Skyharbour Resources (SYH.v SYHBF) is a uranium exploration company actively advancing projects in the prolific Athabasca Basin of Saskatchewan, Canada. They hold an extensive portfolio of uranium exploration projects, with a total of twenty-nine projects, ten of which are drill-ready.
SYH has several partner companies which can acquire ownership interests in some of SYH's projects by funding exploration and making cash and share payments.
SYH's partners have been hard at work mobilizing drilling equipment, Identifying elevated radioactivity and more.
Most recently, their partner Tisdale Clean Energy (TCEC.c) completed the first two drill holes at SYH's South Falcon East Uranium Project, finding uranium grades up to 0.07% eU3O8.Drilling is scheduled to resume in spring.
Historical drilling at the site has shown promising mineralization, with previous intersections yielding uranium grades of up to 0.17% over 14 meters.
TCEC aims to earn a 75% interest by issuing 1,111,111 shares to SYH upfront and funding exploration expenditures totaling CAD $10,500,000, with additional cash payments of CAD $11,100,000 over five years.
Details: https://skyharbourltd.com/news-media/news/news-display/skyharbour-partner-company-tisdale-clean-energy-completes-first-two-drill-holes-at-the-south-falcon-east-uranium-project-athabasca-basin-saskatchewan