Skyharbour Resources Ltd. announced that it has acquired several new prospective uranium exploration claims through online staking and through an agreement with Eagle Plains Resources Ltd., contributing to Skyharbour?s large property portfolio. These 100% owned claims are located in Northern Saskatchewan, adding an additional 30,184 hectares to Skyharbour?s existing holdings in and around the Athabasca Basin, which is host to the highest-grade uranium deposits in the world and is consistently ranked as a top mining jurisdiction by the Fraser Institute. As the Company remains focused on its co-flagship Russell Lake and Moore uranium projects, these new claims will become a part of Skyharbour?s prospect generator business as the Company will seek strategic partners to advance them.

New Property Summaries: Foster Property: The drill-ready Foster property consists of 15 claims totaling 6,362 hectares approximately 20 km east of Cameco?s Key Lake operation and adjoining the southwestern end of Skyharbour?s Falcon Project, currently optioned out to North Shore Energy Metals Ltd. The Foster claims are situated in the Wollaston Domain just outside of the currently mapped extent of the Athabasca Basin, with several small outliers of sandstone located regionally in the area. The basement geology consists of psammopelite, calc-silicate, diorite, pelitic gneiss and graphitic pelitic gneiss of the Daly Lake Group, accompanied by minor felsic orthogneisses. Skyharbour recently acquired these claims through online staking as well as acquiring additional claims from Eagle Plains.

The claims acquired from Eagle Plains host geology favourable for uranium and REE mineralization with two significant mineralized areas including the Great Plains Showing and the Red October Zone. There are numerous untested coincident geochemical and geophysical anomalies, many of which are drill ready, with significant encouraging exploration to date for pegmatite- and fault-hosted uranium mineralization. Exploration in the Eagle Lake area at these claims between 1969 and the early 1980?s resulted in the discovery of the Great Plains Showing.

Exploration programs, including diamond-drilling, intersected intense alteration and shearing as well as high Radon 222 values. Notably, pitchblende mineralization was discovered in veins associated with fault structures; however, a comprehensive program was recommended but never carried out due to changing uranium market fundamentals . Another mineralized zone, the Red October Zone, was discovered in 2008 by Eagle Plains, and consists of a 400 m intermittent uranium and REE-mineralized outcrop within a 1 km coincident soil geochemical and ground magnetic anomaly.

The Red October Zone was drill-tested in 2012, with all 6 holes encountering anomalous uranium, and REE?s. Elsewhere on the broader property package, prospective graphitic pelitic gneiss packages are exposed at the surface. In addition to the two aforementioned zones, the Foster project contains several other uraniferous occurrences, which often also host elevated REE?s and/or thorium, and with samples collected on the property returning up to 657 ppm U, 6644 ppm TREE, and 344 ppm Th. Significant untested potential exists on the Foster project for basement-hosted, unconformity-related uranium deposits like those further to the north in the Wollaston Domain (i.e. Eagle Point, Rabbit Lake, Key Lake and others), as well as for additional pegmatite-hosted uranium, thorium, and REE mineralization.

Skyharbour plans to seek a partner company to option and advance Foster as a part of its prospect generator business. Eagle Plains will retain a 2% Net Smelter Return (?NSR?) royalty, subject to reduction on certain claims by underlying NSR agreements. Other Properties Recently Staked: Skyharbour recently acquired other uranium properties consisting of 7 claims totaling 23,822 hectares in and around the Athabasca Basin.

One claim was staked on the northern edge of Skyharbour?s Karin Project, increasing the extent of the Karin project to a total of 25,165 hectares in the Highrock Lake area. The new claim is underlain by prospective Wollaston Supergroup metasedimentary gneisses, including pelitic to psammopelitic gneisses, which host uranium, thorium, and REE mineralization elsewhere in the Wollaston Domain. No modern geological work has been undertaken on this new claim, with the most recent work consisting of airborne INPUT EM and magnetic survey and prospecting in 1980, which detected a weak EM anomaly on this claim.

Four additional claims totaling 13,026 hectares were staked at the Pluto Bay Project area located approximately 14 km north of the Athabasca Basin, just east of the Snowbird Tectonic Zone/These claims are underlain by Archean tonalitic to granitic gneisses, with local Paleoproterozoic amphibolites, metaquartzites, calc-silicates, marbles, and pelitic, psammopelitic, and psammitic gneisses. Minimal modern exploration has been undertaken on the property, which is prospective for basement-hosted unconformity-related uranium mineralization. Another two claims totaling 9,896 hectares were staked in the Newham Lake area.

The claims are underlain by Athabasca Sandstone ranging in thickness from less than 80 to just over 200 m. Several historical and modern EM conductors are present on these claims, which are along trend of EM conductors extensively drill tested by SMDC, JNR Resources Inc., and ALX Resources Corp. were subject to a variety of geophysical surveys, prospecting, geochemical surveying, and geological mapping between 1969 to 1983, when work was paused until the mid-2000?s. Several modern EM, magnetics, radiometrics, and gravity surveys were flown over portions of the property between 2005-2011, however no modern ground exploration has taken place on the property, which is highly prospective for unconformity-related uranium mineralization.