Skyharbour Resources Ltd.: Drilling Starts on Rainy River Claim Block "D2", NW Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Skyharbour Resources Ltd. (TSX VENTURE:SYH) (the "Company") announces that it has mobilized a diamond drill rig to its Rainy River Claim Block "D2" property in the Rainy River district, Northwestern Ontario. The property is located to the southwest approximately 4 km of Rainy River Resources gold discoveries on their ODM zone and the #17 zone.

Rainy River Ontario Claims Map:
http://www.skyharbourltd.com/s/Image...

Overburden drilling and geophysical surveys (magnetometer and Horizontal Loop electromagnetic) have been completed over the eastern portion of the property during the 2007 winter exploration program. Several targets on this block warrant diamond drilling with anticipated Phase 1 drilling consisting of 2 to 3 reconnaissance holes at this time.

Skyharbour Resources has also established a detailed grid on its Rainy River Claim Block "E" totaling approx. 25 line kilometres as a follow-up to overburden drilling completed during the 2007 winter exploration program. A detailed electromagnetic survey on Claim Block "E" will commence immediately.

Skyharbour Resources holds a 100% interest in the Claim Block "D1", "D2", and "E" properties consisting of 1874 hectares located in the Rainy River district of Northwestern Ontario. The 3 properties are well located to the west and southwest of the gold discoveries on Rainy River Resources property.

David J. Busch, B.A., B.Sc., PGeo., Vice President of Explorations, is the qualified person under the meaning of National Instrument 43-101 and has reviewed the data in this News Release.