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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 waves1on Aug 18, 2023 5:31pm
88 Views
Post# 35595652

Significant results returned from East Preston Drill Program

Significant results returned from East Preston Drill Program

Skyharbour Resources (SYH.v SYHBF) and joint-venture partner Azincourt Energy have received significant results from its 2023 drill program at the East Preston Uranium Project in Saskatchewan's Athabasca Basin.

 

A total of 3,066m were completed in 13 drill holes during this program and a total of 687 samples were collected for analysis .

 

Analysis of the results shows uranium enrichment within the previously identified clay alteration zones along the K and H target zones, with extensive structure and hydrothermal clay alteration within the structural zone at the K-Zone.

 

Drilling on the northeast trending G-Zone identified extensive hydrothermal alteration, evidence of east-west cross-cutting structures and elevated radioactivity.

 

These drilling results are significant because other major uranium discoveries in the Athabasca Basin such as McArthur River, Key Lake, and Millennium were primarily the result of drill testing of strong alteration zones related to conductor features.

 

Thus, "identifying and upgrading the strong alteration zones is a significant step forward in identifying the key areas along the conductor trends where more attention is required."

 

“The elevated uranium values from the last two drill programs, combined with the confirmed presence of relevant clays and strong U/Th ratios, within these systems, are substantial developments in the progression of the project and should not be underestimated. 

 

Full News Release: https://skyharbourltd.com/news-media/news/news-display/azincourt-energy-receives-results-from-2023-drill-program-at-the-east-preston-uranium-project-athabasca-basin-saskatchewan

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