$SYH.v $SYHBF announced last week they’ve entered into an Option Agreement with Rio Tinto Exploration Canada Inc. to acquire up to 100% of the Russell Lake Uranium Project.
Some highlights from the project
- Comprised of 26 claims covering 73,294 hectares of prospective exploration ground strategically
- Has had significant historical exploration - provides $SYH with an excellent dataset to direct subsequent exploration on high-priority areas
- Are over 35kms of untested conductors on the property in magnetic lows, which are indicative of pelitic basement rocks conducive to uranium deposition in the Athabasca Basin
- + more
The pr has a great overview of the entire project and its potential, also mentions they have begun planning the initial phase of exploration.
https://skyharbourltd.com/news-media/news/news-display/-skyharbour-secures-option-to-acquire-an-initial-51-and-up-to-100-of-the-russell-lake-uranium-project-from-rio-tinto-in-the-athabasca-basin-of-saskatchewan