TSXV:SYH - Post Discussion
Post by
waves1 on May 30, 2023 2:21pm
SYH signs option agreement for South Falcon Uranium Property
Skyharbour Resources (SYH.v SYHBF) has signed an option agreement with North Shore Energy Metals for the South Falcon Uranium Property in the Athabasca Basin for issuance and exploration expenditure commitments of $5.3M!
The property contains 11 mineral claims comprising approximately of 42,908 hectares with a well-defined northeast-trending, locally folded, electromagnetic conductor system running throughout the property and significant potential for uranium deposits.
SYH President and CEO of Skyharbour, Jordan Trimble, commented:
“We are thrilled to be working with the North Shore team as they advance the South Falcon Project going forward. We continue to execute on our strategy by adding value to our uranium project base in the Athabasca Basin through strategic partnerships and prospect generation, as well as focused mineral exploration at our co-flagship Russell and Moore Projects. News will be forthcoming on exploration plans at South Falcon and North Shore is well positioned to unlock value at the Project with a strong management and technical team.”
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