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Skyharbour Resources outlines strategy and future in uranium exploration - PDAC 2024

March 18, 2024 at 13:48 PM EDT

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

Skyharbour Resources Ltd (TSX-V:SYH, OTCQB:SYHBF) investor relations manager Nick Coltura outlines the company's journey in uranium exploration and development in an interview with Proactive's Angela Harmantas at PDAC 2024.

As a Vancouver-based entity, Skyharbour stands out with its comprehensive portfolio, including the high-grade uranium exploration and early-stage development projects Russell and Moore Lake, among its 29 projects over 1.45 million acres in the Athabasca Basin. This positions Skyharbour as the third-largest landholder in this key area.

The company's unique model involves drilling out core assets while optioning secondary projects to partners, minimizing dilution and maximizing exploration.

Currently, Skyharbour is engaged in a significant drilling program, with plans for a 15,000 to 20,000-meter drill campaign across its core projects, and an NI 43-101 mineral resource estimate anticipated for Moore Lake in Q2 2024.