Skyharbour ready to capitalise on uranium upturn

Skyharbour’s Moore Lake project exploration camp The company hopes these assets will increasingly generate value for its shareholders as the market heats up. Skyharbour has successfully deployed a prospect generator model under which it has farmed out three assets to earn-in partners, while focusing its own exploration efforts on its flagship Maverick target on the 100%-owned Moore Lake property.

"We started acquiring projects during the early years of the rout following Fukushima. The sentiment at the time was at all-time lows and we set out to build a project portfolio for pennies on the dollar," president and CEO Jordan Trimble told Mining Journal .

Its portfolio cost just over C$5 million to assemble, with most of that being in share payments rather than cash, before doing a landmark deal with uranium developer Denison Mines to bring in Moore Lake. This transaction had elements of completing a circle, given the previous history […]

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