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Ellis Martin Report: Project Generator Skyharbour Resources (SYHBF) Signs Option Agreement with Medaro Mining to Option the Yurchison Uranium Project
Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Jordan T...
About this update from Skyharbour Resources Ltd.
[{"type":"text","content":"Ellis Martin Report: Project Generator Skyharbour Resources (SYHBF) Signs Option Agreement with Medaro Mining to Option the Yurchison Uranium Project\n \n Malibu, CA, United States (ABN Newswire) - Join Ellis Martin for a conversation with Jordan Trimble, the President and Chief Executive Officer of Skyharbour Resources (CVE:SYH) (OTCMKTS:SYHBF) a preeminent uranium and thorium exploration Company with projects located in the prolific Athabasca Basin of Saskatchewan, Canada.\n \n \n In this segment Mr. Trimble discusses this week's announcement of a signed option agreement with Medaro Mining Corp to acquire an initial 70% interest and up to a 100% interest in the Yurchison Uranium Property located in the Wollaston Domain of Northern Saskatchewan, Canada. The property contains twelve (12) mineral claims, comprising approximately 55,934 hectares.\n \n \n To view the video, please visit:\n \n https://www.abnnewswire.net/press/en/107862/syh\n \n \n \n \n \n About Skyharbour Resources Ltd.:\n \n \n \n Skyharbour Resources (CVE:SYH) (OTCMKTS:SYHBF) holds an extensive portfolio of uranium and thorium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects. In July 2016, Skyharbour acquired an option from Denison Mines, a large strategic shareholder of the Company, to acquire 100% of the Moore Uranium Project which is located approximately 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration project with high grade uranium mineralization at the Maverick Zone. Drill results have returned up to 6.0% U3O8 over 5.9 metres, including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. Skyharbour has signed option agreements with Orano Canada Inc. and Azincourt Energy whereby Orano and Azincourt can earn in up to 70% of specific segments of the Preston Project through a combined $9,800,000 in total exploration expenditures, as well as $1,700,000 in total cash payments and Azincourt shares. Preston is a large, geologically prospective property proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit. The Company also owns a 100% interest in the Falcon Point Uranium Project which hosts a high-gr...