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Skyharbour Resources Ltd (TSXV:SYH) announced that it has acquired significant U308 claims totaling 209,000 acres in the Athabasca Basin region, which is located in northern Saskatchewan.
Skyharbour Resources Ltd (TSXV:SYH) announced that it has acquired significant U308 claims totaling 209,000 acres in the Athabasca Basin region, which is located in northern Saskatchewan.
As quoted in the press release:
The Patterson Lake area has received escalating exploration attention and claim acquisition activity as a result of the new discovery made by of Alpha and Fission which included a drill interval that returned 2.49% U3O8 over 12.5 metres. This discovery demonstrates the potential for high-grade uranium mineralization on the margins of the western side of the Athabasca Basin where significantly less exploration has been carried out compared to the eastern side of the Athabasca Basin. Skyharbour has acquired its land package at acquisition cost in which roughly half of the land was staked directly by the Company and the other half was staked by an arms-length party and is subject to a 2% NSR.
Click here to read the full Skyharbour Resources Ltd (TSXV:SYH) press release.
SYH:CA
