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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 Stockydocon Jul 19, 2022 12:46pm
81 Views
Post# 34834730

News from SYH

News from SYHGreat news today as SYH closed an option to acquire up to 100% of the Russell Lake Uranium Project. Here's some details:

- The Russell Lake Project comprises of 26 claims covering 73,294 ha in the eastern portion of the Athabasca Basin.
- Advanced stage uranium exploration property with historical exploration carried out prior to 2010
- There are several notable targets including the Grayling Zone, M-Zone extension target, the Little Man Lake target, the Christie Lake target, and the Fox Lake Trail target

The news release provides a more in depth look at each target and the terms of the agreement. Past exploration at Russell Lake has shown promising results and significant discovery potential. Great move from SYH with the acquisition.

https://ca.finance.yahoo.com/news/skyharbour-closes-option-acquire-initial-120000411.html
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