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Snow Lake Resources Provides Exploration Update on the Engo Valley Uranium Project
Winnipeg, Manitoba--(Newsfile Corp. - June 21, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased
About this update from Frontier Nuclear And Minerals Inc.
[{"type":"text","content":" Winnipeg, Manitoba--(Newsfile Corp. - June 21, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) (\"Snow Lake\" or the \"Company\") is pleased to provide an update on the exploration program currently underway on its Engo Valley Uranium Project in Namibia. Highlights Initial RadonX™ survey successfully identified potentially uraniferous areas Anomalous zones correlate very well with historical targets identified by Gencor Northern anomalous zones appear to extend beyond those identified by Gencor An infill RadonX™ survey is currently underway to better identify drill targets United States Senate passes the \"ADVANCE Act\", designed to reestablish the US as the global leader in nuclear energy CEO Remarks \"The first exploration program on the Engo Valley Uranium Project since the 1970's is well underway,\" commented Frank Wheatley, CEO of Snow Lake. He continued: \"We are extremely encouraged by initial results from the first phase of the RadonX™ cup survey, and our field crews are currently deploying an in-fill RadonX™ cup program on the identified anomalies as we begin to firm up our drill targets. In world events, we believe the new nuclear energy law passed by the United States Senate earlier this week, is extremely positive and supportive of our efforts in exploring and developing the Engo Valley Uranium Project.\" Engo Valley Uranium Project 2024 Exploration Program Underway The initial phase of Snow Lake's 2024 exploration program consisted of an analysis of all airborne survey data previously flown by the Namibian Government over the project area, together with all other historical exploration reports and data on the project area on file with the Namibian Ministry of Mines and Energy. This was followed by exploration field crews mobilizing to site in May, where the two initial components of the 2024 field program: 1) a topographical survey of the project site; and 2) locating all historic drill collars from Gencor's 1970 drilling campaign, were completed. The initial phase of a RadonX™ cup survey, where a total of 1,752 radon cups were deployed at a line and cup spacing of 400 meters and 200 meters, respectively, over a survey area of approximately 139 square kilometers, was initiated in late May and completed in early June. (See Figure 1 below) The initial phase of this survey successfully identifi...