SYH:CC - Shares Up on Two New Prospective Uranium Claims

2023-12-21 12:05:28 ET

With an extensive portfolio of %Uranium exploration projects in Canada's Athabasca Basin, it is well positioned to benefit from improving uranium market fundamentals with 25 projects, ten of which are drill-ready, covering over 520,000 hectares (over 1.2 million acres) of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder.

%SkyharbourResources (TSX-V: SYH) (OTC: SYHBF) announced the acquisition by staking two new prospective uranium exploration claims in northern Saskatchewan. This increases Skyharbour’s total land package, and it has an ownership interest of 523,097 ha (1,292,600 acres) across 25 projects.

These 100% owned claims add an additional 4,726 ha to Skyharbour’s existing holdings in and around the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. Skyharbour remains focused on its co-flagship Russell Lake and Moore uranium projects. This new property will become a part of Skyharbour’s prospect generator business as they seek strategic partners to advance this asset.