Expansion Of Uranium Portfolio With Acquisition Of Buffalo Uranium Project

Expansion Of Uranium Portfolio With Acquisition Of Buffalo Uranium Project

WINNIPEG – Snow Lake Resources Ltd., d/b/a Snow Lake Energy has entered into a binding letter of intent to acquire a 100% interest in the Buffalo Uranium Project, an exploration stage uranium project located in Wyoming, currently the largest producer of uranium in the United States.

“The proposed acquisition of the Buffalo Uranium Project allows us to establish a uranium project portfolio in the United States, and in particular in Wyoming, currently the leading jurisdiction for uranium mining in the United States” said Frank Wheatley. “As global energy demand continues to grow, and with the new United States administration looking to launch the long-awaited American nuclear renaissance, we feel establishing a footprint in Wyoming presents a strong opportunity to create value for our shareholders. We believe developing a United States domestic uranium supply holds the potential to contribute to the United States’ plans to commercialize affordable and abundant nuclear energy.”