Skyharbour Resources (TSX-V:SYH) has begun the first phase of a drilling campaign for the year at the Moore Lake Uranium Project in the Athabasca Basin, Canada, amid receiving a renewed three-year drill permit.
The multi-phase campaign is planned for 8,000 to 10,000m of diamond drilling. Drilling will be carried out at the Maverick Trend and other regional targets.
Phase one will comprise between 4,000m and 5,000m across 10-13 drillholes, focusing on the Nomad Zone where drilling is testing priority gravity anomalies and newly delineated electromagnetic conductors along the Nomad structural corridor.
Follow-up drilling is planned at the Esker target area to the northeast where the company will evaluate the potential strike extension of mineralisation intersected in historical drillhole ML-165, which returned 0.5m @ 1.21% triuranium octoxide at the unconformity.
Phase one will also include expansion drilling at the Maverick zones, targeting the largely untested basement-hosted potential associated with previously intersected mineralisation.
Skyharbour adds that drilling is also planned at the Nutana target where historical drilling intersected strong dravite alteration and graphitic basement conductors that remain inadequately tested due to wide drill spacing.
In 2016, Skyharbour secured an option to acquire the Moore Lake Project, which consists of 12 contiguous claims totalling 35,705 hectares. The project is fully accessible via winter and ice roads which simplifies logistics and lowers costs.
Skyharbour Resources is a uranium explorer and prospect generator in Canada’s Athabasca Basin.
Write to Aaliyah Rogan at Mining.com.au
Images: Skyharbour Resources
