Skyharbour Kicks Off 8,000m Drill Campaign at High-Grade Moore Uranium Project
Event summary
- Skyharbour has commenced a multi-phased 2026 drill campaign at its Moore Uranium Project, targeting 8,000–10,000 metres of diamond drilling.
- The Phase I program will consist of 4,000–5,000 metres in 10–12 drill holes, focusing on the Nomad Zone and other high-priority targets.
- Skyharbour has received a renewed three-year drill permit valid through March 2029.
- The company is using AI-assisted prospectivity modeling to refine drill targeting across the project.
The big picture
Skyharbour's aggressive drill campaign at the Moore Uranium Project comes as uranium prices show signs of stabilization and long-term demand prospects improve. The project's proximity to Denison Mines' Wheeler River project and Cameco's McArthur River mine underscores its strategic position in one of the world's most prolific uranium districts. With industry-leader partners like Denison and Orano involved in adjacent properties, Skyharbour is well-positioned to attract further attention from strategic investors.
What we're watching
- Drilling Results
- How the Phase I drilling results at the Nomad Zone and other targets will validate the project's high-grade potential.
- AI Targeting
- Whether AI-assisted prospectivity modeling can significantly improve exploration efficiency and success rates.
- Market Dynamics
- The pace at which improving uranium market fundamentals will translate into higher valuations for exploration-stage projects like Moore.
Related topics