Skyharbour Resou Stock Price, News & Analysis

Skyharbour (OTCQX: SYHBF) partner North Shore Uranium completed a prospecting program at the Falcon Project (Athabasca Basin margin) and confirmed significant surface radioactivity at multiple targets.

Highlights include scintillometer readings up to 27,000 cps (FA025), 20,000 cps (FA020), boulders up to 7,000 cps, and historic outcrop assays up to 0.492% U3O8. Seventy-four rock samples were submitted to SRC lab; assay results are pending. North Shore may earn an initial 80% interest by issuing CAD 1,225,000 in shares, paying CAD 525,000 cash and spending CAD 3,550,000 on exploration over three years, with an option to acquire the remaining 20% for CAD 5,000,000 in shares plus CAD 5,000,000 cash.

Skyharbour Resources (OTCQX: SYHBF) has significantly expanded its uranium exploration portfolio through strategic staking of 21 new claims in Saskatchewan's Athabasca Basin. The expansion increases the company's total land position to 616,939 hectares across 37 projects.

The newly acquired properties include the Haultain Project (6,607 ha), Bonville Project (1,497 ha), and several other strategic claims. These additions complement Skyharbour's existing prospect generator business model, where the company seeks strategic partners to advance assets through earn-in and joint venture agreements.

Notable among the available projects is the Foster Project, featuring significant uranium occurrences including the Great Plains Showing and Red October Zone, with historical samples returning up to 657 ppm uranium and 6,644 ppm rare earth elements.

Skyharbour Resources (OTCQX: SYHBF) partner Terra Clean Energy has announced significant results from its Winter 2025 drill program and plans for an immediate follow-up summer program at the South Falcon East Uranium Project. The winter program yielded notable intersections, including 18.1 metres at 0.03% U3O8 with higher-grade subintervals.

The upcoming summer program will consist of 2,500 metres of drilling with a C$2 million budget, targeting areas where key uranium mineralization indicators intersect. The project, located 18km outside the Athabasca Basin, hosts the Fraser Lakes B Uranium Deposit with a historical resource of 6.9 million pounds U₃O₈ at 0.03% U₃O₈.

Skyharbour Resources (OTCQX: SYHBF) announces that its partner UraEx Resources has initiated a 2,600-metre diamond drilling program at the South Dufferin Uranium Project in Saskatchewan's Athabasca Basin. The CAD $1.5 million fully-funded program will include 8-12 drill holes targeting uranium mineralization.

UraEx can earn up to 100% interest in the property through CAD $9.8 million in combined project consideration over five years. The 13,204-hectare property is strategically located near Cameco's Centennial deposit, which has reported historical drill results of up to 8.78% U3O8 over 33.9 metres.

The helicopter-supported program will focus on testing the southern extension of the Dufferin Lake Fault, marking the first drilling activity at the project in over six years.

Skyharbour Resources (OTCQX: SYHBF) announces that its joint venture partner Orano Canada has initiated a major diamond drilling program at the 49,635-hectare Preston Uranium Project in Saskatchewan's western Athabasca Basin. The program will comprise 6,000-7,000 meters of drilling with up to 28 holes targeting depths of 200-350 meters during summer 2025.

The drilling campaign will focus on three primary target areas: the untested Johnson Lake, Canoe Lake, and FSAN target. Orano holds a 53.3% majority stake in the joint venture, while Skyharbour maintains a 25.6% interest. The program follows Orano's successful 2024 exploration activities, which included ground surveys and geochemical sampling.

Skyharbour Resources announced significant uranium drilling results from its Moore Uranium Project in Saskatchewan's Athabasca Basin. The key highlight was drill hole ML24-15, which intersected 6.4 metres of 1.50% U3O8, including 4.74% U3O8 over 1.5 metres, at a depth of 275.0 metres. This hole extended the high-grade Maverick East Zone by 42 metres northeast. The late 2024 drilling program totaled 2,759 metres across nine holes, with eight successfully intersecting uranium mineralization. The company plans to conduct a fully-funded 4,500-5,000 metre summer drill program at Moore, alongside ongoing drilling at the adjacent Russell Lake Project. In total, Skyharbour aims to complete 16,000-18,000 metres of drilling across both projects in 2025, focusing on expanding the high-grade zones and testing regional targets.

Skyharbour Resources (SYHBF) and its joint venture partner Orano Canada have announced a major diamond drilling program at the Preston Uranium Project in Saskatchewan's western Athabasca Basin. The summer 2025 program will comprise 6,000-7,000 meters of drilling across up to 28 holes, targeting three primary areas: Johnson Lake, Canoe Lake, and FSAN zones.

The drilling will test high-priority targets at depths between 200-350 meters. Orano, holding a 53.3% majority stake in the project, will operate the program, while Skyharbour maintains a 25.6% interest. The announcement follows Orano's 2024 exploration activities, which included electromagnetic surveys, ground gravity surveys, and geochemical sampling.

Skyharbour Resources partner Terra Clean Energy announces plans for a summer drill program at the South Falcon East Uranium Project near the Athabasca Basin. The program will consist of approximately 2,500 metres of drilling, targeting an area highlighted in the Winter 2025 program.

The project, located 18 km outside the Athabasca Basin and 50 km east of the Key Lake Uranium Mill, will focus on testing intersections of key uranium indicators including graphitic metasediments, brittle structures, clay alteration, and hematite alteration. The $2.0 million helicopter-supported program will include 7-10 diamond drill holes.

Under the Option Agreement, Terra can earn a 75% interest by funding CAD $10.5 million in exploration and paying Skyharbour CAD $11.1 million, of which $6.5 million can be settled in Terra shares. Operations are expected to commence in June 2025, managed by TerraLogic Exploration.

Skyharbour Resources (SYHBF) announces completion of winter drilling program at South Falcon East Uranium Project by partner Terra Clean Energy. The program, consisting of seven diamond drill holes totaling 1,927m, yielded promising results with uranium mineralization in six holes.

Key findings include hole SF0065 showing 0.02% eU3O8 over 17.5m with peaks of 0.16% eU3O8, and SF0067 returning 0.03% eU3O8 over 4.0m. The drilling expanded the mineralized footprint and confirmed deposit continuity, with mineralization remaining open to the north and northeast.

The project, located 18km outside the Athabasca Basin and 50km east of Key Lake Uranium Mill, shows potential for open-pit mining due to shallow mineralization at 150m depth. Terra plans a follow-up summer drilling program targeting a possible basement-hosted unconformity uranium deposit.