• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Company Market
    Company News
    Company Stocks
    • Company Market
    • Company News
    • Company Stocks

    Western Athabasca Syndicate: Strength in Hectares

    Vivien Diniz
    Oct. 16, 2013 09:53AM PST
    Company News

    BayStreet.ca reported that when it comes to uranium exploration in the Athabasca Basin, the Western Athabasca Syndicate, holds the largest land package in the much coveted Patterson Lake area. Prior to the creation of the syndicate, Skyharbour Resources (TSXV:SYH) scooped up a 160,000 hectares of land surrounding the Patterson Lake South district.

    BayStreet.ca reported that when it comes to uranium exploration in the Athabasca Basin, the Western Athabasca Syndicate, holds the largest land package in the much coveted Patterson Lake area. Prior to the creation of the syndicate, Skyharbour Resources (TSXV:SYH) scooped up a 160,000 hectares of land surrounding the Patterson Lake South district.

    According to the report:

    Spanning from May to July, the company announced a series of strategic partnerships to help handle the workload. The result was the creation of what’s known now as the Western Athabasca Syndicate. Four junior companies, each with their own areas of expertise, geological teams, and rolodexes of potential investors to call when it’s time to finance.

    The four-company group consists of Skyharbour and its new partners Lucky Strike Resources [TSX.V: LKY], Athabasca Nuclear [TSX.V: ASC], and Noka Resources [TSX.V: NX], each earning in 25% interests in an expanded property package totaling over 285,000 hectares (roughly 710,000 acres).

    For its efforts of bringing the deal together, Skyharbour is only on the hook for 1/6th of the costs going forward. When looking at the next two years, the agreement requires the syndicate to spend $6,000,000 on exploration, however Skyharbour’s share is only $1,000,000.

    Click here to view the full report. 

    athabasca basinwestern athabasca syndicatetsxv:syhpatterson lake southlucky strike resources
    The Conversation (0)
    Go Deeper
    AI Powered
    Skyharbour Partner Company Terra Clean Energy Announces Immediate Follow-Up Summer Drill Program on the Back of Drill Results from Winter Program at South Falcon East Uranium Project

    Skyharbour Partner Company Terra Clean Energy Announces Immediate Follow-Up Summer Drill Program on the Back of Drill Results from Winter Program at South Falcon East Uranium Project

    Canadian and Saskatchewan flags waving under a clear blue sky.

    15 Uranium Companies Exploring Canada's Athabasca Basin

    Latest News

    Skyharbour Resources
    Sign up to get your FREE

    Skyharbour Resources Investor Kit

    and hear about exciting investment opportunities.
    • Corporate info
    • Insights
    • Growth strategies
    • Upcoming projects

    GET YOUR FREE INVESTOR KIT

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×