Business

Skyharbour Announces Commencement of Drilling at the RL Uranium Project, Saskatchewan

Vancouver, BC, May 20, 2026 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd.  (TSX-V: SYH...

articleSkyharbour Resources Ltd.May 20, 20264/company/skyharbour-resources-ltd/news/skyharbour-announces-commencement-of-drilling-at-the-rl-uranium-project-saskatchewan
Skyharbour Announces Commencement of Drilling at the RL Uranium Project, Saskatchewan

About this update from Skyharbour Resources Ltd.

[{"type":"text","content":"Skyharbour Announces Commencement of Drilling at the RL Uranium Project, Saskatchewan\nVancouver, BC, May 20, 2026 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH)  (OTCQX: SYHBF) (Frankfurt: SC1P) (“Skyharbour”, “SYH” or the “Company”) is pleased to announce the commencement of drilling at the RL project (the \"RL Project\" or the \"Project\"), located in the eastern Athabasca Basin of northern Saskatchewan. The 53,192-hectare RL Project, comprising 16 claims, is a part of the broader Russell Lake Joint Ventures and is situated adjacent to the Company's 100%-owned Moore Lake Project. The Russell Lake Joint Ventures are strategically located in the central portion of the eastern Athabasca Basin of northern Saskatchewan, to the east of Denison’s flagship Wheeler River project, and with access to significant regional infrastructure, including an exploration camp, provincial highways, and the provincial power grid. Russell Lake Joint Ventures Map:https://www.skyharbourltd.com/_resources/images/Russell-Map-New.jpg The Skyharbour-operated program includes a large-scale ground electromagnetic (\"EM\") survey followed by 4,000 to 5,000 metres this year of diamond drilling in 10 to 14 holes across several high-priority target areas. Skyharbour holds an 80% interest in the Project and acts as operator, with joint venture partner Denison Mines Corp. (\"Denison\") holding the remaining 20% and committed to funding its pro-rata share of the next CAD $10 million in exploration expenditures on the Property. Russell Lake Project Area Location Map:https://www.skyharbourltd.com/_resources/maps/SKY_RussellLakeUpdated-2026.jpg The RL property hosts numerous prospective target areas, including Christie Lake, Blue Steel, Taylor Bay, Maverick Extension, South Russell, and Kowalchuk Lake. Ground EM surveys have recently been completed and others are underway to further refine and prioritize targets along prospective structural corridors and underexplored conductors. This work will be followed by targeted diamond drilling designed to test high-priority targets generated through the integration of historical datasets, recent drilling results, and new geophysical interpretations. Jordan Trimble, President and CEO of Skyharbour, stated: “We are excited to commence drilli...

More updates from Skyharbour Resources Ltd.