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Skyharbour Resources ( (TSE:SYH) ) just unveiled an announcement.
Skyharbour Resources Ltd. announced that its partner, Terra Clean Energy, completed a successful winter drill program at the South Falcon East Uranium Project, with six out of seven holes showing uranium mineralization. The program confirmed continuity across the deposit and expanded the mineralized footprint, adding significant value to the project. The results, including a notable 0.16% uranium grade in one hole, suggest potential for an open pit mining scenario, especially given the project’s proximity to infrastructure and a rising uranium price environment.
More about Skyharbour Resources
Skyharbour Resources Ltd. is a company involved in the uranium mining industry, focusing on exploration and development projects. The company has a market focus on uranium deposits, particularly in the Athabasca Basin region, and engages in partnerships to advance its projects.
YTD Price Performance: -8.75%
Average Trading Volume: 326,848
Technical Sentiment Signal: Buy
Current Market Cap: C$64.4M
For an in-depth examination of SYH stock, go to TipRanks’ Stock Analysis page.