Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTC Grey: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to share media coverage of the Company including recent interviews with President and CEO Jordan Trimble with Katusa Research as well as Resource Stock Digest. The interview between Jordan Trimble and Katusa Research during Cambridge House’s 2017 Vancouver Resource Investment Conference on January 23rd discussing the trend reversal in the uranium market and the current drill program at Moore Lake can be found here:
A recent interview with Resource Stock Digest on February 13th can be found here:
Current Drill Program at Moore Lake:
The Company has commenced its planned 3,500 metre drill program on its flagship Moore Lake Uranium Project located on the east side of the Athabasca Basin. The program will continue through February into late March / early April with most of the drilling planned on and along strike of the high grade Maverick Zone which is land-based and accessible year-round.
Jordan Trimble, President and CEO of Skyharbour Resources, stated: “The commencement of our first diamond drill program at our flagship Moore Lake Uranium Project is a key milestone for Skyharbour and its shareholders. Uranium properties with the pedigree and potential of Moore Lake are rare with historical high grade mineralized results including 4.03% eU3O8 over 10 metres at the Maverick Zone as well as several shallow exploration targets that offer the potential to generate additional discoveries. The target areas in and around the Maverick Zone that we are drill testing with this initial 3,500 metre program provide strong discovery potential as we look to value-add the project using a systemic and proven exploration methodology. The Company is well funded to complete this drill program and will provide updates as results become available.”
About Skyharbour Resources Ltd.:
Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with five drill-ready projects. In July 2016, Skyharbour acquired an option from Denison Mines to acquire 100% of the Moore Lake Uranium Project which is located 20 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River mine. Moore Lake is an advanced stage uranium exploration property with over $30 million in historical exploration, 370 diamond drill holes, and a high-grade uranium zone known as the Maverick Zone with drill results including 4.03% eU3O8 over 10 metres at a vertical depth of 265 metres. The Company owns a 100% interest in the Falcon Point (formerly Way Lake) Uranium Project on the eastern perimeter of the Basin which hosts an NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. The project also hosts a high grade surface showing with up to 68% U3O8 in grab samples from a massive pitchblende vein, the source of which has yet to be discovered. Skyharbour also has a 50% interest in the large, geologically prospective Preston Uranium Project proximal to Fission Uranium’s Triple R deposit as well as NexGen Energy’s Arrow deposit. The Company’s 100% owned Mann Lake Uranium project on the east side of the Basin is strategically located adjacent to the Mann Lake Joint Venture operated by Cameco with partners Denison Mines and AREVA, where high-grade uranium mineralization was recently discovered. Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.
To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.
SKYHARBOUR RESOURCES LTD.
President and CEO
For further information contact myself or:
Corporate Development and Communications
Skyharbour Resources Ltd.
Toll Free: 800-567-8181
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