Winnipeg, Manitoba- October 12, 2023 – Snow Lake Resources Ltd., d/b/a Snow Lake Lithium™ (NASDAQ: LITM) (“Snow Lake” or the “Company“) is pleased to announce that Snow Lake and Critical Discoveries have entered into an agreement to work collaboratively on Snow Lake’s lithium growth strategy.
Lithium Growth Strategy
Snow Lake and Critical Discoveries will collaborate to both advance the exploration and development of the Snow Lake Lithium™ Project, as well as to expand Snow Lake’s portfolio of prospective lithium projects in Manitoba and the surrounding region.
“Our partnership with Critical Discoveries will support our long-term strategy to grow our lithium resource base both organically, and through targeted strategic acquisitions of prospective lithium projects in Manitoba,” commented Frank Wheatley, CEO of Snow Lake.
About Critical Discoveries
Critical Discoveries is an integrated team of geologists and drillers, focusing on exploration for critical minerals in Central Canada. Critical Discoveries provides a full suite of exploration and drilling services, will assist companies in the exploration of their projects, as well as being an active project generator of critical minerals projects in Central Canada.
About Snow Lake Resources Ltd.
Snow Lake is a Canadian lithium development company listed on Nasdaq (LTIM) with 2 hard rock lithium projects, the Thompson Brothers project and the Grass River project (together the “Snow Lake Lithium™ Project“), in the Snow Lake region of Northern Manitoba. Snow Lake is focused on advancing the Snow Lake Lithium™ Project through subsequent phases of development and into production in order to supply the North American electric vehicle and energy storage markets.
The wholly owned Snow Lake Lithium™ Project comprises a 59,587 acre land package that has only been 1% explored and contains an identified-to-date 8.2 million metric tonnes measured, indicated and inferred resource at between 0.99% and 1.13% Li2O.