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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 Mar 16, 2022 2:10pm
73 Views
Post# 34519220

Alteration zone extended at East Preston Uranium Project

Alteration zone extended at East Preston Uranium Project
Promising update from Skyharbour Resources ($SYH.v $SYHBF) and Azincourt Energy ($AAZ.V $AZURF) regarding the current 2022 exploration and drilling program at the East Preston Uranium Project in Saskatchewan, Canada:
  • Extensive hydrothermal hematite alteration in all holes in the K-Zone indicating the alteration zone is at least 1,200m long
  • Evidence of east-west cross-cutting structures
  • Extensive evidence for steep east-west fault cross-cutting the main northeast-trending structure & graphitic lithologies
  • Thick zone of hydrothermal alteration and intense graphitic fault zone in H-Zone
 
These drill results are significant as $AAZ has extended the alteration zone. Identifying strong alteration zones is a solid step forward in identifying the key areas that are along the conductor trends. Many holes have been drilled deeper than initially planned to get through the intersection and additional holes are being drilled to follow up on key findings.
 
https://financialpost.com/globe-newswire/skyharbours-partner-company-azincourt-energy-increases-alteration-zone-in-current-drill-program-at-the-east-preston-uranium-project 
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