Mining
Friday, January 19th, 2024 4:51 pm EDT
Key Points
- Participation in Vancouver Resource Investment Conference: Skyharbour Resources Ltd. is extending an invitation to shareholders and the investment community to attend the Vancouver Resource Investment Conference, organized by Cambridge House International on January 21st and 22nd at the Vancouver Convention Centre West. The management of Skyharbour will be present at Booth #604 throughout the conference, welcoming investors and attendees. The conference, known for being a hub of junior mining investment in Canada for 25 years, typically attracts over 5000 mining investors annually. Skyharbour’s President and CEO, Jordan Trimble, is scheduled to deliver a corporate presentation on Sunday, January 21st, at 2:40 PM in Workshop 1.
- Overview of Skyharbour Resources Ltd.: Skyharbour holds a substantial portfolio of uranium exploration projects in Canada’s Athabasca Basin, strategically positioned to benefit from improving uranium market conditions. The company boasts one of the largest mineral tenure holdings in the region. Skyharbour acquired a 100% interest in the Moore Uranium Project from Denison Mines, a strategic shareholder, located near Denison’s Wheeler River project and Cameco’s McArthur River uranium mine. Moore is an advanced-stage uranium exploration property with high-grade uranium mineralization, particularly at the Maverick Zone. The company is actively advancing its projects through exploration and drill programs.
- Strategic Partnerships and Earn-In Option Agreements: Skyharbour has formed joint ventures with industry leaders Orano Canada Inc. and Azincourt Energy at the Preston and East Preston Projects, respectively. The company has also established earn-in option agreements with various partners, including ASX-listed Valor Resources, CSE-listed Basin Uranium Corp., CSE-listed Medaro Mining Corp., Yellow Rocks Energy, North Shore Energy Metals, and TSX-V listed Tisdale Clean Energy. These agreements collectively represent substantial potential partner-funded exploration expenditures, share issuances, and cash payments to Skyharbour, aiming to maximize shareholder value through mineral discoveries and long-term partnerships in geopolitically favorable jurisdictions.
Skyharbour Resources Ltd.’s (TSXV: SYH) (OTCQX:SYHBF) (FSE: SC1P) (the “Company”) is pleased to invite shareholders and the investment community to come to the Vancouver Resource Investment Conference hosted by Cambridge House International on January 21st and 22nd at the Vancouver Convention Centre West. Skyharbour’s management will be at the Company’s booth #604 throughout the conference and we look forward to greeting investors and conference attendees. You can register for the conference at:
https://cambridgehouse.com/vancouver-resource-investment-conference
During the conference, Skyharbour’s President and CEO, Jordan Trimble, will be giving a Skyharbour corporate presentation Sunday, January 21st at 2:40 PM in Workshop 1.
The Vancouver Resource Investment Conference has been the epicentre of junior mining investment in Canada for 25 years and attracts over 5000 mining investors annually. Previous years have been attended by former Prime Minister Stephan Harper and former President of Mexico Felipe Calderon.
The VRIC will include a marketplace of over 300 investment opportunities in the mining industry, spanning early-stage exploration to advanced producing mines. For more information and/or to register for the conference please visit:
https://cambridgehouse.com/vancouver-resource-investment-conference
About Skyharbour Resources Ltd.:
Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with one of the largest mineral tenure holdings in the region. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 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 that returned drill results of up to 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. Adjacent to the Moore Uranium Project is Skyharbour’s recently optioned Russell Lake Uranium Project from Rio Tinto, which hosts historical high-grade uranium drill intercepts over a large property area with robust exploration upside potential. The Company is actively advancing these projects through exploration and drill programs.
Skyharbour has joint-ventures with industry-leader Orano Canada Inc. and Azincourt Energy at the Preston and East Preston Projects, respectively, whereby Orano and Azincourt earned majority interests in the projects through exploration expenditures, cash payments and share issuances. Skyharbour also has several active earn-in option partners including: ASX-listed Valor Resources at the Hook Lake Uranium Project; CSE-listed Basin Uranium Corp. at the Mann Lake Uranium Project; CSE-listed Medaro Mining Corp. at the Yurchison Project; Yellow Rocks Energy, a private Australian entity, at the Wallee and Usam Island projects; North Shore Energy Metals at the South Falcon Project; and TSX-V listed Tisdale Clean Energy at the South Falcon East Project which is host to the Fraser Lakes Zone B Uranium and Thorium Deposit.
Collectively, Skyharbour has now signed earn-in option agreements with partners that total to potentially over $33 million in partner-funded exploration expenditures, over $26 million worth of shares being issued and over $19 million in cash payments coming into Skyharbour, assuming that these partner companies complete their entire earn-ins at the respective projects.
Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.
Skyharbour’s Uranium Project Map in the Athabasca Basin:
https://www.skyharbourltd.com/_resources/maps/SKY_SaskProject_Locator_20231219_V2.jpg
To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.
SKYHARBOUR RESOURCES LTD.
“Jordan Trimble”
Jordan Trimble
President and CEO
For further information contact myself or:
Nicholas Coltura
Investor Relations Manager
Skyharbour Resources Ltd.
Telephone: 604-558-5847
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com
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