Skyharbour Resou Stock Price, News & Analysis

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the completion of its phase one drilling program at the Mann Lake project, totaling 3,503 metres across five holes. Significant uranium mineralization was intersected, with the unconformity reached in all holes between 608 to 651 metres. The upcoming second phase of drilling, planned for fall 2022, will also utilize results from this phase and forthcoming geophysical surveys to target further exploration. The project is strategically located near major uranium deposits, indicating strong potential for discovery and development.

Skyharbour Resources Ltd. (SYHBF) has entered an Option Agreement with Rio Tinto Exploration Canada to acquire up to 100% of the Russell Lake Uranium Project, covering 73,294 hectares in the Eastern Athabasca Basin. The property, strategically located between key uranium projects, has undergone significant historical exploration, identifying multiple high-grade uranium targets. Skyharbour can earn a 51% initial interest by investing CAD $508,200, issuing shares, and funding CAD $5.7 million in exploration over three years. The acquisition positions Skyharbour for potential new discoveries and operational synergies.

Skyharbour Resources Ltd. (SYHBF) announced the completion of its second diamond drill hole at the Mann Lake uranium project in Saskatchewan. The hole reached a depth of 683 meters, intersecting visible uranium mineralization and anomalous readings at 660 meters. The third hole is underway, targeting a depth of 700 meters. Basin Uranium Corp., the partner on this project, is progressing on time and budget, with ongoing core logging and sampling. Skyharbour’s strategic position in the Athabasca Basin remains critical as it continues exploration activities.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the completion of the first diamond drill hole at the Mann Lake uranium project in Saskatchewan. The drill reached a depth of 731 metres and intersected the unconformity at around 650 metres. The second hole is currently underway, targeting a depth of 700 metres. A geophysical survey is scheduled for early May 2022, with ongoing core logging and sample preparation for chemical assays.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has officially started its spring 2022 diamond drilling program at the Mann Lake uranium project in Saskatchewan's Athabasca Basin. The project is strategically positioned near significant uranium deposits, including the world's largest, McArthur River Mine. Under an Option Agreement with Basin Uranium, Basin can acquire a 75% interest in Mann Lake by investing CAD $4.85 million over three years. The drilling is managed by Bryson Drilling Ltd. under the supervision of TerraLogic Exploration Inc.

Skyharbour Resources Ltd. (SYHBF) announced an exploration plan for its Mann Lake uranium project in Saskatchewan’s Athabasca Basin, highlighting a minimum budget of $3.5 million for drilling and geophysics in 2022. The project is strategically located near significant uranium deposits, including the McArthur River Mine. The Phase 1 program includes camp construction, a moving loop EM survey, and a diamond drilling program targeting fertile ground. The company is optimistic about its refined geological understanding, which aims to identify promising areas for uranium deposits.

Skyharbour Resources Ltd. (SYHBF) has completed its maiden drilling program at the Hook Lake Uranium Project, totaling 1,757 meters across eight drill holes. Elevated radioactivity was found in several holes, particularly in the S-Zone, with assays pending. Notably, drill hole DDHL22-002 recorded traces of uraninite mineralization. An airborne gravity survey is scheduled for May to refine new drill targets, with follow-up exploration plans underway. Valor Resources, Skyharbour's partner, is optimistic about the potential for high-grade uranium mineralization based on historical surface sampling results.