Western Athabasca Syndicate Finds Eight Possible Exploration Corridors at Preston Lake

Resource Investing News

Skyharbour Resources Ltd. (TSXV:SYH) announced that the 2013 summer field exploration program at the Preston Lake property has been completed, commenting that at least eight prospective exploration corridors have been delineated.

Skyharbour Resources Ltd. (TSXV:SYH) announced that the 2013 summer field exploration program at the Preston Lake property has been completed, commenting that at least eight prospective exploration corridors have been delineated.

Preston Lake is held by the Western Athabasca Syndicate, which is made up of Athabasca Nuclear Corp. (TSXV:ASC), Noka Resources Inc. (TSXV:NX), Lucky Strike Resources Ltd. (TSXV:LKY) and Skyharbour.

Highlights include:

  • Fifteen drill target areas associated with eight highly prospective exploration corridors have been successfully delineated through extensive summer airborne geophysics and ground evaluation.
  • Drill target areas to be refined with ground gravity, electromagnetic (EM), and radon surveys in Q4-2013 and Q1-2014.
  • Permitting is underway with winter drilling anticipated to commence in March 2014.
  • Final results from the recently completed Phase 3 of the summer program are still pending and will be reported when received.
  • Given the size of the property, exploration to date has only focused on approximately half of the land package leaving significant exploration upside potential in untested areas.

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

The Conversation (0)
×