Snow Lake acquires strategic stakes in multiple U.S. critical minerals projects (4.22)
- Uranium - Equity investment in GTi Energy, which has recently announced a positive scoping study and updated resource estimate on its Lo Herma uranium project, located immediately to the south of Snow Lake's Pine Ridge uranium project in the Powder River Basin in Wyoming.
- Antimony - A strategic investment in Resolution Minerals Ltd., which holds the Horse Heaven antimony/tungsten/gold project in Idaho, immediately adjacent to Perpetua Resources Corp's (PPTA) Stibnite Gold Project. The USD$2.2 billion Stibnite Project is the only domestic U.S. source of antimony that can meet U.S. defense needs for many small arms, munitions, and missile types, and which is anticipated to provide ~35% of the U.S.'s antimony requirements.
- Rare Earths - An equity position in Commerce Resources Corp., which holds 100% of the Ashram rare earth elements ("REE") project in Northern Quebec, which is a globally significant REE deposit and one of the largest monazite-mineralized carbonatite REE deposits in the world.