Skyharbour Resources Ltd. : Skyharbour Resources Ltd. : Skyharbour Acquires Significant U3O8 Land-Package in Patterson Lake Area

 Skyharbour Resources Ltd. : Skyharbour Resources Ltd. : Skyharbour Acquires
   Significant U3O8 Land-Package in Patterson Lake Area & Eastern Athabasca
                         Basin, Northern Saskatchewan

     Suite 2230 - 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8

    TSX-V Trading Symbol: SYH


March 20, 2013

Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTC Pink: SYHBF)  (the 
"Company") is pleased to announce it has acquired a large portfolio of mineral
claims comprising six  uranium properties  in approximately  209,000 acres  of 
land in the Athabasca Basin region, northern Saskatchewan.

Five of the properties consisting of  197,000 acres of prospective ground  are 
strategically located  near  the  Alpha Minerals  (TSX-V:  AMW;  "Alpha")  and 
Fission Energy (TSX-V:  FIS; "Fission") Patterson  Lake South discovery  area. 
The Athabasca Basin hosts the  world's largest and richest high-grade  uranium 
deposits accounting for  approximately 20% of  global primary uranium  supply. 
There are  still many  areas in  the region  that are  highly prospective  and 
underexplored as illustrated by  the new high-grade  uranium discovery at  the 
Patterson Lake South property.

                 Skyharbour's Patterson Lake Area Properties:

The Patterson  Lake area  has received  escalating exploration  attention  and 
claim acquisition activity as a result of  the new discovery made by of  Alpha 
and Fission which included a drill interval that returned 2.49% U3O8 over 12.5
metres. This  discovery  demonstrates  the potential  for  high-grade  uranium 
mineralization on the margins of the western side of the Athabasca Basin where
significantly less exploration has  been carried out  compared to the  eastern 
side of  the Athabasca  Basin. Skyharbour  has acquired  its land  package  at 
acquisition cost in which roughly half of the land was staked directly by  the 
Company and the other half was staked  by an arms-length party and is  subject 
to a 2% NSR.

With approximately $1 million in the treasury, Skyharbour will now examine and
compile all available historic and related mineral exploration data associated
with the  acquired  properties in  anticipation  of uranium  exploration  work 
programs this year.

With excellent  supply-demand  fundamentals underpinning  uranium,  Skyharbour 
intends to build upon its portfolio of uranium projects in the Athabasca Basin
as well as in other prolific uranium districts.

Skyharbour's Patterson Lake Properties:

The Company has acquired five properties in the Patterson Lake region totaling
roughly 197,000 acres making it one of the largest land positions in the area.
Two of these  properties, North  Patterson and RY,  are strategically  located 
approximately 27 km  and 35 km  respectively to the  north of  Fission/Alpha's 
Patterson Lake  South project  claim boundary  and cover  prospective  geology 
within the  Athabasca Basin  sandstones  including NE-SW  regional  structural 
trends. There  are  two  properties  approximately  15  km  to  the  south  of 
Fission/Alpha's Patterson  Lake South  project claim  boundary that  are  road 
accessible via all-weather Highway  955 which runs north  to the former  Cluff 
Lake mine  (>  60M lbs  of  U3O8 produced).  The  fifth property  acquired  by 
Skyharbour is approximately 90 km east of the discovery and is situated  along 
the unconformable contact between basement rocks and the Athabasca Basin. With
this significant land package, the Company is well positioned in this emerging
area to the north, south and east of the recent high grade uranium  discovery. 
Other regional operators in the area include Cameco Corp., Areva, and  Denison 

Uranium mineralization is associated with granitic plutons, stocks, pegmatites
and other felsic gneiss of the  Archean basement rocks of the Athabasca  Basin 
in this region. The  uranium is trapped in  both pre-Paleozoic sandstones  and 
carbonaceous units of  the Manitiou Falls  Formation (like Cigar  Lake on  the 
Eastern Flank of the Basin) and within younger Cretaceous age silty sandstones
within and on  the flanks of  the Basin  (like the high  grade Patterson  Lake 
South uranium discovery).  Skyharbour has  at least  two target  types on  its 
recently acquired land in the Patterson Lake region including pegmatite hosted
uranium as  well as  silty  sandstone hosted  mineralization in  the  McMurray 

                       Patterson Lake Regional Geology:

Skyharbour's Eastern Athabasca Basin Property - Wheeler Project:

Skyharbour's 11,769 acre Wheeler  Project is located in  the Eastern Flank  of 
the Athabasca Basin and has three uranium showings on the property. Initially,
a northeast-trending  train  of radioactive  boulders  was located  which  was 
traced to the source mineralized outcrop. Grab sample assay values range  from 
10 ppm  to  0.495%  U3O8.  The  mineralization  is  contemporaneous  with  the 
formation of  the  pegmatoid rocks  and  uranium mineralization  is  scattered 
uraninite grains  enclosed in  fresh and  weakly altered  biotite, quartz  and 

The Wheeler project has two obvious targets for immediate exploration. First,
the known,  outcropping,  pegmatite hosted  uranium  mineralization  mentioned 
above, and  second, Cigar  Lake  style uranium  mineralization hosted  at  the 
regional,  unconformable  contact  between  the  Archean  age  pegmatites  and 
overlying basin fill sedimentary units.

Qualified Person:

Robert Marvin, P.Geo., CPG, geologist  for Skyharbour is the Qualified  Person 
as defined  by  National Instrument  43-101  and has  approved  the  technical 
information in this release.

About Skyharbour Resources Ltd.:

Skyharbour Resources  Ltd.  is a  uranium,  gold and  base  metal  exploration 
company with projects in the Athabasca  Basin of northern Saskatchewan and  in 
Red Lake, northwestern  Ontario, Canada.  The Company has  approx. 35  million 
shares outstanding.

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


"Jim Pettit"

James G. Pettit


For further information contact myself or:
Jordan Trimble
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119


This news release  may contain certain  "Forward-Looking Statements" that  may 
involve a number of  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.  For 
a more  detailed discussion  of such  risks and  other factors,  refer to  the 
Company's  filings   with   Canadian  Securities   regulators   available   on


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Source: Skyharbour Resources Ltd. via Thomson Reuters ONE
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