Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Skyharbour Resources ( (TSE:SYH) ) has issued an announcement.
Skyharbour Resources Ltd. has announced the start of its winter diamond drilling program at the Russell Lake Uranium Project in Saskatchewan, which is 57.7% owned by Skyharbour and 42.3% by Rio Tinto Exploration Canada Inc. The company plans to drill 5,000 meters in 10 to 12 holes as part of a larger 16,000 to 18,000-meter campaign across its co-flagship projects, Russell Lake and Moore, marking its largest annual drill campaign. This initiative aims to explore the potential for high-grade uranium deposits, leveraging low-cost drilling and shallow target depths to enhance its market position in uranium exploration.
More about Skyharbour Resources
Skyharbour Resources Ltd. operates in the mining industry, focusing primarily on uranium exploration and development. The company is engaged in projects located in the Eastern Athabasca Basin of northern Saskatchewan, a region known for its uranium deposits.
YTD Price Performance: -15.19%
Average Trading Volume: 318,349
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$68.49M
Learn more about SYH stock on TipRanks’ Stock Analysis page.