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

View Company News

Visit Company Website

Expert Comments:

Coverage Initiated on Canadian Uranium Junior with 'Aggressive Exploration Drill Program'
(5/28/21)

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

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."

Fully Funded Uranium Explorer Drilling High-Grade Targets
(4/30/21)

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.

Siddharth Rajeev, Fundamental Research Corp.

(4/30/21)

"Skyharbour Resources Ltd. is planning to commence a 3,000m/10–12 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."

Athabasca Uranium Junior Skyharbour Resources Well Positioned for Sector Liftoff

(4/8/21)

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.

'Catalysts, Catalysts and Even More Catalysts' for Canadian Uranium Explorer

(3/15/21)

Jordan Trimble, CEO of Skyharbour, talks with Maurice Jackson of Proven and Probable about exploration progress being made at his company's uranium assets in Canada's Athabasca Basin.

Explorer's Partner Completes Earn-In Interest and Forms JV for Athabasca Basin Uranium Project

(2/18/21)

Skyharbour Resources reported that its partner Azincourt Energy completed its 70% earn-in interest and formed a joint-venture with Skyharbour for the East Preston Uranium Project in northern Saskatchewan.

More Expert Comments

Siddharth Rajeev, Fundamental Research Corp. (7/7/20) "Skyharbour Resources Ltd. recently completed a 2,328m, six-hole drill program on its flagship Moore uranium project. . .hole 20-04, drilled 50m east of the previously defined Maverick East zone, intercepted 4.5m of 0.38% U3O8. . .as work is ongoing at all of the company's core properties, we expect a number of catalysts for Skyharbour's share price this year."

Gerardo Del Real, Junior Mining Monthly (6/30/20) "Skyharbour Resources Ltd. announced results from its 2020 winter-spring diamond drilling program at its 100%-owned, 35,705-hectare Moore uranium project. . .the highlight hole from the eight-hole program was ML20-04, which doubled the known strike extent of the Maverick East zone. The interval returned 4.5m of 0.38% U3O8 with a basal high grade basement intercept returning 0.5m of 1.43% U3O8."

	Thibaut Lepouttre, Caesars Report (6/23/20) "Skyharbour Resources Ltd.'s hole 4 which was drilled the furthest to the east at the Moore uranium project was now successful in doubling the strike length of Maverick East to 100m. . .the company is now gearing up for a fully funded 2,500m summer drill program which will continue to drill test the high priority zones along the Maverick corridor with a specific focus on untested conductive corridors and underlying feeder zones."

Thibaut Lepouttre, Caesars Report (5/16/20) "Skyharbour Resources Ltd. has closed a previously unannounced placement to raise CA$1.68M in a mix of hard dollars and flowthrough dollars which will further boost the company's cash and working capital position. About 5.36M hard dollar units were issued at CA$0.15 and 4.86M flowthrough units were issued at CA$0.18, with each unit consisting of one common share and a full warrant with a strike price of CA$0.22."

Fundamental Research Corp. (4/20/20) "Skyharbour Resources Ltd. and its partner have decided to extend the deadline for Azincourt Energy (to March 31, 2021) to meet the remaining obligations to acquire a 70% interest in the East Preston uranium project. . .in consideration for the extension, Azincourt has agreed to issue 2.5M shares each to Skyharbour and its partner."

Gerardo del Real, Junior Mining Monthly (3/31/20) "One uranium company keeping busy is Skyharbour Resources Ltd. On March 9, 2020, it announced its option partner Orano Canada has commenced its exploration programs at the Preston uranium project. . .Skyharbour and Dixie Gold entered into an option agreement with Orano Canada whereby Orano Canada has an option to acquire up to a 70% working interest in the Preston uranium project."

	Thibaut Lepouttre, Caesars Report (2/27/20) "Skyharbour Resources Ltd. has announced it has started its winter drill program at its Moore uranium project. . .the company plans to drill a total of 2,500m in seven to nine holes where it has done additional work to upgrade the 'interesting' zones to high priority drill targets. . .it will focus on these high priority drill targets along the 4 km long structural corridor at Maverick with a focus on basement rock-hosted targets."

Thibaut Lepouttre, Caesars Report (2/13/20) "Skyharbour Resources Ltd. announced it has started its winter drill program on its Moore uranium project. . .the company plans to drill a total of 2,500m in seven to nine holes where Skyharbour has done additional work to upgrade the 'interesting' zones to high-priority drill targets."

Thibaut Lepouttre, Caesars Report (12/17/19) "Skyharbour Resources Ltd. has just been able to raise CA$1.8M. . .the company can go ahead with all of its planned exploration activities on the Moore uranium project. Meanwhile, its joint venture partners Orano and Azincourt Energy are also planning to complete quite a bit of work on their respective properties as well, which means this winter season should once again provide Skyharbour with plenty of news flow."

Thibaut Lepouttre, Caesars Report (12/17/19) "Skyharbour Resources Ltd. will continue to advance on three different fronts: its own Moore uranium project and two projects (Preston and East Preston) where respectively Orano and Azincourt Energy are working towards a potential discovery of high-grade uranium. . .with a current share count of 75.4M, Skyharbour's market capitalization of around CA$12M and enterprise value of around CA$10M are intriguing considering the company and its partners are advancing three separate projects."

Nick Hodge, Nick's Notebook (11/19/19) "Skyharbour Resources Ltd. has previously discovered high-grade uranium mineralization in the underlying basement rock at the project, along a 4 kilometer long structural corridor, including 6% U3O8 over 5.9m. . .the upcoming drill program will test targets along that known corridor, as well as prospective regional targets that have been selected. The company also has two other projects in the basin that partners are drilling."

	Thibaut Lepouttre, Caesars Report (10/9/19) "The aerial survey over Skyharbour Resources Inc.'s Moore uranium project has identified several drill targets outside of the 2 km strike length that has already been drilled to date, and some of these new targets will be drilled in the upcoming winter drill program. The company is aiming to drill 2,500m to test the basement targets as well as the nonconformity targets at Moore, and it has provided an extensive explanation of the three targets it would like to drill: Maverick East, the Northeast extension of the Maverick structural corridor and the Otter target."

Experts Following This Company

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

Company News

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

6/22/2021 – Skyharbour Resources Receives $1.39 Million from Exercise of Warrants

6/16/2021 – Skyharbour Expands its Current Drill Program at its High Grade Moore Uranium Project, Saskatchewan

6/8/2021 – Skyharbour's Partner Company Azincourt Energy's Drilling Returns Elevated Uranium at the East Preston Uranium Project

5/11/2021 – Ellis Martin Report: Skyharbour Resources' Jordan Trimble Discusses Trends in Uranium and Mobilization of Drilling at the High Grade Moore Uranium Project

5/11/2021 – Skyharbour Resources President & CEO, Jordan Trimble, to Present at the Red Cloud Uranium Conference (Virtual)

5/10/2021 – Skyharbour Completes Geophysical Program and Mobilizes for Upcoming Drill Program at its High Grade Moore Uranium Project, Saskatchewan

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	JV’s and earn-in options with strategic partners funding exploration at other projects