Snow Lake Resources Extends Option Agreement for Mound Lake Gallium Project Amid US National Security Concerns

Snow Lake Resources has extended its option agreement with Canadian Uranium Corp for the Mound Lake Gallium Project in Ontario, Canada. The project is highly prospective for lithium, cesium, and tantalum, as well as rare earths and gallium. Gallium is a critical mineral essential for military and defense applications, and the US imports 100% of its requirements. The extension coincides with the US Administration's efforts to ensure domestic mining and processing of critical minerals to reduce import reliance on foreign countries.