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Nasdaq breakout idea (LITM) is cooking early. Watching yet?

StockWireNews Up Approx. 15% Right Now - Nasdaq Breakout Idea (LITM) Needs Attention Quickly August 7th Greetings Readers, Nasdaq breakout idea (LITM) is cooking early. Watching yet? Up approx. 15% first thing, LITM has hit the ground running while pushing above 2 key technical chart lines. With LITM pushing through its 5-Day and 13-Day Exponential Moving Averages, support could start growing in a significant way. And if that happens, it'll be important to take note of LITM's low float. Coming in under 13Mn shares according to Yahoo Finance, volatility potential could be strong with this one! Drop what you're doing and get (Nasdaq: LITM) on your screen before it's too late! ----- Back on the low float hunt, I've uncovered a new Nasdaq profile worthy of your attention. Checking in with fewer than 13Mn shares according to Yahoo Finance, this new breakout idea's float size is on the lower end like some of my most recent alerts. Here's what you may have missed (low float profiles) over the past 30 days (approx. short term runs): August 1st - 41%! July 29th - 37%! July 25th - 205%! July 21st - 66%! July 11th - 66%! That's a combined 425% (approx.) in short term moves! Oh, and don't forget my Monday profile, which wasn't a low float, but still swung an incredible 30% intraday from its low to high while the markets were getting crushed! Now, back to the main event. A low float is good for volatility potential, but this profile has much more going for it. Let me share... The U.S. has passed important legislation to enhance energy security, revitalize its nuclear energy industry, and support cutting-edge technologies, presenting a timely opp. for companies involved in clean energy solutions. With geopolitical events impacting global metal markets, U.S. laws banning Russian imports are reshaping the energy landscape, highlighting the need for innovative solutions. One such North American exploration company is spearheading the search for these critical clean energy-related metals at this very moment. And before Wall Street catches on to what they're up to, you should put this Nasdaq exploration profile at the top of your watch-list: *Snow Lake Resources Ltd. (Nasdaq: LITM)* Snow Lake Resources Ltd., d/b/a Snow Lake Energy, is a Canadian clean energy exploration company with a global portfolio of clean energy mineral projects comprising two uranium projects and two hard rock lithium projects. And based on several potential catalysts, LITM needs immediate attention. Take a look: No. 1 - Could A Low Float Provide An Environment For Explosive Volatility? No. 2 - Initial Phase Of Drilling Nears At Engo Valley (Namibian Uranium Project) No. 3 - Acquisition Completed: LITM Acquires 100% In Key Uranium Project. No. 4 - Exploration Team Hits The Ground Running With "High Hopes" At Important Lithium Project. But more on those in a second... Global Drivers - Snow Lake Energy's Main Focuses Global Thematics The demand drivers for critical minerals encompass achieving net zero emissions, ensuring energy security, securing the supply chain, facilitating the clean energy transition, and supporting the electric vehicle (EV) transition. Critical Minerals Critical minerals play a pivotal role in each Global Thematic, with uranium essential for the clean energy transition and achieving net zero, and lithium crucial for the electric vehicle transition. Supply / Demand Fundamentals Demand is forecast to outstrip supply for both lithium and uranium over the next decade. Snow Lake Energy - Complete Company Breakdown Portfolio Of Critical Mineral Projects Two lithium projects in Canada. Two uranium projects, one in Canada and one in Namibia. Premier Mining Jurisdictions Saskatchewan and Manitoba are a Tier 1 mining jurisdictions. Namibia is a stable mining country & the 3rd largest global uranium producer. Mineral Resources SK-1300 Measured & Indicated lithium mineral resources at Snow Lake. Historical uranium resources at both Black Lake and Engo Valley. Exploration Potential Lithium exploration potential at Snow Lake and at Shatford Lake. Uranium exploration potential at Black Lake & Engo Valley. ----- Uranium Critical Role in the Energy Transition There is no path to net zero carbon without nuclear. Geopolitical Risks Increase Supply Uncertainty Geopolitical risks in key supplier markets, Russia & Niger, impact supply chain. Lack of in-vest-ment in new supply in the last decade. Prices rising sharply. Global Commitments to Nuclear COP 28 – 22 countries aim to triple nuclear capacity by 2050. Increasing alignment of nuclear power with energy security and affordability. Energy Policy Shifting in Favour of Nuclear Energy Key nations advancing nuclear power programs. A total of 61 reactors under construction in 18 countries. Commercial small modular reactors under construction. Decades of underin-vest-ment during prolonged downturn. Demand driven by uncovered uranium requirements. Supply response is not forecast to keep up with demand. Lithium Critical Role in the EV Transition There is no EV transition without lithium. Markets for Lithium Glass and grease, for their thermal resistance at extreme temperatures. Glass-ceramic stovetops, glass containers, specialty glass and fiberglass. Lubricating greases for cars and heavy machinery. Batteries for electronics, electric vehicles and grid storage. Batteries accounted for 80% of total lithium demand in 2022. Snow Lake Energy Projects Engo Valley Uranium Project The Engo Valley Uranium Project is an exploration stage uranium project in Namibia, that has not had any exploration since the 1970's, when Gencor identified a number of uranium targets, completed diamond drilling and calculated a non-JORC compliant mineral resource. Black Lake Uranium Project The Black Lake Uranium Project is an exploration stage uranium project in the Athabasca Basin, that had previous exploration in the 1950's and 1970's, and which hosts known uranium mineralization. Snow Lake Lithium Project The nearly 60,000 acre Snow Lake Lithium Project is centrally located in the highly prospective lithium district region of North Central Manitoba. The Project is on the tip of the NAFTA "superhighway" with easy access to North American battery and electric vehicle manufacturing sites. Currently the Project has an S-K 1300 compliant mineral resource estimate and a positive preliminary economic assessment. Shatford Lake Lithium Project The Shatford Lake Lithium Project is located on the boundary of the Tanco lithium mine in Southern Manitoba, and is an exploration stage project with an excellent geological address. The Shatford Lake Lithium Project straddles a 15 kilometers long structural trend of the Greer-Shatford Shear Zone with numerous pegmatite dykes and favorable host rocks. It is situated in the southern limb of the Bird River greenstone belt in southeastern Manitoba.

Find More Details Here: Company Website. Company Presentation. ----- As mentioned above, LITM has several potential catalysts to take in this minute. Check them out: No. 1 LITM Potential Catalyst - Could A Low Float Provide An Environment For Explosive Volatility? According to info pulled from Yahoo Finance's website, LITM has a low float. The website reports this profile to have roughly 12.86Mn shares in its float. Why is that figure important? It's important on one crucial level. Volatility. Could more positive company news in mid-2024 provide a near term spark? ----- No. 2 LITM Potential Catalyst - Initial Phase Of Drilling Nears At Engo Valley (Namibian Uranium Project) Snow Lake Provides an Exploration Update on the Engo Valley Uranium Project Winnipeg, Manitoba--(Newsfile Corp. - July 25, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide an exploration update on its Engo Valley Uranium Project, located in Namibia. CEO Remarks "We are very pleased with the progress our field exploration crews have made to date on our Engo Valley Uranium Project," commented Frank Wheatley, CEO of Snow Lake. He continued: "With the radon cup survey now complete, and our drillers in the process of mobilizing to site, we are looking forward to starting our initial phase of drilling at this highly prospective uranium project." ... 2024 Exploration Program Snow Lake has designed a multi-phase exploration program for 2024 for the Project, which includes: 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 (now complete); topographical survey of the project site (now complete); locating all historic drill collars from Gencor's 1970 drilling campaign (now complete); radon cup survey of all historical targets, as well as a number of new targets, in order to verify the historical airborne survey data and to confirm both historic and new drill targets (now complete); an initial 1,000 - meter reverse circulation drill program to twin the historical drill holes, and to begin an in-fill grid pattern between the historical drill holes (mobilization); and downhole radiometrics on each of the new drill holes (pending). Exploration field crews initially mobilized to site in May 2024 in order to undertake the topographical and radon cup surveys. After the initial phase of the radon cup survey, a second in-fill radon cup survey was deployed focusing on identified uranium anomalies. With results from both phases of the radon cup survey in hand, drill targets are currently being finalized. The two phases of drilling are designed to both test the validity of the various exploration targets and to produce an initial SK-1300 compliant mineral resource estimate. ... Read the full article here. ----- No. 3 LITM Potential Catalyst - Acquisition Completed: LITM Acquires 100% In Key Uranium Project. Snow Lake Provides an Update on the Black Lake Uranium Project Winnipeg, Manitoba--(Newsfile Corp. - July 24, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to provide an update on its Black Lake Uranium Project, located in the Athabasca Basin, Saskatchewan, Canada. CEO Remarks "We are pleased to have completed our acquisition of the option to acquire a 100% interest in the Black Lake Uranium Project," commented Frank Wheatley, CEO of Snow Lake. He continued: "With permits expected shortly, we can now begin to schedule in earnest our exploration program, and expect to initiate the program with an airborne survey of the entire project area. In addition, we can now give the green light to our exploration crews to begin preparation to mobilize to the field for initial prospecting and ground geophysics, focusing on areas of known uranium mineralization." ... 2024 Exploration Program Snow Lake has designed a multi-phase exploration program for 2024 for the Project. Phase 1 of the program consists of obtaining, compiling, digitizing and reviewing all historical exploration data on the Project, which includes: all historical exploration data, plans, maps, geological reports, survey reports and assessment reports from prior companies' exploration programs in the 1950's and 1970's; all previous geologic, radiometric, and scintillometer surveys; assay results from prior diamond drilling programs on the Higginson Lake, Charlebois Lake and Spreckly Lake project areas. Obtaining and compiling all historical data has greatly facilitated designing a detailed exploration program using the latest geophysical technology to both verify known uranium mineralization on the Project, as well as to identify new targets for further exploration. Phase 1 is now complete and Phase 2, consisting of an airborne survey over the entire Project area, is currently being scheduled. Survey results will assist in identifying targets for field work in Phase 3. Phase 3 will consist of initial prospecting and mapping, and a suite of ground geophysics, to refine the results of the airborne survey and assist in locating high-value drill targets. This phase of the program will focus on areas of known mineralization on the Project. Phase 4 will consist of a program of diamond drilling, which is intended to be a program of up to 2,000 meters of diamond drilling, spread over approximately 10 holes of approximately 200 meters each, dependent upon appropriate drill target identification from Phase 3 of the program. Based upon successful drilling, the objective of the 2024 work program would be to produce an initial SK-1300 compliant mineral resource estimate. ... Read the full article here. ----- No. 4 LITM Potential Catalyst - Exploration Team Hits The Ground Running With "High Hopes" At Important Lithium Project. Snow Lake Initiates Exploration Program at Shatford Lake Lithium Project Winnipeg, Manitoba--(Newsfile Corp. - May 23, 2024) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) ("Snow Lake" or the "Company") is pleased to announce that field crews have initiated the 2024 exploration program on the Shatford Lake Lithium Project. CEO Remarks "After completing all planning and logistics for the 2024 field season, we are delighted that the exploration team is in the field and have begun their work," commented Frank Wheatley, CEO of Snow Lake. He continued: "We have high hopes for this exploration season as they explore the prospective Shatford Lake Lithium Project adjacent to the Tanco lithium mine." 2024 Exploration Program Snow Lake, together with Critical Discoveries, has designed a four-phase exploration program for 2024. Phase 1 consists of compiling and analyzing all past exploration data generated by ACME Lithium Inc., including all geophysical and geochemical data, as well as past drilling results, in order to identify targets for field work in Phase 2. Phase 1 is complete and Phase 2 has been initiated with the Critical Discoveries' field team of 4, consisting of 2 geologists and 2 field technicians. Initial prospecting and mapping will focus on the northwest corner of the Shatford Lake Lithium Project and will then expand to cover the balance of the project. Initial prospecting activities to date have included the discovery of two pegmatites under heavy overburden. See Figures 1 and 2 below. Samples have been taken and submitted to the assay lab for analysis. Phase 3 is intended to be a program of up to 2,000 meters of diamond drilling, spread over approximately 10 holes of approximately 200 meters each, dependent upon appropriate drill target identification from Phase 2 of the program. Phase 4 will be compilation and evaluation of all field data, assay results, and drill results from the 2024 exploration program. ... Read the full article here. ----- (Nasdaq: LITM) Recap - These Explosive Potential Catalysts Are Must-Know Material! No. 1 - Could A Low Float Provide An Environment For Explosive Volatility? No. 2 - Initial Phase Of Drilling Nears At Engo Valley (Namibian Uranium Project) No. 3 - Acquisition Completed: LITM Acquires 100% In Key Uranium Project. No. 4 - Exploration Team Hits The Ground Running With "High Hopes" At Important Lithium Project. ----- Coverage is officially initiated on (Nasdaq: LITM). Get this breakout idea on your radar this second and be on the lookout for updates as the week moves forward. Talk soon. Sincerely, Kai Parker StockWireNews (Always Remember The St-ock Prices Could Be Significantly Lower Now From The Dates I Provided.)

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