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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 1StockInformeron Oct 25, 2023 6:46pm
111 Views
Post# 35701134

Uranium Prices Hit 15-Year High

Uranium Prices Hit 15-Year High

With the uranium spot price recently hitting a 15-year high, the uranium sector is experiencing a significant surge in activity. Skyharbour Resources (SYH.v SYHBF) is emerging as a promising contender within this sector. 


SYH has strategically adopted a hybrid approach, concentrating on the development of flagship uranium assets while simultaneously implementing a prospect generator model across its other 22 properties located in the uranium-rich Athabasca Basin.


One of SYH's standout projects is Moore Lake, which has yielded impressive findings of high-grade uranium. Notable results from this project include a remarkable 4.03% eU3O8 over 10 meters, featuring an extraordinary 20.8% eU3O8 over 1.5 meters. 


Additionally, the project boasts results such as 9.12% U3O8 over 1.4 meters and 5.29% over 2.5 meters.

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