VANCOUVER, British Columbia, March 17, 2016 (GLOBE NEWSWIRE) -- Skyharbour Resources Ltd. (TSX-V:SYH) (OTC Grey:SYHBF) (Frankfurt:SC1N) (the “Company”) is pleased to announce the addition of Mr. Andreas Norlin as a member of the Company’s Advisory Board.
Mr. Norlin is the founder and Managing Director of the International Thorium Energy Organization, an international and multi-stakeholder advocacy platform with the goal of facilitating the pathway to power the world with thorium fueled nuclear energy. Through the organization, Mr. Norlin has aided development in the area of nuclear energy since 2009 with a continuously growing community of nuclear proponents. He has a vision to power the world with clean, safe and affordable energy. Mr. Norlin has a background in Physics and Technology Development from Lund University and has been published in Nature. He also holds a patent for a laser plasma wakefield accelerator technology he developed in laboratories at Ecole Polytechnique in Paris. Through his unique network and experience in the fields of energy, nuclear and thorium he can advise on related matters.
Jordan Trimble, President and CEO of Skyharbour Resources, stated: "We would like to welcome Andreas to our Advisory Board as he is a highly respected thorium expert having founded the International Thorium Energy Organization. Through his unique network and experience in the fields of energy, nuclear and thorium he can advise the Company on related matters. Skyharbour is committed to building a preeminent uranium and thorium company with a strong, diversified management and advisory team.”
About Skyharbour Resources Ltd.:
Skyharbour holds interest in an extensive portfolio of uranium and thorium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with four drill-ready projects. The Company owns a 100% interest in the Falcon Point (formerly Way Lake) Uranium Project on the east side of the Basin which hosts an NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. The project also hosts a high grade surface showing with up to 68% U3O8 in grab samples from a massive pitchblende vein, the source of which has yet to be discovered. Skyharbour has a 50% interest in the large, geologically prospective Preston Uranium Project proximal to Fission Uranium’s Triple R deposit as well as NexGen Energy’s Arrow deposit. The Company’s 100% owned Mann Lake Uranium project on the east side of the Basin is strategically located adjacent to the Mann Lake Joint Venture operated by Cameco with partners Denison Mines and AREVA where high-grade, basement-hosted uranium mineralization was recently discovered. Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.
To find out more about Skyharbour Resources Ltd. (TSX-V:SYH) visit the Company’s website at www.skyharbourltd.com.
SKYHARBOUR RESOURCES LTD.
President and CEO
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Skyharbour Resources Ltd.
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This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.
Source:Skyharbour Resources Ltd