Skyharbour Strengthens Team with Expert Geoscientist Appointment

Skyharbour Resources Ltd. Welcomes New Vice President of Exploration

Skyharbour Resources Ltd. (TSX-V: SYH) has recently made a significant move by appointing Serdar Donmez as Vice President of Exploration. With a wealth of knowledge and expertise in uranium exploration, particularly within the renowned Athabasca Basin, this decision marks a strategic enhancement to the company’s leadership team.

Serdar Donmez: A Veteran in Uranium Exploration

Mr. Donmez comes to Skyharbour with nearly two decades of experience in the uranium sector, having contributed to several critical exploration projects in regions such as Saskatchewan and Zambia. His comprehensive background includes an Engineering Degree in Geology and registration as a Professional Geoscientist with the Association of Professional Engineers and Geoscientists of Saskatchewan. His proficiency aligns perfectly with the ambitious exploration goals of Skyharbour.

Previous Successes at Denison Mines

Prior to joining Skyharbour, Mr. Donmez was part of Denison Mines Corp. for 17 years, where he played a crucial role in developing prominent uranium exploration initiatives. His work on the Phoenix and Gryphon uranium deposits at Denison’s Wheeler River project exemplifies his capabilities, leading projects from discovery through to detailed feasibility studies.

High-Grade Discoveries and Upcoming Drilling Initiatives

Mr. Donmez's experience with in-situ recovery mining techniques and high-grade uranium deposits will greatly benefit Skyharbour, particularly in their exploration projects at Moore Lake and Russell Lake. Recent drill programs at these sites have revealed promising high-grade sandstone-hosted uranium mineralization. Currently, Skyharbour is undertaking a fully-funded drill program of 2,500 meters at Moore and plans for an additional 4,000-5,000 meters at Russell.

Expanding Exploration Efforts

Beyond his previous roles, Mr. Donmez also served as Vice President of Exploration at 92 Energy Ltd. until its acquisition in April 2024. His transition into the role of Director of Exploration allowed him to engage in strategic target generation for notable drilling programs in Nunavut and Saskatchewan, enhancing his already robust expertise in uranium exploration.

Quotes from Leadership

Jordan Trimble, President and CEO of Skyharbour, expressed enthusiasm about Mr. Donmez's appointment, stating, "Serdar brings a wealth of expertise and specific knowledge which is invaluable as we focus on new discoveries and resource delineation in the Athabasca Basin." This highlights the confidence that Skyharbour has in Mr. Donmez's ability to drive their projects forward.

Skyharbour’s Strong Position in the Market

Skyharbour Resources holds a diverse range of uranium exploration projects within Canada's Athabasca Basin. The company is strategically positioned to leverage the positive trend in uranium market fundamentals, possessing a total of twenty-nine projects, with ten already drill-ready, encompassing more than 580,000 hectares of land.

Among these, the Moore Uranium Project stands out, featuring high-grade mineralization that has returned outstanding drill results. Skyharbour's recent acquisition from Denison Mines enhances its capabilities to advance these valuable projects. This ongoing exploration not only aims to boost shareholder value but also strives for long-term sustainability through fruitful partnerships and significant mineral discoveries.

Collaborative Efforts with Industry Partners

Skyharbour's joint ventures with leading companies such as Orano Canada Inc. and Azincourt Energy ensure substantial investment into exploration activities. With over $33 million in partner-funded exploration budgeted, the company is set to expand its exploration efforts phenomenally, making significant strides in their initiatives.

Conclusion

With the appointment of Serdar Donmez, Skyharbour is poised to increase its impact on the uranium market, tapping into his rich experience and innovative approach to exploration. The company's commitment to uncovering new discoveries continues unabated, with a clear focus on high-grade uranium projects within the favorable environment of the Athabasca Basin.

Frequently Asked Questions

What role has Serdar Donmez been appointed to at Skyharbour?

Serdar Donmez has been appointed as the Vice President of Exploration, where he will enhance the company's uranium exploration efforts.

What is Serdar Donmez's background in geosciences?

Mr. Donmez possesses an Engineering Degree in Geology and is a registered Professional Geoscientist with extensive experience in uranium exploration and development.

Why is Skyharbour optimistic about Mr. Donmez's appointment?

His substantial experience, particularly in the Athabasca Basin, aligns with Skyharbour’s initiatives, making him a valuable asset for new discoveries.

What specific projects will Mr. Donmez be working on?

He will focus on key projects such as Moore Lake and Russell Lake, which have recently shown promising high-grade uranium results.

How does Skyharbour plan to advance its uranium exploration projects?

Skyharbour has a fully-funded drill program and collaborative efforts with industry partners, aiming to maximize shareholder value through extensive exploration activities.

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