“The Company’s President and CEO, Jordan Trimble, stated: “We are pleased to close this financing with several new institutional investors as well as our largest strategic shareholder, Denison Mines, participating in the private placement. The Company is well positioned financially with over $3.7 million in its treasury to fund the planned and upcoming drill programs at its flagship Moore Uranium Project. Given the previously reported high grade drill results from our winter 2017 program, we are already planning a summer drill program as we await final geochemical assay results for the final ten drill holes. The Company will also benefit from news flow from upcoming exploration programs being planned with strategic partners AREVA Resources Canada and Azincourt at the Preston Uranium project, in addition to future cash payments from the partner companies to Skyharbour as per the respective option agreements. Skyharbour continues to execute on its business model by adding value to its project base in the Athabasca Basin through focused mineral exploration at its flagship Moore Uranium Project, as well as utilizing the prospect generator model to advance its other projects with strategic partners.””
“The recently completed winter drill program was originally budgeted for 3,500 metres but was increased to 5,500 metres in light of the early drilling success and operational efficiencies. The Company is awaiting the geochemical assay results for the final ten drill holes from this phase 1, 2017 winter drilling program program.”
“Given the high grade uranium mineralization intersected in the drill program and the encouraging visual indicators and elevated radioactivity in the final drill holes (assays pending), Skyharbour is currently planning a 2017 summer diamond drilling program to follow up on the successful phase one results. More news will be forthcoming on the planned summer program, as well as future drilling campaigns.”
News 
Market Data 
Discover 
