Till sampling program completed on Sidace Lake Property

August 25, 2003

Skyharbour Resources Ltd, (the operator) reports on behalf of its joint venture partner Abaddon Resources (ABN), that it has now completed a major Till sampling program on its SIDACE LAKE property. The joint venture's land position consists of approximately 9000 acres and immediately adjoins the Planet / Goldcorp Sidace Lake new gold discovery on both the North East and South West projected strike extensions of the geological formations.

The till sampling program is the beginning of the phase 1 work program initiated by the Skyharbour /Abaddon joint venture for the summer of 2003. Several hundred till samples have been submitted for assaying with Overburden Management. The company is pleased to report that several "gold in till anomalies" are now evident from the assays received to date. The company is still awaiting on additional till assays, which are now being processed by the lab.

Data compilation and geological mapping continues on the Sidace Lake property at this time. The Sidace Lake property is believed to be underlain by similar structures and lithologys associated to those hosting the new gold discovery on the Planet / Goldcorp ground.

The Sidace Lake area is considered to be the northern extension of the prolific Red Lake Greenstone belt. All Sidace Lake results have been prepared under the guidance of consultant geologist Mr. David Busch, P.Geo, who is designated as a qualified person with ability to verify the authenticity and validity of this data.

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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