Snow Lake Energy provided an update on the exploration program currently underway on its Engo Valley Uranium Project in Namibia. Initial RadonX survey successfully identified potentially uraniferous areas,Anomalous zones correlate very well with historical targets identified by Gencor, Northern anomalous zones appear to extend beyond those identified by Gencor .An infill RadonX survey is currently underway to better identify drill targets, United States Senate passes the "ADVANCE Act", designed to reestablish the US as the global leader in nuclear energy. 2024 Exploration Program Underway The initial phase of Snow Lake's 2024 exploration program consisted of an analysis of all airborne survey data previously flown by the Namibian Government over the project area, together with all other historical exploration reports and data on the project area on file with the Namibian Ministry of Mines and Energy.

This was followed by exploration field crews mobilizing to site in May, where the two initial components of the 2024 field program: 1) a topographical survey of the project site; and 2) locating all historic drill collars from Gencor's 1970 drilling campaign, were completed. The initial phase of a RadonX cup survey, where a total of 1,752 radon cups were deployed at a line and cup spacing of 400 meters and 200 meters, respectively, over a survey area of approximately 139 square kilometers, was initiated in late May and completed in early June. The initial phase of this survey successfully identified potentially uraniferous areas indicated by anomalous, and highly anomalous, radon flux.

The anomalous zones within the northern portion of the survey area correlate well with historical targets identified by Gencor. The increased extent of these anomalies beyond those identified by Gencor, indicate the potential for extensions to the mineralization delineated by Gencor. The large anomalous area in the southern portion of the survey also correlates well with targets and mineralization identified by Gencor.

Based on these positive results, field crews are currently deploying an infill RadonX cup survey over these anomalous areas every 100 meters, along 200-meter spaced survey lines, in order to more accurately identify targets for drill testing. The Engo Valley Uranium Project is located in the Skeleton Coast, in the Opuwo District of the Kunene Region, along the coast of northwest Namibia, approximately 600 kilometers north of Swakopmund, Namibia. Uranium mineralization was discovered in 1973 and exploration was conducted intermittently by Gencor between 1974 and 1980.

The Engo Valley Uranium Project is considered to be a top tier exploration project with historical, non-modern mining code compliant uranium resources, that would benefit from modern exploration techniques and technology for uranium exploration.