Skyharbour and JV Partner Orano Announce Extensive Exploration and Drilling Plans for 2026 at Preston Uranium Project

Core Viewpoint - Skyharbour Resources Ltd. and its joint-venture partner Orano Canada Inc. are set to undertake a significant exploration and drilling program at the Preston Uranium Project in 2026, building on previous successful results and targeting high-priority areas for uranium mineralization [1][4]. Exploration Program Overview - The 2026 exploration campaign will include an Airborne Gravity Gradiometry (AGG) survey covering the northern priority corridor, followed by detailed ground gravity surveys and a summer drilling campaign of approximately 3,500 metres [2][3]. - The AGG survey aims to refine gravity lows, identify structural trends, and delineate potential hydrothermal or alteration-related footprints across the property [2]. Drilling Details - The proposed diamond drilling program will consist of approximately 3,000 to 3,500 metres across about ten helicopter-supported drill holes, each averaging around 300 metres in depth [3]. - Drilling will focus on high-priority anomalies and structural corridors associated with uranium mineralization, particularly in the northern FSAN area and the underexplored Area B conductive corridor [3]. Budget and Objectives - The budget for the 2026 program will cover airborne and ground gravity surveys, drilling, helicopter support, logistics, and analytical work, aimed at advancing geological understanding and generating new drill targets [4]. Previous Exploration Success - The 2025 exploration program at the Preston Uranium Project was completed successfully, involving 5,565 metres of drilling across 17 holes, focusing on high-priority target areas [5][13]. - Notable results from the 2025 program included the confirmation of multiple graphitic shear zones and structural corridors, particularly in the Canoe Lake and FSAN grids, which are now prioritized for further exploration [13]. Joint Venture Structure - Orano Canada Inc. holds a 74.7% interest in the Preston Uranium Project and serves as the operator, while Skyharbour retains a 25.3% minority interest [1][16].