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    Skyharbour Resources Ldt. - (TSX.V: SYH) *Explorer am Red Lake* - 500 Beiträge pro Seite

    eröffnet am 22.11.07 19:46:35 von
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      schrieb am 22.11.07 19:46:35
      Beitrag Nr. 1 ()
      BAIRD GOLD PROPERTY (240 acres)
      Skyharbour Resources Ltd. has a 24.5% interest in the Baird Property with Bayfield Ventures Corp. (24.5%) interest, and Goldcorp Inc. now owns the remaining (51%) interest. The Baird property lies in the central Red Lake gold belt, adjacent to the Claude Resources / Placer Dome property on the south, adjacent to the Goldcorp Parvus Project on the north and east, and adjacent to Placer Dome's Humlin property on the west. The Baird property is 6 km north of the Madsen Mine, and 14 km southwest of the Goldcorp Red Lake Mine.

      The property lies within the highly prospective Balmer Assemblage volcanic rocks and exhibits structural and alteration systems typical of the Goldcorp Red Lake and Placer Dome Campbell mines. Drilling in the 1980's by United Reef on Baird returned assay values of over 5.5 oz/ton gold over 4 feet, and over 0.6 oz/ton gold over 6 feet, among others. These showings were the focus of Skyharbour's initial drill program. The intent was to gain a greater understanding of the geologic setting where these historical grades were present.

      Skyharbour completed a 1,600 metre drill program on the Baird Property in the summer of 2002 with gold intersections of up to 0.34 oz per ton gold over 1.0 meter encountered in what is known as the North Shear Zone. The 2002 drill program also identified a potential South Shear Zone. The results from Skyharbour's 2002 drill program were the catalyst needed to convince Placer Dome to option the Baird Property and initiate a major drill program. Placer Dome funded 7,043 metres of drilling in 3 drill programs, which has identified a large fold structure, which contains the shear zones in it.

      The goal of this extensive drill program was to identify and confirm the existence of this major structural hinge (fold) feature that contained within it the North Shear Zone and the South Shear Zone. A Structure of this type is of major significance to the discovery of gold in the Red Lake camp.

      Placer Dome earned their 51% interest in the property, which Goldcorp acquired and became the operator. The 3 drill programs were carried out with the guidance and assistance of Placer Dome, which operated the high-grade Campbell Gold Mine in Red Lake. For a three year period following the formation of this 51% / 49% (Skyharbour / Bayfield) joint venture, Goldcorp will have the right to increase its interest to 65% by electing to complete a feasibility study. Should either party elect not to participate in an approved program following the formation of the joint venture, the interest of the non-participating party will be subject to dilution based on a standard formula. Should either party dilute to a 10% interest, its interest will automatically convert to a 1% NSR, half of which can be purchased at any time for $1 million.

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      schrieb am 22.11.07 19:47:10
      Beitrag Nr. 2 ()
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      schrieb am 22.11.07 19:47:50
      Beitrag Nr. 3 ()
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      schrieb am 22.11.07 19:48:37
      Beitrag Nr. 4 ()
      Skyharbour begins drilling Rainy River D2 property


      2007-10-31 09:25 ET - News Release

      Mr. Donald Huston reports

      SKYHARBOUR RESOURCES LTD.: DRILLING STARTS ON RAINY RIVER CLAIM BLOCK "D2", NW ONTARIO

      Skyharbour Resources Ltd. has mobilized a diamond drill rig to its Rainy River claim block D2 property in the Rainy River district, Northwestern Ontario. The property is located to the southwest approximately four kilometres of Rainy River Resources gold discoveries on the ODM zone and the No. 17 zone.

      Overburden drilling and geophysical surveys (magnetometer and horizontal loop electromagnetic) have been completed over the eastern portion of the property during the 2007 winter exploration program. Several targets on this block warrant diamond drilling with anticipated phase 1 drilling consisting of two to three reconnaissance holes at this time.

      Skyharbour Resources has also established a detailed grid on its Rainy River claim block E totalling approximately 25 line kilometres as a follow-up to overburden drilling completed during the 2007 winter exploration program. A detailed electromagnetic survey on claim block E will commence immediately.
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      schrieb am 22.11.07 19:49:07
      Beitrag Nr. 5 ()
      Skyharbour issues 150,000 shares, $20,000 for property


      2007-11-09 16:15 ET - News Release

      Mr. Don Huston reports

      2ND TRANCHE SHARE ISSUANCES FOR "D1", "D2", AND "E" PROPERTIES IN PATULLO AND TAIT TOWNSHIPS, RAINY RIVER, NW ONTARIO

      Skyharbour Resources Ltd. has issued a total of 150,000 common shares and paid the total sum of $20,000 in connection with three separate option agreements, each dated Nov. 30, 2007, with Rubicon Minerals Corp. and Perry English, whereby the company has been granted an option to earn a 100-per-cent interest, subject to a 2-per-cent net smelter return royalty, in the D1, D2 and E properties located in the Pattullo and Tait townships, Rainy River district, Northwestern Ontario.

      The common shares issued are subject to a four-month hold period under applicable securities laws and imposed by the TSX Venture Exchange, expiring March 8, 2008.

      In order to earn its 100-per-cent interest in the properties over the next two years, the company must make further cash payments of $36,000 and issue 100,000 common shares in connection with the D1 claim block, further cash payments of $36,000 and issue 100,000 common shares in connection with the D2 claim Block and further cash payments of $42,000 and issue 100,000 common shares in connection with the E claim block.

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      schrieb am 22.11.07 23:19:46
      Beitrag Nr. 6 ()
      schau dir in diesem Zusammenhang mal MPH VENTURES an,
      die haben auch ein JV mit Skyh. auf Heyson und ein geniales Moly-Gebiet zu 100%!

      Gruß
      IIBI
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      schrieb am 07.01.08 18:37:36
      Beitrag Nr. 7 ()
      Skyharbour completes drilling on Rainy River blocks


      2007-12-21 15:18 ET - News Release

      Mr. Donald Huston reports

      SKYHARBOUR RESOURCES LTD.: DRILLING COMPLETED ON RAINY RIVER BLOCK "D1" & "D2" CLAIMS, NW ONTARIO

      Skyharbour Resources Ltd. has completed a 2007 program of line cutting, geophysics, reverse circulation overburden drilling and diamond drilling on its Rainy River district block D1 and block D2 claim properties in Northwestern Ontario.

      Block D1 and block D2 claim properties cover 2,240 acres and are located to the southwest of Rainy River Resources' gold discoveries on its ODM zone and the No. 17 zone.

      A total of 50 line kilometres of grid were cut with a line spacing of 50 metres. Horizontal loop and magnetometer surveys were carried out over 46 kilometres of cross lines in February, 2007. A program of reverse circulation overburden drilling was carried out in February, 2007. Overburden ranged from 29 to 47.7 metres in thickness.

      Diamond drilling was carried out to test conductive geophysical responses and interpreted structures in the area up ice from sites with elevated pristine gold grain counts from the overburden drilling. A total of 2,056 metres of BQ diamond drilling in eight drill holes were completed on the properties between Aug. 29 and Sept. 23, 2007. All core has been sampled and analyzed. Core containing sulphide mineralization, alteration or veining was cut in half, with one-half sent for analysis. Indications of structure were encountered in all holes. Bedded sulphides (barren) and graphite were encountered in three of the six holes testing conductive features associated with structures on the property.

      The stratigraphy and structures hosting gold mineralization on the nearby Rainy River Resources property are believed to dip to the southwest. These structures could occur at an unknown depth on the property and were not targeted during the recent drill program. Anomalous gold values from 50 parts per billion to 300 parts per billion gold over significant widths were encountered in drill holes R7D-1, R7D-2 and R7D-5.

      The phase 1 drill program was intended to test conductive geophysical responses and interpreted structures in the area up ice from sites with elevated pristine gold grain counts from the overburden drilling. Skyharbour Resources will compile and evaluate all data from the properties and adjoining area to determine future work programs.

      David J. Busch, BA, BSc, PGeo, vice-president of exploration, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this news release.
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      schrieb am 07.01.08 18:38:24
      Beitrag Nr. 8 ()
      Skyharbour issues second payment on Precambrian claims


      2007-12-19 12:44 ET - News Release

      Mr. Don Huston reports

      2ND TRANCHE SHARE ISSUANCE FOR SOUTH BAY CLAIMS, RED LAKE, NW ONTARIO

      Skyharbour Resources Ltd. has issued 50,000 common shares and paid the total sum of $10,000 in connection with an option agreement dated Dec. 1, 2006, with Precambrian Ventures Ltd., whereby the company has been granted an option to earn a 100-per-cent interest, subject to a 2-per-cent net smelter return royalty, in 10 claim blocks consisting of 20 units (approximately 800 acres) located in the Dent and Mitchell townships, Red Lake district, Northwestern Ontario. These claims are contiguous to, and form a portion of, the company's now 3,200-acre South Bay copper-zinc project.

      The common shares issued are subject to a four-month hold period under applicable securities laws, and imposed by the TSX Venture Exchange, expiring April 13, 2008.

      In order to earn its 100-per-cent interest in the properties over the next two years, the company must make further cash payments of $32,500 and issue 200,000 common shares.
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      schrieb am 09.01.08 17:06:29
      Beitrag Nr. 9 ()
      Skyharbour, partner resume drilling at Broulan Reef


      2008-01-09 09:31 ET - News Release

      Mr. Donald Huston reports

      SKYHARBOUR RESOURCES LTD.: DRILLING RESUMES ON BROULAN REEF GOLD PROJECT, RED LAKE, NW ONTARIO

      Skyharbour Resources Ltd. has resumed drilling on its 20-per-cent-owned (Cypress Development Corp.'s 80-per-cent-owned) Broulan Reef property, located in the heart of the gold mining district of Red Lake, Northwestern Ontario.

      Cabo Drilling has remobilized its drill crew to the Broulan Reef project and will now continue to deepen the diamond drill hole BR 07-1 to approximately 2,400 metres from its current depth of 750 metres. Skyharbour and Cypress will attempt to complete the BR 07-1 mother hole within the next several weeks. The companies will then wedge several holes off the main initial drill hole. Skyharbour and Cypress anticipate the Cabo drill rig to be on the property throughout 2008. Skyharbour continues to be well finance, and able to meet all its obligations and work commitments for the upcoming year.

      BR 07-1 is designed to intersect the Balmer assemblage rock types that are host to the Bruce Channel and Finn gold zones, as reported in the latest Gold Eagle Mines Ltd. news releases in Stockwatch. The Gold Eagle Mines Bruce Channel project adjoins the Broulan Reef project immediately to the north and is on strike geologically. The other boundaries, being the east, south, west sides of the Broulan Reef property, are abutting Goldcorp claims. Goldcorp continues to carry out a major drill program to the immediate east of the Broulan Reef property with its partner, Premier Gold, on the Rahill Bonanza project.

      A map of the Broulan Reef project can be accessed through Skyharbour's website.

      "This is an important step forward in the ongoing development of the Broulan Reef project," said Donald Huston, president of Skyharbour Resources. "We believe there is an opportunity to encounter the extension of the Gold Eagle Mines deposit being delineated under the Bruce Channel. There is every reason to believe that the mineralized zone being delineated on the Gold Eagle property continues beyond the Broulan Reef north boundary."

      Skyharbour and Cypress anticipate the drilling of a second mother hole, with several diverging holes to be wedged off both main holes. The companies intend to drill up to 10,000 metres with this phase 1 deep drill program. A budget of $2.5-million is in place for the completion of this phase 1 deep penetration drill program on the Broulan Reef gold claims.

      A proposed Broulan Reef drill hole map is available on the Skyharbour's website.

      The target for the 2008 deep drill program is the Balmer assemblage rocks underlying the Bruce Channel sediments, as established during the drill program conducted on the Broulan Reef project in the summer and autumn of 2006. Dips within the Bruce Channel rocks on the west limb of the broad nose fold are approximately 45 degrees to the west. The shallow-dipping unconformity has very significant implications for the Broulan Reef property. With known points of elevations of the Balmer assemblage surface, it is projected that this rock-type horizon will be at an inferred vertical depth of between 900 metres on the eastern edge of the property and 2,000 metres on the western part of the property. At these depths, targets in the Balmer assemblage rocks are within explorable and exploitable range over most of the property.

      The new Red Lake gold deposits map is available at the Skyharbour website.
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      schrieb am 21.02.08 16:49:22
      Beitrag Nr. 10 ()
      Skyharbour surveys claim block E at Rainy River


      2008-02-21 09:57 ET - News Release

      Mr. Donald Huston reports

      SKYHARBOUR RESOURCES GEOPHYSICAL PROGRAM UNDERWAY ON RAINY RIVER CLAIM BLOCK "E", NW ONTARIO

      Skyharbour Resources Ltd. has initiated its 2008 winter exploration program on its claim block E property located in Pattullo township to the west of the Rainy River Resources delineation drilling of its No. 17 gold zone and No. 433 polymetallic zone in the Rainy River district of Northwestern Ontario.

      A tightly spaced, line-cut grid consisting of approximately 30 kilometres has been established on the claim block E property. Skyharbour Resources has contracted a detailed magnetometer survey and an electromagnetic (EM) survey with Dan Patrie Explorations, and the geophysical survey is now in progress. The geophysical program is designed to establish targets that will be diamond drilled. The property has a large area of low-lying acreage and swampland, so the work program is designed to use winter access to the maximum and to allow a comprehensive drill program to be carried out in early spring.

      David J. Busch, BA, BSc, PGeo, vice-president of explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this news release.
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      schrieb am 04.03.08 18:25:43
      Beitrag Nr. 11 ()
      Skyharbour begins South Bay drilling program


      2008-02-25 07:07 ET - News Release

      Mr. Don Myers reports:

      SKYHARBOUR RESOURCES' DRILLING PROGRAM BEGINS ON SOUTH BAY CU-ZN-AG PROJECT, RED LAKE, NW ONTARIO

      Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (the "Company") announces the start of its drilling program on its 100% owned South Bay copper-zinc-silver project, located in Dent and Mitchell Townships about 80 km east-northeast of Red Lake, Northwestern Ontario. The 3,200 acres property covers the former South Bay copper-zinc-silver mine which produced 1.6 million tons of ore grading 2.3% Cu, 14.5% Zn, and 3.5 oz/t Ag (Selco 1978).

      South Bay Claims Map, NW Ontario: http://www.skyharbourltd.com/s/Image.asp?i=maps/SYH_South_Ba…

      Several ice pads have been constructed to accommodate the diamond drill rig with approximately 8 sites. Ice roads have been constructed to allow for movement of the drill crews from camp to the drill sites. At this time, there is approximately 30 inches of blue ice at all drill pads on Confederation Lake.

      In preparation for the drilling program, Skyharbour completed a Quantec "Titan-24" geophysical survey over the property in February 2007. A total of 22 line kilometres were surveyed. The primary objective of the Titan-24 survey was to identify Direct Current, Induced Polarization (DCIP) and Magnetotelluric (MT) anomalies, which may represent copper-zinc-silver Volcanic Massive Sulfide (VMS) mineralization similar to the South Bay copper-zinc-silver deposit. The Titan-24 survey responses over the South Bay Mine deposit were used as a "Calibration Model" for prioritizing anomalies in the area.

      The known VMS base metal deposits in the Confederation assemblage are found in and near volcanic centres and are reflected by the presence of coarse rhyolitic breccias intruded by sub-volcanic quartz porphyries. The largest known deposit of this type in the area was the South Bay Mine which produced 1.6 million tons of ore grading 2.3% Cu, 14.5% Zn, and 3.5 oz/t Ag (Selco 1978). This deposit was mined from 1970 to 1982 to a depth of approximately 500 metres.

      Past drilling has generally tested targets to depths of 300 metres with the odd drill hole being deeper. The Titan 24 survey was chosen for its 600+ metre depth penetration. The Titan 24 survey covered a conceptually favorable target area featuring pervasive sodium depletion crosscutting stratigraphy and a regional acid-mafic lithologic contact. The survey has successfully identified at least 11 anomalous zones that have been recommended for a follow-up drill program. Four of these zones have been classified as first priority targets (TA-1, 2, 3, and 4). These drill targets show a strong IP response coincident with DC and/or MT low resistivity; this signature is consistent with stringer to massive sulfide mineralization and alteration zones (i.e. similar to the South Bay Mine response).

      Three dimensional modeling of the geophysical responses and known past drilling show that most of the targets have not been tested at all, or were very poor tests of the Titan 24 anomalies.

      South Bay "Titan 24" Drill Targets Movie Clip: http://www.skyharbourltd.com/s/SouthBay.asp?ReportID=147346

      Skyharbour Resources is initially planning a drilling program consisting of 10 holes totaling 5000 metres to test the high priority Titan 24 anomalies. Probing of all holes is also planned to further define the targets.

      David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.

      About Skyharbour Resources Ltd.:

      Skyharbour Resources Ltd. is a gold and base metal exploration company developing projects in the RED LAKE and RAINY RIVER districts of northwestern Ontario, Canada.

      To find out more about Skyharbour Resources Ltd. (TSX-V: SYH), visit the Company's website at www.skyharbourltd.com.

      ON BEHALF OF THE BOARD OF DIRECTORS

      "Don Huston" DONALD C. HUSTON President


      For further information contact myself or:
      Don Myers
      Skyharbour Resources Ltd.
      Director
      Telephone: 604-687-3376
      Toll Free: 800-567-8181
      Facsimile: 604-687-3119
      Email: info@skyharbourltd.com


      THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

      This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

      We seek Safe Harbor.


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