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SkyHarbour Resources Ltd.

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Summary

Project:

Moore Lake

Deposit:Maverick, Goose
Location:Canada
Commodities:Uranium
Date:5/23/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:23-5-2017: SkyHarbour Resources Ltd. announces an Exploration/Drilling Update report for its Maverick, Goose deposit at the Moore Lake project. Drilling results incl. 11.5m @ 1.79% U3O8 from 266m. Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OT
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 first phase, winter 2017 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. Multiple drill holes intersected high grade uranium mineralization at the 4 kilometre long Maverick structural corridor. High grade results include 9.12% U3O8 over 1.4 metres within an interval returning 4.17% U3O8 over 4.5 metres in hole ML-202; 5.29% U3O8 over 2.5 metres within an interval returning 2.99% U3O8 over 5.0 metres in hole ML-200; 2.25% U3O8 over 3.0 metres in hole ML-208, and previously reported 20.8% U3O8 over 1.5 metres within an interval returning 6.0% U3O8 over 5.9 metres in hole ML- 199. This high grade mineralization within the Maverick corridor is relatively shallow ranging from 250 metres to 275 metres vertical depth. Also of note is that hole ML-202 represents the discovery of a new high grade mineralized lens on the corridor. Jordan Trimble, President and CEO of Skyharbour Resources, states: “The first phase of drilling at Moore has far exceeded our expectations and we will be commencing a summer drill program in the coming months to follow up on these results”

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