Thompson Brothers Lithium Project Update #3

Thompson Brothers Lithium Project Update #3 150 150 Snow Lake Resources

Suite 2905, 77 King St W, Toronto, ON M5K 1A2

Highlights

  • Option completed, making Snow Lake Resources the 100% owner of the Thompson Brothers Lithium property (subject to a 2% NSR).
  • Non-Offering Prospectus review in progress for the CSE listing.

July 01, 2019, TORONTO, ONT. – SNOW LAKE RESOURCES LTD. (“Snow Lake”, “SNOW” or the “Company”) is pleased to report that all the requirements of the option agreements have been met, and the Thompson Brothers Lithium claims have been registered in the name of Snow Lake Resources, and it’s wholly owned subsidiary Manitoba Minerals PTY ltd.

On April 12 of 2019, the final payment required in shares and cash was made to complete the purchase of the 80% option and the additional 20% options on the Thompson Brothers Lithium property:

  • Claims have been registered 80% in the name of Manitoba Minerals PTY Ltd, (a wholly owned subsidiary of Snow Lake Resources), and 20% in Snow Lake Resources name.
  • The assay results from core samples taken of host rocks that occur on either side of the main pegmatite contact indicate an enrichment of Lithium. Some of the host rock Lithium enrichment approaches sub-economic levels. Additional sampling of host rock adjacent to the pegmatite contacts that was not sampled (and occasional inclusions within the pegmatite) has been recommended by CanMine to update the existing database.
  • CanMine recommends testing for Tantalum and Cesium which, if present in significant concentrations, could affect future resource estimations.
  • A detailed survey of the existing drill hole collar locations by a professional surveyor is also required before the resource estimation can advance.

Advisory Team

The company is pleased to announce the formation of a Technical Advisory Team, which is highly credentialed in the exploration, development, and production of Lithium.  The first member of the team is Mr. Carey Galeschuk. Mr. Galeschuk brings a varied back ground on pegmatite geology with valuable experienced gained during his 12 year engagement at the Cabot, Tanco Mine located in South East Manitoba. The Tanco Mine is a pegmatite that has been mined since 1968 and has produced

spodumene, cesium and tantalum at various times through its mine life. Sinomine Rare Metals of Beijing

has acquired the Tanco mine as part of the purchase of Cabot Corps specialty fluid division in February of 2019. Spodumene is a lithium rich mineral that can be processed to produce a lithium product and is abundant in the TBL pegmatites.

Carey Galeschuk – is a professional geoscientist with over thirty years in mineral exploration, specializing in project management and business development. Within that time he spent 12 years engaged in mineral exploration in the Tanco Mine district in the pursuit of Li-Cs-Ta Pegmatites. He currently works for numerous companies across Canada in a number of positions spanning various geological settings and a wide spectrum of commodities. Presently Mr. Galeschuk client base includes companies actively exploring for/or developing lithium bearing pegmatite projects within the Province on Manitoba. He is a geology graduate of the University of Saskatchewan (1988).

The Snow Lake IPO process is advancing with the company working on satisfying the regulatory obligations enabling the IPO process to be finalised in the near future.

All of Snow Lake Resources’ exploration programs and pertinent disclosure of a scientific nature are prepared and/or designed and carried out under the supervision of Mr. Dale Schultz, P.Geo. and COO, who serves as the qualified person (QP).

Mr. Frank Hardy, P.Geo., of Canmine Consultants (www.canminx.ca) will serve as an independent qualified person (QP) for the resource estimation.

ON BEHALF OF THE BOARD

Signed “Derek Knight”

Derek Knight

CEO

For further information, please contact:

Derek Knight

Derek@SnowLakeResources.com

Forward-Looking Statements:

Certain statements in this document are or maybe “forward-looking statements” and represent Snow Lake’s intentions, projections, expectations or beliefs concerning among other things, future exploration activities. The projections, estimates and beliefs contained in such forward looking statements necessarily involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Snow Lake Resources Ltd, and which may cause Snow Lake’s actual performance in future periods to differ materially from any express or implied estimates or projections. Nothing in this document is a promise or representation as to the future. Statements or assumptions in this document as to future matters may prove to be incorrect and differences may be material. Snow Lake Resources Ltd does not make any representation or warranty as to the accuracy of such statements or assumptions.