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2015-04-15

Skyharbour Resources Ltd. : Discovers Significant Radon and Gravity Low Anomalies at Preston Uranium Project in the Patterson Lake Region of the Athabasca Basi

TSX-V Trading Symbol: SYH

Email:info@skyharbourltd.com

Telephone: (604) 687-3376

Facsimile: (604) 687-3119

April 15, 2015 -
Vancouver, BC - Skyharbour Resources Ltd.
(TSX-V: SYH)(OTC Grey: SYHBF)(Frankfurt:SC1N) (the "Company") is pleased to
provide an update and report results of gravity and radon (RadonEx) surveys
completed as part of the Western Athabasca Syndicate's (the "Syndicate")
Winter Field Program at the Preston Uranium Project. The Preston Property is
strategically located proximal to Fission Uranium's shallow, high grade
Triple R deposit as well as NexGen Energy's Arrow discovery in the Patterson
Lake region in Northwestern Saskatchewan.

Preston Uranium Property Map and Regional Exploration Corridors:
http://skyharbourltd.com/_resources/SYH_Regional_Corridors.jpg

The 1,234 station gravity survey was completed over four grids in the Depper
Lake area including one at the FIN target, one at the FSA target and two at
the Dixon target. A total of seven circular gravity low anomalies were
detected by the survey, located along prospective coincident EM conductors
and magnetic breaks defined by the 2014 airborne VTEM survey. RadonEx radon
surveys were subsequently completed over these seven gravity anomalies as
well as at four additional gravity anomalies identified in 2014 at the Canoe
target which is also endowed with coincident gravity, magnetic and EM anomaly
features. The 273 station RadonEx survey returned significant radon cluster
anomalies with up to 0.40 pCi/m2/sec in soil (RFM samples), and up to 10.36
pCi/l in water. For comparison, anomalous radon in soil results at Fission's
nearby PLS deposit range between 0.15 and 0.95 pCi/m2/sec, and anomalous
radon in water results range between 2 and 13.3 pCi/l.

Preston Uranium Project - 2015 Winter Program Target Areas:

http://skyharbourltd.com/_resources/pdf/NR_Map_20150218.pdf

Based on the combined results of the 2014-2015 gravity and RadonEx surveys,
six high priority targets have been identified and will be subjected to
ground based horizontal loop electromagnetic (HLEM) surveys. Grids totalling
12.5 line-km, are currently being surveyed at the FSA, FIN, Dixon, and Canoe
targets. The combined results of these surveys will be used to prioritize and
refine targets for a proposed drill program this summer at Preston.

2015 Winter Program Radon Survey Results and HLEM Survey Plan:

http://www.skyharbourltd.com/_resources/maps/FIN_Radon_Gravity_Results.jpg

http://www.skyharbourltd.com/_resources/maps/Dixon_Radon_Gravity_Results...

http://www.skyharbourltd.com/_resources/maps/FSA_Radon_Gravity_Results.jpg

http://www.skyharbourltd.com/_resources/maps/Canoe_Radon_Mag_Results.jpg

The Syndicate has carried out one of the largest regional exploration programs
in the relatively underexplored south-western side of the Athabasca Basin
over the last eighteen months. A total of approx. $4 million in expenditures
on the Preston Uranium Project has been incurred including ground gravity,
airborne and ground EM and magnetics, radon, soil, silt, biogeochem, lake
sediment, and geological mapping surveys, as well as boulder prospecting and
a nine hole exploratory diamond drill program. Fifteen high-priority drill
target areas associated with eight prospective exploration corridors have
been successfully delineated through this methodical, multi-phased
exploration initiative which has culminated in an extensive, proprietary
geological database for the project area. Skyharbour is the operator of the
Western Athabasca Syndicate.

Preston Uranium Property High Priority Target Areas:
http://skyharbourltd.com/_resources/SYH_Feb2014_Exploration.jpg

The 246,643 hectare Preston Uranium Property is the largest individual
property proximal to Fission Uranium's Triple R deposit and the recent
discovery made by NexGen Energy on the Rook-1 Project. The tremendous
potential of the area is highlighted by the recently reported results from
Fission Uranium's Patterson Lake South property with the announcement of the
large, shallow, high grade Triple R deposit, which includes 79.6 million
pounds at 1.58% U3O8 indicated and 25.9 million pounds at 1.30% U3O8 inferred
(See Fission Uranium news release January 9, 2015).

Management cautions, mineralization present on proximal properties is not
necessarily indicative of mineralization on the Syndicate's Property.

Qualified Person:

The technical information in this news release has been prepared in accordance
with the Canadian regulatory requirements set out in National Instrument
43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc.,
Skyharbour's Head Technical Advisor and a Director, as well as a Qualified
Person.

About Skyharbour Resources Ltd.:

Skyharbour holds interest in an extensive portfolio of uranium and thorium
exploration projects covering over 350,000 hectares in Canada's Athabasca
Basin and is well positioned to benefit from improving uranium market
fundamentals with four drill-ready projects. The Company is the operator of
the Western Athabasca Syndicate which controls a large, geologically
prospective land package consisting of five properties in the Athabasca Basin
of Saskatchewan. Skyharbour also owns a 100% interest in the Falcon Point
(formerly Way Lake) Uranium Project on the east side of the Basin which hosts
an NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03%
and 5.3 million pounds of ThO2 at 0.023%. The Company owns a 60% interest in
the Mann Lake Uranium project on the east side of the Basin strategically
located adjacent to the Mann Lake Joint Venture operated by Cameco with
partners Denison Mines and AREVA where high-grade, basement-hosted uranium
mineralization was recently discovered. Skyharbour's goal is to maximize
shareholder value through new mineral discoveries, committed long-term
partnerships, and the advancement of exploration projects in geopolitically
favourable jurisdictions.

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

SKYHARBOUR RESOURCES LTD.

"Jordan Trimble"

Jordan Trimble

President and CEO

For further information contact myself or:

Don Myers

Director
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email:info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.

This release includes certain statements that may be deemed to be
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address events or developments that
management of the Company expects, are forward-looking statements. Although
management believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are not
guarantees of future performance, and actual results or developments may
differ materially from those in the forward-looking statements. The Company
undertakes no obligation to update these forward-looking statements if
management's beliefs, estimates or opinions, or other factors, should change.
Factors that could cause actual results to differ materially from those in
forward-looking statements, include market prices, exploration and
development successes, continued availability of capital and financing, and
general economic, market or business conditions. Please see the public
filings of the Company atwww.sedar.comfor further information.

Suite 1610 - 777 Dunsmuir Street, Vancouver, BC, Canada, V7Y 1K4
www.skyharbourltd.com

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Skyharbour Resources Ltd. via Globenewswire

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