08:40 AM EDT, 06/10/2025 (MT Newswires) -- Skyharbour Resources ( SYHBF ) reported Tuesday high-grade intersections from remaining assays under its late 2024 diamond drilling program at the Moore uranium project in Saskatchewan.

According to a statement, highlights included 6.4 meters of 1.50% uranium, including 4.74% uranium over 1.5 meters, from hole ML24-15. The drill hole extended the high-grade Maverick East Zone over 40 meters to the northeast, the company said.

"The drill result demonstrates the high-grade, shallow nature of uranium mineralization and opens up the area to additional drilling and potential resource expansion," said Jordan Trimble, president and CEO of Skyharbour Resources ( SYHBF ).

Skyharbour said it plans to continue advancing Moore through additional drilling this summer. The company is also launching multi-phased drill programs at the adjacent Russell Lake uranium project.

"We are preparing for another phase of low-cost drilling this summer at Moore to further delineate the numerous high-grade zones of uranium on the Maverick Corridor, and we also plan to test prospective regional targets that have had limited drill-testing historically," Trimble said.

Skyharbour's share price rose $0.005 or 1.5% on Monday to $0.335 on the TSXV.