Skyharbour Resources Ltd. (Skyharbour) is pleased to announce further results from its spring-summer 2005 exploration work program. Several priority target settings have been identified on the Skyharbour (20%) and Cypress Development Corp. (80%) 5,100-acre McKenzie Island property. The property is adjoined on its east boundary by the Southern Star / Exall Resources Gold Eagle property, who are currently proceeding with a successful major drill program (see their release 08-29-2005 Re: 28.4 gm/ton over 11.7 metres).
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Skyharbour has completed a detailed and systematic whole rock analytical program on its McKenzie Island property. The program was designed to identify large-scale alteration systems within the Dome Stock and surrounding volcanics. A veined quartz-sericite unit carrying elevated gold values was identified (North Target zone). Drill testing of this and other targets is scheduled during the Company's planned continuation of its Red Lake gold exploration program. The relationship between this alteration system and mineralization reported on the Exall / Southern Star property to the east is not known at present.
Further drill testing is also being proposed on the new gold mineralization (2.2 gm/ton over 6 metres) identified in the phase 1 drill program completed in the St Paul's Bay area of the McKenzie Island property in the spring of 2005. The mineralization is widespread in sericitic-veined granite. The relationship between the new Au mineralization and a large flanking carbonate-sericite alteration system will be drill tested in the upcoming winter drill program. Poor ice conditions in 2005 prevented earlier testing of this setting.
About Skyharbour Resources Ltd.:
Skyharbour Resources Ltd. is a gold exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 6 mineral properties located in the Red Lake greenstone belt.
ON BEHALF OF THE BOARD OF DIRECTORS
DONALD C. HUSTON
For further information contact myself or:
Skyharbour Resources Ltd.
VP Corporate Communications
Toll Free: 800-567-8181
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This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.