Snow Lake Resources Ltd., operating as Snow Lake Energy, has announced the initiation of a major exploration program at the Pine Ridge Uranium Project in Wyoming. In partnership with Global Uranium and Enrichment Limited, the company has engaged Single Water Services LLC to commence a significant drilling campaign, expected to start on July 21, 2025. The project aims to drill approximately 38,000 meters, focusing on high-priority targets to expedite the delineation of uranium resources amenable to In-Situ Recovery (ISR). Positioned in Wyoming's Powder River Basin, Pine Ridge is strategically located near major uranium projects and facilities, positioning it for rapid development. CEO Frank Wheatley highlighted the growing global demand for nuclear energy, driven by factors such as the AI arms race between the U.S. and China, and emphasized the project's potential as a leading uranium development initiative.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.