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Skyharbour Resources Intersects Additional High Grade Uranium Mineralization Including 2.07% U3O8 over 4.0m within 19.5m of 0.54% U3O8 at the Moore Uranium Project, Saskatchewan
Vancouver, BC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce
About this update from Skyharbour Resources Ltd.
[{"type":"text","content":" Vancouver, BC, Feb. 03, 2022 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the results of the final six holes from its 2021 summer/fall diamond drilling program at its 100% owned Moore Uranium Project. The project comprises 35,705 hectares approximately 15 kilometres east of Denison Mine’s Wheeler River Project, and is proximal to regional infrastructure for Cameco’s Key Lake and McArthur River operations in the Athabasca Basin, Saskatchewan. Drill hole ML21-19 extended the northern extent of the high grade uranium mineralization at the Maverick East Zone and intersected a broad zone of uranium mineralization consisting of 0.54% U3O8 over 19.5 metres including 4.0 metres of 2.07% U3O8. Furthermore, plans for an upcoming, fully-funded, minimum 2,500 metre winter drilling program are nearing completion with the program expected to commence shortly. Moore Uranium Project Claims Map: Highlights: Maverick East Zone hole ML21-19 successfully intersected a wide interval of 19.5 metres of 0.54% U3O8 from 269.5 metres to 289.0 metres down-hole including 4.0 metres of 2.07% U3O8 from 276.0 metres to 280.0 metres. This broad zone of uranium mineralization is hosted by clay altered sandstone and graphitic pelitic gneiss straddling the unconformity. The hole was designed to test the up-dip edge of the Maverick East Zone northeast of previously reported hole ML20-05 which returned 9.5 metres of 0.23% U3O8. Hole ML21-18 was drilled down-dip of previously reported hole ML-47 which intersected 9.0 metres grading 0.30% U3O8. This hole intersected two zones of mineralization consisting of 0.11% U3O8 over a 4.5 metre interval in graphitic pelitic basement rocks immediately below the unconformity at 277.4 metres and a second similar zone of mineralization grading 0.15% U3O8 from 288.4 metres to 289.9 metres downhole in the basement rocks. Other highlight drill results from the program include previously reported hole ML21-03 which returned 2.54% U3O8 over 6.0 metres from 276.0 metres to 282.0 metres including 6.80% U3O8 over 2.0 metres, as well as hole ML21-13 which returned 0.99% U3O8 over 5.7 metres from 270 metres to 275.7 metres including an interval of 1.51% U3O8 over 2.5 metres. Plans for an upcoming, minimum, 2,500 metre winter drilling p...