Skyharbour Resou - SYHBF STOCK NEWS

Skyharbour Resources Ltd. (SYHBF) announced successful results from its summer/fall 2021 diamond drilling program at Moore Uranium Project, totaling 6,598 meters and 19 drill holes. Notable results from drillhole ML21-13 revealed 0.994% U₃O₈ over 5.7 meters, confirming high-grade uranium at Maverick East Zone. The ongoing exploration shows robust potential, with pending assays for six additional holes. The company plans to initiate a winter drilling program to further explore the project's mineralization.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has announced an option agreement with Medaro Mining Corp. for the Yurchison Uranium Property in Saskatchewan. The agreement allows Medaro to earn a 70% interest through CAD $3 million in shares, CAD $800,000 in cash, and CAD $5 million in exploration within three years. The Property spans approximately 55,934 hectares and shows potential for uranium, copper, and molybdenum. Following the initial earn-in, Medaro can acquire the remaining 30% for CAD $15 million. This partnership aligns with Skyharbour's strategy to enhance its project portfolio in the Athabasca Basin.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced an option agreement with Black Shield Metals Corp. for a potential 75% interest in the Mann Lake Uranium Project located in Saskatchewan's Athabasca Basin. Over three years, Black Shield will contribute CAD $4,850,000, including CAD $850,000 cash, and CAD $1,750,000 in shares. The Mann Lake project covers 3,473 hectares, 25 km from the McArthur River Mine. The partnership aims to capitalize on the growing uranium market, advancing exploration and strategic developments at Mann Lake.

Skyharbour Resources reports progress on its Hook Lake Project, where partner Valor Resources has finished a field program. The upcoming diamond drilling program is set for December 2021, aiming for at least 2,500 meters of drilling. Recent assays showed impressive surface results: up to 59.2% U3O8 and significant silver and rare earth elements. All necessary permits for drilling are in place, and the project is strategically positioned within Saskatchewan's high-grade uranium mining area, enhancing its attractiveness to investors.

Skyharbour Resources Ltd. (SYHBF) reported promising initial diamond drill results from its 2021 summer drilling program at the Moore Uranium Project, revealing high-grade uranium mineralization. Drillhole ML21-03 exhibited 2.54% U₃O₈ over 6.0 metres, including 6.80% over 2.0 metres. The project has significant exploration potential, with ongoing drilling to cover untested areas. The report highlights the vital demand for uranium globally, supported by increasing prices and upcoming developments in nuclear energy, enhancing positive market sentiment.

Skyharbour Resources Ltd. (SYHBF) has announced positive results from the recent field program at the Hook Lake Project. A total of 57 samples confirmed historical high-grade uranium mineralization, particularly at Hook Lake (Zone S) with assays returning over 6% U3O8 and significant rare earth elements. The Hook Lake Project spans 25,846 hectares and is located near the Key Lake Uranium Mine in Saskatchewan. A follow-up field program is planned to prioritize drill targets, highlighting the project’s potential for further exploration and development.

Skyharbour Resources Ltd. (SYHBF) announced an update from partner Valor Resources Limited on the Hook Lake Project following a high-resolution airborne radiometric survey completed in July. The survey identified several anomalies, particularly in the northwest area, suggesting new uranium targets. Valor can earn an 80% interest in the project through $3.5 million in exploration and cash payments. Skyharbour also reported $1.2 million received from warrant exercises, funding its drill program at Moore Lake. The company holds a strong position in uranium exploration with multiple projects in Saskatchewan.