Skyharbour Announces Plans for Summer Drill Programme

- August 22nd, 2018

Canadian focused Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada’s Athabasca Basin. 

Skyharbour Resources (TSXV:SYH,OTCQB:YHBF,FWB:SC1P) has announced its plans  its upcoming summer/fall 2018 diamond drill program to commence shortly. The company also reports that it has now completed the 100 percent earn-in of its flagship, high grade Moore uranium project well ahead of schedule.

Canadian focused Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada’s Athabasca Basin.

As quoted from the press release:

“We will be commencing our planned summer drill program very shortly to test more extensively new targets in the underlying basement rock at the Maverick corridor on the company’s flagship, high grade Moore Uranium Project. The known high grade, unconformity-hosted uranium mineralization at the Maverick corridor was deposited there through feeder zones in the basement rock, the discovery of which will be a top priority in this upcoming program given other recent basement-hosted discoveries including NexGen’s Arrow Deposit, Fission’s Triple R deposit and Denison’s Gryphon deposit. Furthermore, warrants that were set to expire have been exercised bringing in additional funds which have been used to complete the 100 percent earn-in of the company’s Moore project well ahead of schedule,” said Jordan Trimble, President and CEO of Skyharbour Resources.

Upcoming Summer/Fall 2018 Drill Program:

Skyharbour has received all of the required permits for its upcoming summer/fall diamond drilling program. This program is scheduled to commence shortly and will consist of a minimum of 3,000 metres of drilling in 8 to 10 holes. The bulk of this drilling will test the basement rocks within the high grade Maverick corridor well below the unconformity. Skyharbour’s technical team has recently reinterpreted historical drill results and has identified high-priority drill targets within the basement rocks of the Maverick corridor below the drill-defined, high grade, unconformity-style uranium mineralization at the Main Maverick Zone.

Click here to read the full announcement 

Looking for Uranium Stocks?


Find a list in our new uranium outlook report!


Leave a Reply

Your email address will not be published. Required fields are marked *