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Exploring in the Heart of Canada’s Premier Gold Camp RED LAKE, NW ONTARIO Exploring in the Heart of Canada’s Premier Gold Camp RED LAKE, NW ONTARIO October 2012

Skyharbour Corporate Presentation

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Page 1: Skyharbour Corporate Presentation

Exploring in the Heart of Canada’s Premier Gold CampRED LAKE, NW ONTARIO

Exploring in the Heart of Canada’s Premier Gold CampRED LAKE, NW ONTARIO

October 2012

Page 2: Skyharbour Corporate Presentation

Skyharbour Share Capital StructureSkyharbour Share Capital Structure

Trading Symbol: SYH (TSX-V)

Issued & outstanding shares: 34.7 millionFully Diluted: 61.2 million

Market Capitalization: $2.26 million

Recent Price: $0.065

Page 3: Skyharbour Corporate Presentation

Skyharbour’s Key Management has80+ Years Experience in Red Lake

Skyharbour’s Key Management has80+ Years Experience in Red Lake

Don C. Huston: President & CEOHas been associated with the mineral exploration industry for 25 years and has extensive experience as a financier in-field manager of numerous mineral exploration projects in North America. He was born and raised in Red Lake, Ontario and spent 15 years as a geophysical contractor with C.D Huston & Sons Ltd. As mineral exploration consultants in northern Ontario, Manitoba, and Saskatchewan.

Robert D. Marvin, B.Sc.: Exploration ManagerSince 1979, Mr. Marvin has been involved in mineral exploration for and evaluation of gold, copper, zinc, and uranium deposits throughout the Americas as an employee and as an independent consultant. He graduated from the University of New Mexico with a Bachelor of Science degree in geology in 1984.

Carl Huston: P.Eng: DirectorOver 40 years experience in the field and geological consultant in the Red Lake mining district for 30 years. Ten years as Exploration Manager for the Dickinson Mine, which later became Goldcorp's Red Lake gold mine.

Page 4: Skyharbour Corporate Presentation

Ideally Positioned Gold Explorer -Operator of 6 Properties Near or Adjacent to

Major New Discoveries

Ideally Positioned Gold Explorer -Operator of 6 Properties Near or Adjacent to

Major New Discoveries

6 properties totaling 21,000+ acres in the heart of the RED LAKE gold campStrong management and technical teamGoldcorp Joint Venture on one property

Page 5: Skyharbour Corporate Presentation

Red Lake OverviewRed Lake OverviewCanada’s premier gold-producing districtHome to multiple, high-grade producing mines

Significant untapped exploration potentialNew gold discoveries on adjacent properties

Page 6: Skyharbour Corporate Presentation

Red Lake Properties - OverviewRed Lake Properties - OverviewCypress owns 85% interest in Broulan Reef property, Skyharbour owns 15%

On strike with producing Campbell and Red Lake Gold Mines 5 km to eastOn historic Red Lake Mine Trend

Adjacent to Goldcorp’s Cochenour / Bruce Channel gold deposit and Goldcorp / Premier gold projects

Same mineralized geologic sequence of rocks underlies the Broulan Reef propertyMultiple drilling programs underway adjacent to Broulan Reef property

Hosts two principle environments where significant gold deposits may be found

Structures within the Bruce Channel sedimentsStructures within the underlying Balmer Assemblage

Balmer Assemblage rocks beneath the Bruce Channel sediments represent a highly prospective setting with potential to host high-grade gold mineralization similar to recent nearby discoveries like Goldcorp’s Cochenour / Bruce Channel gold deposit

Page 7: Skyharbour Corporate Presentation

Red Lake Properties - OverviewRed Lake Properties - OverviewSkyharbour’s Broulan Reef property covers the Bruce Channel of Red Lake and

lies immediately south on strike to the Gold Eagle Mines property now owned by Goldcorp. Gold Eagle Mines Ltd. discovered several gold deposits and was acquired by Goldcorp in September 2008 for $1.3 Billion.

Page 8: Skyharbour Corporate Presentation

Broulan Reef - Location MapBroulan Reef - Location Map

Bruce Channel Zone

Finn Zone

Cochenour

Bonanza

multi million oz

multi million oz

Wilmar

Campbell-Red Lake?????

+1 million oz +20 million

N

0 1 2

kilometres

Balmer Assemblage

Surrounding Rock

Faults

Goldcorp

Goldcorp

Goldcorp

Goldcorp

Page 9: Skyharbour Corporate Presentation

Drilling Overview of Hole BR08-3CDrilling Overview of Hole BR08-3CMineralization was encountered at a vertical depth of 2071 metres below surface

Similar to depths encountered in the Finn Zone by Gold Eagle

The setting, alteration and mineralization is similar to that encountered on Goldcorp’s Cochenour / Bruce Channel deposit

Structure is believed to be same as that hosted in Goldcorp’s Cochenour / Bruce Channel deposit

Page 10: Skyharbour Corporate Presentation

Drill core exhibiting VG from 1st wedge hole (BR08-3D)Drill core exhibiting VG from 1st wedge hole (BR08-3D)

Page 11: Skyharbour Corporate Presentation

Drill Hole BR09-1 from McKenzie Island Drill Hole BR09-1 from McKenzie Island

Images outline recently completed mother hole and two wedges as well as current hole location on McKenzie Island.

Cross section of Broulan Reef drill hole BR09-01 (looking north).

Not all drill holes shown

Page 12: Skyharbour Corporate Presentation

Drill Hole BR09-2 from McKenzie IslandDrill Hole BR09-2 from McKenzie Island

December 2009, Skyharbour started new mother hole, BR09-2, drilled from McKenzie Island

Completed to 2937 metres

Gold values intersected on strike and in same structure that hosts Bruce Channel gold deposit

18 metre interval between 2809 metres and 2827 metres grading 1.62 g/t Au including 2.5 g/t Au over 9 metres and 5.04 g/t Au over 2 metres

These values are typical of many zones intersected in Bruce Channel gold deposit and are likely within an envelope surrounding such a deposit

Convincingly demonstrate continuity of the mineralized system onto Broulan Reef property with plenty of room for expansion

Page 13: Skyharbour Corporate Presentation

Drill Hole BR09-2 from McKenzie Island Drill Hole BR09-2 from McKenzie Island

Page 14: Skyharbour Corporate Presentation

McKenzie Island Gold PropertyMcKenzie Island Gold Property

13 holes totalling 2,082 metres were completed in 2003

In early 2005, 14 reconnaissance holes (approx. 3,300 metres) were completed during Phase I and Phase II drill programs (Feb. 2005, April 2005) on southern tip of McKenzie Island property

Significant zones of gold mineralization were discovered

Lies 7 km west of the Goldcorp’s Red Lake and Campbell mines, and west andadjacent to Goldcorp’s Cochenour / Bruce Channel gold deposit

Page 15: Skyharbour Corporate Presentation

South Bay Copper-Zinc-Silver PropertySouth Bay Copper-Zinc-Silver Property

Page 16: Skyharbour Corporate Presentation

South Bay Copper-Zinc-Silver PropertySouth Bay Copper-Zinc-Silver Property

Skyharbour owns 100% interest in the South Bay property (approximately 3,200 acres)

Claim blocks cover the South Bay copper-zinc-silver deposit, which was discovered and mined by Selco from 1970 to 1982

South Bay mine produced approximately 1.6 million tons of 2.3% copper, 14.5% zinc, and 3.5 oz/ton silver

South Bay mine produced to a vertical depth of 410 metres

Current geophysical methods allow exploration to depths in excess of 1,000 metres, opening up a very large prospective area for further exploration

Tribute Minerals Inc. exploring to the SW of the South Bay property, announced results including; 20.3% zinc, 1.23% copper, with a further two samples grading greater than 30% zinc

Page 17: Skyharbour Corporate Presentation

South Bay Copper-Zinc-Silver PropertySouth Bay Copper-Zinc-Silver PropertyOn April 3rd, 2008 Skyharbour announced it had made a significant

discovery of volcanogenic massive sulphide (VMS) mineralization, in an area that had never been drill tested in the past, approximately 500 metres to the southwest of the former South Bay Mine shaft

Page 18: Skyharbour Corporate Presentation

Baird Gold PropertyBaird Gold Property

Historical grades of 155.9 grams/tonne gold over 1.22 metres, and 17 grams/tonne gold over 1.83 metres2005: Placer Dome earns a 51% in Baird

2438 metres of drilling completed in Spring/Fall of 2003

Another round of drilling was completed in 2005

Goldcorp acquired Placer Dome’s 51% interest in 2006

Lies on the northern border of the Goldcorp / Claude Resources Madsen project, surrounded by Goldcorp’s Parvus Project on the north and east, and Goldcorp’s Humlin property on the west

Page 19: Skyharbour Corporate Presentation

Baird property – gold bearing trend (shear)19defined from 2002 drilling Hole B02-6 – 35 metres (120’) of disseminated

to massive sulphides in Qz/carbonate breccia –anomalous to elevated gold values throughout(including 6 intersections of 1.2 – 0.3 g/T Au)

Page 20: Skyharbour Corporate Presentation

Contact: Don C. Huston – President

Telephone: (604) 687-3376

Toll Free: 800-567-8181

www.skyharbourltd.com

[email protected]

Suite 2230, 885 West Georgia Street, Vancouver, BC, V6C 3E8, CANADA