Skyharbour Resources Ltd. announced that partner company, North Shore Uranium has provided an update on the exploration activities at the 55,699 hectare Falcon Property ("Falcon" or the "Property") located at the eastern margin of the Athabasca Basin in northern Saskatchewan. North Shore has identified a number of high priority uranium targets on the Property and will commence drilling several of these targets in first quarter of 2024. Location Map of Falcon Project: Falcon is a highly prospective uranium exploration property with a limited exploration history in an area of the Athabasca Basin that is seeing increased exploration activity and recent discoveries.

Significant grass roots uranium discoveries in 2021 by Baselode Energy Corp. and 92 Energy Limited approximately 40 kilometres to the north, illustrate the potential for new basement-hosted discoveries in this area. North Shore's 2023-2024 exploration program at Falcon is comprised of the following three components: Ooing i interpretation of historical and new geophysical and geological data to assist withrioritizing tatargets for detailed exploration; A First Quarter 2024 maiden drill program focusing on several high priority targets; and Prospecting, mapping and sampling related to the high priority targets in the summer of 2024 in preparation for future drill programs. The Q202024 drill program will be focused on several targets along a well-defined, donantly northeast-southwest- trending EM conductor system at the southeastern end of the claim block.

There has been no previous drilling in this area. Gravity, magnetic and radiometric data are being analyzed to assist with pinpointing the highest priority drill locations along the EM conductors for drilling. North Shore has engaged TerraLogic Exploration Inc. ("TerraLogic"), of Cranbrook B.C., to manage its first quarter of 2024 drill program at Falcon.

TerraLogic has experience in the Athabasca Basin and a proven track record working with the mining and exploration industry, combining advanced data management and proven exploration techniques with a focus on precious metal, base metal and uranium exploration. In addition, Condor North Consulting ULC, recognized experts in the field of geophysical data processing and interpretation, have been retained to perform a detailed interpretation of the existing geophysical data to assist in optimizing drill target locations. Historical grab sampling at Knob Lake (SMDI 1014) also encountered up to 0.01% U(3) O(8) in an outcrop of pegmatite, while anomalous nickel, copper, and molybdenum were found in historical grab samples from the Fraser North target area (SMDI's 1125 and 1126).

A well-defined northeast-trending, locally folded, electromagnetic conductor system runs throughout the Property, which was defined by airborne and ground geophysical surveys by JNR Resources ("JNR") in the 2000's. In 2008 JNR conducted a drill campaign at the property area. Of the 47 holes drilled that year, 28 holes (totaling 7,348 metres) were drilled on the South Falcon Uranium Property at the Walker (14 holes), Walker South (7 holes), and EWA target areas (6 holes). Over 30 kilometres of the EM conductor system remains untested on the Falcon Property.

North Shore's initial focus will be on the two claims formerly part of the Foster Project (geophysics), and on generating drill targets on three claims at the southeastern end of the EM conductor systems including Knob Lake, which shows similarities to the Fraser Lakes Zone B deposit approximately 6 km to the northeast and several other high- priority targets elsewhere along the main area.