The preston Property is situated near to Fission Uranium’s shallow, high-grade Triple R deposit, as well as NexGen Energy’s Arrow discovery in the Patterson Lake region in Northwestern Saskatchewan.

The company found six high priority targets on which ground-based HLEM surveys were undertaken based on the combined results of the 2014-2015 gravity and RadonEx surveys.

Grids totaling 12.5 line-km were surveyed at the syndicate’s FSA, FIN, Dixon, and Canoe targets.

Skyharbour said the HLEM surveys have confirmed the presence of moderate to strong steep southeast-dipping conductors underlying the FSA, Dixon and Canoe targets.

Skyharbour owns stake in a portfolio of uranium and thorium exploration projects covering more than 350,000ha in Athabasca Basin.

The company operates the Western Athabasca Syndicate which controls a large, geologically prospective land package featuring five properties in the Athabasca Basin of Saskatchewan.

Skyharbour also holds a 100% stake in the Falcon Point uranium project and a 60% interest in the Mann Lake Uranium project, both located on the east side of the Basin.