SKYHARBOUR'S DRILLING IDENTIFIES MASSIVE SULPHIDE ZONE ON SOUTH BAY PROJECT, RED LAKE, NW ONTARIO

Skyharbour Resources Ltd. has made, what appears to be, a significant discovery of volcanogenic massive sulphide (VMS) mineralization, in an area that has never been drill tested in the past, approximately 500 metres to the southwest of the former South Bay mine 80 kilometres (km) east-northeast of Red Lake, Northwestern Ontario.

Skyharbour is drill testing Titan 24 geophysical anomalies on the company's South Bay property which has identified a massive sulphide zone in diamond drill hole SB 08-4. The mineralization consists of fine-grained, massive to finely bedded phyrrotite with visible zinc sulphides (sphalerite) and visible copper sulphides (chalcopyrite) between 357 metres and 369 metres in the hole. Drilling of hole SB 08-04 is continuing at a 60-degree dip with a 270-degree azimuth. This new VMS zone is approximately 500 metres to the southwest of the former South Bay mine shaft operated by Selection Trust of London (Selco. 1970 to 1982).

The above samples from hole SB 08-4 have now been selected, sealed and labelled "rush for assay" for immediate shipment to TSL laboratory in Saskatoon, Sask. All unnecessary communication from the field camp has been curtailed.

The new sulphide zone occurs between a thick acid porphyry unit and a fragmental rhyolite. The porphyry is marked by a weak sericite alteration throughout. A system of fine crosscutting chlorite veinlets occurs in the fragmental rhyolite unit adjacent to the massive sulphides.

Skyharbour Resources is very encouraged with the size of the intersection in the discovery hole. The company announces it has increased its current drill budget on the South Bay copper-zinc discovery to include a minimum of another four drill holes for an added amount of 2,400 metres to be completed at this time.

The drill is located on the mainland and therefore the work program will not be affected with the impending spring thaw. The company has established a full camp on the property and the property is serviced by an all-weather road from the main Red Lake highway (approximately 75 km).

The positioning of the drill holes is based upon ground geophysical surveying during the winter of 2007 where ground geophysical surveys were completed including magnetic and horizontal-loop electromagnetics. The anomaly being tested has an inferred strike length in the order of 400 metres based on the Titan 24 electromagnetic survey.

Skyharbour Resources holds a 100-per-cent interest in the South Bay copper-zinc-silver project, located in Dent and Mitchell townships about 80 km east-northeast of Red Lake, Northwestern Ontario. The 3,200-acre property covers the former South Bay copper-zinc-silver mine which produced 1.6 million tons of ore grading 2.3 per cent Cu (copper), 14.5 per cent Zn (zinc) and 3.5 ounces per tonne Ag (silver) (Selco 1978).

Skyharbour Resources currently has $2.8-million in working capital and no debt.

David J. Busch, BA, BSc, PGeo, vice-president of explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this news release.

We seek Safe Harbor.