Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) and its joint venture partner Orano Canada Inc. have announced the commencement of the 2024 exploration programs at the Preston Uranium Project in the Athabasca Basin, Saskatchewan. The project, located near NexGen Energy’s high-grade Arrow deposit and Fission Uranium’s Triple R deposit, has shown significant uranium mineralization potential based on previous exploration activities.
The 2024 exploration programs will focus on advancing the drill target generation process and refining drill targets across the property. This will include conducting ground-based surveys, geological mapping, and geochemical sampling to identify areas with high uranium potential. The companies will also utilize cutting-edge geophysical techniques, such as airborne surveys and ground gravity surveys, to further delineate drill targets.
One of the key areas of focus for the 2024 exploration programs is the Maverick Corridor, which has been identified as a priority target based on previous drilling results and geophysical data. The companies plan to conduct additional drilling in this area to expand on the high-grade uranium mineralization intersected in previous drill holes.
In addition to the Maverick Corridor, the 2024 exploration programs will also target other areas within the Preston Project with the potential for significant uranium mineralization. These include the Arathusa and Thorburn Lake target areas, where previous drilling has intersected uranium mineralization.
The joint venture partners are committed to employing best practices in exploration and adhering to strict environmental and safety standards throughout the 2024 exploration programs. This includes minimizing environmental impact, engaging with local communities, and ensuring the safety of all workers involved in the exploration activities.
By conducting systematic and methodical exploration programs, Skyharbour and Orano aim to further uncover the uranium potential of the Preston Project and advance it towards future development. The companies’ strong technical expertise, combined with their strategic partnership, position them well to successfully delineate high-grade uranium deposits within the project area.
Overall, the 2024 exploration programs at the Preston Uranium Project represent an important step towards unlocking the full potential of this promising uranium project in the world-renowned Athabasca Basin. With a clear focus on target delineation and systematic exploration, Skyharbour and Orano are poised to make significant advancements in understanding the geology and resource potential of the project area, ultimately contributing to the future supply of clean and sustainable nuclear energy.
