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   SIDACE LAKE GOLD PROPERTY (1280 acres) Skyharbour Resources Ltd. has a 70% interest in the Sidace Lake Property. Joint venture ownership consists of Skyharbour having an 70% interest and Consolidated Abaddon Resources Inc. (TSX.V: ABN) owning the remaining 30% interest. Skyharbour's Sidace Lake property consists of 2 claim blocks (32 units). These claims are situated on approximately 1280 acres. These two large claim blocks are to the southwest and northeast, respectively, of Planet Explorations' discovery zone that is currently under option to Goldcorp. They are located to the northeast of East Bay where Wolfden is drilling on its East Bay Property. Recent discovery holes by Planet have focused intense scrutiny on this area. Skyharbour believes that the Planet discovery attests to a potential large mineralizing system with affinities to other similar deposit types in the Canadian Achaean, including the giant Hemlo deposit in Northwest, Ontario. The location of Skyharbour's properties lay on strike with the structural features that are known to run through this new discovery zone. To date, Skyharbour has added several more claim blocks to this land package and has completed an initial phase of exploration. This included mapping/prospecting, soil sampling, till sampling, overburden drilling, and interpretation of existing geophysics. A 2004 winter drill program consisting of 4,750 feet has also been completed. This was successful in establishing a trend of mafic volcanics on to the east side of the Sidace Lake property. The identification of this mafic volcanic suite of rock type is significant, as these mafic volcanics are believed to be the strike extension of the geological sequence hosting the gold discovery on the adjoining Goldcorp/Planet Exploration property to the west. Skyharbour completed a Phase 2 drill program on its Sidace Lake property in the fall of 2004.
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