September
12, 2007
NEWS RELEASE
Drill Program Planned for South
Bay Project, Red Lake, Ontario
Vancouver, BC – Skyharbour Resources Ltd. (TSX-V:
SYH) (the “Company”) announces that it is
preparing to mobilize a diamond drill to its South Bay property located in
Dent and Mitchell Townships, Northwestern Ontario. The property covers the
former South Bay copper-zinc mine site. The South Bay
property is located about 80 km east-northeast of Red
Lake, Northwestern Ontario with
access via the South
Bay road (hwy #657).
South Bay Claims Map:
http://www.skyharbourltd.com/s/Image.asp?i=
maps/SYH_South_Bay_Map_new.jpg
In
preparation for the drill program, the Company has completed a Quantec
“Titan-24” geophysical survey over the property in Feb. 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 Volcanic Massive Sulfide (VMS) mineralization similar to the
South Bay copper-zinc 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
follow-up work programs. Four of these zones have been classified as first
priority (TA-1, 2, 3, and 4). These 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 diamond 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
Previous
surface diamond drilling near one of the current targets was conducted in
2000 by Nuinsco Exploration Ltd. Two holes totaling 980 metres were drilled
to explain Pulse EM anomalies. Best mineralization in hole #1 averaged 0.71%
Zn over a 19.85 metre zone within which was a zone that assayed 1.81% Zn over
4.15 metres. Another section contained in the same hole graded ..42% Zn
over 6.7 metres and also contained two narrow higher grade intervals of
4.21% Zn over 0.45 metres and 2.2% over 0.4 metres.
Skyharbour
Resources is initially planning a drill 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
|