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Snow Lake Resources Provides Update on the Black Lake Uranium Project
Winnipeg, Manitoba--(Newsfile Corp. - July 24, 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. - July 24, 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 its Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan, Canada. CEO Remarks \"We are pleased to have completed our acquisition of the option to acquire a 100% interest in the Black Lake Uranium Project\" commented Frank Wheatley, CEO of Snow Lake. He continued: \"With permits expected shortly, we can now begin to schedule in earnest our exploration program, and expect to initiate the program with an airborne survey of the entire project area. In addition, we can now give the green light to our exploration crews to begin preparation to mobilize to the field for initial prospecting and ground geophysics, focusing on areas of known uranium mineralization.\" Black Lake Uranium Project The Black Lake Uranium Project is located in the northeastern Athabasca Basin, Saskatchewan. Uranium mineralization was discovered in 1950 and exploration was conducted intermittently by a number of companies during the 1950's and 1970's. The Black Lake Uranium Project (the \"Project\") is considered to be an exploration stage project with historical, non-modern mining code compliant uranium resources, that would also benefit from modern exploration techniques and technology for uranium exploration. 2024 Exploration Program Snow Lake has designed a multi-phase exploration program for 2024 for the Project. Phase 1 of the program consists of obtaining, compiling, digitizing and reviewing all historical exploration data on the Project, which includes: all historical exploration data, plans, maps, geological reports, survey reports and assessment reports from prior companies' exploration programs in the 1950's and 1970's; all previous geologic, radiometric, and scintillometer surveys; assay results from prior diamond drilling programs on the Higginson Lake, Charlebois Lake and Spreckly Lake project areas. Obtaining and compiling all historical data has greatly facilitated designing a detailed exploration program using the latest geophysical technology to both verify known uranium mineralization on the Project, as well as to identify new targets for further exploration. Phase 1 is now complete and Phase 2, consisting of an airborne survey over the e...