Drill Rigs Set to Commence Major Exploration Program at Pine Ridge Uranium Project

Core Viewpoint - Snow Lake Resources Ltd. has initiated a major exploration program at the Pine Ridge Uranium Project in Wyoming, selecting Single Water Services LLC for the drilling operations, which is expected to enhance the project's development potential [2][4][5]. Company Overview - Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian mineral exploration company listed on NASDAQ under the ticker LITM, focusing on critical minerals and clean energy projects [16]. Project Details - The Pine Ridge Uranium Project is located in the Powder River Basin of Wyoming, recognized as the premier U.S. uranium basin, and is characterized as an advanced In-Situ Recovery (ISR) opportunity [6][9]. - The project has been significantly de-risked through historical drilling, with an ideal geological foundation for development into a production asset [6][12]. Exploration Program - The 2025 exploration program aims to complete approximately 38,000 meters (125,000 feet) of drilling, focusing on high-priority target areas to expedite the delineation of ISR-amenable uranium resources [7][14]. - The drilling is set to commence on July 21, 2025, with permits expected to be received shortly [8][7]. Operational Strategy - Single Drilling, selected for its extensive operational experience and familiarity with the Pine Ridge site, is expected to execute an efficient drilling program, with the potential addition of a second rig to accelerate progress [5][4]. - Hawkins CBM Logging, Inc. has been engaged as the geophysical contractor to provide specialized support for the drilling program [5]. Historical Context - Previous drilling campaigns at Pine Ridge included 765 holes drilled by Conoco and an additional 449 holes by prior owners, which have contributed to a comprehensive geological understanding of the project [15].