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SkyHarbour Resources Ltd.
Summary
| Project: | Moore Lake | |
|---|---|---|
| Deposit: | Maverick | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 6/20/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-6-2019: SkyHarbour Resources Ltd. announces an Exploration/Drilling Update report for its Maverick deposit at the Moore Lake project. Drilling results incl. 12.0m @ 0.62% U3O8 from 273.0m. Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Richard Kusmirski (Internal) | |
| ABSTRACT: | Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the results from its 2019 winter/spring diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure like Cameco’s Key Lake/McArthur River operations in the Athabasca Basin, Saskatchewan. Moore Uranium Project Claims Map: http://skyharbourltd.com/_resources/maps/MooreLakeRegionalTenure.jpg Drillhole ML19-06 intersected a broad zone of uranium mineralization from 273.0 metres to 285.0 metres downhole within the growing Maverick East Zone which Skyharbour discovered in 2017. The interval returned 0.62% U3O8 over 12.0 metres with a basal high grade basement-hosted intercept returning 2.5 metres of 2.31% U3O8. This represents one of the broadest zones of uranium mineralization intersected on the property to date and includes a significant basement component illustrating the strong discovery potential below the unconformity. Furthermore, strong potential for high grade uranium mineralization was identified at a newly discovered regional target called the Otter Zone which is 7 kilometres to the northeast of the Maverick Zone. Exploratory drill hole ML19-04 returned 0.15% U3O8 over 0.5 metres in the basement rocks at this new target area. | |
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