Tuesday, 02 January 2024 12:17 GMT

Skyharbour Resources Ltd.


(MENAFN- Baystreet) 09:45 AM EST - Skyharbour Resources Ltd. : Announced the remaining assay results from its late 2024 diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, which totaled 2,759 metres in nine holes. The project is located approximately 15 kilometres east of Denison Mine's Wheeler River project and proximal to regional infrastructure for Cameco's Key Lake and McArthur River operations in the Athabasca Basin, Saskatchewan. A highlight from this program was from hole ML24-15, which intersected 6.4 metres of 1.50% U 3 O 8 from a relatively shallow downhole depth of 275.0 metres to 281.4 metres, including 4.74% U 3 O 8 over 1.5 metres. Hole ML24-15 was drilled well outside the known footprint of the high-grade Maverick East Zone, extending its high-grade core approximately 42 metres to the northeast representing one of the most consequential expansion drill holes at the Project. Skyharbour plans to continue advancing Moore through additional drilling this summer, alongside the fully-funded multi-phased drill programs at the Company's adjacent Russell Lake Uranium Project. Skyharbour Resources Ltd. shares V are trading up 2 cents at $0.35.

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