Skyharbour Resources Grants 25 Percent Option to Lucky Strike Resources for Saskatchewan Properties

Skyharbour Resources Ltd. (TSXV:SYH) announced that they have entered into an agreement in which they will grant Lucky Strike Resources Ltd. (TSXV:LKY) an option to acquire a 25 percent  interest in a total of seven prospective uranium properties.

As quoted in the press release:

Six of the properties consisting of approximately 388,000 acres of prospective ground are strategically located to the north, south, east and west of the Alpha Minerals (TSX.V: AMW) and Fission Uranium’s (TSX.V: FCU) Patterson Lake South uranium discovery on the western flank of the Athabasca Basin. The properties were acquired by Skyharbour for their proximity to the PLS discovery and interpreted favourable geology for the occurrence of PLS style uranium mineralization. Skyharbour’s land position is one of the largest in the Patterson Lake area.

Skyharbour’s Director, Jim Petit, said:

This agreement between Skyharbour and Lucky Strike is a significant development as we prepare for the upcoming summer exploration program at our Patterson Lake properties. In bringing on Lucky Strike as a partner, we have teamed up with a talented management and technical team to create value-add synergies and de-risk the project as we collectively explore and advance our prospective land package.

To view the whole press release, click here.