Provided By GlobeNewswire
Last update: Feb 27, 2025
Vancouver, BC, Feb. 27, 2025 (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 provided an update on its Falcon property (“Falcon”) regarding the prioritization of target generation efforts. Falcon is located at the eastern margin of the Athabasca Basin in northern Saskatchewan. In its September 17, 2024, October 10, 2024, and November 13, 2024 news releases, North Shore summarized work being done at the West Bear and Falcon properties with three priority areas established at Falcon, Zones 1, 2 and 3. 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.
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