Snow Lake Expands its Clean Energy Portfolio of Mineral Projects with Acquisition of the Black Lake Uranium Project in the Athabasca Basin, Saskatchew

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Algemeen advies 26/04/2024 05:36
Highlights

Snow Lake's transition to a clean energy materials company continues with the acquisition of the Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan
Saskatchewan was the second-largest global producer of uranium in 2022 and accounted for 15% of the world's primary uranium production[1]
Saskatchewan also hosts the world's largest, highest grade uranium deposits, and is the source of almost a quarter of the world's uranium supply for electrical generation[2]
The Black Lake Uranium Project consists of four separate projects, being Higginson Lake, Charlebois Lake, Fisher Hayes and Spreckley Lake, each of which hosts know uranium mineralization
Historic work programs in the 1950's and 1970's confirmed the presence of uranium mineralization and non-SK-1300 compliant resources on all four projects
The Black Lake Uranium Project covers a total of 18,908 hectares and is situated to the northeast of Black Lake
Historic trench sampling results from the 1950's indicate up to 1.57% U3O8
Winnipeg, Manitoba--(Newsfile Corp. - April 25, 2024) - Snow Lake Resources Ltd., (NASDAQ: LITM) d/b/a Snow Lake Energy
see & read more on
https://www.newsfilecorp.com/release/206681/



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