Could Moore Lake Uranium Benefit from SABRE Mining Tech? Skyharbour Resources Ltd. (ticker: SYH.v or SYHBF for US investors) is advancing its extensive Uranium Project in Saskatchewan’s Athabasca Basin, including its Moore Lake Project, where near-surface mineralization could align with the SABRE mining technology now being used in its first commercial application.
In July 2025, Orano Canada and Denison Mines announced the start of uranium mining at the McClean North deposit using SABRE, recovering an estimated 250 tonnes of high-grade ore (+10% U3O8) from the first mining cavity. This marked the beginning of commercial production at McClean North and the first deployment of SABRE as a mining method.
Source: https://denisonmines.com/news/orano-canada-and-denison-announce-sabre-1st-produc-122825/
The significance for Skyharbour is clear: If SABRE proves compatible with the shallow mineralization at Moore Lake, the project could serve as a satellite deposit for either company in the future.
Notably, Denison is already the company's largest shareholder, and Orano is a joint-venture partner at Skyharbour's Preston Uranium Project.This potential strategic alignment is largely overlooked by the market but could provide long-term value for shareholders.
Moore Lake, one of Skyharbour’s co-flagship projects, spans 35,705 hectares across 12 contiguous claims and lies just east of the midpoint between Cameco’s McArthur River mine and the Key Lake mill.The property has seen more than $50 million in historical exploration, over 140,000 metres of drilling, and extensive geophysical work.
The Maverick Corridor remains the main focus, hosting high-grade, relatively shallow mineralization.
Notable drill results include 20.8% U3O8 over 1.5m within 6.0% U3O8 over 5.9m, as well as more recent step-outs such as hole ML24-15, which returned 4.74% U3O8 over 1.5m within 6.4m of 1.50% U3O8, extending the Maverick East Zone 42 metres to the northeast.
These results highlight both continuity and growth potential across the 4.7 km corridor, much of which remains underexplored.
The company is fully funded for approximately 5,000 metres of additional drilling at Moore in 2025, focusing on the Main Maverick and Maverick East Zones, while also testing regional targets with modern geophysics and refined geological modelling.
Combined with its multi-phased 2025 drill program at the adjacent Russell Lake Project, Skyharbour plans between 16,000–18,000 metres of drilling this year (not including partner-funded drilling).
Beyond Moore and Russell Lake, Skyharbour holds a portfolio of 37 uranium projects covering over 616,000 hectares, making it one of the largest landholders in the Athabasca Basin. Its partnerships include joint ventures with Orano, Azincourt Energy, and Thunderbird Resources, as well as earn-in option agreements with companies such as Basin Uranium Corp., North Shore Uranium, and Mustang Energy.
Collectively, these agreements could bring more than $36 million in partner-funded exploration, $20 million in shares, and $14 million in cash payments to Skyharbour, assuming full earn-ins.
With its flagship projects, strong partnerships, and potential compatibility with Denison and Orano’s SABRE mining method, Skyharbour is well positioned to deliver both exploration upside and long-term strategic value in one of the world’s most prolific uranium districts.
More here: https://skyharbourltd.com/news-media/news/skyharbour-intersects-high-grade-uranium-in-significant-42-m-step-out-hole-ml24-15-which-returned-474-u3o8-over-15-m-within-64-m-of-150-u3o8-at-moore-project
Posted on behalf of Skyharbour Resources Ltd.