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Confirmed Presence Of Reox Boundaries & Uranium Mineralization At The Pine Ridge Project
WINNIPEG – Snow Lake Resources Ltd., (dba Snow Lake Energy)reported on its Pine Ridge Uranium Project, located in the Powder River Basin in Wyoming, a 50/50 joint venture with Global Uranium and Enrichment Limited (GUE). The Joint Venture has completed a total of 33 holes on Pine Ridge, for a total of 12,540m (41,140 ft) of drilling. The drilling has delivered encouraging intercepts including 1.1m at 780 ppm U3O8 within a broader interval of 3.5m at 540 ppm U3O8, and including 1.2m at 1,320 ppm U3O8 within a broader interval of 2.0m at 920 ppm U3O8.
“We are very pleased and encouraged with the initial drill results from our Pine Ridge uranium project in the Powder River Basin, Wyoming. The wide spaced drilling, designed to target roll-front uranium deposits, has confirmed the presence of redox boundaries and uranium mineralization, and continues to demonstrate the strong development potential of Pine Ridge. Our drill program will continue through the second half of 2025 as we target a maiden mineral resource estimate by year end,” said Frank Wheatley, CEO.
Ongoing results are very encouraging as they have confirmed and further defined the original concept of multiple redox boundaries that are hosted by numerous sand horizons. The drill program was designed to test high-priority areas that were outlined by historical drilling with drill centers of approximately 150m (500 ft.). Drill results will continue to be evaluated, and infill drilling will take place to further outline roll front deposits and develop an inferred mineral resource estimate.
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