Skyharbour Resources Ltd. has recently made an announcement that it has added additional uranium properties in the Athabasca Basin in Saskatchewan. The company is now a dominant explorer in three of the Canada’s top uranium districts, putting it in a very advantageous position to further exploit its existing mines and find new ones.
The company added two new uranium exploration sites in the Athabasca Basin in Saskatchewan to its portfolio. The first is Westbrook, located approximately 4 kilometres southeast of Skyharbour’s Moore Uranium Project, and features historic high-grade assay values of up to 1.75% U3O8. The second is Hoojamama, located approximately 12 kilometres southwest of the company’s Barratt Uranium Project. This site also boasts historic high-grade uranium assay values up to 2.07% U3O8.
These new exploration sites are extremely exciting for Skyharbour, as they form part of a larger strategic vision for the company. By securing additional uranium properties in the Athabasca Basin, the company is now a dominant explorer in three of the Canada’s most prolific uranium districts. Furthermore, by adding these additional sites, Skyharbour should be able to capitalize on attractive economies of scale by leveraging existing infrastructure and reducing exploration costs in a region known for costly exploration and development.
At present, Skyharbour has a number of promising projects in the region. The Moore Uranium Project already boasts an inferred resource estimate of 9.2 million pounds of U3O8, while the Barratt Uranium Project is looking particularly interesting with multiple high-grade uranium intersections. With this additional staking in the area, the company should be able to accelerate its exploration and development of these sites.
Overall, Skyharbour’s recent acquisition of additional uranium properties in the Athabasca Basin in Saskatchewan is a very positive sign for the company. This move should also create several interesting possibilities to add value to the company’s existing uranium projects, while allowing it to begin to use economies of scale to help bring down the cost of exploration and development in this high-cost region.
Skyharbour Resources Ltd. has recently made an announcement that it has added additional uranium properties in the Athabasca Basin in Saskatchewan. The company is now a dominant explorer in three of the Canada’s top uranium districts, putting it in a very advantageous position to further exploit its existing mines and find new ones.
The company added two new uranium exploration sites in the Athabasca Basin in Saskatchewan to its portfolio. The first is Westbrook, located approximately 4 kilometres southeast of Skyharbour’s Moore Uranium Project, and features historic high-grade assay values of up to 1.75% U3O8. The second is Hoojamama, located approximately 12 kilometres southwest of the company’s Barratt Uranium Project. This site also boasts historic high-grade uranium assay values up to 2.07% U3O8.
These new exploration sites are extremely exciting for Skyharbour, as they form part of a larger strategic vision for the company. By securing additional uranium properties in the Athabasca Basin, the company is now a dominant explorer in three of the Canada’s most prolific uranium districts. Furthermore, by adding these additional sites, Skyharbour should be able to capitalize on attractive economies of scale by leveraging existing infrastructure and reducing exploration costs in a region known for costly exploration and development.
At present, Skyharbour has a number of promising projects in the region. The Moore Uranium Project already boasts an inferred resource estimate of 9.2 million pounds of U3O8, while the Barratt Uranium Project is looking particularly interesting with multiple high-grade uranium intersections. With this additional staking in the area, the company should be able to accelerate its exploration and development of these sites.
Overall, Skyharbour’s recent acquisition of additional uranium properties in the Athabasca Basin in Saskatchewan is a very positive sign for the company. This move should also create several interesting possibilities to add value to the company’s existing uranium projects, while allowing it to begin to use economies of scale to help bring down the cost of exploration and development in this high-cost region.
