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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 partystockeron Oct 26, 2022 2:42pm
109 Views
Post# 35050868

SYH.v continues to diversify its uranium project portfolio.

SYH.v continues to diversify its uranium project portfolio.

Skyharbour Resources (TSXV: SYH) is in the process of adding another uranium project to its portfolio. Through an option agreement with Tisdale, the company is now eligible to earn up to a 75% interest in the South Falcon East Property. Skyharbour will retain a minority interest in the property, assuming the earn-in is completed. 


The South Falcon East Property is located in Saskatchewan’s Athabasca Basin, and consists of a series of mineral claims totaling 12,464 hectares. It is adjoined to the company’s South Falcon Project and contains the Fraser Lakes Zone B deposit, which hosts an inferred resource of 7 million pounds U3O8 @ 0.03% concentration. 


Despite sagging in the past month, SYH.v shares have managed to retain a 35% gain from lows seen in June. The company is currently trading at $0.400, valued at $57.98 million. 


https://twitter.com/Skyharbour_SYH/status/1585278968709595136

 
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