Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (the "Company") announces that pursuant to the terms of a Property Option Agreement announced by news release dated October 10, 2006, it has issued 50,000 common shares and paid the sum of $10,000 to Martin Bobinski and Antony Maciejewski. The Company had been granted an option to earn a 100% interest, subject to a 2% net smelter return royalty, in four unpatented mineral claims located in the Dent and Mitchell Townships, Red Lake District, Kenora Mining Division, Northwestern Ontario. The property forms part of the Company's 3200 acres South Bay zinc project.
Click here for South Bay Claims Map, Northwestern Ontario
The common shares issued are subject to a four month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring February 2, 2009.
About Skyharbour Resources Ltd.:
Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the RED LAKE and RAINY RIVER districts of northwestern Ontario, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
DONALD C. HUSTON
For further information contact myself or:
Skyharbour Resources Ltd.
Toll Free: 800-567-8181
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.