Skyharbour Resources Ltd. (SYH:TSX.V; SYHBF:OTCQB) announced in a news release that it planned a diamond drill program to commence later this year or early next at its Moore uranium project in Saskatchewan.
This comes on the heels of Pioneer Aerial Surveys Ltd. completing an unmanned aerial vehicle magnetometer survey (UAV-MAG) at Moore. Specifically, the survey was conducted over the Maverick structural corridor there, which hosts several high-grade uranium zones in the underlying basement rock.
"The UAV-MAG identified high-priority, cross-cutting features and structures along the Maverick corridor," findings which helped Skyharbour determine targets for its upcoming fall/winter diamond drill program at Moore, the release noted.
The 2,500 meter campaign will test unconformity and basement targets along the Maverick structural corridor along with selected prospective regional targets. Drilling also will be done, conditions allowing, on the "landward portions of the recently discovered Otter zone targets along strike of hole ML19-04," according to the release.
"We are keen to continue exploring and drilling our flagship Moore Uranium Project as we have recently discovered new high grade uranium mineralization in the underlying basement rock along the Maverick corridor, and have made new regional discoveries requiring follow up work. I have personally been buying more shares of the Company in the market recently. We are well positioned to benefit from an improving uranium market with strong discovery potential and ample upcoming news flow from our drilling at Moore, as well as recently announced and upcoming exploration programs from our partner companies Orano Canada Inc. and Azincourt Energy," Skyharbour President and CEO Jordan Trimble said in the release.
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