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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 Apr 02, 2024 7:34pm
65 Views
Post# 35966472

SYH Partner Progress (Mobilizing, ID'ing Radioactivity, etc)

SYH Partner Progress (Mobilizing, ID'ing Radioactivity, etc)

Skyharbour Resources (SYH.v SYHBF) is a uranium exploration company actively advancing projects in the prolific Athabasca Basin of Saskatchewan, Canada. They hold an extensive portfolio of uranium exploration projects, with a total of twenty-nine projects, ten of which are drill-ready. 

User image
 

SYH has several partner companies  which can acquire ownership interests in some of SYH's projects by funding exploration and making cash and share payments. 


SYH's partners have been hard at work mobilizing drilling equipment,  Identifying elevated radioactivity and more. 


Most recently, their partner  Tisdale Clean Energy (TCEC.c) completed the first two drill holes at SYH's South Falcon East Uranium Project, finding uranium grades up to 0.07% eU3O8.Drilling is scheduled to resume in spring. 


Historical drilling at the site has shown promising mineralization, with previous intersections yielding uranium grades of up to 0.17% over 14 meters.


TCEC aims to earn a 75% interest by issuing 1,111,111 shares to SYH upfront and funding exploration expenditures totaling CAD $10,500,000, with additional cash payments of CAD $11,100,000 over five years.


Details:  https://skyharbourltd.com/news-media/news/news-display/skyharbour-partner-company-tisdale-clean-energy-completes-first-two-drill-holes-at-the-south-falcon-east-uranium-project-athabasca-basin-saskatchewan

 
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