08:23 AM EDT, 10/23/2024 (MT Newswires) -- Skyharbour Resources Ltd. ( SYHBF ) , which lost 3% yesterday, on Wednesday announced that it has completed its earn-in requirements to earn a 51% interest in the Russell Lake Uranium Project, located in Northern Saskatchewan, Canada, as per an option agreement with Rio Tinto Exploration Canada Inc..

A statement noted the Project is strategically located in the central core of the Eastern Athabasca Basin adjacent to regional infrastructure, including an all-weather road and powerline. Wednesday's statement noted Skyharbour will also be commencing an upcoming fall drill program which will consist of near 4,000-5,000m at the project.