Skyharbour Resources Ltd.

Skyharbour holds an extensive portfolio of uranium and thorium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with five drill-ready projects. In July 2016, Skyharbour acquired an option from Denison Mines, a large strategic shareholder of the Company, to acquire 100% of the Moore Uranium Project which is located approx. 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone with drill results returning 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. Skyharbour has signed option agreements with Orano Canada Inc. and Azincourt Energy whereby Orano and Azincourt can earn in up to 70% on the Preston Project through a combined $9,800,000 in total exploration expenditures, as well as $1,700,000 in total cash payments and Azincourt shares. Preston is a large, geologically prospective property proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit. The Company also owns a 100% interest in the Falcon Point Uranium Project on the eastern perimeter of the Basin which contains an NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. The project also hosts a high-grade surface showing with up to 68% U3O8 in grab samples from a massive pitchblende vein, the source of which has yet to be discovered. The Company's 100% owned Mann Lake Uranium project on the east side of the Basin is strategically located adjacent to the Mann Lake Joint Venture operated by Cameco, where high-grade uranium mineralization was recently discovered. Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favorable jurisdictions.

Expert Comments:

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

"The aerial survey over Skyharbour Resources Inc.'s Moore uranium project has identified several drill targets outside of the 2 km strike length that has already been drilled to date, and some of these new targets will be drilled in the upcoming winter drill program. The company is aiming to drill 2,500m to test the basement targets as well as the nonconformity targets at Moore, and it has provided an extensive explanation of the three targets it would like to drill: Maverick East, the Northeast extension of the Maverick structural corridor and the Otter target."

The Canadian company continues to unlock the discovery potential there.
read more >
Previous exploration work, including a phase one drill campaign earlier this year, confirmed the prospectivity there.
read more >

Gerardo Del Real, Junior Mining Monthly

"On July 8, 2019, Skyharbour Resources Ltd. announced the commencement of an unmanned aerial vehicle magnetometer (UAV-MAG) survey to be completed by Pioneer Aerial Surveys on the company's flagship 35,705-hectare Moore uranium project. . .this latest survey will consist of approximately 402 line km at 20m spacing. . .Skyharbour is a Buy at these levels."

Maurice Jackson
In this interview with Maurice Jackson of Proven and Probable, the head of this junior miner in the Athabasca Basin discusses recent developments in the uranium market and the projects his company is focused on the region.
read more >
The effort is being undertaken to further delineate discovery potential there.
read more >
Peter Epstein
Good drill results from the Maverick Zone, coupled with strengthening sentiment on uranium, bode well for this company, says Peter Epstein of Epstein Research.
read more >
The 4-kilometer-long corridor at the project remains open along strike and at depth.
read more >
headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

"Skyharbour Resources Ltd. has completed its spring drill program which consisted of 2,783m in seven drill holes. . .the headline result was encountered in the one hole (hole 19-06) that was drilled on the Maverick East zone, toward the most eastern point of the exploration target. The drill bit encountered 12m containing 0.62% U3O8, including a higher-grade zone of 2.31% U3O8 over a 2.5m interval."

The uranium market has been in a long dormant period, but one Canadian company has used the opportunity to pick up assets.
read more >

Thibaut Lepouttre, Caesars Report

"Skyharbour Resources Ltd. will be active on three fronts in the coming months. It will drill its own Moore uranium project where it has now earned a 100% ownership through an earn-in agreement with Denison Mines (a large strategic shareholder of Skyharbour), while joint venture partners Orano and Azincourt Energy have started their winter drill campaigns as well. . .the three separate exploration programs should result in a steady news flow in Q2/19."

Thibaut Lepouttre, Caesars Report

"Skyharbour Resources Ltd. has released the initial results from its fall 2018 drill program on its 100%-owned Moore uranium project. . .hole 14 encountered 3.11% uranium over 1.8m within a thicker but lower-grade interval of 15.2m at 0.56% U3O8, which is one of the thickest intercepts at Maverick to date. . .hole 15 was drilled at the western end of the Maverick zone and encountered 2.91% U3O8 over 1.5m within a thicker interval of 7.8m containing 1.33% U3O8."

headshot of Rick Mills

Rick Mills, Ahead of the Herd

"Skyharbour Resources Ltd. will take what it learned from its fall 2018 drill program into a new 3,000m program planned for early 2019. The focus will include more exploratory drilling into the basement rocks with the goal of adding high-grade uranium mineralization that can be plugged into a maiden resource expected to be published sometime next year."

More Expert Comments

Experts Following This Company

headshot of Gerardo Del Real
Gerardo Del Real – Outsider Club
headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Maurice Jackson
Maurice Jackson, Founder – Proven and Probable
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
headshot of Rick Mills
Rick Mills Ahead of the Herd

The information provided above is from analysts, newsletters, the company and other contributors.

Skyharbour Resources Ltd. is a sponsor of Streetwise Reports.The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
Strong management and technical team with track record of success
Timing and an impending turnaround in the uranium market
Top tier Athabasca Basin uranium and thorium project portfolio with robust discovery potential
catalyst Calendar
Pending drill program at Moore Lake
Partner Funded exploration at Preston
Resource Estimate on Moore Lake