Technical Analysis for SYHBF - Skyharbour Resources

Skyharbour Resources (TSX-V: SYH) is a preeminent uranium and thorium exploration Company with projects located in the prolific Athabasca Basin of Saskatchewan, Canada which is one of the most favourable jurisdictions globally to work in. The Company has been acquiring top tier exploration projects at attractive valuations culminating in five uranium properties totalling over 250,000 hectares throughout the Basin. Skyharbour recently secured an option from Denison Mines (TSX: DML), a large shareholder of the Company, to acquire a 100% interest in the Moore Lake Uranium Project which hosts the high grade Maverick Zone where previous drilling returned 4.03% U3O8 over 10 metres at 265 metres depth. In addition to the Maverick Zone, the project hosts other mineralized targets with strong discovery potential which the Company plans to test in an upcoming drill program. Skyharbour also intends to employ the prospect generator model to monetize and fund exploration at its other projects in the Basin. These projects include the Falcon Point uranium and thorium project which hosts an NI 43-101 uranium resource as well as the Preston project strategically located proximal to NexGen Energy and Fission Uranium's high grade uranium deposits in the Patterson Lake region. 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.
Chemistry Physical Sciences Chemical Elements Economic Geology Uranium Athabasca Basin Uranium Ore Denison Mines