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SKYHARBOUR RES LTD ORD - SYHBF STOCK NEWS

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SKYHARBOUR RES LTD ORD (SYHBF) is a resource exploration company focused on the acquisition and development of high-grade uranium projects in Canada. With a portfolio of properties in the prolific Athabasca Basin, the company is dedicated to advancing its projects through strategic partnerships and innovative exploration techniques. SKYHARBOUR's commitment to sustainability and community engagement sets it apart in the industry, ensuring responsible development practices and long-term value creation for shareholders.

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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.

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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.

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Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) announced that its partner, Basin Uranium Corp., has received authorization for exploration work at the Mann Lake Uranium Project in Saskatchewan. This includes 15,000 meters of diamond drilling across 20 holes. The project, located near significant uranium deposits, aims to advance exploration after a decade of inactivity. The initial phase involves geophysical surveys starting in April, with drilling expected to commence in June. The exploration is backed by a CAD $4.85 million contribution from Basin Uranium over three years.

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Skyharbour Resources Ltd. (SYHBF) announced updates on the Mann Lake uranium project in Saskatchewan. Partner Basin Uranium is progressing with permitting for a detailed exploration program, which includes a geophysical survey and an extensive drilling campaign of up to 20 holes totaling 15,000 meters. The project is strategically located near significant uranium deposits, potentially enhancing its value. Basin Uranium aims to mobilize rapidly once permits are secured, and an investment of CAD $4,850,000 is planned over three years to advance exploration.

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Skyharbour Resources Ltd. (SYHBF) provides an update on the East Preston uranium project in Saskatchewan, Canada. Drilling commenced on January 24, 2022, with 3,208 meters completed across 13 drill holes. Significant hydrothermal hematite alteration and elevated radioactivity were found, indicating promising uranium potential. Azincourt Energy, a partner in the project, highlights the importance of these findings in relation to past major discoveries in the Athabasca Basin. The winter drilling program is planned for approximately 6,000 meters, evaluating key zones targeted based on previous geological surveys.

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Skyharbour Resources Ltd. (TSX-V: SYH, OTCQB: SYHBF) has initiated its winter 2022 diamond drilling program at the Moore Uranium Project in Saskatchewan. This program aims to complete a minimum of 2,500 metres across 7 to 9 drill holes, targeting the Maverick East Zone and Grid 19. Previous successful drilling revealed significant uranium mineralization. The project covers 35,705 hectares and is well-positioned to capitalize on the recovering uranium market, benefiting from regional infrastructure and strong discovery potential.

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Skyharbour Resources Ltd. reported an update on its East Preston uranium project in Saskatchewan, Canada. Drilling began on January 24, 2022, with 1,334 meters completed across six drill holes by February 11. The winter diamond drilling program aims for approximately 6,000 meters in 30-35 holes and focuses on the G-Zone and K-Zone. The project maintains strong community engagement with Clearwater River Dene Nation. Skyharbour retains a 15% interest in East Preston after Azincourt Energy earned a 70% interest through $2.5 million in exploration expenditures. The project showcases multiple prospective corridors.

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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.

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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.

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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.

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FAQ

What is the current stock price of SKYHARBOUR RES ORD (SYHBF)?

The current stock price of SKYHARBOUR RES ORD (SYHBF) is $0.2444 as of December 24, 2024.

What is the market cap of SKYHARBOUR RES ORD (SYHBF)?

The market cap of SKYHARBOUR RES ORD (SYHBF) is approximately 51.9M.

What is SKYHARBOUR RES LTD ORD (SYHBF) focused on?

SKYHARBOUR is a resource exploration company concentrating on high-grade uranium projects in Canada's Athabasca Basin.

What sets SKYHARBOUR apart in the industry?

The company emphasizes sustainability, community engagement, and responsible development practices.

How does SKYHARBOUR approach project advancement?

Through strategic partnerships and innovative exploration techniques, SKYHARBOUR aims to progress its portfolio of properties.

Where are SKYHARBOUR's projects located?

The company's properties are situated in the prolific Athabasca Basin in Canada.

What is SKYHARBOUR's ultimate goal?

SKYHARBOUR is dedicated to value creation for shareholders through the development of high-grade uranium projects.

Who can be contacted for further information about SKYHARBOUR?

For more details, reach out to Nicholas Coltura, the Investor Relations Manager at SKYHARBOUR Resources Ltd.

What are the key factors driving SKYHARBOUR's success?

Strategic partnerships, sustainable practices, and innovative exploration techniques contribute to SKYHARBOUR's growth.

Why is SKYHARBOUR's focus on high-grade uranium projects significant?

High-grade uranium projects offer great potential for long-term value creation and industry leadership.

How does SKYHARBOUR ensure responsible development practices?

Through a commitment to sustainability and community engagement, SKYHARBOUR upholds ethical and environmentally conscious operations.

What makes SKYHARBOUR a valuable investment opportunity?

SKYHARBOUR's dedication to advancing high-grade uranium projects with integrity and innovation makes it a compelling choice for investors.

SKYHARBOUR RES LTD ORD

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51.86M
139.43M
2.4%
32.48%
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