Snow Lake Acquires Strategic Stakes in Multiple U.S. Critical Minerals Projects

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Overig advies 22/07/2025 16:11
Winnipeg, Manitoba–(Newsfile Corp. – July 22, 2025) – Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) (“Snow Lake“), a uranium exploration and development company, provides an update on its equity investment strategy regarding North American, and in particular U.S. based, critical minerals projects that hold the potential to be fast-tracked into production, and which will benefit from new U.S. Administration policies designed to accelerate domestic U.S. production of critical minerals.

Highlights

Uranium – Equity investment in GTi Energy Limited, which has recently announced a positive scoping study and updated resource estimate on its Lo Herma uranium project, located immediately to the south of Snow Lake’s Pine Ridge uranium project in the Powder River Basin in Wyoming

Antimony – A strategic investment in Resolution Minerals Ltd., which holds the Horse Heaven (“Horse Heaven Project“) antimony/tungsten/gold project in Idaho, immediately adjacent to Perpetua Resources Corp’s (“Perpetua“) Stibnite Gold Project (“Stibnite Project“). The USD$2.2 billion Stibnite Project is the only domestic U.S. source of antimony that can meet U.S. defense needs for many small arms, munitions, and missile types, and which is anticipated to provide ~35% of the U.S.’s antimony requirements

Rare Earths – An equity position in Commerce Resources Corp., which holds 100% of the Ashram rare earth elements (“REE”) project in Northern Quebec, which is a globally significant REE deposit and one of the largest monazite-mineralized carbonatite REE deposits in the world

Unprecedented U.S. Government, Industry & Public Support – U.S. Government, industry, and the public, have recently demonstrated their strong support for U.S. domestic critical mineral production through the following investments in MP Materials Corp:

USD$400 million investment by the U.S. Department of Defence
USD$500 million investment by Apple
USD$650 million public offering
all designed to accelerate U.S. rare earth magnet independence
see & read more on
https://snowlakeenergy.com/snow-lake-acquires-strategic-stakes-in-multiple-u-s-critical-minerals-projects/



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