Skyharbour Resources Says Basin Uranium To Launch 6,000-Meter Drill Campaign At Mann Lake Project
2022-04-18 10:55:23 AM ET (MT Newswires)
10:55 AM EDT, 04/18/2022 (MT Newswires) -- Skyharbour Resources Ltd. (SYH.V) said Monday that its partner company Basin Uranium Corp. will launch a 6,000-meter maiden drill program at the Mann Lake uranium project in Saskatchewan.
Skyharbour, which jumped 4.4% at last look, said the initial diamond drilling will focus on interpreted conductor corridors coinciding with gravity and mag lows.
The program will require at least $3.5 million comprising drilling and geophysics throughout the year, the company said.
Basin Uranium has an option to acquire a 75% interest in Mann Lake by spending $4.9 million on the project over three years.
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