Skyharbour Resources Ltd.
Skyharbour Resources Ltd. (TSX-V: SYH)(OTCQX: SYHBF) holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well-positioned to benefit from improving uranium market fundamentals with twenty-nine projects, ten of which are drill-ready, covering over 580,000 hectares of mineral claims. Skyharbour acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization at the Maverick Zone including highlight drill results of 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres.
Adjacent to the Moore Uranium Project is Skyharbour’s Russell Lake Uranium Project, in which Skyharbour is operator having formed a 51% joint-venture partnership with Rio Tinto. The 73,294 ha Russell Lake Property is strategically located in the central core of the Eastern Athabasca Basin of northern Saskatchewan, and hosts several high-grade uranium drill intercepts over a large property area with robust exploration upside potential.
In addition to being a uranium exploration and early-stage development company focused on advancing its co-flagship Moore and Russell Lake Projects, Skyharbour also utilizes a prospect generator strategy by seeking partner companies to advance secondary projects, effectively acting as a uranium project incubator. Through earn-in option agreements, partner companies can acquire ownership interests in these projects by funding exploration and making cash and share payments to Skyharbour. The Company currently has joint-ventures with industry-leader Orano Canada Inc., Azincourt Energy, and ASX-listed Thunderbird Resources (previously Valor) at the at Preston, East Preston and Hook Lake Projects, respectively, whereby Orano, Azincourt and Thunderbird earned majority interests in the projects through exploration expenditures, cash payments and share issuances. Skyharbour also has five active earn-in option partners including: CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at Yurchison Project; TSX.V-listed North Shore Uranium at the Falcon Uranium Project; UraEx Resources at the South Dufferin and Bolt Projects; Hatchet Uranium at the the Highway Project; Mustang Energy at the 914W Project; and TSX.V-listed Terra Clean Energy (previously Tisdale) at the South Falcon East Project which is host to the Fraser Lakes Zone B Uranium and Thorium Deposit (NI 43-101 inferred resource totalling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%).
In aggregate, Skyharbour has now signed earn-in option agreements with partners that total to over $41 million in partner-funded exploration expenditures, over $30 million worth of shares being issued and over $22 million in potential cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.
For more information, please visit their company website.
Press Releases
Mustang Energy Corp. Completes First Milestone of Option Agreement with Skyharbour Resources Ltd.
Skyharbour Announces Upsized Private Placement for Gross Proceeds of up to C$9.5 Million
Skyharbour Announces Brokered Private Placement for Gross Proceeds of up to C$8.5 Million
Skyharbour Enters into Agreement with Mustang Energy to Option its 914W Uranium Project Located in the Athabasca Basin, Saskatchewan
Mustang Energy Corp. Enters Option Agreement to Acquire Skyharbour's 914W Uranium Project and Welcomes Jordan Trimble as Strategic Advisor
Skyharbour Commences Fall Diamond Drilling Program at its Russell Lake Uranium Project, Saskatchewan
Skyharbour Enters into Agreements to Partner with Hatchet Uranium Corp. on Several of its Uranium Projects Located in the Athabasca Basin, Saskatchewan
Skyharbour Announces ANT Survey Prior to Upcoming Drill Program as well as Summary of 2024 Drilling to Date at Russell Lake Uranium Project, Northern Saskatchewan
Skyharbour Completes Majority Earn-In and Forms Joint-Venture with Rio Tinto at Russell Lake Uranium Project in the Athabasca Basin
Skyharbour Partner Company Terra Clean Energy Plans Winter 2025 Exploration Program at the South Falcon East Uranium Project, Athabasca Basin, Saskatchewan
Interviews
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble Talks Multi-Project Uranium Drilling in Canada’s Prolific Athabasca Basin
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Advancing Multiple Uranium Exploration Projects via the Drill-Bit in Canada’s Prolific Athabasca Basin Region
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Hitting High-Grade Uranium at Both Co-Flagship Projects in Canada’s Famed Athabasca Basin
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Multi-Project Uranium Drilling in Saskatchewan’s Prolific Athabasca Basin
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Start of Drilling at Co-Flagship Russell and Moore Uranium Projects in Canada’s Athabasca Basin
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble Gives Masterclass on Current Uranium Bull Market & Maps Out 2024 Drilling at Co-Flagship and Partner-Funded Projects in Canada’s Athabasca Basin
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Multiple Athabasca-Based Drilling Projects in a Rising Uranium Market
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble Gives a Primer on the Coming Uranium Bull Market
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Executing the Project Generator Model While Drilling Co-Flagships
Skyharbour Resources (TSX-V: SYH)(OTC: SYHBF) CEO Jordan Trimble on Multi-Property Uranium Acquisition & Drilling Update from Canada’s Prolific Athabasca Basin
RSD Exclusive Coverage
Skyharbour Resources Commences Drilling at Russell Lake Uranium Project
Skyharbour forms JV with Rio Tinto and Announces Fall Drill Program
Skyharbour Resources Options South Dufferin and Bolt Uranium Exploration Properties
Skyharbour Resources commences drilling at Moore Lake uranium project
Uranium drilling accuracy on full display in Canada's Athabasca Basin
Skyharbour Resources Talks Uranium Exploration in the Athabasca Basin at Metals Investor Forum
Here's how you position for gains in the 2024 uranium bull market
Small-cap uranium explorer lines up multiple partner-funded drilling projects in Canadian hotspot
Why Skyharbour Resources Is a Top Uranium Speculation
Drills are now turning on a key uranium play in North America's richest uranium production zone