Skyharbour Resou Stock Price, News & Analysis

Skyharbour (OTCQX: SYHBF) closed a Strategic Agreement with Denison Mines on Dec 17, 2025 to form four joint ventures across the Russell Lake uranium project with combined project consideration of up to CAD $61.5 million.

Consideration includes $10.0M cash paid, an additional $8.0M payable in cash and shares by Dec 31, 2025, and up to $43.5M in expenditures/cash for Denison to earn 20%–70% interests over seven years. Skyharbour remains operator and 80% owner of the RL claims (53,192 ha) and holds over $11M in treasury going into 2026.

Skyharbour (OTCQX: SYHBF) and joint-venture partner Orano announced a substantial 2026 exploration program at the 49,635-hectare Preston uranium project in the western Athabasca Basin.

Planned work includes an Airborne Gravity Gradiometry (AGG) survey over the northern priority corridor, follow-up detailed ground gravity surveys, and a summer 2026 diamond drilling campaign of approximately 3,000–3,500 metres across ~10 helicopter-supported holes. Orano is the project operator and majority owner with 74.7% interest; Skyharbour holds a 25.3% minority interest. The program targets FSAN and Canoe Lake grids after encouraging 2024–2025 results that confirmed multiple graphitic shear zones and alteration zones.

Skyharbour (OTCQX: SYHBF) entered a Strategic Agreement with Denison Mines on Nov 17, 2025 to form four joint ventures at the Russell Lake uranium project with combined project consideration of up to CAD $61.5 million.

The deal includes up to $21.5M in cash or Denison shares (including $18.0M before year-end) and up to $40.0M in exploration expenditures, with Denison earning between 20%–70% interest across four claim groups and Skyharbour retaining operator status on most RL claims.

Skyharbour (OTCQX: SYHBF) partner Terra Clean Energy announced that the Fraser Lakes B Deposit has been recognized by the Government of Canada as an active rare earth element (REE) deposit on Oct 15, 2025. The deposit contains REE oxides including La2O3, Ce2O3, Yb2O3, Y2O3 alongside uranium and thorium mineralization.

Under the existing option agreement, Terra will fund CAD $10,500,000 in exploration and pay Skyharbour CAD $11,100,000 (up to CAD $6,500,000 payable in Terra shares) over the earn-in period. The project hosts a historical inferred resource of 6.9M lbs U3O8 and 5.3M lbs ThO2.

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.