Skyharbour Identifies 3 High-Priority  

VANCOUVER, BC - Skyharbour Resources Ltd. reported the completion of a 3D down-hole Spectral IP/ Resistivity Survey and receipt of a comprehensive report on the Company's 100% owned 3200 aces South Bay zinc-copper project located in Dent township, Northwestern Ontario. The geophysical survey was conducted by JVX Ltd of Richmond Hill Ontario. The IP survey was carried out on nine holes drilled in 2008, hole SB08-4, SB08-5, SB08-7, SB08-8, and SB08-10 to SB08-14, all situated in the Confederation Lake area, adjacent to the south of the past producer South Bay zinc-copper mine (Selco), which produced 1.6 million tons of ore grading 2.3% Cu, 14.5 % Zn and 3.5 oz Ag. The fall 2008 geophysical survey has identified three high priority targets in 3D conductivity and chargeability model plots at vertical depths from approximately 300 metres to 450 metres. Skyharbour is now integrating all data, including geophysics, geochemistry, and geological information to establish viable drill targets. The newly identified high priority target areas will potentially see an exploration program in the first two quarters of 2009. Exploration will now focus on expanding the area of mineralization to identify richer portions of the system. The possibility of identifying parallel zones is also a potential being discerned from the Spectral IP / Resistivity survey data. The new mineralized zone is distinctly exhalite in origin and is very fine grained with fine bedding and some chert beds. These features suggest that the mineralization seen to date is on the apron, some distance (+ 200 metres) from a potential vent area where zinc and copper grades are generally much higher. Skyharbour believes that with current geophysical survey methods allowing exploration to depths in excess of 1000 metres, there is significant potential to identify new, highly prospective precious and base metal settings on the South Bay property. The Company previously announced that it has made, what appears to be, a significant discovery of volcanogenic massive sulphides (VMS) mineralization in an area that has never been drill tested in the past, approximately 500 metres to the south-west off the former South Bay Mine shaft. While drill testing Titan 24 geophysical anomalies on the property, Skyharbour identified several massive sulphide zones. The discovery of VMS style zinc mineralization in a totally unexplored portion of the South Bay stratigraphy is considered to be highly significant.  The company's address is 885 West Georgia Street - Suite 2230, Vancouver, BC V6C, 3E8, (604) 687-3376, fax: (604) 687-3119, email: [email protected] .