SYH:TSX.V; SA:NYSE.MKT

Skyharbour Resources Ltd.

Skyharbour 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. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 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 property with high grade uranium mineralization at the Maverick Zone with drill results returning 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 option agreements with Orano Canada Inc. and Azincourt Energy whereby Orano and Azincourt can earn in up to 70% 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 owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. Recently, Skyharbour signed a Definitive Agreement with Australian company Pitchblende Energy, which is being acquired by ASX-listed Valor Resources, on the North Falcon Uranium Project whereby Pitchblende can earn-in 80% of the project through $3,500,000 in total exploration expenditures and $475,000 in total cash payments over three years as well as shares in the company.
Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions



SYH:TSX.V SA:NYSE.MKT

Expert Comments:

Golden Opportunities

(9/23/21)
"Skyharbour Resources Ltd. is a name you'll want to own before the uranium feeding frenzy truly kicks in. . .the Sprott Physical Uranium Trust has been gobbling up spot market uranium. . .if the trust's $300M of of buying caused that big of a spike in uranium prices (from $30/lb to over $45/lb in the past month), another $1B of buying could potentially send it through the roof."

headshot of David Talbot

David Talbot, Red Cloud Securities

(9/1/21)
"Skyharbour Resources Ltd.'s partner, Valor Resources, has reported high-grade sampling results from the Hook Lake uranium project. . .we view these results positively as they have not only confirmed high-grade uranium mineralization at the Hook Lake (or Zone S) prospect, but have returned rare earth and high-grade base metals, which may change the complexion of the project to a certain extent."

A Red Cloud Securities report calls Skyharbour Resources "one of the more established junior uranium exploration companies."
read more >

David Talbot, Red Cloud Securities

(5/13/21)
"We are initiating coverage on Skyharbour Resources Ltd. with a Speculative Buy rating and a CA$0.95 target price. . .prospectivity of the Moore uranium project makes the company one of the more established junior uranium explorers. We estimate a growing mineral inventory of about 7 Mlb U3O8 between the Maverick and Maverick East zones; we also see potential for further high-grade discoveries from up to 18 different target areas of the property to drive the stock."

Maurice Jackson
Jordan Trimble, CEO of Skyharbour Resources, sits down with Maurice Jackson of Proven and Probable to discuss his company's exploration plans and the work of the company's partners in Canada's Athabasca Basin.
read more >
headshot of Siddharth Rajeev

Siddharth Rajeev, Fundamental Research Corp.

(4/30/21)
"Skyharbour Resources Ltd. is planning to commence a 3,000m/1012 hole drill program on its flagship Moore uranium project. . .the upcoming drill program at Moore, ongoing work by partners and increasing sector optimism offer several near-term catalysts for the company's shares."

Peter Epstein
Skyharbour Resources CEO Jordan Trimble speaks with Peter Epstein of Epstein Research to discuss the uranium market and provide an update on his company's Canadian projects.
read more >

More Expert Comments

Experts Following This Company

headshot of Peter Epstein
Peter Epstein, CFA – Epstein Research
headshot of Maurice Jackson
Maurice Jackson, Founder – Proven and Probable
headshot of Siddharth Rajeev
Siddharth Rajeev, Analyst – Fundamental Research Corp.
headshot of David Talbot
David Talbot, Managing Director, Head of Equity Research – Red Cloud Securities

Company News

9/14/2021 – Skyharbour Intersects High Grade Uranium Mineralization at Maverick East Zone with Drill Results of 2.54% U3O8 over 6.0m including 6.80% U3O8 over 2.0m; Additional Assays Pending and Drilling to Continue

9/7/2021 – Skyharbour's Partner Company Azincourt Energy Announces Completion of Radiometric Survey and Updates Plans For The East Preston Uranium Project

9/7/2021 – Azincourt Energy Completes Radiometric Survey - Updates Plans for the East Preston Uranium Project

8/31/2021 – Skyharbour Partner Company Valor Announces High-grade Sample Results from Hook Lake Project Field Program

8/12/2021 – Ellis Martin Report: Skyharbour Resources (SYHBF) Receives $1.2 Million from Warrant Exercise as Partner Company Valor Announces New Anomalies

7/22/2021 – Skyharbour's Partner Company Valor Announces Airborne Survey Highlights Targets at Hook Lake Project, Athabasca Basin, Canada

7/6/2021 – Skyharbour's Partner Company Azincourt Energy Updates Plans for Summer Exploration Program at the East Preston Uranium Project

The information provided above is from analysts, newsletters, the company and other contributors.

Skyharbour Resources Ltd. is a sponsor of Streetwise Reports.The company's sponsorship fees pay for Streetwise Reports to create and update this "Investor Summary Page," to which links are placed on Streetwise Reports' websites and newsletters. Streetwise Reports does not accept stock for the payment of fees. See disclaimer for more details.

The company description, investing highlights and catalyst calendar on this page were prepared by the company. The Expert Comments and Experts Following This Company sections of this page are compiled by Streetwise Reports. There may be other information about the company that is not placed on this page. Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on this page.

The Expert Opinions above are excerpted from third-party sources not affiliated with or controlled by Streetwise Reports. The statements or opinions expressed in the Expert Opinions above are those of the authors indicated, and Streetwise Reports has not verified the accuracy of material excerpted here. Publications excerpted above may receive payment or sponsorship from the company mentioned.

Streetwise Reports does not provide investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security.Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.

Readers should conduct their own research for all information publicly available concerning the company.

Investing Highlights
 
Top tier Athabasca Basin uranium project portfolio including high-grade flagship Moore project with robust discovery upside potential
 
Acquiring projects at attractive valuations and using the prospect generator and JV model to advance secondary projects
 
Strong management and geological team with track record of success; strategic partnerships with Denison and Orano
catalyst Calendar
Q2
2021
Uranium market recovery gaining momentum
Q3
2021
Continued drilling at 100% owned Moore project focused on new basement rock hosted targets
Q3
2021
JVs and earn-in options with strategic partners funding exploration at other projects
Skyharbour Resources Ltd. Content