Skyharbour’s Partner Mustang Energy Corp. Announces Results of TDEM Survey Over the 914W Property

Core Insights - Skyharbour Resources Ltd. announced that its partner Mustang Energy Corp. received positive results from a high-resolution HTDEM survey at the 914W Uranium Project, indicating a well-developed conductive zone favorable for uranium mineralization [1][4][5] Project Overview - The 914W Project covers 1,260 hectares and is located approximately 48 km southwest of Cameco's Key Lake Operation, with road access provided by Highway 914 [12] - The project is situated in a region known for its mineral potential, particularly for unconformity-type uranium mineralization [1][12] Survey Results - The HTDEM survey covered 136 line-km and successfully mapped electromagnetic, magnetic, and radiometric variations related to uranium-bearing structures [4] - Early-time channels showed strong EM responses indicating shallow conductive zones, which may represent graphitic horizons or fault-controlled alteration zones, key features for uranium exploration [5][6] - Inversion modeling indicated consistent conductive features from depths of 50 m to 350 m, with a strong conductive zone trending east-northeast across the property [6] Soil Sampling Program - A soil sampling program conducted in May 2025 collected 142 soil samples and 25 rock samples, focusing on areas with no outcrop exposure [7] - Although no significant discoveries were made, five soil samples from the southern portion of the grid exceeded 4 ppm U, indicating slightly elevated uranium values [8][9] Historical Context - The 914W Project has seen limited modern exploration despite its proximity to Highway 914 and prospective geology, with historical work dating back to 1968-1970 [13] - Previous prospecting in the area led to the discovery of significant uranium values, including up to 1,288 ppm U in drill holes [13] Company Background - Skyharbour Resources Ltd. holds a portfolio of uranium exploration projects in the Athabasca Basin, covering over 616,000 hectares [16] - The company is advancing its projects through exploration and drilling programs, aiming to maximize shareholder value through new mineral discoveries [20]