Massive Demand for Uranium Creates Strong Momentum for Skyharbour Resources

February 5, 2024 | 
Growth Companies

TSX-V: SYH  |  OTCQX: SYHBF  |  Frankfurt: SC1P  |  Skyharbour Resources Website

As demand for uranium skyrockets, Skyharbour Resources is gearing up for their biggest and most transformational year yet.

Boasting 1.2 million acres with 25 uranium projects in various exploration stages, Skyharbour is the third-largest mineral tenure holder in northern Saskatchewan’s Athabasca Basin, known for being the highest-grade depository of uranium globally. In addition to uranium exploration and early-stage project development, Skyharbour also utilizes a prospect generator strategy by seeking partner companies to advance secondary projects, effectively acting as a uranium project incubator.

Hear the latest update on Skyharbour Resources from President & CEO, Jordan Trimble.

 

 

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 twenty-five projects, ten of which are drill-ready, covering over 523,000 hectares of mineral claims. Skyharbour 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 including highlight drill results of 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres.

 


 

Skyharbour Resources is a Corporate Marketing Partner of IDG. IDG’s Corporate Marketing Programs are for world-class growth companies interested in driving awareness within high value alternative capital channels including family offices. Throughout the year-long program, IDG sets the stage for you to share your story with in-person presentations, video interviews, virtual events, and a comprehensive marketing program.

To learn more about IDG’s Corporate Marketing Program, please reach out.

 

 


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Forward-looking statements
Certain statements in this press release constitute “forward looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of Skyharbour, or industry results, to be materially different from any future results, performance, objectives, or achievements expressed or implied by such forward looking statements. When used in this press release, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, and other similar expressions are intended to identify forward-looking statements. These statements reflect Skyharbour’s current views regarding future events and operating performance, are based on information currently available to Skyharbour, and speak only as of the date of this press release.
These forward-looking statements involve a number of risks, uncertainties and assumptions and should not be read as guarantees that future performance or results will be achieved. Many factors could cause the actual results, performance, objectives, or achievements of Skyharbour to be materially different from any future results, performance, objectives, or achievements that may be expressed or implied by such forward looking statements.  Additional factors are discussed under the headings “Liquidity and capital resources” and “Risks and Uncertainties” in Skyharbour management’s discussion and analysis, annual information form, and other publicly available disclosure documents, as filed by Skyharbour on SEDAR (www.sedar.com).
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this presentation as intended, planned, anticipated, believed, estimated, or expected. Unless required by applicable securities law, Skyharbour does not intend and does not assume any obligation to update these forward-looking statements.