Skyharbour Resources (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce the Company’s option partner AREVA Resources Canada Inc. (“AREVA Resources”) has announced details for an upcoming exploration program at the Preston Lake Uranium Project located in the western Athabasca Basin near NexGen Energy Ltd.’s high-grade Arrow deposit hosted on its Rook-1 property and Fission Uranium’s Triple R deposit located within their PLS Project area.
Skyharbour’s President and CEO, Jordan Trimble commented:
“We are excited for the upcoming commencement of exploration and drilling programs by AREVA Resources at the Preston Lake Project. With a proposed CDN $2,000,000 budget over the next year we are looking forward to the findings this significant amount of exploration could yield as we work with our strategic partner to further advance the project.
AREVA Resources has a very knowledgeable geological team with a long history in the Athabasca Basin which will help to unlock value at this strategic, district-scale property offering robust exploration upside potential. Skyharbour continues to execute on its key objectives by adding value to its project base in the Basin through ongoing mineral exploration at its flagship, high-grade Moore Uranium Project while utilizing the prospect generator model to advance its other projects with strategic partners.”