Skyharbour Resources Ltd.

Skyharbour Resources Ltd.

January 29, 2007 09:00 ET

Skyharbour Resources Ltd.: Geophysical Program Commences, Diamond Drill Program to Begin on South Bay Copper-Zinc Project, NW Ontario

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 29, 2007) - Skyharbour Resources Ltd. (TSX VENTURE:SYH) (the "Company") announces that it has now contracted a geophysical program for the Company's 100% owned 3,200 acres South Bay copper-zinc project located in the Dent and Agnew Townships, Red Lake District, northwestern Ontario. The South Bay project covers the South Bay copper-zinc deposit and adjoining ground. The South Bay deposit was mined by Selco between 1970 and 1982 and produced approximately 1.6 million tons of 1.5% copper and 10% zinc.

Claims Map:

The Company has now commenced the establishment of a linecut grid (approx. 30 km) to be followed by a detailed Titan 24 DCIP & MT geophysical program contracted to Quantec Geoscience Ltd. that will further enhance the known conductors on the South Bay claims in preparation for a diamond drill program scheduled for March 2007. The Titan 24 survey will commence January 31, 2007. The Titan 24 geophysical survey is designed to locate potential sulphide rich zones and / or associated alteration at depth and allow for mapping the resistivity and chargeability of the subsurface to significant depths, assisting geologic interpretations.

Previous exploration on the South Bay property in 2000 consisted of a Crone REM geophysical survey and was followed with limited diamond drilling. One hole drilled by Nuinsco in 2000 intersected mineralization of .72% zinc over 20 metres with a higher grade zone of 1.81% zinc over 4.15 metres.

Skyharbour Resources believes there is significant potential to identify new deposits on the South Bay property. This alteration crosscuts stratigraphy. The western margin of the alteration coincides with a major lithological break between acid and mafic volcanics and is the principle target area. Current geophysical methods allow exploration to depths of up to 1000 metres, opening up a very large prospective area for further exploration.

Skyharbour will conduct an aggressive exploration program on its South Bay project throughout the winter of 2007. Data compilation of past programs has been completed and the Company is ready to go forward at the beginning of January 2007.

About Skyharbour Resources Ltd.:

Skyharbour Resources is a mineral exploration company that focuses on the acquisition and exploration of projects in Northwestern, Ontario. The Company has options or interests in 11 gold or base metal properties located in the Red Lake and Rainy River greenstone belt.

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


Don Huston, President

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.

The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

Contact Information

  • Skyharbour Resources Ltd.
    Don Huston
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)
    Skyharbour Resources Ltd.
    Don Myers
    VP Corporate Communications
    (604) 687-3376 or Toll Free: 1-800-567-8181
    (604) 687-3119 (FAX)