6-K
Frontier Nuclear & Minerals Inc. (FNUC)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
WASHINGTON,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16 OF THE
SECURITIESEXCHANGE ACT OF 1934
For the month of, April 2022
Commission File Number 001-41085
SNOWLAKE RESOURCES LTD.
(Translation of registrant’s name into English)
242Hargrave Street, #1700
Winnipeg,Manitoba R3C 0V1 Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Item9.01. Financial Statements and Exhibits.
| (d) | Exhibits. |
|---|---|
| Exhibit No. | Description |
| --- | --- |
| 99.1 | Press Release dated March 11, 2022 |
| 99.2 | Press Release dated March 12, 2022 |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Date: April 12, 2022 | SNOW LAKE RESOURCES LTD. | |
|---|---|---|
| By: | /s/ Philip Gross | |
| Philip Gross | ||
| Chief Executive Officer<br> and Director |
2
Exhibit 99.1
MANITOBA CELEBRATES SNOW LAKE LITHIUM’SSTUDY TO ESTABLISH STRATEGICALLY CRUCIAL PLANT IN PROVINCE
| ● | Snow Lake Lithium has commissioned a scoping study to assess the proposed lithium hydroxide plant in South Manitoba |
|---|---|
| ● | Scoping study is the next significant step in Snow Lake Lithium’s ambitions to secure domestic lithium hydroxide supply to the<br>North American electric vehicle industry |
| --- | --- |
| ● | Located just 700km from Snow Lake Lithium’s mine, CentrePort Canada, the location of the proposed plant, is ideally located<br>with direct access to North American automotive manufacturers by air, rail and road |
| --- | --- |
| ● | Snow Lake Lithium is working in partnership with Manitoba Province, CentrePort and Primero to deliver the scoping study |
| --- | --- |
Media assets can be downloaded here: https://tinyurl.com/2zk2k32w
MANITOBA, CAN, April 11, 2022 — Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (Nasdaq: LITM) (“Snow Lake” or the “Company”), has commissioned a scoping study to assess the proposed creation of a Lithium Hydroxide Plant in South Manitoba. The study is a strategically important step towards creating North America’s first fully renewable and fully electric, integrated lithium processing operation which is crucial for the future of the electric vehicle industry.
Starting in April 2022, the scoping study will accelerate the company towards commercialized lithium production from both Snow Lake Lithium’s mine and the proposed lithium hydroxide plant in CentrePort Canada in Southern Manitoba. The study will identify the technologies, innovations, skills and potential partners required to deliver a world-class lithium hydroxide plant within the Manitoba province.
Welcoming the study, the Premier of Manitoba, the honorable Heather Stefanson, remarked, “Manitoba has the opportunity to be at the vanguard of the global initiative of achieving a carbon neutral economy. With our bountiful natural resources and clean energy, we are in the perfect position to leverage the province into a strategic role in the North American electrification supply chain. Snow Lake Lithium’s vision for developing a green ecosystem in our province will provide Manitoba with the platform for creating jobs and value with a focus on the future.”
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
With demand for electric vehicles growing rapidly, the global automotive and energy storage industries will be competing to access raw materials, especially lithium, that is a crucial component of batteries.
Just 700km from CentrePort Canada, Snow Lake Lithium is creating the world’s first all-electric, fully renewable lithium mine. The addition of a lithium hydroxide plant will enable the seamless integration of the domestic supply of this critical resource to the North America electric vehicle industry.
Philip Gross, CEO of Snow Lake Lithium, commented, “This is a critical opportunity for Manitoba to play a significant role in building out a full ecosystem to support the electrification of the North American automobile fleet. Now more than ever, we must commit ourselves to securing our domestic critical raw materials that will protect our jobs from geopolitical shocks and ensure the uninterrupted growth of our industries as we transition to a post carbon economy. Lithium hydroxide is the foundation of the EV battery technology and, as of today, North America has no production on which to rely for the substantial industry commitments to electrification. Snow Lake is committed to being a part of the solution while at the same time ensuring the highest standards of carbon neutral and fully renewable lithium.”
The plant’s proposed location is CentrePort Canada, North America’s largest trimodal inland port and Foreign Trade Zone. CentrePort Canada connects to major national and international trade gateways as well as being the only inland port in Canada with direct access to trimodal transportation – truck, rail and air cargo. This unique location means that Snow Lake Lithium is connected to all the major auto manufacturers across North America, reducing supply chain costs and emissions as well as delivering a secure and seamless lithium supply chain from rock to road. CentrePort Canada offers 20,000 acres of high-quality, affordable industrial land and benefits from its strategic geographic location in Winnipeg, Manitoba and the Rural Municipality of Rosser, within the capital region of Winnipeg.
“CentrePort Canada is well positioned to support Snow Lake’s ambition of creating a Manitoba-centric, electric vehicle supply chain,” said Diane Gray, President and CEO of CentrePort Canada Inc. “Leveraging CentrePort Canada’s centralized location, access to trimodal transportation, state-of-the-art infrastructure and green energy aligns with Snow Lake’s EV supply chain vision and will have a tremendous impact on job creation and economic growth in Manitoba.”
Snow Lake Lithium has contracted Primero to deliver the Scoping Study of the Lithium Hydroxide Plant in Southern Manitoba. Primero brings world-class, hands-on lithium experience through its vertically integrated project management across the global resources industry.
Primero’s General Manager Americas, Alexandre Roy, commented “The roll out of lithium conversion facilities in North America is the first step towards establishing a domestic supply chain capable of supporting the electrification process that is currently underway. We look forward to working with Snow Lake and the Government of Manitoba in designing and developing this exciting project.”
Snow Lake Lithium currently has an 11.1 million metric tonnes indicated and inferred resource at 1% Li2O with plans to expand the resource based on the current active drilling campaign as previously announced in the recent winter drilling program update (March 10, 2022 – Snow Lake Announces Significant Progress Update for Winter Drilling Campaign).
The scoping study will start in April 2022 and is expected to be completed by Spring 2023. In parallel with this, Snow Lake Lithium will will continue its engineering evaluation and drilling programme across its Thompson Brothers Lithium Project site, with the expectation that the mine will transition to commercial production in late 2024.
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
2
About Snow Lake Resources Ltd.
Snow Lake Lithium is committed to creating and operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery markets. We aspire to not only set the standard for responsible lithium mining, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process.
Our wholly owned Thompson Brothers Lithium Project covers a 55,318-acre site that has only been 1% explored and contains an identified-to-date 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the expected use of proceeds and expected closing. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to our public offering filed with the Securities and Exchange Commission and other filings and reports that we file with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.
Contact: [email protected]
www.SnowLakeLithium.com
twitter: @SnowLakeLithium
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
3
Exhibit 99.2
Snow Lake LithiumReceives $158,000 Grant from Manitoba Chamber of Commerce to
Support Continued Resource Expansion
MANITOBA, CAN, April 12, 2022 — Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (Nasdaq: LITM) (“Snow Lake” or the “Company”), is proud to announce the receipt of a grant from the Manitoba Mineral Development Fund for the amount of CAD $157,500 to help fund the ongoing winter drilling campaign.
The previous grant from the Manitoba Mineral Development Fund of $62,000 ( Snow Lake Lithium Ltd. Receives Government Grant for CAD $62,000 ) was utilized in the ongoing geophysics drone campaign ( Snow Lake Lithium’s First Results from Drone Mag Survey Identify Multiple Anomalies and Prospective Targets on Sherritt Gordon ) that is proving extremely beneficial in identifying additional pegmatites across the 86 square mile property. The current drilling campaign has included three drills operating 24/7 ( Snow Lake Announces Significant Progress Update for Winter Drilling Campaign ) across the original resource at Thompson Brothers as well as the outside targets at Grass Rivers, BYP and Sherritt Gordon. The strategy is to expand the existing resource while identifying additional resources that will serve as a starter pit for commercial mining.
The new grant will assist with costs relating to the next phase of the drilling campaign as we transition from ice roads to helicopter drilling over the spring and summer months. With the current resource standing at 11.1 million metric tonnes indicated and inferred resource at 1% Li2O and a ten-year mine life, the ambition is now to multiply the resource and extend the mine life by decades. Snow Lake has been assisted in these efforts by Quesnel Bros. Diamond Drilling Ltd. of Denare Beach, Saskatchewan; Forage BRL Drilling of Temagami, Ontario; and Heli Source Ltd. based in Snow Lake, Manitoba.
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
Image 1 – Heli Source Ltd. Helicopter
Concurrently, Snow Lake continues to progress the environmental, engineering and feasibility programs in order to achieve the necessary milestones for commercial production.
Chuck Davidson, President & CEO of the Manitoba Chamber of Commerce, and Chair of the Manitoba Mineral Development Fund commented “Snow Lake Lithium is reinvigorating and redefining the mining industry in Manitoba by facilitating the progression from traditional mining to a new era of environmentally conscious extraction that will help our industry grow into the next century in a sustainable fashion. Philip Gross and his team have demonstrated a strong commitment to ESG principals and to ensuring that Manitoba can play a critical role today in making for a better tomorrow. On behalf of Manitoba, we are proud to once again collaborate and help support Snow Lake achieve production.”
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
2
Philip Gross CEO of Snow Lake Lithium further commented “We are incredibly grateful to the Manitoba Mineral Development Fund Board of Directors for their further recognition and support of our project. We remain committed to Manitoba and its ideals of a green future and a sustainable economy. Manitoba is the perfect geographic location in North America to benefit from the electrification of the automobile fleet, with its abundance of natural resources, access to clean energy, state of the art logistics, infrastructure and a motivated populace. We look forward to an incredibly promising future in Manitoba and Canada as we continue this journey to a fully electric, fully renewable future.”
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
3
****
Image 2 – Snow Lake Team Holding Drill Core From Current Drilling
****
Map 1 – Map showing Location of BYP, SGPand GRP Pegmatites
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
4
****
About the Manitoba Mineral Development Fund (MMDF)
The Manitoba Mineral Development Fund (MMDF) is a $20M initiative of the Province of Manitoba administered by the Manitoba Chambers of Commerce. MMDF provides grants to support northern economic development and mining projects that create partnerships, increase local employment, and stimulate investment in Northern Manitoba. More information on MMDF can be found at: Home - MMDF.
About Snow Lake Resources Ltd.
Snow Lake Lithium is committed to creating and operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery markets. We aspire to not only set the standard for responsible lithium mining, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process.
Our wholly owned Thompson Brothers Lithium Project covers a 55,318-acre site that has only been 1% explored and contains an identified-to-date 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the expected use of proceeds and expected closing. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to our public offering filed with the Securities and Exchange Commission and other filings and reports that we file with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.
Contact: [email protected]
www.SnowLakeLithium.com
twitter: @SnowLakeLithium
www.SnowLakeLithium.com
| Legal Address<br><br> <br><br><br> <br>242 Hargrave St #1700, Winnipeg, MB R3C 0V1 Canada | Mailing Address<br><br> <br><br><br> <br>Snow Lake Resources ltd PO Box 126 Simcoe Ont N3Y<br> 4K8 |
|---|
5