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Snow Lake Kickstarts Drilling at Historic Uranium Site
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Snow Lake Kickstarts Drilling at Historic Uranium Site

Snow Lake Resources (LITM) has released an update.

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Snow Lake Resources Ltd. has provided an update on its Engo Valley Uranium Project in Namibia, announcing the completion of preliminary surveys and the commencement of a 1,000-meter drilling program. The historical site, which was explored by Gencor in the 1970s, is now benefiting from modern exploration techniques that aim to confirm and expand upon past findings. This advancement comes amidst a backdrop of global energy security concerns and a push for clean energy, with the U.S. passing legislation to support domestic uranium production.

For further insights into LITM stock, check out TipRanks’ Stock Analysis page.

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