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3 Rainy River Properties West & Southwest of Rainy River Resources Gold Discovery Acquired in NW Ontario
Vancouver, BC, Skyharbour Resources Ltd. (TSX.V: SYH) (the Company) announces that the Company has signed 3 formal Option Agreements for the acquisition of a 100% interest in the D1, D2, and E Claim Blocks consisting of 108 units in approximately 1,750 hectares located in the Sifton, Tait, and Pattullo Townships of northwestern Ontario. The 3 properties are well located to the west and southwest of the #17, the #433, and the new ODM gold zones of Rainy River Resources Ltd. (TSX.V: RR) property. (See their news releases on November 1st, 3rd, and 9th)

Rainy River claims map:
http://www.skyharbourltd.com/s/Image.asp?i=maps/20061129/SYH-RR-Area-all.gif

The newly acquired properties are located within extensions of the greenstone belt that is known to host the Rainy River Resources gold deposits. The attitude of the reported gold zones is similar to a series of interpreted northwest trending faults. These faults are very evident from the regional magnetic data and crosscut the volcanic belt along a 15 kilometre strike length. The northwest trending faults served as the focus for the emplacement of a number of late diabase dikes in the area. These structures appear to have been the focus of earlier gold mineralization that has been reactivated during emplacement of the dikes.

Rainy River Geological Map:
http://www.skyharbourltd.com/s/Image.asp?i=maps/20061129/SYH-RR-Area-geomap.gif

The area has received only a preliminary exploration pass and a number of potential target areas remain untested. Extensive overburden cover in the area has resulted in overburden drilling being used as a primary exploration tool. The Company plans to use this method to further develop gold and base metal target areas.

Skyharbour Resources is of the belief that the deposits being outlined by Rainy River Resources at this time confirm the area as a mineral camp in its infancy of exploration. The land position with the crosscutting structures and well developed infrastructure now under option to Skyharbour Resources represent an excellent starting point in this emerging mineral camp.

The Company will embark on an aggressive mineral exploration program on its newly acquired ground at the beginning of 2007. A detailed overburden drill program will be undertaken, and grids are to be established immediately, to be able to conduct detailed ground geophysics as a lead into a drill program this winter.

David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person, under the meaning of National Instrument 43-101, and has reviewed the data in this News Release.

About Skyharbour Resources Ltd.:

Skyharbour Resources is a mineral exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 10 gold or base metal properties located in the Red Lake greenstone belt.

To find out more about Skyharbour Resources Ltd. (TSX.V: SYH), visit the Companys website at www.skyharbourltd.com.

For further information on Rainy River Resources Ltd. (TSX.V: RR), visit their web site at www.rainyriverresources.com.

ON BEHALF OF THE BOARD OF DIRECTORS