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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 StockHawk1on Dec 21, 2023 3:13pm
112 Views
Post# 35796326

SYH Purchases New Uranium Claims in the Athabasca Basin

SYH Purchases New Uranium Claims in the Athabasca Basin

Skyharbour Resources (SYH.v SYHBF) is trading in the green on high and above average volume today after announcing that it has acquired two new uranium exploration claims in northern Saskatchewan, expanding its total land package to 523,097 hectares across 25 projects. 


The newly acquired claims, known as the Bolt Project, cover 4,726 hectares and are situated approximately 7 km west of Highway 914 and 32 km southwest of Cameco’s Key Lake Operation.


The Athabasca Basin, where the claims are located, is known for hosting the world's highest-grade uranium deposits. 


Skyharbour plans to include the Bolt Project in its prospect generator business and seek strategic partners for its development.


The company is fully funded for its 2024 drilling and exploration plans, with over $10 million in its treasury. The recent acquisition follows the exercise of share purchase warrants, contributing CAD $959,612 to Skyharbour's funds.


Full news here: https://skyharbourltd.com/news-media/news/news-display/skyharbour-announces-additional-uranium-property-staking-in-the-athabasca-basin-saskatchewan

 
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