Skyharbour Provides Update on Summer Drill Programs; Receives Regulatory Relief on All Projects

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TSXV:SYH

Skyharbour Resources Ltd. (TSXV:SYH) provided an update on its fully funded summer exploration programs. The company also announced that the government of Saskatchewan has granted regulatory relief to the company with respect to its four drill-ready uranium projects in northern Saskatchewan.

Skyharbour Resources Ltd. (TSXV:SYH) provided an update on its fully funded summer exploration programs. The company also announced that the government of Saskatchewan has granted regulatory relief to the company with respect to its four drill-ready uranium projects in northern Saskatchewan.
As quoted in the press release:

At the Preston Uranium Project, strategically located proximal to Fission Uranium Corp.’s shallow, high-grade Triple R deposit as well as NexGen Energy Ltd.’s Arrow discovery, Skyharbour and the Western Athabasca Syndicate are planning a summer exploration and diamond drill program to commence in August. The results from the most recently-completed geophysical surveys, combined with exploration results from previous field work, are being used to prioritize and refine targets for a planned drill program at Preston. Details of this summer exploration and drill program are forthcoming with Skyharbour as the operator of the project.
Skyharbour has also commenced a follow-up field program at its 100% owned, 79,003 hectare Falcon Point Uranium and Thorium Property located 55 kilometres east of the Key Lake Mill. This program will consist of detailed prospecting and vegetation/soil sampling at the Hook Lake target area where historical exploration returned high grade uranium grab samples with up to 48% U3O8 from a massive pitchblende vein exposed at surface. Previous operators have been unable to definitively explain and locate the source of the high grade uranium and thorium mineralization at the Hook Lake target. News will be forthcoming on this program as it is completed over the next few weeks.
The government of Saskatchewan has granted regulatory relief to Skyharbour with respect to all four of its drill-ready uranium projects in Northern Saskatchewan. The regulatory decisions follow government reviews and legal submissions made by Skyharbour with respect to the forest fire situation in Saskatchewan.
As a result of the regulatory decision, the Company advises that work requirements for the current assessment period at the properties have been satisfied by way of regulatory relief. The relief has been granted to the Company’s Falcon Point, Preston, Mann Lake and Yurchison Lake Projects in the Athabasca Basin which cover a combined total of 222,631 hectares. This equates to $3,470,605 in assessment work credits that Skyharbour has been granted to apply towards the mineral claims it has an ownership stake in.

Click here to read the full Skyharbour Resources Ltd. (TSXV:SYH) press release.

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