Growing M&A Prospects in the Junior Uranium Space

Published: 12/8/2023

Author: Sid Rajeev, B.Tech, CFA, MBA

*See important disclosures at the bottom of this report

Sector: Basic Materials | Industry: Other Industrial Metals & Mining

Ticker Symbols:

SYH.V - TSX.V 🔹

SYHBF - OTCQX 🔹

SYH has expanded its portfolio by staking three uranium properties. Currently, SYH's land package spans 518k hectares across 24 properties, representing one of the largest portfolios among uranium juniors in the Athabasca basin.
The company has completed a maiden drill program (9,565 m/19 holes) at the Russell Lake project, optioned from Rio Tinto/NYSE: RIO. Despite the program yielding low grades, mineralization has been confirmed over a strike length exceeding 1 km at one of the targets. A follow-up drill program is expected to commence in Q1-2024.

Management is also planning a follow-up drill program at its flagship Moore Lake project, before completing a maiden resource estimate.
Option partners are actively

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