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Snow Lake Resources ( (LITM) ) just unveiled an announcement.
On February 18, 2025, Snow Lake Resources Ltd. announced its intent to acquire a 100% interest in the Buffalo Uranium Project located in Wyoming, which is a leading uranium jurisdiction in the United States. This strategic acquisition aligns with the company’s growth strategy and the U.S. energy policy emphasizing the expansion of nuclear energy. The project, centered on the historic Little Man Uranium Mine, has significant potential to add value to Snow Lake’s portfolio and support U.S. domestic uranium supply, benefiting from possible government funding and aligning with national energy goals.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a uranium exploration and development company with a focus on expanding its portfolio within the United States. The company is primarily involved in uranium projects and aims to capitalize on the growing demand for nuclear energy.
YTD Price Performance: -35.36%
Average Trading Volume: 41,744,166
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $56.52M
For an in-depth examination of LITM stock, go to TipRanks’ Stock Analysis page.