Exploration Drilling Underway At Pine Ridge Uranium Project

WINNIPEG – Snow Lake Resources Ltd., d/b/a Snow Lake Energy reported that its initial exploration drill program is now underway at the Pine Ridge Uranium Project in Wyoming, a 50/50 joint venture with Global Uranium and Enrichment Limited (GUE). Pine Ridge is located in the Powder River Basin in Wyoming,
Drill permit approval received from Wyoming Department of Environmental Quality (DEQ) for the maiden drill program at the Pine Ridge. Pine Ridge is a near-development In-Situ Recovery (ISR) uranium project located in the heart of Wyoming’s Powder River Basin and primed for rapid advancement. A large and aggressive drill program of ~38,000m (125,000ft) has begun with high priority drill targets identified.
“We are delighted to have begun our drilling campaign at Pine Ridge,” said Frank Wheatley, CEO. “Our Joint Venture team has reviewed all of the historical drilling data for Pine Ridge and has defined a series of high-priority drill targets. The current drill campaign contemplates up to 38,000 meters of drilling designed to establish a data base sufficient to calculate a maiden mineral resource estimate prior to the end of 2025.
As we continue to note, the U.S. needs new uranium mines. We are excited to begin our drill program at Pine Ridge, which we feel has all the characteristics of a leading U.S based uranium development project that holds the potential to positively contribute to satisfying the U.S. goals of increasing domestic production of uranium.”