NEWS
Snow Lake Provides an Update on the Black Lake Uranium Project
Snow Lake Resources (NASDAQ: LITM) has provided an update on its Black Lake Uranium Project in the Athabasca Basin, Saskatchewan. The company has completed the acquisition of an option to acquire a 100% interest in the project and is preparing to initiate its exploration program. The program will begin with an airborne survey of the entire project area, followed by initial prospecting and ground geophysics focusing on areas of known uranium mineralization.
The Black Lake Uranium Project consists of 20 mining claims covering 18,908 hectares and is divided into four project areas: Higginson Lake, Charlebois Lake, Fisher Hayes, and Spreckley Lake. The project has a history of exploration dating back to the 1950s, with 28 historic uranium showings confirmed.
Snow Lake has designed a multi-phase exploration program for 2024, including data compilation, airborne surveys, ground geophysics, and potentially up to 2,000 meters of diamond drilling. The company aims to produce an initial SK-1300 compliant mineral resource estimate based on successful drilling results.
Snow Lake Resources (NASDAQ: LITM) has provided an update on its Black Lake Uranium Project in the Athabasca Basin, Saskatchewan. The company has completed the acquisition of an option to acquire a 100% interest in the project and is preparing to initiate its exploration program. The program will begin with an airborne survey of the entire project area, followed by initial prospecting and ground geophysics focusing on areas of known uranium mineralization.
The Black Lake Uranium Project consists of 20 mining claims covering 18,908 hectares and is divided into four project areas: Higginson Lake, Charlebois Lake, Fisher Hayes, and Spreckley Lake. The project has a history of exploration dating back to the 1950s, with 28 historic uranium showings confirmed.
Snow Lake has designed a multi-phase exploration program for 2024, including data compilation, airborne surveys, ground geophysics, and potentially up to 2,000 meters of diamond drilling. The company aims to produce an initial SK-1300 compliant mineral resource estimate based on successful drilling results.
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