Welcome to our dedicated page for Skyharbour Resou news (Ticker: SYHBF), a resource for investors and traders seeking the latest updates and insights on Skyharbour Resou stock.
Skyharbour Resources Ltd. (SYHBF) is a uranium exploration leader focused on high-potential assets in Canada's Athabasca Basin. This page serves as your centralized source for official company announcements, operational updates, and strategic developments.
Investors and industry observers will find timely updates on key initiatives including mineral claim evaluations, partnership agreements like the Mustang Energy collaboration, and progress at flagship projects such as the 914W Uranium Project. Our curated news collection provides transparent access to earnings reports, resource estimates, and technical exploration updates.
All content is maintained to meet strict journalistic standards, ensuring reliable information for making informed decisions. Bookmark this page for direct access to Skyharbour's evolving position in the uranium exploration sector, with regular updates on basin-wide developments and corporate milestones.
Skyharbour Resources announced the discovery of high-grade uranium mineralization at its Russell Lake Uranium Project in Saskatchewan. During Phase One of its winter drill program, the company intersected 2.99% U3O8 over 0.5 meters at the newly identified Fork Zone. This high-grade find is the best in the project's history and is strategically located near key infrastructure, reducing drilling costs. The company is fully funded and prepared for a follow-up summer drill program of 7,000 - 8,000 meters at its Russell and Moore projects. Assays from the second phase of winter drilling at Russell and recent drilling at Moore are pending.
Skyharbour Resources and its joint-venture partner, Orano Canada, have completed a geophysical program at the 49,635-hectare Preston Uranium Project in Saskatchewan, Canada. The 2024 program marks Orano's first exploration at Preston since 2020.
The geophysics included a 35.6 km Moving-Loop Transient Electromagnetic (ML-TEM) survey and a ground gravity survey with 2,295 stations. An upcoming Spatiotemporal Geochemical Hydrocarbons (SGH) soil sampling program will involve over 1,100 samples. The total budget for the 2024 campaign is about CAD $850,000. Orano holds a 51% interest in the joint venture, with Skyharbour and Dixie Gold each holding 24.5%.
Past exploration at Preston has identified over a dozen high-priority drill target areas. The project is strategically positioned near notable uranium discoveries by NexGen Energy, Fission Uranium, and F3 Uranium.
The technical details have been reviewed and approved by David Billard, P.Geo., a Consulting Geologist for Skyharbour.
Skyharbour Resources announced that partner company North Shore Uranium has confirmed uranium mineralization at two targets within the Falcon Property in Saskatchewan. The highest uranium concentration recorded was 572 ppm U3O8. North Shore plans further exploration to evaluate these and other targets. The drilling results showed significant intersections at targets P03 and P08, with substantial uranium values at specific intervals. North Shore's initial focus will be on the most promising targets identified during this program. Future plans include further drilling and a detailed field program to assess additional high-priority targets.
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