Tag: Skyharbour Resources

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Base Metals Energy Junior Mining Project Generators

Skyharbour’s Partner Company Azincourt Energy Begins 2021 Drill Program at The East Preston Uranium Project


Press Release


Corporate Presentation

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects. Skyharbour has 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 that returned drill results of up to 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres.

Skyharbour has and option agreement with Orano Canada Inc. and a joint venture agreement with Azincourt Energy. Orano can earn in up to 70% of the Preston and Azincourt recently earned in 70% of the East Preston Project, respectively, through a combined $9,800,000 in total exploration expenditures, as well as $1,700,000 in total cash payments and Azincourt shares. Preston and Preston East are large, geologically prospective properties proximal to Fission Uranium’s Triple R deposit as well as NexGen Energy’s Arrow deposit.

The Company owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. Skyharbour has signed a Definitive Agreement with Australian company Pitchblende Energy, which is being acquired by ASX-listed Valor Resources, on the North Falcon Uranium Project whereby Pitchblende can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Spencer Coulter
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Email: info@skyharbourltd.com

Categories
Base Metals Energy Junior Mining Project Generators

Skyharbour’s Partner Company Azincourt Energy Reports Drill Mobilization at The East Preston Uranium Project


Press Release


Corporate Presentation

“Naturally, we’re eager to get the drill program underway,” said Alex Klenman, President and CEO of Azincourt.  “The most exciting part of what we do is drilling.  We’re only 12 holes into East Preston, and to date the data generated is suggesting we’re getting closer to a potential discovery.  The data is strong, and it is reflected through multiple exploration activities that essentially stack on top of one another.  This coincidental layering creates very strong targets.  We have dozens of targets to test still, we’re really only scratching the surface,” continued Mr. Klenman.

For further information contact myself or:
Spencer Coulter
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Email: info@skyharbourltd.com

Categories
Base Metals Energy Junior Mining

Skyharbour Signs Letter of Intent with Pitchblende Energy to Option 80% of the North Falcon Point Uranium Property


Press Release


Corporate Presentation

https://youtu.be/q-ORo5PzEg4

Skyharbour’s President and CEO, Jordan Trimble commented: “Skyharbour continues to execute on its business model by adding value to its project base in the Athabasca Basin through strategic partnerships and focused mineral exploration. This LOI with Pitchblende at North Falcon Point effectively utilizes our prospect generator model to advance the Company’s other projects with partner companies. We are excited to have the opportunity to work with new partners in Pitchblende and Valor led by experienced and dynamic management and technical teams. Furthermore, Skyharbour will maintain a 100% interest in the southern portion of the Falcon Point Project retaining ownership of the Frasers Lakes Uranium and Thorium Deposit. This LOI complements the option agreements signed with Orano Canada and Azincourt Energy which collectively will generate steady news flow over the next several years in addition to the continued exploration at our flagship Moore Uranium Project.”

For further information contact:
Spencer Coulter
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Email: info@skyharbourltd.com