Skyharbour Reports Assay Results from Winter/Summer Drill Program at Falcon Point

- July 21st, 2015

Skyharbour Resources (TSXV:SYH) announced the assay results from the winter/summer drill program at its Falcon Point uranium and thorium project, which intersected 0.172 percent U3O8 and 0.112 percent ThO2 over 2.5 meters.

Skyharbour Resources (TSXV:SYH) announced the assay results from the winter/summer drill program at its Falcon Point uranium and thorium project, which intersected 0.172 percent U3O8 and 0.112 percent ThO2 over 2.5 meters.
As quoted in the press release:

The drill program consisted of five diamond drill holes totaling 1,278 metres with four of the five holes intersecting uranium and thorium mineralization. Drill hole FP-15-05 intersected a 14.0 metre wide mineralized zone starting at 134.5 metres down-hole depth consisting of the highest grade mineralization found to date in the deposit area. These intersections include 0.172% U3O8 and 0.112% ThO2 over 2.5 metres as well as 0.165% U3O8 and 0.112% ThO2 over 2.0 metres within a broader interval containing 0.103% U308 and 0.062% ThO2 over 6.0 metres. This fifth and last hole of the program was lost in the mineralized horizon due to technical issues with the drill rig.

Jordan Trimble, president and CEO of Skyharbour Resources, commented:

We are excited to have intersected the highest grade uranium mineralization found to date in the deposit area on the Falcon Point Project. Similar to other notable high grade Athabasca Basin deposits, we are seeing the character of the uranium mineralization changing at depth as the grade is increasing which illustrates the strong discovery potential going forward at the project. Furthermore, we will be commencing a summer field program shortly consisting of prospecting and vegetation/soil sampling in and around a high grade 48% U3O8 surface showing on the Hook Lake target near the northern end of the property.

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

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