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Drilling Starts on Step-Out Hole at South Bay Project, Red Lake, NW Ontario
Drilling Identifies Additional Massive Sulphides in Discovery Hole TSX-V Trading Symbol: SYH ...
About this update from Skyharbour Resources Ltd.
[{"type":"text","content":"\n\n\n\nDrilling Identifies Additional Massive Sulphides in Discovery Hole\n\n\nTSX-V Trading Symbol: SYH Telephone: (604) 687-3376\nEmail: [email protected] Facsimile: (604) 687-3119\n\n\nVANCOUVER, April 8 /CNW/ - Skyharbour Resources Ltd. (TSX-V: SYH) (the\n"Company") announces that further volcanogenic massive sulphide (VMS)\nmineralization has been identified in its previously announced SB08-4\ndiscovery hole located approximately 500 metres to the southwest of the former\nSouth Bay Mine, 80 km east-northeast of Red Lake, Northwestern Ontario.\n\n\nIn addition to the previously reported copper-zinc intercept in hole\nSB08-4 by News Release April 3, 2008, a second smaller zone of zinc rich\nexhalite was encountered 30 metres deeper in the hole at approx. 400 metres.\nThe second zone was intersected over a core length of 2 metres. This may\nsuggest multiple or stacked mineralized horizons, a common feature of VMS\ndeposits.\n\n\nA second hole (SB08-5) on this same Titan 24 target has now started. The\nsecond hole is collared 100 metres north of discovery hole SB08-4 towards the\nformer South Bay Mine shaft and is being drilled in the same direction and\nwith the same dip as hole SB08-4. The step out of 100 metres is deemed\nreasonable given the continuity of the geology and Titan 24 geophysical\nresponse.\n\n\nSouth Bay Claims Map, NW Ontario:\n\n\nhttp://www.skyharbourltd.com/s/Image.asp?i(equal sign)maps/SYH_South_Bay_Map_new.jpg\n\n\nSkyharbour Resources holds a 100% interest in the South Bay\ncopper-zinc-silver project, located in Dent and Mitchell Townships about 80 km\neast-northeast of Red Lake, Northwestern Ontario. The 3,200 acres property\ncovers the former South Bay copper-zinc-silver mine which produced 1.6 million\ntons of ore grading 2.3% Cu, 14.5% Zn, and 3.5 oz/t Ag (Selco 1978).\n\n\nDavid J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is\nthe qualified person under the meaning of National Instrument 43-101 and has\nreviewed the data in this News Release.\n\n\nAbout Skyharbour Resources Ltd.:\n\n\nSkyharbour Resources Ltd. is a gold and base metal exploration company\ndeveloping projects in the RED LAKE and RAINY RIVER districts of northwestern\nOntario, Canada.\n\n\nTo find out more about Skyharbour Resources Ltd. (TSX-V: SYH), visit the\nCompany's website at www.skyharbourltd.c...