SKYHARBOUR RES LTD ORD - SYHBF STOCK NEWS

Skyharbour Resources Ltd. (SYHBF) has entered an Option Agreement with Rio Tinto Exploration Canada to acquire up to 100% of the Russell Lake Uranium Project, covering 73,294 hectares in the Eastern Athabasca Basin. The property, strategically located between key uranium projects, has undergone significant historical exploration, identifying multiple high-grade uranium targets. Skyharbour can earn a 51% initial interest by investing CAD $508,200, issuing shares, and funding CAD $5.7 million in exploration over three years. The acquisition positions Skyharbour for potential new discoveries and operational synergies.

Skyharbour Resources Ltd. (SYHBF) announced the completion of its second diamond drill hole at the Mann Lake uranium project in Saskatchewan. The hole reached a depth of 683 meters, intersecting visible uranium mineralization and anomalous readings at 660 meters. The third hole is underway, targeting a depth of 700 meters. Basin Uranium Corp., the partner on this project, is progressing on time and budget, with ongoing core logging and sampling. Skyharbour’s strategic position in the Athabasca Basin remains critical as it continues exploration activities.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced the completion of the first diamond drill hole at the Mann Lake uranium project in Saskatchewan. The drill reached a depth of 731 metres and intersected the unconformity at around 650 metres. The second hole is currently underway, targeting a depth of 700 metres. A geophysical survey is scheduled for early May 2022, with ongoing core logging and sample preparation for chemical assays.

Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has officially started its spring 2022 diamond drilling program at the Mann Lake uranium project in Saskatchewan's Athabasca Basin. The project is strategically positioned near significant uranium deposits, including the world's largest, McArthur River Mine. Under an Option Agreement with Basin Uranium, Basin can acquire a 75% interest in Mann Lake by investing CAD $4.85 million over three years. The drilling is managed by Bryson Drilling Ltd. under the supervision of TerraLogic Exploration Inc.

Skyharbour Resources Ltd. (SYHBF) announced an exploration plan for its Mann Lake uranium project in Saskatchewan’s Athabasca Basin, highlighting a minimum budget of $3.5 million for drilling and geophysics in 2022. The project is strategically located near significant uranium deposits, including the McArthur River Mine. The Phase 1 program includes camp construction, a moving loop EM survey, and a diamond drilling program targeting fertile ground. The company is optimistic about its refined geological understanding, which aims to identify promising areas for uranium deposits.

Skyharbour Resources Ltd. (SYHBF) has completed its maiden drilling program at the Hook Lake Uranium Project, totaling 1,757 meters across eight drill holes. Elevated radioactivity was found in several holes, particularly in the S-Zone, with assays pending. Notably, drill hole DDHL22-002 recorded traces of uraninite mineralization. An airborne gravity survey is scheduled for May to refine new drill targets, with follow-up exploration plans underway. Valor Resources, Skyharbour's partner, is optimistic about the potential for high-grade uranium mineralization based on historical surface sampling results.

Skyharbour Resources Ltd. (SYHBF) announced the completion of its 2022 exploration program at the East Preston uranium project in Saskatchewan. A total of 5,004 metres were drilled across 19 holes, focusing on significant alteration zones. Notably, the K-Zone shows an alteration extent of 1,200 metres, while the H-Zone extends 500 metres. The program yielded 420 samples sent for analysis, with assay results expected from late April to June. Azincourt Energy, the project partner, considers the alteration findings pivotal for identifying areas for future exploration.

Skyharbour Resources Ltd. (SYHBF) has reported significant progress in its 2022 drilling program at the East Preston Uranium Project in Saskatchewan, having completed 4,301 metres of drilling since January 24. The K-Zone has revealed hydrothermal hematite alteration across all drill holes, extending at least 1,200 metres. The G-Zone has shown extensive alteration and structural complexity. The project is expected to meet its planned drill meterage, though fewer holes may be completed. The company retains a 15% interest in the project after Azincourt Energy's earn-in.