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Skyharbour Resources (TSXV:SYH,OTCQB:SYHBF,FWB:SC1P) CEO Jordan Trimble discussed the company’s advanced #uranium projects in #Canada’s Athabasca Basin, “We have 15 projects scattered throughout the Athabasca Basin in northern Saskatchewan. It’s now one of the largest land packages controlled by any one company in the region, totaling over 450,000 hectares. We offer investors exposure to all different parts of the #AthabascaBasin, including the southeast, the southwest, as well as the northern regions.”
Trimble discussed the demand projections for 2022, ranging between 185 to 190 million pounds, positioning the company well in the supply chain. He shared, “It’s been a fairly good 18 months and there’s a number of reasons for that — the underlying supply-demand fundamentals. With uranium being the fuel for nuclear energy, of emissions-free baseload affordable, scalable, and reliable electricity generation. It’s really at this nexus between global electrification and clean energy.”
Speaking to sustainability, Trimble stated, “We see countries committed to decarbonization and net zero emissions goals. We also have the advent of small modular reactors (SMR), and new advanced nuclear technologies that could contribute to further growth in demand for uranium. We’re really in the business of finding the next generation of uranium deposits in resources that can provide the fuel for these nuclear reactors going forward.”
Trimble also discussed Skyharbour Resources’ approach to the future, “In addition to being a high-grade exploration and early-stage development company, we also act as a prospect generator. We bring in partner companies to either option, joint venture, or buyout some of our secondary projects. We benefit as a shareholder in the companies that are public, and hold minority interest holders in these projects, so it’s a great complement to our core business,” explaining that, “We’re in the highest-grade depository of uranium in the world.”
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.