Snow Lake Resources Ltd. (NASDAQ:LITM) Stock Research Report

Stock Research Report

Sydney, April 26, 2022 AEST (ABN Newswire) – Snow Lake Resources Ltd. (NASDAQ:LITM). is an exploration-stage mining company engaged in lithium exploration in Manitoba, Canada. Its main focus is lithium exploration on the 100% owned Thompson Brothers Lithium (TBL) project.

The goal is to develop a world-class lithium mine in the jurisdiction-friendly Canadian province of Manitoba and become the first all-electric, fully renewable lithium hydroxide producer in North America. The TB project is strategically located to supply the US “Auto Alley” and the European battery market via the Hudson Bay Railway and the Port of Churchill.

The company expects to derive substantial revenue from the sale of lithium hydroxide to the electric vehicle and stationary storage markets globally. The company plans to become North America’s first supplier of exclusively mined lithium with the advantage of power produced from fully sustainable local sources. The company is located in the province of Manitoba, which derives 96% of its energy from hydroelectricity and 3% from wind power.

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About Snow Lake Resources Ltd

Snow Lake Resources Ltd LITM

Snow Lake Resources Ltd (NASDAQ:LITM) is committed to operating a fully renewable and sustainable lithium mine that can provide a fully traceable, carbon neutral and safe product for the electric vehicle and battery markets. We not only aspire to set the standard for responsible lithium battery mining, but we aim to be the first lithium producer in the world to achieve Certified Company B status in the process.

Our wholly-owned Thompson Brothers Lithium project covers a 21,703 acre site that is only 3% explored and contains indicated and inferred resources of 11.1 million metric tonnes at 1% Li2O.

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