Skyharbour Resou - SYHBF STOCK NEWS

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the results of its 2021 drilling program at the Moore Uranium Project, which included six holes and a total of 6,598 metres drilled. Notably, hole ML21-19 revealed high-grade uranium mineralization of 0.54% U₃O₈ over 19.5 metres. The company plans a fully-funded winter drilling program of at least 2,500 metres to further explore the Maverick East Zone and other regional targets. This successful program positions Skyharbour well as the uranium market shows signs of recovery.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has announced the start of a 2,500m diamond drilling program at its Hook Lake Uranium Project in Saskatchewan's Athabasca Basin. This project aims to explore uranium mineralization at the S-Zone, which previously yielded samples with up to 59.2% U₃O₈. The program will also target the V-Grid area. An airborne gravity survey is set to begin in April 2022. Valor Resources Limited, Skyharbour's partner, is investing CAD $3.5 million in exploration, aligning with increased global demand for uranium as countries seek low-carbon energy solutions.

Skyharbour Resources Ltd. (SYHBF) and its partner Azincourt Energy have commenced drilling for the winter 2022 exploration program at the East Preston uranium project in Saskatchewan. The program includes a minimum of 6,000 meters of drilling across 30-35 holes, targeting areas with previously identified elevated uranium levels. The drilling will proceed until mid to late March, supported by completed infrastructure, including a 73 km winter road. Azincourt has earned a 70% interest in the project through significant investments. The project aims to identify basement-hosted unconformity uranium deposits.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has commenced the construction of an exploration camp for its winter 2022 drilling program at the East Preston uranium project, located in Saskatchewan's Athabasca Basin. The camp, managed by Discovery Mining Services, is pivotal for supporting the program, which includes a planned 6,000 meters of diamond drilling across 30-35 drill holes targeting the A-G and K-Q trends. The company has secured all necessary permits and is actively engaging local communities to address any concerns.

Skyharbour Resources Ltd (SYHBF) has appointed Dr. Andrew J. Ramcharan as Senior Vice President of Corporate Development. Dr. Ramcharan brings over 20 years of experience in mining, exploration, and investment banking, including raising over $600 million in equity financings at IAMGOLD. He holds a Ph.D. in Mining Engineering and has a strong track record in corporate development, aimed at maximizing shareholder value through new discoveries and partnerships. The company operates extensively in Canada’s Athabasca Basin, holding fourteen uranium projects, nine of which are drill-ready.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has announced the acquisition of six new uranium exploration properties in the Athabasca Basin, totaling 147,510 hectares. This expands their total land package to 385,934 hectares, enhancing their position in a region known for high-grade uranium deposits. The properties include the Riou River, Pluto Bay, Wallee, Usam Island, Foster River, and South Dufferin projects, each with significant geological prospects. CEO Jordan Trimble emphasized the strategic importance and untapped potential of these newly acquired projects.

Skyharbour Resources Ltd. (SYHBF) announced a drilling contract with Major Drilling for the Hook Lake Uranium Project, set to start in January 2022, with a minimum of 2,500m planned. Camp construction has begun, supported by Discovery Mining Services. The drilling will target areas with high-grade uranium, including the S Zone, which previously showed assays of up to 59.2% U3O8. The project covers 25,846 hectares near the Key Lake Uranium Mine in Saskatchewan, with significant mineralization potential highlighted by past exploration results.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the commencement of preparation for the winter road to access its East Preston uranium project in the Athabasca Basin, Saskatchewan. Accurate Industries is contracted to create a 60 km road, essential for the winter 2022 drilling program, which aims to extend the previous year's work. The program forecasts a minimum of 6,000m of drilling across 30-35 holes, targeting geophysical anomalies along the A-G and K-Q trends. Permits for winter work are secured, and the drilling is expected to start in early January 2022.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced that its partner, Medaro Mining Corp., will commence an exploration program at the Yurchison Project this winter. Covering approximately 55,934 hectares in Saskatchewan, the program aims to identify new high-priority drill targets. The project has previously shown significant uranium and molybdenum mineralization, with historical values indicating strong discovery potential. Additionally, Medaro plans to acquire an initial 70% interest in the property through a combination of share issuances, cash payments, and exploration expenditures totaling CAD $8.8 million.