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Skyharbour Resources (TSX-V: SYH) is a preeminent uranium and thorium exploration Company with projects located in the prolific Athabasca Basin of Saskatchewan, Canada which is one of the most favourable jurisdictions globally to work in. The Company has been acquiring top tier exploration projects at attractive valuations culminating in five uranium properties totalling over 250,000 hectares throughout the Basin. In July 2016, Skyharbour secured an option from Denison Mines (TSX: DML) to acquire a 100% interest in the Moore Lake Uranium Project, now the flagship project, which hosts the high grade Maverick Zone. The Company is run by a strong management team who are major shareholders with extensive capital markets experience as well as focused uranium exploration expertise in the Basin.

Skyharbour's flagship project is the Moore Lake Uranium Project being optioned from Denison Mines (TSX: DML) which is also a large, strategic shareholder of the Company. Moore Lake is an advanced uranium property located on the eastern portion of the Athabasca Basin with over $30 million in historical exploration including over 132,000 metres of drilling in 370 holes. A high grade uranium pod called the Maverick Zone was discovered by JNR Resources in the early 2000’s with drill results including 4.03% eU3O8 over 10 metres, including 20% eU3O8 over 1.4 metres starting at a depth of 264.68 metres in hole ML-61, as well as 5.14% U3O8 over 6.2 metres in hole ML-55. In addition to the Maverick Zone, diamond drilling in several other target areas has intersected multiple conductors associated with significant structural disruption, strong alteration and anomalous uranium and pathfinder element concentrations.

In 2014, Skyharbour announced the purchase of 100% interests in the Falcon Point (previously Way Lake) and Yurchison Uranium Projects totaling 91,663 hectares on the east side of the Basin. The Falcon Point property hosts an NI 43-101 mineral resource of 7.0 million pounds U3O8inferred at an average grade of 0.03% U3O8 and 5.3 million pounds ThO2 inferred at an average grade of 0.023% ThO2 within 10.4 million tonnes using a cutoff grade of 0.01% U3O8. In addition to the deposit on the south end of the project, at the north end of the project high grade mineralization has been discovered with up to 68% U3O8 in recent grab samples from a massive pitchblende vein at the Hook Lake target. The source of this high grade uranium mineralization has yet to be discovered.

Skyharbour also owns a 50% interest in one of the largest land packages (121,149 hectares) strategically located near Fission Uranium’s (TSX: FCU) Patterson Lake South (“PLS”) high-grade Triple R uranium deposit as well as NexGen Energy’s (TSX-V: NXE) high grade Arrow deposit. Skyharbour’s land position comprising the Preston Uranium Project was acquired for its interpreted favourable geology for the occurrence of PLS style uranium mineralization. A total of over $4.7 million in exploration has been carried out to date by the Western Athabasca Syndicate with Skyharbour only having had to fund less than $1 million of this.

Skyharbour has a 100% interest in the Mann Lake Uranium Project located on the east side of the Basin 25 km SW of Cameco´s McArthur River Mine. The project boasts highly prospective geology and geochemistry, and a robust discovery potential as identified by the historic work consisting of over $3.5 million in exploration including drilling. The property is also adjacent to the Mann Lake Joint Venture operated by Cameco (52.5%) with partners Denison Mines (30%) and AREVA (17.5%) where high-grade, basement-hosted uranium mineralization was discovered in 2014.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

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DOW 20996.10 232.23
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Resource Commodities

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Silver 17.61 0.02
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Natural Gas 3.04 3.04
Uranium 22.75 N/A
Zinc 1.27 0.0032

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