Snow Lake Resources Ltd. announced that it, along with Global Uranium and Enrichment Limited (GUE), has successfully completed the joint acquisition of the Pine Ridge Uranium Project in Wyoming's Powder River Basin. This marks a significant milestone in Snow Lake's strategic pivot towards U.S.-centric uranium exploration.
The Pine Ridge Project is an advanced In-Situ Recovery (ISR) uranium project located in a premier U.S. uranium mining region. Preparations for a significant 2025 drill program at Pine Ridge are advancing quickly, with work expected to commence as soon as possible.
This acquisition strengthens Snow Lake's portfolio of uranium assets and aligns with the increasing demand for domestic uranium production in the United States. The company anticipates that the project will contribute to its growth and shareholder value.
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