Skyharbour’s Partner North Shore Uranium Granted Exploration Permit at Falcon Uranium Project

Article content

Vancouver, BC, Oct. 01, 2024 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH )
(OTCQX: SYHBF ) (Frankfurt: SC1P ) (“Skyharbour” or the “Company”), is pleased to announce that its partner company, North Shore Uranium (“North Shore”), has received a Crown Land Work Authorization permit from the Saskatchewan Ministry of environment (the “ Permit ”). The Permit covers the Company’s 55,700-hectare Falcon property (“ Falcon ”) at the eastern margin of the Athabasca Basin in northern Saskatchewan. North Shore may acquire an initial 80% interest in Falcon by issuing common shares having an aggregate value of CAD $1,225,000, making aggregate cash payments of $525,000 to Skyharbour, and incurring an aggregate of $3,550,000 in exploration expenditures on the property over a three-year period.

Article content
Location Map of Falcon Project: https://skyharbourltd.com/_resources/maps/Sky-SouthFalconOption.jpg?v=0.1 Under the Permit, which expires on July 31, 2027, North Shore is authorized to conduct mineral […]

Click here to view original web page at financialpost.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.