July 8, 2019

Skyharbour Announces UAV-MAGTM Airborne Geophysics Surveying on its High Grade Moore Uranium Project

Vancouver, BC – Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB: SYHBF) (Frankfurt: SC1P) (the “Company”) is pleased to announce the commencement of an Unmanned Aerial Vehicle Magnetometer Survey (“UAV-MAGTM Survey”) to be completed by Pioneer Aerial Surveys Ltd. (“Pioneer”) on the Company’s 35,705 hectare Moore Uranium Project, located approx. 15 km east of Denison Mine’s Wheeler River project on the southeast side of the Athabasca Basin, Saskatchewan. The survey will be flown as an enhancement to the UAV-MAGTM survey that was flown over the Maverick structural corridor in 2018 which has aided in refining drill targets and specifically those targets in the basement rocks. The Maverick structural corridor is host to several high grade uranium zones including the Main Maverick Zone where previous drilling has returned 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres in hole ML-199.

Moore Uranium Project Claims Map:

This latest survey will consist of approx. 402 line km at 20 metre spacing and will utilize Pioneer’s latest terrain following and magnetic systems to enhance data provided by the UAV-MAGTM survey previously flown in 2018. The new survey will help better identify high-priority, cross-cutting features, and structures along the Maverick conductor corridor. Identification of these features will help refine and identify current and additional drill targets for the upcoming summer/fall 2019 diamond drill program at Moore. This enhanced UAV-MAGTM survey will provide for a high definition survey at a lower cost using drones. Only 2 km of the total 4 km long Maverick corridor have been systematically drill tested leaving robust discovery potential along strike as well as at depth in the underlying basement rocks which have seen limited drill testing historically. With this survey, Skyharbour continues to unlock the discovery potential at Moore through value-add, systematic and cutting-edge exploration techniques.

Moore Uranium Project Maverick Corridor:

Pioneer has extensive experience flying Unmanned Aerial Vehicle (“UAV”) based magnetometer and remote sensing surveys for the mining and exploration sector and has successfully flown over 12,000 line km in surveys across North America. Pioneer is leading the industry in UAV remote sensing for mineral exploration, mine site surveys and safety inspections. Their UAV systems are some of the most advanced in the world, custom built in Canada and capable of long flights and diverse sensor payloads.

Please read the complete press release at the following link: LINK