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SkyHarbour Resources Ltd.
Summary
| Project: | Moore Lake | |
|---|---|---|
| Deposit: | Maverick | |
| Location: | Canada | |
| Commodities: | Uranium | |
| Date: | 12/6/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 6-12-2017: SkyHarbour Resources Ltd. announces an Exploration/Drilling Update report for its Maverick deposit at the Moore Lake project. Drilling results incl. 9.3m @ 2.23% U3O8 from 265.7m. Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: S | |
| 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 2017 summer/fall diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approx. 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. Drill hole ML17-10 intersected high grade uranium mineralization on the eastern edge of the Main Maverick Zone consisting of 7.4% U3O8 over 1.8 metres within 2.23% U3O8 over 9.3 metres. This mineralization occurs in the sandstone from 265.7 to 275.0 metres with the unconformity depth at 273.9 metres. Also of note is hole ML17-09 which intersected uranium mineralization in the basement rock of the Main Maverick Zone as well as exploratory drill hole ML17-04 which discovered uranium mineralization in narrow shears at the Venice target, a regional target 9 km northeast of the known high grade zones at Maverick. Jordan Trimble, President and CEO of Skyharbour Resources, states: "The recently completed summer/fall drill program at the Moore Project has returned additional high grade, shallow uranium drill results both above and below the unconformity at the Maverick corridor, as well as yielding a new regional discovery. We will be commencing a winter drill program soon to follow up on these results as we continue to value-add the project using a systematic and proven exploration methodology | |
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