30,000m Drill Campaign Across Moore & Russell Lake | Skyharbour Resources' Monthly CEO Update

Why It Matters

The extensive drilling and partner‑driven programs position Skyharbour to capitalize on a rising uranium market, offering investors near‑term catalysts and long‑term growth potential.

Key Takeaways

• Skyharbour drilling over 30,000 meters across six projects this year.
• Moore Lake's Maverick zones show shallow, high‑grade uranium mineralization.
• Denison Mines funds initial Wheeler North drilling; larger summer phase planned.
• Summer programs start on Russell Lake 80% owned claims, 3‑4k m.
• Uranium price outlook bullish amid geopolitical tensions and energy security focus.

Summary

Skyharbour Resources' CEO outlined a 30,000‑meter drill campaign spanning six to seven projects, with a focus on its two co‑flagship assets, Moore Lake and Russell Lake, as the company transitions from winter to summer drilling.

At Moore Lake, a 100% owned property, the winter phase confirmed shallow, high‑grade uranium in the Maverick and Maverick East zones, prompting a planned 3,000‑4,000‑meter summer follow‑up targeting the corridor and peripheral targets. Denison Mines, a joint‑venture partner, completed an initial funded drill program on the Wheeler North claims at Russell Lake and will expand to a larger summer phase, while Skyharbour will commence a 3‑4 k m program on its 80% owned RL claims.

The CEO highlighted recent partner activity: Cameco Clean Energy’s upcoming summer drill and Orano’s planned Preston project work, creating a pipeline of catalyst‑rich news over the next 6‑12 months. He also cited macro trends, noting the Sprott Physical Trust’s price gains and the bullish uranium outlook driven by Middle‑East conflict and global energy‑security concerns.

These drilling programs aim to delineate additional high‑grade resources, potentially boosting reserve estimates and market valuation, while a favorable uranium price environment could accelerate financing and development for Skyharbour and its partners.

Original Description

CEO Jordan Trimble discusses Skyharbour’s 30,000+ metre 2026 drill campaign across six to seven projects, including major programs at the co-flagship Moore Lake and Russell Lake uranium projects.

With multiple partner-funded drill programs underway alongside upcoming drilling with Denison Mines and Orano, Skyharbour is positioned for a catalyst-rich year ahead.

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