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 directors, officers, consultants and management company employees to purchase up to an aggregate of 783,000 common shares in the capital stock of the Company, exercisable for a period of five years, at a price of $0.165 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 11 gold or base metal properties located in the Red Lake and Rainy River 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
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.