Skyharbour Resources Ltd V.SYH

Inaugural Results from Russell Lake

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Having amassed over 518,000 hectares of uranium prospective properties including two contiguous co-flagship projects in the Athabasca Basin, Skyharbour Resources (SYH.v SYHBF) is perfectly positioned for the uranium bull market.

Today, SYH announced the results from its inaugural drilling program at its Russell Lake Project located in the central core of the Eastern Athabasca Basin of Northern Saskatchewan.

Three phases of drilling were completed with eight holes totalling 3,661.5m drilled at the Grayling Zone in Phase 1, 2,730 m in four holes in Phase 2 and 3,203 m drilled in 7 holes in Phase 3.

Uranium mineralization was intersected in the majority of the holes with one of the best-ever drill results returning a 5.9-metre wide intercept of 0.151% U3O8 at a depth of 338.4 metres, which includes 1.0 metres of 0.366% U3O8 at 343.3 metres depth within a thrust wedge.

SYH President & CEO Jordan Trimble commented:

“We are very pleased with the inaugural drilling program at the Russell Lake Uranium Project. Numerous holes at the Grayling target area intersected significant zones of uranium mineralization including hole RSL23-01 which represents one of the best drill results at the project. Skyharbour has also expanded the extent of the known mineralized zones to over a kilometre at Grayling. Most of the drilling at the project historically has been widespread exploratory drilling and we are even more confident in the discovery potential and exploration upside at Russell Lake given this program along with the many highly prospective target areas hosting the geological ingredients necessary for high-grade uranium deposition."

Notably, planning is underway for an upcoming, fully-funded winter drilling program at Russel Lake as the project is accessible all year round with road access, powerlines and an exploration camp.

With additional news flow and catalysts expected from SYH's project generator business consisting of numerous partner companies advancing other projects throughout the Basin, SYH is on track for growth ahead of further continued drilling and exploration at its co-flagship projects of Russell and Moore.

Full News Release & Details of the Results: https://skyharbourltd.com/news-media/news/news-display/-skyharbour-intersects-significant-uranium-mineralization-in-inaugural-drill-program-at-the-russell-lake-project-in-northern-saskatchewan-and-announces-plans-for-a-follow-up-winter-drill-program

For more information on SYH's potential in the substantial uranium market, check out the latest article by Epstein Research: https://epsteinresearch.com/2023/11/01/skyharbour-resources-perfectly-positioned-for-the-uranium-bull-market/