Snow Lake Resources will launch its Phase 2 drilling program at the Engo Valley Uranium project in Namibia in March 2025, involving 7,500 meters of drilling. This follows confirmed uranium mineralization from earlier exploration and will contribute to an upcoming mineral resource estimate. The African Mining Week Conference will also take place in October 2025, fostering discussions on mining opportunities in Africa.
Snow Lake Resources, a uranium exploration and development company, is set to commence its Phase 2 drilling program at the Engo Valley Uranium project in Namibia by mid-March 2025. This program will include 7,500 meters of both reverse circulation and diamond drilling focused on the Main Uranium Occurrence and D1 prospects. Preliminary findings from Phase 1 in 2024 confirmed uranium mineralization at these sites, which will contribute to establishing an initial mineral resource estimate expected to be released in the latter half of 2025.
Frank Wheatley, Chief Executive Officer of Snow Lake Resources, emphasized the firm’s objective of showcasing the potential of the Engo Valley project to meet the increasing global demand for uranium. This demand is largely driven by the heightened energy requirements resulting from advancements in data centers and artificial intelligence technologies.
In addition, the African Mining Week Conference & Exhibition is highlighted as a significant venue for discussing the myriad of mining opportunities present in Africa. This event coincides with the African Energy Week: Invest in African Energies 2025 conference, scheduled for October 1-3 in Cape Town. Interested sponsors, exhibitors, and delegates are encouraged to reach out via sales@energycapitalpower.com for further information.
In summary, Snow Lake Resources is prepared to initiate its Phase 2 drilling program at the Engo Valley project, with the aim of assessing uranium resource potential. The results from this program will help satisfy the growing demand for uranium linked to global energy requirements. Additionally, the African Mining Week Conference offers a crucial platform for discussing mining advancements in Africa.
Original Source: energycapitalpower.com