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Skyharbour Resources Ltd V.SYH

Alternate Symbol(s):  SYHBF

Skyharbour Resources Ltd. is a uranium exploration company. The Company holds a portfolio of uranium exploration projects in Canada's Athabasca Basin. Its projects include Moore Lake-Core Project, Russell Lake-Core Project, South Falcon, South Falcon East, Preston, East Preston, Hook Lake, and others. The Moore Uranium Project consists of 12 contiguous claims totaling 35,705 hectares located 42 kilometers (km) northeast of the Key Lake mill, over 15 km east of Denison’s Wheeler River project. The Russell Lake Project is an advanced-stage uranium exploration property totaling 73,294 hectares strategically located between Cameco’s Key Lake and McArthur River Projects. Its South Falcon Point Uranium Project covers 32,235 hectares covering nine claims over 50 km east of the Key Lake mine. The Hook Lake area is located near the northern end of the property. The Company also owns Foster property. The Company also holds seven claims totaling 23,822 hectares in and around the Athabasca basin.


TSXV:SYH - Post by User

Post by StockHawk1on Jun 09, 2023 6:55pm
90 Views
Post# 35489474

SYH secures property option agreement w/ North Shore Energy

SYH secures property option agreement w/ North Shore Energy

North Shore Energy Metals has made an option agreement with Skyharbour Resources (SYH.v SYHBF) to acquire an 80% stake in SYH's highly prospective South Falcon Uranium Property. North Shore must fulfill cash, share, and exploration commitments to SYH in order to earn their interest.


Under this agreement, North Shore will leverage cutting-edge geophysical data to prioritize drilling in key areas along the conductor system. 


Once North Shore secures an initial 80% interest, it will have the opportunity to acquire the remaining 20% interest within 90 business days  through the issuance of $5,000,000 of cash/shares. 


For more detailed information, please visit: https://skyharbourltd.com/news-media/news/news-display/skyharbour-signs-option-agreement-with-north-shore-energy-metals-for-south-falcon-uranium-property-in-the-athabasca-basin-canada

 
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