温尼伯，曼尼托巴省 --（Newsfile Corp. -2026 年 1 月 15 日）- Snow Lake Resources Ltd.，以 Snow Lake Energy（纳斯达克：LITM）为名（&#34; Snow Lake&#34;），一家核燃料循环公司，宣布已与 Canadian Uranium Corp.（&#34; Canadian Uranium&#34;）达成协议，延长关于 Mound Lake Gallium Project（&#34; Mound Lake&#34;）的现有选项协议（&#34; 协议&#34;），该项目位于加拿大安大略省雷湾以北。
该协议时机恰当，恰逢美国政府于 2026 年 1 月 14 日星期三发布的公告&#34; 调整进口加工关键矿物及其衍生产品进入美国&#34;（&#34; 公告&#34;），其重点是确保美国拥有足够的国内关键矿物的开采和加工，以减少对外国的进口依赖。
亮点
<ul>
<li>该协议提供了对基础选项协议的一年延期</li>
<li>Mound Lake 地区在锂、铯和钽（LCT）矿床方面具有很高的前景，包括多种稀土和镓</li>
<li>对 Mound Lake 的历史工作确认了在 2023 年 Canadian Uranium 的现场项目中获得的一系列抓取样本中，镓的含量范围为 50 至 110 ppm</li>
<li>美国 100% 依赖进口其镓需求，因为镓是许多军事和国防应用的重要组成部分。</li>
</ul>
Snow Lake 首席执行官发言
&#34;由于我们的主要关注点仍然是核燃料循环业务的发展，我们继续追求在北美基于关键矿物项目中机会性地获取权益的持续战略，这些项目有潜力帮助建立北美国内关键矿物供应链，&#34;Snow Lake 首席执行官 Frank Wheatley 表示。&#34;Mound Lake 非常符合这一战略，成本适中，因为对 Mound Lake 的历史工作已经证明了镓的潜力，以及多种其他稀土元素和 LCT 矿床。
&#34;随着美国政府继续推进其政策，以确保足够的国内关键矿物的开采和加工，以确保美国国家安全，包括镓，我们认为 Mound Lake 的潜力值得探索，作为满足美国需求的可能解决方案，&#34;Wheatley 先生继续说道。
镓作为关键矿物
镓被美国、加拿大、澳大利亚和欧盟列为关键矿物，因为中国控制着全球镓供应的约 98%。美国 100% 依赖进口其镓需求。镓通常作为铝和锌等其他关键矿物冶炼的副产品生产，其重要性在于其在半导体、集成电路、高性能雷达、智能手机、电动车、笔记本电脑以及多种军事应用中的使用。
美国政府公告
美国政府于 2025 年 1 月 14 日发布了该公告，以回应对加工关键矿物进口对美国国家安全影响的第 232 条调查。调查的结论是，进口加工关键矿物确实对美国国家安全构成风险，该公告旨在概述美国政府将采取的应对这些风险的步骤。
公告特别提到镓对支撑美国军事和国防机构的卫星系统至关重要。减少这些风险的步骤包括就关键矿物的进口、价格底线和其他适当的贸易限制措施进行谈判。
Mound Lake 镓项目
Mound Lake 是一个早期阶段的勘探项目，由 243 个单一单元的无专利矿权组成，覆盖超过 4800 公顷，位于安大略省雷湾矿区。对 Mound Lake 北部的历史勘探工作，靠近 Mound Lake Pluton 与变质沉积岩的接触，已证明镓含量持续较高，同时其他关键金属的含量也较高，包括铍、锂和铷。
在 2023 年 Canadian Uranium 的现场项目中收集的 12 个基岩抓取样本中，镓的含量超过 50 ppm，最高结果为 110.5 ppm。相比之下，肥沃花岗岩和伟晶岩中的镓含量通常峰值约为 90 ppm，而地壳中的平均镓含量约为 19 ppm。来自 Mound Lake 的抓取样本中超过 70% 的镓含量高于平均地壳值。
未来的勘探将优先考虑 Mound Lake 的北部地区，可能包括进一步的详细分析和制图，以识别后续调查和可能钻探的潜在目标。
Mound Lake 扩展协议
该协议将基础选项协议的条款和条件延长一年。此扩展为 Snow Lake 提供了灵活性，以便在 Snow Lake 的 2026 年勘探和开发项目中规划对 Mound Lake 的额外勘探工作，涉及其在北美的关键矿物项目组合。基础选项协议规定，Snow Lake 可以通过在两年内进行勘探支出和现金支付的组合，获得 Mound Lake 的最高 80% 权益。
关于 Snow Lake Resources Ltd.
Snow Lake Resources Ltd. 是一家加拿大核燃料循环和关键矿产公司，上市于 (NASDAQ: LITM)，拥有一系列以美国为重点的铀项目，并参与下一代铀浓缩和小型模块化反应堆。Pine Ridge 铀项目是位于美国怀俄明州的勘探阶段项目，而 Engo Valley 铀项目则位于纳米比亚的骷髅海岸。Snow Lake 还持有一系列位于加拿大的其他勘探阶段关键矿产项目，以及对多家拥有北美关键矿产资产的上市公司的投资。了解更多信息，请访问 www.snowlakeenergy.com。
前瞻性声明： 本新闻稿包含根据 1933 年证券法第 27A 条、1934 年证券交易法第 21E 条以及 1995 年私人证券诉讼改革法案下的 “安全港” 条款的定义的 “前瞻性声明”，这些声明面临重大风险和不确定性。除历史事实声明外，本新闻稿中包含的所有声明均为前瞻性声明，包括但不限于关于 Snow Lake Resources Ltd. 的声明。我们基于对未来事件的期望和预测来制定这些前瞻性声明，这些期望和预测源于我们当前可获得的信息。新闻稿中的前瞻性声明可能通过使用诸如 “预期”、“相信”、“考虑”、“可能”、“估计”、“期望”、“打算”、“寻求”、“可能”、“计划”、“潜在”、“预测”、“项目”、“目标”、“旨在”、“应该”、“将”、“会” 或这些词的否定形式或其他类似表达来识别，尽管并非所有前瞻性声明都包含这些词。前瞻性声明基于 Snow Lake Resources Ltd. 当前的期望，并且面临固有的不确定性、风险和假设，这些因素难以预测。此外，某些前瞻性声明基于对未来事件的假设，这些假设可能并不准确。这些风险和不确定性在我们向证券交易委员会提交的注册声明和年度报告中的 “风险因素” 部分有更详细的描述。本公告中的前瞻性声明是在此日期作出的，Snow Lake Resources Ltd. 不承担更新该信息的义务，除非适用法律要求。
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LITM

Snow Lake Resources Ltd. 已与 Canadian Uranium Corp. 延长了 Mound Lake 镓项目的选项协议。此次为期一年的延长与美国加强国内关键矿产供应链的努力相一致，特别是对于军事应用至关重要的镓。Mound Lake 的历史数据表明镓的价值显著，未来将进行进一步勘探。该协议允许 Snow Lake 通过勘探和现金支付在两年内获得该项目高达 80% 的权益

Winnipeg, Manitoba--(Newsfile Corp. - January 15, 2026) - Snow Lake Resources Ltd., d/b/a Snow Lake Energy (NASDAQ: LITM) (&#34; Snow Lake&#34;), a nuclear fuel cycle company, announces that it has reached an agreement with Canadian Uranium Corp. (&#34; Canadian Uranium&#34;) to extend the existing option agreement (the &#34; Agreement&#34;) with respect to the Mound Lake Gallium Project (&#34; Mound Lake&#34;), situated north of Thunder Bay, Ontario, Canada.
<div class="lb-trans">温尼伯，曼尼托巴省 --（Newsfile Corp. -2026 年 1 月 15 日）- Snow Lake Resources Ltd.，以 Snow Lake Energy（纳斯达克：LITM）为名（&#34; Snow Lake&#34;），一家核燃料循环公司，宣布已与 Canadian Uranium Corp.（&#34; Canadian Uranium&#34;）达成协议，延长关于 Mound Lake Gallium Project（&#34; Mound Lake&#34;）的现有选项协议（&#34; 协议&#34;），该项目位于加拿大安大略省雷湾以北。
</div>This Agreement is timely and coincides with the U.S. Administration's Proclamation &#34; Adjusting Imports of Processed Critical Minerals and Their Derivative Products into the United States&#34; (the &#34; Proclamation&#34;) issued on Wednesday, January 14, 2026, with its focus on ensuring that the U.S. has sufficient domestic mining and processing of critical minerals to reduce import reliance on foreign countries.
<div class="lb-trans">该协议时机恰当，恰逢美国政府于 2026 年 1 月 14 日星期三发布的公告&#34; 调整进口加工关键矿物及其衍生产品进入美国&#34;（&#34; 公告&#34;），其重点是确保美国拥有足够的国内关键矿物的开采和加工，以减少对外国的进口依赖。
</div>Highlights
<div class="lb-trans">亮点
</div><ul>
<li>The Agreement provides a one-year extension of the underlying option agreement</li>
<li>The Mound Lake area is highly prospective for lithium, cesium and tantalum (LCT) deposits, including a variety of rare earths and gallium</li>
<li>Historical work on Mound Lake has confirmed gallium values ranging from 50 to 110 ppm in a series of grab samples obtained during Canadian Uranium's field program in 2023</li>
<li>The U.S. imports 100% of its gallium requirements, as gallium is an essential component of many military and defense applications.</li>
</ul>
<div class="lb-trans"><ul>
<li>该协议提供了对基础选项协议的一年延期</li>
<li>Mound Lake 地区在锂、铯和钽（LCT）矿床方面具有很高的前景，包括多种稀土和镓</li>
<li>对 Mound Lake 的历史工作确认了在 2023 年 Canadian Uranium 的现场项目中获得的一系列抓取样本中，镓的含量范围为 50 至 110 ppm</li>
<li>美国 100% 依赖进口其镓需求，因为镓是许多军事和国防应用的重要组成部分。</li>
</ul>
</div>Snow Lake CEO Remarks
<div class="lb-trans">Snow Lake 首席执行官发言
</div>&#34;As our primary focus remains the development of our nuclear fuel cycle business, we continue to pursue our ongoing strategy of opportunistically acquiring interests in North American based critical minerals projects that hold the potential to assist in building domestic North American critical minerals supply chains,&#34; said Frank Wheatley, CEO of Snow Lake. &#34;Mound Lake fits nicely into that strategy, at modest cost, as historical work on Mound Lake has demonstrated the potential for gallium, as well as a variety of other rare earth elements and LCT deposits.
<div class="lb-trans">&#34;由于我们的主要关注点仍然是核燃料循环业务的发展，我们继续追求在北美基于关键矿物项目中机会性地获取权益的持续战略，这些项目有潜力帮助建立北美国内关键矿物供应链，&#34;Snow Lake 首席执行官 Frank Wheatley 表示。&#34;Mound Lake 非常符合这一战略，成本适中，因为对 Mound Lake 的历史工作已经证明了镓的潜力，以及多种其他稀土元素和 LCT 矿床。
</div>As the U.S. Administration continues to advance it policies to ensure sufficient domestic mining and processing of critical minerals to ensure U.S. national security, including gallium, we feel the potential of Mound Lake is worth exploring as a possible solution to U.S. requirements,&#34; Mr. Wheatley continued.
<div class="lb-trans">&#34;随着美国政府继续推进其政策，以确保足够的国内关键矿物的开采和加工，以确保美国国家安全，包括镓，我们认为 Mound Lake 的潜力值得探索，作为满足美国需求的可能解决方案，&#34;Wheatley 先生继续说道。
</div>Gallium as a Critical Mineral
<div class="lb-trans">镓作为关键矿物
</div>Gallium is classified as a critical mineral by the U.S., Canada, Australia and the European Union, considering China controls approximately 98% of global gallium supply.1 The U.S. imports 100% of its gallium requirements. Gallium is typically produced as a by-product from smelting other critical minerals, such as aluminum and zinc, and its importance is due to its use in semiconductors, integrated circuits, high-performance radar, smartphones, electric vehicles, laptops, together with a variety of military applications.
<div class="lb-trans">镓被美国、加拿大、澳大利亚和欧盟列为关键矿物，因为中国控制着全球镓供应的约 98%。美国 100% 依赖进口其镓需求。镓通常作为铝和锌等其他关键矿物冶炼的副产品生产，其重要性在于其在半导体、集成电路、高性能雷达、智能手机、电动车、笔记本电脑以及多种军事应用中的使用。
</div>U.S. Administration Proclamation
<div class="lb-trans">美国政府公告
</div>The U.S. Administration issued the Proclamation on January 14, 2025 in response to the Section 232 investigation into the effect of imports of processed critical minerals on U.S. national security. The conclusion of the investigation was that imports of processed critical minerals did pose a U.S. national security risk and the Proclamation is intended to outline steps the U.S. Government will take to address those risks.
<div class="lb-trans">美国政府于 2025 年 1 月 14 日发布了该公告，以回应对加工关键矿物进口对美国国家安全影响的第 232 条调查。调查的结论是，进口加工关键矿物确实对美国国家安全构成风险，该公告旨在概述美国政府将采取的应对这些风险的步骤。
</div>The Proclamation specifically mentions gallium as critical to satellite systems that underpin the U.S. military and defense apparatus. Steps to reduce these risks include negotiating agreements with respect to imports of critical minerals, price floors and other trade-restricting measures as appropriate.
<div class="lb-trans">公告特别提到镓对支撑美国军事和国防机构的卫星系统至关重要。减少这些风险的步骤包括就关键矿物的进口、价格底线和其他适当的贸易限制措施进行谈判。
</div>Mound Lake Gallium Project
<div class="lb-trans">Mound Lake 镓项目
</div>Mound Lake is an early-stage exploration project consisting of 243 single-cell unpatented mineral claims covering over 4,800 hectares in the Thunder Bay mining district of Ontario. Historic exploration work on the northern part of Mound Lake, near the contact between the Mound Lake Pluton and metasedimentary country rocks, has demonstrated consistent, elevated gallium values, together with elevated levels of other critical metals, including beryllium, lithium, and rubidium.
<div class="lb-trans">Mound Lake 是一个早期阶段的勘探项目，由 243 个单一单元的无专利矿权组成，覆盖超过 4800 公顷，位于安大略省雷湾矿区。对 Mound Lake 北部的历史勘探工作，靠近 Mound Lake Pluton 与变质沉积岩的接触，已证明镓含量持续较高，同时其他关键金属的含量也较高，包括铍、锂和铷。
</div>A total of 12 bedrock grab-samples collected during Canadian Uranium's 2023 field program returned gallium values exceeding 50 ppm, with the highest result measuring 110.5 ppm. By way of comparison, gallium values in fertile granites and pegmatites typically peak at ~90 ppm, while average gallium values in the earth's crust are ~19 ppm. Over 70% of the grab samples from Mound Lake returned gallium values above average crustal values.
<div class="lb-trans">在 2023 年 Canadian Uranium 的现场项目中收集的 12 个基岩抓取样本中，镓的含量超过 50 ppm，最高结果为 110.5 ppm。相比之下，肥沃花岗岩和伟晶岩中的镓含量通常峰值约为 90 ppm，而地壳中的平均镓含量约为 19 ppm。来自 Mound Lake 的抓取样本中超过 70% 的镓含量高于平均地壳值。
</div>Further exploration will be prioritized in the northern regions of Mound Lake, which may include further detailed analysis and mapping to identify potential targets for follow-up investigation and possible drilling.
<div class="lb-trans">未来的勘探将优先考虑 Mound Lake 的北部地区，可能包括进一步的详细分析和制图，以识别后续调查和可能钻探的潜在目标。
</div>Mound Lake Extension Agreement
<div class="lb-trans">Mound Lake 扩展协议
</div>The Agreement extends the terms and conditions of the underlying option agreement for an additional year. This extension provides Snow Lake with the flexibility to plan additional exploration work on Mound Lake as part of Snow Lake's 2026 exploration and development programs on its portfolio of critical minerals projects in North America. The underlying option agreement provides that Snow Lake can earn up to an 80% interest in Mound Lake through a combination of exploration expenditures and cash payments over a period of two years.
<div class="lb-trans">该协议将基础选项协议的条款和条件延长一年。此扩展为 Snow Lake 提供了灵活性，以便在 Snow Lake 的 2026 年勘探和开发项目中规划对 Mound Lake 的额外勘探工作，涉及其在北美的关键矿物项目组合。基础选项协议规定，Snow Lake 可以通过在两年内进行勘探支出和现金支付的组合，获得 Mound Lake 的最高 80% 权益。
</div>About Snow Lake Resources Ltd.
<div class="lb-trans">关于 Snow Lake Resources Ltd.
</div>Snow Lake Resources Ltd. is a Canadian nuclear fuel cycle and critical minerals company listed on (NASDAQ: LITM), with a portfolio of U.S. focused uranium projects, together with interests in next-generation uranium enrichment and small modular reactors. The Pine Ridge uranium project is an exploration stage project located in Wyoming, United States and the Engo Valley uranium project is an exploration stage project located on the Skeleton Coast of Namibia. Snow Lake also holds a portfolio of additional exploration stage critical minerals projects located in Canada, as well as investments in a number of public companies with critical minerals assets in North America. Learn more at www.snowlakeenergy.com.
<div class="lb-trans">Snow Lake Resources Ltd. 是一家加拿大核燃料循环和关键矿产公司，上市于 (NASDAQ: LITM)，拥有一系列以美国为重点的铀项目，并参与下一代铀浓缩和小型模块化反应堆。Pine Ridge 铀项目是位于美国怀俄明州的勘探阶段项目，而 Engo Valley 铀项目则位于纳米比亚的骷髅海岸。Snow Lake 还持有一系列位于加拿大的其他勘探阶段关键矿产项目，以及对多家拥有北美关键矿产资产的上市公司的投资。了解更多信息，请访问 www.snowlakeenergy.com。
</div>Forward-Looking Statements: This press release contains &#34;forward-looking statements&#34; within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934 and the &#34;safe harbor&#34; provisions under the Private Securities Litigation Reform Act of 1995 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, including without limitation statements with regard to Snow Lake Resources Ltd. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Forward-looking statements contained in this press release may be identified by the use of words such as &#34;anticipate,&#34; &#34;believe,&#34; &#34;contemplate,&#34; &#34;could,&#34; &#34;estimate,&#34; &#34;expect,&#34; &#34;intend,&#34; &#34;seek,&#34; &#34;may,&#34; &#34;might,&#34; &#34;plan,&#34; &#34;potential,&#34; &#34;predict,&#34; &#34;project,&#34; &#34;target,&#34; &#34;aim,&#34; &#34;should,&#34; &#34;will,&#34; &#34;would,&#34; 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. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Some of these risks and uncertainties are described more fully in the section titled &#34;Risk Factors&#34; in our registration statements and annual reports filed 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.
<div class="lb-trans">前瞻性声明： 本新闻稿包含根据 1933 年证券法第 27A 条、1934 年证券交易法第 21E 条以及 1995 年私人证券诉讼改革法案下的 “安全港” 条款的定义的 “前瞻性声明”，这些声明面临重大风险和不确定性。除历史事实声明外，本新闻稿中包含的所有声明均为前瞻性声明，包括但不限于关于 Snow Lake Resources Ltd. 的声明。我们基于对未来事件的期望和预测来制定这些前瞻性声明，这些期望和预测源于我们当前可获得的信息。新闻稿中的前瞻性声明可能通过使用诸如 “预期”、“相信”、“考虑”、“可能”、“估计”、“期望”、“打算”、“寻求”、“可能”、“计划”、“潜在”、“预测”、“项目”、“目标”、“旨在”、“应该”、“将”、“会” 或这些词的否定形式或其他类似表达来识别，尽管并非所有前瞻性声明都包含这些词。前瞻性声明基于 Snow Lake Resources Ltd. 当前的期望，并且面临固有的不确定性、风险和假设，这些因素难以预测。此外，某些前瞻性声明基于对未来事件的假设，这些假设可能并不准确。这些风险和不确定性在我们向证券交易委员会提交的注册声明和年度报告中的 “风险因素” 部分有更详细的描述。本公告中的前瞻性声明是在此日期作出的，Snow Lake Resources Ltd. 不承担更新该信息的义务，除非适用法律要求。
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