Jordan Trimble Of Skyharbour Resources On Exploration Partnerships And Upcoming Drill Programs
At Canvest, the Investing News Network had a chance to chat with Jordan Trimble, president and CEO of Skyharbour Resources. He discussed the various projects his company is working on and what to expect from it in the coming months.
At the recent Canadian Investor Conference, held in Vancouver on May 31 and June 1, the Investing News Network had a chance to chat with Jordan Trimble, president and CEO of Skyharbour Resources (TSXV: SYH), about the various projects his company is working on and what to expect in the coming months. Speaking first about the company's 100-percent-owned Falcon Point project on the east side of the Athabasca Basin, Trimble said that assay results from the first drill program there are expected back in just a few weeks and will determine what is done there moving forward. "Visually, we were very happy with what we were seeing in the core. Saw some radioactivity, and that is very encouraging. Geologically, the project, and in particular the deposit area, is similar to what you see at Eagle Point, which is a producing mine that Cameco (TSX:CCO,NYSE:CCJ) has had in operation for many decades now," Trimble said. "One opportunity we have is to go back into another target area on that project that has historical grab samples that returned up to 48 percent U3O8 — so very, very high uranium mineralization." Skyharbour has also been busy at the Preston project, which it operates and owns with its three partner companies: Athabasca Nuclear (TSXV:ASC), Noka Resources (TSXV:NX) and Rojo Resources (TSXV:RJ). They formed the Western Athabasca Syndicate in the summer of 2013 and now hold one of the largest land packages in the Athabasca Basin. "The idea is to bring in multiple groups with their own geological, technical teams, so you have synergies there and to also mitigate the risk across a number of companies versus one company trying to raise $5 or $6 million in this market, which is near impossible right now," he explained.