Skyharbour Resources Ltd. : The Western Athabasca Syndicate Identifies Eight High Potential Exploration Corridors on the Preston Lake Uranium Property, Northern Saskatchewan

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November 5, 2013



The Western Athabasca Syndicate Identifies Eight High Potential Exploration
Corridors on the Preston Lake Uranium Property, Northern Saskatchewan

Vancouver, BC - Skyharbour Resources Ltd. (TSX-V: SYH) (OTC Grey: SYHBF)
("Skyharbour") is pleased to announce the completion of the 2013 summer field
exploration program at the Preston Lake Property, resulting in the delineation
of at least eight prospective exploration corridors. Final preparations for
additional radon and ground geophysical surveys to refine drill targeting are
underway. The 246,643 hectare Preston Lake Property (the "Property") is the
largest land package proximal to Alpha Minerals Inc. and Fission Uranium Corp.'s
Patterson Lake South ("PLS") high-grade uranium discovery. The Western Athabasca
Syndicate (the "Syndicate") holds title to the Property and consists of
Athabasca Nuclear Corp. (TSX-V: ASC), Skyharbour Resources Ltd., (TSX-V: SYH),
Noka Resources Inc. (TSX-V: NX), and Lucky Strike Resources Ltd. (TSX-V: LKY).

Preston Lake Property Map:
http://media3.marketwire.com/docs/tenuremap.jpg

Highlights:

* Fifteen drill target areas associated with eight highly prospective
exploration corridors have been successfully delineated through extensive
summer airborne geophysics and ground evaluation.


* Drill target areas to be refined with ground gravity, electromagnetic (EM),
and radon surveys in Q4-2013 and Q1-2014.


* Permitting is underway with winter drilling anticipated to commence in March
2014.


* Final results from the recently completed Phase 3 of the summer program are
still pending and will be reported when received.


* Given the size of the property, exploration to date has only focused on
approximately half of the land package leaving significant exploration
upside potential in untested areas.


Preston Lake Property - High Potential Targets:
http://skyharbourltd.com/_resources/SYH_syndicate_corridors.jpg

The 2013 summer exploration program was completed in mid-October and consisted
of rock, soil, radon, and biogeochemical sampling in addition to airborne
electromagnetic, magnetic, and radiometric surveys. Final results from the last
phase of the program are pending and will help to both refine known targets and
identify additional areas of interest.

Thus far, integration of the geochemical data received with the airborne
geophysics and historic data has successfully delineated more than fifteen high
priority areas associated with eight highly prospective exploration corridors.
The Property's prospective corridors are very similar to the corridor hosting
the high-grade PLS discovery by Alpha Minerals Inc. and Fission  Energy Corp.
(see link below). Management cautions, mineralization present on proximal
properties (or 'corridors') is not necessarily indicative of mineralization on
the Syndicate's Property.

Preston Lake Property - Prospective Corridors:
http://skyharbourltd.com/_resources/SYH_syndicate_exploration_corridors.jpg

A high potential exploration corridor may be defined as prospective, parallel
trends of conductors, magnetics lows, and interpreted structures. These
corridors remain largely underexplored south of the Basin, having been ignored
historically. However, the Syndicate's 2013 airborne geophysical data has
confirmed that at least eight high potential corridors extend onto the Preston
Lake Property. Moreover, integration of the 2013 summer ground sampling data
further enhances the corridor potential with multiple geochemical anomalies
coincident.

Of the fifteen areas associated with the corridors, the most prospective will be
assessed by grid based radon, and ground gravity and EM surveys expected to
commence in December and extend through February. This data will be used for
final targeting in advance of drilling anticipated to commence in March 2014.
Permitting of these programs including drilling is currently underway.

Jordan Trimble, President and CEO of Skyharbour Resources, states: "As we wait
for the final results from the summer program to come in, we are very pleased
with the success of the field work thus far at Preston Lake. To date, eight
prospective exploration corridors, similar to the conductive corridor at PLS,
have been identified with many coincident geochemical anomalies throughout them.
The encouraging findings early in the program are helping to advance the
property towards a drill-ready state ahead of our initial expectations and
timelines."

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% U(3)O(8). The Patterson Lake area has received
escalating exploration attention and claim acquisition activity as a result of
the new, near surface discoveries made by Alpha and Fission which includes the
recently reported drill interval of 9.08% U(3)O(8) over 54.5 metres in drill
hole PLS13-075. Consistent high-grade, near surface U(3)O(8) assays from Alpha
and Fission demonstrate the potential for high-grade uranium mineralization on
the geologically prospective yet underexplored margins of the western side of
the Athabasca Basin.

Qualified Person:

Athabasca Nuclear President and CEO, 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.

Investor Relations Agreement:

Skyharbour has entered into a Consulting Agreement (the "Agreement") with
Vancouver based Transcend Resource Group ("Transcend"), who provides investor
relations and related corporate communications services to public companies in
Canada. Transcend will help raise investor awareness of Skyharbour by increasing
its visibility in the financial marketplace, attracting investment to the
Company, and expanding coverage within financial networks. The Agreement has an
initial term of two months until December 31, 2013. In consideration for the
provision of the services to be provided, Transcend will be paid $3,000 per
month, plus applicable taxes by Skyharbour. The Agreement is subject to
acceptance of the TSX Venture Exchange.

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
maintains a diverse portfolio of precious and base metal projects in the Red
Lake district of Ontario. The Company is well funded with over $1 million in the
treasury and has 43.6 million shares outstanding with insiders owning over 25%
of the outstanding shares. Skyharbour's goal is to increase shareholder value
through new discoveries and developing exploration projects in geopolitically
favourable jurisdictions.

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

ON BEHALF OF THE BOARD OF DIRECTORS

"Jordan Trimble"

Jordan P. 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

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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.






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Source: Skyharbour Resources Ltd. via Thomson Reuters ONE
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