Skyharbour Partner Company Terra Clean Energy Completes First Three Drill Holes on Fraser Lakes Uranium Deposit at the South Falcon East Uranium Project

Skyharbour Resources (SYHBF) announces partner Terra Clean Energy has completed its first three drill holes at the South Falcon East Uranium Project , hosting the Fraser Lakes B Uranium Deposit. The ongoing program, expected to complete over 2,000 metres of drilling in March, is located 18 km outside the Athabasca Basin.

Key drilling results include Hole SF063 , which intersected multiple structures and a 51-metre wide interval of mineralized granitic pegmatites, showing highlights of 0.03% eU3O8 over 12.0m (173.55m-185.55m) and 0.03% eU3O8 over 3.0m (213.65m-216.65m). The hole also revealed intense clay alteration typically associated with uranium deposits.

Under the Option Agreement, Terra can earn a 75% interest by funding CAD $10.5M in exploration and paying Skyharbour CAD $11.1M in cash, of which $6.5M can be settled in Terra shares.

Positive Discovery of significant mineralization in all three completed drill holes New clay alteration zone discovered, indicating potential for higher-grade uranium deposits Expansion […]

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