Skyharbour Resources Ltd. (TSX VENTURE:SYH) (OTC PINK:SYHBF) (FRANKFURT:SC1N)
("Skyharbour") is pleased to provide an update on its inaugural diamond drilling
program on its flagship Preston Uranium Property (the "Property") in the
southwest Athabasca Basin. The Western Athabasca Syndicate (the "Syndicate") has
drilled seven holes thus far for a total of 1,571 meters with two to four
additional holes planned in May. The most recently completed hole, PN14007,
intersected twelve zones of radioactivity, including the highest levels recorded
to date at the Preston Property as defined by a downhole gamma probe including a
0.75 meter zone measuring 1,432 counts per second (cps) in a background of 80 to
100 cps.


The initial seven drill holes tested the Swoosh target, a six-kilometre long
corridor consisting of geophysically anomalous areas as defined by gravity,
magnetic and EM surveys, coincident with surficial geochemical anomalies. Six
holes were completed to depths of between 200 and 360 meters downhole, while one
hole was abandoned due to poor drilling conditions. Overburden depth varies from
4 to 38 meters and immediately overlies basement rock. 


Preston Property - Swoosh Target Map:
 http://skyharbourltd.com/_resources/maps/SYH_Swoosh_Drill_Locations.jpg

All seven of the holes intersected a broad, hydrothermally altered and
reactivated, structural zone. Five of the holes returned elevated radioactivity
and intersected multiple graphitic units within sheared and altered basement
lithologies. The alteration commonly consists of pervasive chlorite, hematite
and clay development; features which are common to uranium mineralization in the
Athabasca Basin. 


Drilling is currently recommencing after the breakup period to test the CHA and
Fin targets. A review of final assays and geochemistry will be carried out upon
receipt of results expected in early-June. 


All holes were angled holes, drilled at -45 to -50 degrees. They were
radiometrically surveyed using a RS-230 gamma-ray spectrometer, and a Mount
Sopris 2PGA-1000 downhole natural gamma probe. Natural gamma radiation in drill
core reported in this news release was measured in counts per second (cps). All
intersections are downhole and core interval measurements and true thicknesses
are yet to be determined. The reader is cautioned that a total counts gamma
probe reading is the result of natural gamma radiation that may come from
various sources including cosmic radiation, thorium, potassium and uranium and
its radioactive decay products. CPS values cannot be certain to correlate with
uranium grades of the rock but are a general guide of the radioactivity of
minerals present in rock placed in proximity to the instrument. 


The Syndicate's Technical Team considers these findings in the early stages of
the first drill program to be a significant breakthrough towards locating
shallow uranium mineralization, and decided to expand the initial drill plan at
the Swoosh target as a result. Additional field work and drilling is being
planned at the Swoosh target for later in the year. 


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

The three initial target areas, out of a growing target base currently standing
at fifteen, were selected by the Syndicate's Technical Committee for drilling
based on encouraging fieldwork results and coincident anomalies from ground
gravity, airborne and ground EM and magnetic (graphitic conductors and
structures), radon, soil, biogeochem, lake sediment, prospecting and geological
mapping surveys. This drill campaign represents the first modern-day drill
exploration program on the Preston Uranium Property with follow up programs
planned for later this year given the encouraging results to date.


The Preston Uranium Property:

The 246,643 hectare Preston Uranium Property is the largest individual property
proximal to Fission Uranium Corp.'s Patterson Lake South ("PLS") high-grade
uranium discovery and the recent discovery made by NexGen Energy on the Rook 1
Project (see NexGen's news release dated Feb. 19, 2014). The Syndicate is the
largest land tenure holder in the southwest Athabasca Basin region including
properties strategically situated to the southwest and to the northeast of the
PLS and NexGen discoveries.


Approx. $3,500,000 dollars in exploration has been carried out to date by the
Syndicate on the Preston property and many priority targets remain for further
follow up with both fieldwork and drill testing. The Syndicate continues to
employ a systematic, proven exploration methodology that has led to numerous
uranium discoveries in the region and throughout the Athabasca Basin. This has
been very effective in identifying numerous high-quality targets at Preston with
similar geological features and exploratory indicators as those at the nearby
PLS and NexGen discoveries as well as other deposits in the Athabasca Basin.


About the Western Athabasca Syndicate:

The Western Athabasca Syndicate is a strategic partnership formed between
Skyharbour, Athabasca Nuclear, Lucky Strike and Noka to explore and develop a
287,130 hectare suite of uranium properties that is the largest land position
along the highly prospective margin of the Western Athabasca Basin controlled by
a single group. Under the terms of the agreement, each of the four companies has
an option to earn 25% of the five uranium properties comprising the Western
Athabasca Syndicate Partnership by making a series of cash payments, share
payments, and incurring their pro-rata amount of the total $6,000,000 in
exploration expenditures over the two-year earn-in term of the agreement. The
properties were acquired for their proximity to the PLS discovery and
interpreted favourable geology for the occurrence of PLS style uranium
mineralization. The bulk of the Syndicate land package is bisected by
all-weather Highway 955 which runs north through the PLS discovery on to the
former Cluff Lake uranium mine. 


The Athabasca Basin of Saskatchewan hosts the world's largest and richest
high-grade uranium deposits which have grades substantially higher than the
world average grade of about 0.1% U3O8. The Patterson Lake area has received
escalating exploration attention and claim acquisition activity as a result of
the new, near surface discoveries made by Fission which includes the recently
reported drill interval of 38.49% U3O8 over 10.5 metres in drill hole PLS14-129.
Consistent high-grade, near surface U3O8 assays from Fission demonstrate the
potential for high-grade uranium mineralization on the geologically prospective
yet underexplored margins of the western side of the Athabasca Basin.


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


Qualified Person:

Athabasca Nuclear Director, Charles C. (Chuck) Downie, P.Geo., 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 exploration company and a member of the
Western Athabasca Syndicate which controls a large, geologically prospective
land package consisting of five properties (287,130 hectares or 709,513 acres)
in the Athabasca Basin of Saskatchewan. $6,000,000 in combined exploration
expenditures over the next two years is planned on these properties, $5,000,000
of which is being funded by the three partner companies. Skyharbour also owns a
60% interest in the Mann Lake Uranium project on the east side of the Basin
strategically located 25 km southwest of Cameco's McArthur River Mine. The
Company has approx. 55 million shares outstanding with insiders owning over 20%
of the outstanding shares. 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 VENTURE:SYH) visit the
Company's website at www.skyharbourltd.com.


SKYHARBOUR RESOURCES LTD.

Jordan Trimble, President and CEO

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 at
www.sedar.com for further information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Skyharbour Resources Ltd.
Jordan Trimble
President and CEO
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)


Skyharbour Resources Ltd.
Don Myers
Director
604-687-3376 or Toll Free: 800-567-8181
604-687-3119 (FAX)
info@skyharbourltd.com
www.skyharbourltd.com