Incentive Stock Options Granted


December 12, 2006

Vancouver, BC - Skyharbour Resources Ltd. (TSX.V: SYH) (the "Company") announces that pursuant to its stock option plan, the Company has granted incentive stock options to its various directors, officers and consultants to purchase up to an aggregate of 2,186,551 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.125 per share. The Company's 10% rolling stock option plan was approved by the shareholders at the Annual General Meeting of the Company held on August 23, 2006. These options are subject to a four-month hold period. 

About Skyharbour Resources Ltd.:

Skyharbour Resources is a mineral exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 10 gold or base metal properties located in the Red Lake and Rainy River greenstone belts.

ON BEHALF OF THE BOARD OF DIRECTORS

"Don Huston"
______________________________________
Donald C. Huston
President

For further information contact myself or:
Don Myers
Skyharbour Resources Ltd.
VP Corporate Communications
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com 

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

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