Snow Lake Resources to Initiate Phase 2 Drilling at Engo Valley Project in March 2025
Snow Lake Resources plans to commence its Phase 2 drilling program at the Engo Valley Uranium project in Namibia in March 2025. This initiative will include 7,500 meters of drilling to support a mineral resource estimate in late 2025. The company aims to showcase the project’s potential to meet surging global uranium demands, propelled by technological advancements and energy needs.
Snow Lake Resources, an emerging player in uranium exploration and development, will initiate its Phase 2 drilling program at the Engo Valley Uranium project in Namibia in mid-March 2025. This program will encompass 7,500 meters of both reverse circulation and diamond drilling, targeting the Main Uranium Occurrence as well as the D1 prospects. The results derived from this drilling will be integral to establishing a maiden mineral resource estimate, which is anticipated in the latter half of 2025. During Phase 1, conducted in 2024, the presence of uranium mineralization was confirmed at these two targeted prospects.
The objective articulated by Frank Wheatley, CEO of Snow Lake, is to substantiate the Engo Valley?s potential in addressing the escalating global demand for uranium. This surge in demand is significantly influenced by the increasing energy requirements stemming from the proliferation of data centers and advanced artificial intelligence technologies.
Furthermore, African Mining Week, a prominent event scheduled to take place in Cape Town from October 1-3, 2025, alongside the African Energy Week: Invest in African Energies conference, will provide an avenue for industry stakeholders to delve into diverse mining opportunities across the continent. Interested sponsors, exhibitors, and delegates are encouraged to reach out through [email protected] to gather more information about this insightful event.
In conclusion, Snow Lake Resources is poised to enhance its exploration efforts at the Engo Valley Uranium project, leveraging the upcoming Phase 2 drill program to better understand the uranium deposits in the area. The insights gathered from this initiative are expected to play a pivotal role in meeting the growing global demand for uranium. The concurrent African Mining Week event further emphasizes the potential for mining opportunities across Africa, providing a significant platform for industry engagement.
Original Source: energycapitalpower.com
