Newsfile Corp. released and announcement in Mid-September 2025 that Snow Lake Resources Ltd., d/b/a Snow Lake Energy ("Snow Lake"), a uranium exploration and development company, announces excellent initial drill results on its Pine Ridge Uranium Project ("Pine Ridge"), located in the prolific Powder River Basin in Wyoming, a 50/50 joint venture (the "Joint Venture") with Global Uranium and Enrichment Limited.
Drilling at the Pine Ridge Uranium Project in the Powder River Basin of Wyoming, USA.
(Enlarge Photo)
The Joint Venture has completed a total of 33 holes on Pine Ridge, for a total of 12,540m (41,140 ft) of drilling. The drilling has delivered encouraging intercepts including 1.1m at 780 ppm U3O8 within a broader interval of 3.5m at 540 ppm U3O8, and including 1.2m at 1,320 ppm U3O8 within a broader interval of 2.0m at 920 ppm U3O8.
Highlights
Drill results from the first 33 drill holes confirm the strong potential of Pine Ridge. Wide-spaced drilling focused on aggressively exploring near-surface roll front mineralisation, returned encouraging results, including:
2.0m at 0.092% (920 ppm) U3O8 from 314.8m in PR25-017, including:
1.2m at 0.132% (1,320 ppm) U3O8 from 315.0m
2.3m at 0.071% (710 ppm) U3O8 from 411.6m in PR25-008 including:
1.7m at 0.085% (850 ppm) U3O8 from 411.9m
1.4m at 0.035% (350 ppm) U3O8 from 237.3m in PR25-004
1.1m at 0.031% (310 ppm) U3O8 from 334.0m in PR25-005
2.1m at 0.034% (340 ppm) U3O8 from 348.1m in PR25-007
1.8m at 0.042% (420 ppm) U3O8 from 388.0m in PR25-009
3.5m at 0.054% (540 ppm) U3O8 from 321.3m in PR25-031, including:
1.1m at 0.078% (780 ppm) U3O8 from 321.4m
1.8m at 0.060% (600 ppm) U3O8 from 350.4m in PR25-023 including:
1.2m at 0.073% (730 ppm) U3O8 from 350.5m
4.0m at 0.035% (350 ppm) U3O8 from 315.3m in PR25-027
2.1m at 0.048% (480 ppm) U3O8 from 276.1m in PR25-033
1.4m at 0.046% (460 ppm) U3O8 from 378.6m in PR25-020
Drilling is ongoing and is expected to continue through to the end of November 2025
CEO Remarks
"We are very pleased and encouraged with the initial drill results from our Pine Ridge uranium project in the Powder River Basin, Wyoming. The wide spaced drilling, designed to target roll-front uranium deposits, has confirmed the presence of redox boundaries and uranium mineralization, and continues to demonstrate the strong development potential of Pine Ridge. Our drill program will continue through the second half of 2025 as we target a maiden mineral resource estimate by year end," said Frank Wheatley, CEO of Snow Lake.
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