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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 Oct 18, 2023 7:11pm
98 Views
Post# 35690027

SYH Webinar Summary: High-Grade Uranium & Strategic Partners

SYH Webinar Summary: High-Grade Uranium & Strategic Partners

During Sky Harbor Resources' (SYH.v SYHBF) latest webinar replay, CEO Trimble discussed the company's extensive portfolio of assets in the uranium exploration sector, primarily focused on the Athabasca Basin. They have a total of 24 projects, ranging from early-stage exploration to more advanced properties with high-grade uranium discoveries and mineralized zones.


SYH employs a unique dual-pronged strategy, not only focusing on high-grade uranium discoveries at their flagship projects but also running a prospect generator business. This allows them to partner with other companies to advance secondary and tertiary projects, effectively providing additional news flow and exposure to multiple projects for their shareholders.


The conversation revolved around their two most advanced projects, Russell Lake and Moore Lake. Russell Lake, an acquired project from Rio Tinto, underwent a 10,000-meter drill program in which they have made high-grade uranium discoveries. They outlined a strategic partnership with Rio Tinto, working towards a phased earn-in structure.


At Moore Lake, they have been actively drilling in recent years and are in the process of preparing a mineral resource estimate. The project is known for high-grade uranium mineralization in the Maverick Corridor and has significant potential for further discoveries.


Full replay here: 

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