Welcome to the SkyHarbour Resources LTD Hub on AGORACOM

Skyharbour Resources Ltd. is a uranium and precious metal exploration company actively involved with the development of projects in one of the most active uranium exploration regions in the world, the Athabasca Basin, Saskatchewan.

Free
Message: News Out

News Out

posted on Apr 07, 2008 01:39PM
Vancouver, BC -- Skyharbour Resources Ltd. (TSX-V: SYH) (the "Company") announces that further volcanogenic massive sulphide (VMS) mineralization has been identified in its previously announced SB08-4 discovery hole located approximately 500 metres to the southwest of the former South Bay Mine, 80 km east-northeast of Red Lake, Northwestern Ontario.

In addition to the previously reported copper-zinc intercept in hole SB08-4 by News Release April 3, 2008, a second smaller zone of zinc rich exhalite was encountered 30 metres deeper in the hole at approx. 400 metres. The second zone was intersected over a core length of 2 metres. This may suggest multiple or stacked mineralized horizons, a common feature of VMS deposits.

A second hole (SB08-5) on this same Titan 24 target has now started. The second hole is collared 100 metres north of discovery hole SB08-4 towards the former South Bay Mine shaft and is being drilled in the same direction and with the same dip as hole SB08-4. The step out of 100 metres is deemed reasonable given the continuity of the geology and Titan 24 geophysical response.

Click Here for South Bay Claims Map, NW Ontario

Skyharbour Resources holds a 100% 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 acres property covers the former South Bay copper-zinc-silver mine which produced 1.6 million tons of ore grading 2.3% Cu, 14.5% Zn, and 3.5 oz/t Ag (Selco 1978).

David J. Busch, B.A., B.Sc., 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.

About Skyharbour Resources Ltd.:

Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the RED LAKE and RAINY RIVER districts of northwestern Ontario, Canada.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jim Pettit"
___________________________________
JAMES G. PETTIT
Director
Share
New Message
Please login to post a reply