Snow Lake Resources Ltd

Snow Lake Resources Ltd. engages in the exploration and development of mineral resources. The company was founded on May 25, 2018 and is headquartered in Winnipeg, Canada.

Earnings data Q2 2022

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Winnipeg, Manitoba--(Newsfile Corp. - March 4, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide a brief overview of uranium mining in Namibia.

Uranium Mining in Namibia

Highlights: Snow Lake begins transition to a diverse clean energy company with exclusive option to acquire 85% of the 68,283 hectares / 683 km 2 Engo Valley Uranium Project, Namibia (Figures 1, 2 and 3) The uranium spot price has doubled over the last year, recently surpassing US$100 per pound, its highest level since 2007 5,784m of relatively shallow drilling was drilled by Gencor on a small part of the project during the 1970's resulting in a historic resource, non-compliant with subpart 1300 of Regulation S-K ("S-K 1300") Two exploration targets, the main uranium occurrence (the "MUO") and the D1 Extension are highly prospective exploration targets, based on the prior exploration work conducted by Gencor, and cover over 700m and 500m of strike length, respectively Regional potential exists over the entire 19km strike length over the broader Engo Valley target, which attains a maximum width of 5 km Supported by an in-country team, all permits are in place for an immediate 1,000m drilling program which will aim to establish an initial mineral resource estimate in compliance with S-K 1300 Namibia is the world's third largest uranium producer, accounting for 11% of global uranium production, and also boasts the following development projects: Deep Yellow's (Market Cap $1.07B AUD) Tumas Uranium Project with 132.9 Mlbs of contained U 3 0 8 1 ; Bannerman Energy's (Market Cap $496M AUD) Etango Project with 207 Mlbs of contained U 3 0 8 2 ; and Forsys Metal's (Market Cap $191.5M CAD) Norosa Uranium Project with 91 Mlbs of contained U 3 0 8 3 . Winnipeg, Manitoba--(Newsfile Corp. - February 21, 2024) - Snow Lake Resources Ltd.

Transformational Acquisition of the Highly Prospective Engo Valley Uranium Project, Namibia, Expanding Snow Lake's Clean Energy Portfolio

Winnipeg, Manitoba--(Newsfile Corp. - February 8, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company"), is pleased to announce that it has entered into an option agreement (the "Option Agreement") with a private Manitoba company ("Manco") to acquire a 90% undivided interest in a group of mineral claims in the Muskrat Dam Lake area of Western Ontario, near Kenora and the border with Manitoba (the "Muskrat Dam Project").

Snow Lake Expands Its Lithium Portfolio with Mineral Claims near Kenora, Ontario

ACME Lithium Inc. (CSE:ACME, OTCQB:ACLHF) announced that it has signed an option agreement with Snow Lake Resources, enabling Snow Lake to earn up to a 90% undivided interest in ACME's mineral claims at its Manitoba lithium pegmatite project areas. The Manitoba lithium group comprises 37 mineral claims over three project areas totaling around 17,000 acres.

ACME Lithium grants option to Snow Lake Resources for Manitoba lithium project

Vancouver, British Columbia--(Newsfile Corp. - January 30, 2024) - ACME Lithium Inc. (CSE: ACME) (OTCQB: ACLHF) (the "Company", or "ACME") is pleased to announce that, further to its news release of December 20, 2023, it has signed an option agreement with Snow Lake Resources Ltd., d/b/a Snow Lake Lithium (NASDAQ: LITM) ("Snow Lake"), pursuant to which ACME has granted Snow Lake the option to earn up to a 90% undivided interest in the mineral claims held by ACME at its Manitoba lithium pegmatite project areas, located in south eastern Manitoba, Canada.

ACME Lithium Signs Option Agreement with Snow Lake Resources at its Manitoba Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - January 11, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce an update to shareholders from its Chief Executive Officer, Frank Wheatley.

Snow Lake Lithium CEO Update to Shareholders

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2023) - ACME Lithium Inc. (CSE: ACME) (OTCQX: ACLHF) (the "Company", or "ACME") is pleased to announce that it has entered into a binding Letter of Intent ("LOI)" with Snow Lake Resources Ltd., d/b/a Snow Lake Lithium (NASDAQ:LITM) ("Snow Lake") pursuant to which ACME will grant Snow Lake the option to earn up to a 90% undivided interest in the mineral claims held by ACME Lithium at its Manitoba lithium pegmatite project areas, located in southeastern Manitoba, Canada.

ACME Lithium Announces Option Agreement on Its Manitoba Lithium Project with Snow Lake Lithium and Provides Saskatchewan Update

Winnipeg. Manitoba--(Newsfile Corp. - December 20, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that it has entered into a binding letter of intent ("LOI") with ACME Lithium Ltd.

Snow Lake Expands Its Lithium Portfolio with Mineral Claims Next to the Tanco Mine

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Winnipeg, Manitoba--(Newsfile Corp. - November 7, 2023) - Snow Lake Resources Ltd. (NASDAQ: LITM), a lithium development company with 2 hardrock lithium deposits in Manitoba, is pleased to announce that the company will be presenting at Red Cloud's 2023 Fall Mining Showcase.

Snow Lake Resources Ltd. Announces Participation in Red Cloud's 2023 Fall Mining Showcase in Toronto

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Winnipeg, Manitoba--(Newsfile Corp. - October 17, 2023) - Snow Lake Resources Ltd. (NASDAQ: LITM), Snow Lake Lithium™, a lithium development company with 2 hard rock lithium deposits in Manitoba, Canada, will be participating in The ThinkEquity Conference, which will take place on October 19, 2023 at The Mandarin Oriental Hotel in New York.

Snow Lake Resources Ltd. Announces Participation in The ThinkEquity Conference

Winnipeg, Manitoba--(Newsfile Corp. - October 12, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that Snow Lake and Critical Discoveries have entered into an agreement to work collaboratively on Snow Lake's lithium growth strategy.

Snow Lake to Partner with Critical Discoveries on Lithium Growth Strategy

Winnipeg, Manitoba--(Newsfile Corp. - October 5, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce the final set of results from the 2022/2023 winter-spring drill program at its 100% owned Grass River lithium project.

Final 2022 / 2023 Drill Results Deliver Additional High-Grade Results at the Grass River Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - October 4, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake"), is pleased to announce that Snow Lake CEO Frank Wheatley will be presenting on Wall Street Reporter's Livestream on October 4, 2023 at 1:00 pm EST.

Snow Lake Is Presenting on Wall Street Reporter's Livestream on October 4, 2023

Winnipeg, Manitoba--(Newsfile Corp. - September 21, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that, further to its press release dated September 18, 2023, it has closed its best-efforts flow-through financing of 2,133,979 of its common shares (each, a "Share") at a price of CDN$3.6117 (US$2.67) per Share for gross proceeds of CDN$7,707,291.95 (US$5,697,709.73) (the "Offering").

Snow Lake Announces Closing of Premium Priced Flow-Through Offering of CDN$7.7 Million

Winnipeg, Manitoba--(Newsfile Corp. - September 18, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that it has priced and intends to complete a best-efforts flow-through financing of 2,133,979 of its common shares (each, a "Share") at a price of CDN$3.6117 (US$2.67) per Share for gross proceeds of CDN$7,707,291.95 (US$5,697,709.73) (the "Offering").

Snow Lake Announces Premium Pricing of CDN$7.7 Million Flow-Through Offering

Winnipeg, Manitoba--(Newsfile Corp. - September 11, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd.

Snow Lake Announces CEO Update to Shareholders

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Snow Lake Resources: Lithium demand is increasing due to the widespread adoption of electric vehicles and energy storage systems. About 2 billion EVs need to be on the road by 2050 for the world to hit net-zero, the IEA says, but sales stood at just 6.6 million in 2021 and 10.8 million last year. Snow Lake Resources, a Canadian company, has a large lithium resource and is undervalued, but there are financial and technical risks to consider.

Snow Lake Resources: A Risky Bet On Lithium Scarcity

Winnipeg, Manitoba--(Newsfile Corp. - August 10, 2023) - Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd.

Snow Lake Announces Completion and Release of S-K 1300 Technical Report Summary of Initial Assessment of the Snow Lake Lithium Project

Winnipeg, Manitoba--(Newsfile Corp. - July 17, 2023) - Snow Lake Resources Ltd., (NASDAQ: LITM) d/b/a Snow Lake Lithium Ltd.

Snow Lake Lithium Announces Appointment of Chief Executive Officer

Highlights: First round of results from the recent winter drilling campaign at Grass River have now been received and interpreted. Best results include: 6.3M @ 1.97% Li20 from 31.7M including 1.49m @ 3.4% Li20 from 33.41M 6.6M @ 1.59% Li20 from 47.6M including 1.5M @ 2.08 Li20 from 50M 3.62M @ 2.36% Li20 from 62.27M 4.53M @ 1.81% Li20 from 176.97M including 1.5M @ 2.74 Li20 from 178.47M Further results from the balance of the drilling program are anticipated in the coming weeks.

Drilling Delivers High-Grade Results at Snow Lake's Grass River Project

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Lithium demand is improving, and prices are rebounding as a result. Accordingly, investors are perking up as various lithium stocks provide unique opportunities to capture explosive growth in this volatile sector.

News for Snow Lake Resources Ltd Stock (LITM)