Snow Lake Resources Ltd. (NASDAQ:LITM) has added significant acres to its exploration properties in Manitoba by staking additional claims contiguous with its current claim block that contains its lithium resource. The Herb Block consists of 22 claims or 7,875 Acres (3,187 ha) thereby increasing the total footprint to 21,703 Acres (8,783 hectares) (See Figure 1.0). Snow Lake currently had 13,828 acres (5,596 ha) prior to this expansion and the Herb Lake Blocks represents a 57% increase in exploration claims by acres.
There are several geological indications based on the Company's compiled data that shows potential to develop additional pegmatite dyke swarms within the newly acquired concession block.
Snow Lake VP of Resource Development Dale Schultz commented, "Our Snow Lake project has been historically known to contain lithium bearing pegmatites that were first documented in the 1930s and 1940s. Based on our compilation of historic data we know there exists other pegmatite cluster within the Herb Block that has not yet been evaluated for lithium. Our goal is to follow up on these clusters thereby developing future tonnes that will be added to our current resource base."
Snow Lake CEO Philip Gross commented "As we focus on our path to production with our current substantial resource, our concurrent objective is to continue explorations activities that will contribute significant additional resource tonnage and optimize our future operating costs accordingly. The Herb Block will hopefully be a major contributor to our resource and an important factor in achieving critical mass and cost reductions"
Figure 1.0 - Location Map of the Herb Claim Block
About Snow Lake Resources Ltd.
Snow Lake Lithium is committed to operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery market. We aspire to not only set the standard for responsible lithium battery manufacturing, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process. The wholly owned Thompson Brothers Lithium Project covers a 21,703-acre site that has only been 3% explored and contains an 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.