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 announces a multi-phased drill campaign at its Russell Lake Uranium Project in Saskatchewan, covering 73,294 hectares. The campaign will consist of 10,000 meters of diamond drilling across three phases, fully funded to be completed by September 2023. The first phase will focus on the Grayling Zone, following historical high-grade uranium intersections. With significant historical exploration, including over 95,000 meters of drilling, the project is strategically located near key uranium mines and has several prospective targets.
Skyharbour Resources Ltd. has announced an option agreement with Tisdale Clean Energy Corp. dated October 19, 2022, allowing Tisdale to earn a 51% to 75% interest in the 12,464-hectare South Falcon East Property in Saskatchewan's Athabasca Basin. Tisdale will issue Skyharbour 1,111,111 shares, fund CAD $10.5 million in exploration, and pay CAD $11.1 million over five years. Skyharbour retains a minority interest and a 100% stake in adjacent claims. This partnership aims to enhance Skyharbour’s strategic project base, with plans for significant exploration activities ahead.
Skyharbour Resources Ltd. (SYHBF) released assay results from its 2022 spring diamond drilling program at the Moore Uranium Project in Saskatchewan. The program totaled 2,467 meters across seven holes, discovering uranium mineralization and strong structural disruption in multiple target areas. Notable results include 5.0 meters of 0.13% U3O8 in hole ML22-07. The company plans to advance its exploration efforts with additional drilling, fully funded for a larger campaign over the next year, and anticipates forthcoming updates from new drill programs, reflecting a positive outlook for the uranium market.
Skyharbour Resources Ltd. has upgraded to trade on the OTCQX Best Market under the symbol SYHBF, effective September 30, 2022. Moving from the OTCQB signifies meeting high financial standards and corporate governance. This transition enhances visibility among U.S. investors as the company positions itself within the growing uranium sector, driven by positive nuclear energy sentiment. Skyharbour holds an extensive portfolio of uranium projects in the Athabasca Basin, including the Moore Uranium Project, which has shown promising drill results.
Skyharbour Resources Ltd. has signed an option agreement with Yellow Rocks Energy to allow the latter to acquire up to 80% of the Wallee and Usam Island Uranium Properties in Saskatchewan, Canada. The agreement involves Yellow Rocks issuing shares valued at AUD $2,025,000, making a cash payment of AUD $50,000, and committing AUD $4,500,000 in exploration expenditures. The Wallee project spans approximately 20,765 hectares, while the Usam project covers 42,186 hectares. Skyharbour will retain a 2% NSR on all claims and aim to enhance shareholder value through strategic partnerships.
Skyharbour Resources Ltd. (SYHBF) announced that its partner Valor Resources has identified eleven new targets at the Hook Lake Uranium Project following an airborne gravity gradiometry survey. This survey aimed to detect gravity lows indicating potential uranium deposits. The final assay results from a previous diamond drilling program showed promising signs of uranium mineralization, with a peak of 160ppm U3O8 from a depth of 105.5m. The company plans follow-up exploration including radon surveys and lake sediment sampling to further assess these targets.
Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the start of a phase two diamond drilling program at its Mann Lake uranium project, strategically located near significant uranium deposits. The drilling aims to explore targets identified in previous drilling and geophysical surveys, with approximately 4,000 meters of core drilling planned. The project, under an Option Agreement with Basin Uranium, is part of a CAD $4,850,000 investment strategy, including cash payments and exploration expenditures. The ongoing exploration seeks to discover additional uranium mineralization in a geopolitically favorable region.
Skyharbour Resources Ltd. (SYHBF) partner Basin Uranium Corp. announced significant uranium mineralization from its phase one drilling at the Mann Lake project, located near major uranium deposits in Canada. Key findings include 323 ppm U3O8 over 0.5 meters in hole MN22002, suggesting a promising northeast conductor corridor. The results have upgraded the project's potential, prompting plans for a phase two drill program to explore further. The initial program covered 3,503 meters and uncovered valuable pathfinder elements and rare earths, indicating strong mineralization prospects.
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