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Skyharbour's JV Partner Orano Commences 6-7,000m Summer Drilling Program at the Preston Uranium Project

Vancouver, BC, June 26, 2025 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V: SY...

articleSkyharbour Resources Ltd.June 26, 20253/company/skyharbour-resources-ltd/news/skyharbours-jv-partner-orano-commences-6-7000m-summer-drilling-program-at-the-preston-uranium-project
Skyharbour's JV Partner Orano Commences 6-7,000m Summer Drilling Program at the Preston Uranium Project

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[{"type":"text","content":"Skyharbour’s JV Partner Orano Commences 6-7,000m Summer Drilling Program at the Preston Uranium Project\n\n\n\n Vancouver, BC, June 26, 2025 (GLOBE NEWSWIRE) --\n \n Skyharbour Resources Ltd.\n \n\n (TSX-V:\n \n\n\n SYH\n \n\n\n ) (OTCQX:\n \n\n\n SYHBF\n \n\n\n )\n \n\n (Frankfurt:\n \n\n\n SC1P\n \n\n\n )\n \n (“Skyharbour” or the “Company”), is pleased to announce that its joint-venture partner, Orano Canada Inc. (“Orano”), recently commenced a large-scale diamond drilling program at the 49,635-hectare Preston Uranium Project (“Preston” or the “Property”) located in the western Athabasca Basin, Saskatchewan, Canada. The drilling program will consist of approximately 6,000 to 7,000 metres of drilling during the summer of 2025. Orano is the majority owner and operator at the project with Skyharbour owning a minority interest of approximately 25.6%.\n \n\n\n Location Map of Preston Project:\n \n\n\n\n https://www.skyharbourltd.com/_resources/images/Sky_Preston.jpg\n \n\n\n\n\n 2025 Exploration Program at Preston:\n \n\n\n The program for the Preston Project will consist of a helicopter-supported diamond drilling campaign, totaling 6,000 to 7,000 metres, with up to 28 holes designed to test high-priority targets across the property at depths ranging from 200 to 350 metres. Primary drill target areas (outlined in Figure 2) include the previously untested Johnson Lake, the Canoe Lake and FSAN target. Target areas are spread throughout the project to ensure assessment credits are met across all claims, while testing perspective trends.\n \n\n\n Figure 2: Target Area Overview – Preston Lake Project:\n \n\n\n\n https://www.skyharbourltd.com/_resources/news/Figure_2_Target_Area_Overview.jpg\n \n\n\n\n Drilling in the Johnson Lake area (Zone 1; Figure 2) will target a broad structural corridor initially identified in an airborne VTEM survey and subsequently refined by a ground-based ML-TEM survey in 2018 and a DC resistivity survey in 2020. Multiple parallel conductors exhibiting moderate to strong responses have been delineated across the grid. A total of 4 to 5 drill holes are planned with an average depth of 350 metres for a total of approximately 1,750 metres, contingent on results. The primary objective is to test ground conductors at structurally c...

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