Samples from each drill hole have been sent for chemical assays and results are pending Phase 2 drill program is planned to consist of up to 7,500 meters of a combination of reverse circulation and diamond drilling, and is designed to provide a drill database sufficient to calculate a maiden uranium mineral resource estimate in accordance with SK-1300 Maiden mineral resource estimate is currently scheduled for completion before the end of 2025 CEO Remarks \"We continue to make steady progress on our Phase 2 drill program at Engo Valley. Initial results from the RC portion of the drilling program have produced good intercepts of uranium mineralization,\" said Frank Wheatley, CEO of Snow Lake. \"As we being the diamond drilling segment of the Phase 2 drill program, we remain on schedule to complete a maiden resource estimate for Engo Valley by year end.\" \"As the global supply deficit of uranium expands, new uranium mines will be required to meet increasing demand. With Namibia being the world's third largest uranium producer, exploring and developing prospective projects like Engo Valley is essential to identifying and proving up potential new economic sources of primary uranium.\" Update - Phase 2 Drill Program A total of 21 infill RC holes have been completed in the MUO, 6 infill RC holes within the D1 North area, and 4 RC holes were completed in the MUO-D1 area. Downhole radiometrics were completed on each drill hole with a gamma spectrometer probe. The reader is cautioned that Snow Lake uses eU3O8 calculations as a preliminary indication for chemical grades that have yet to be confirmed by chemical assays. Snow Lake considers all eU3O8 readings below 50 ppm as background radioactivity, and ...