The Market Herald Interview Blue Sky Uranium On Drill Results

Sep 8, 2022

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  • Blue Sky Uranium Corp. (BSK) has announced the assay results from the third and last tranche of the reverse circulation drilling program at the Ivana Deposit
  • The project is located in Rio Negro Province, Argentina
  • President & CEO, Nikolaos Cacos sat down with Sabrina Cuthbert to discuss the results
  • This tranche of drilling returned 2,042 samples from 209 holes averaging 9.3m depth
  • The Ivana deposit is the cornerstone of the Amarillo Grande Uranium-Vanadium Project
  • Blue Sky Uranium Corp is a Canadian-based mineral exploration company
  • Blue Sky Uranium Corp. (BSK) opened trading at C$0.170 per share

Blue Sky Uranium (BSK) has announced the results from the reverse circulation drilling program at the Ivana Deposit.

The project is located in Rio Negro Province, Argentina.

President & CEO, Nikolaos Cacos sat down with Sabrina Cuthbert to discuss the results.

This tranche of drilling returned 2,042 samples from 209 holes averaging 9.3m depth that tested areas of lower drill hole density at the margins of, and within, the western portion of the Ivana deposit; as well as testing the potential expansion of the deposit to the west. These results will be included in a future mineral resource estimate update for the Ivana deposit.

Highlights:

  • 7m averaging 309ppm U3O8 and 417 ppm V2O5
    • including 1,273ppm U3Oand 1,260ppm V2O5 over 1 m in AGI-817
  • 8m averaging 197ppm U3Oand 202ppm V2O5
    • including 805ppm U3Oand 243ppm V2O5 over 1m in AGI-764
  • 4m averaging 238ppm U3Oand 56ppm V2O5
    • including 580ppm U3Oand 50ppm V2O5 over 1m in AGI-630
  • 9m averaging 123ppm U3Oand 204ppm V2O5
    • including 500ppm U3Oand 332ppm V2O5 over 1m in AGI-823
  • 7m averaging 117ppm U3Oand 161ppm V2O5
    • including 409ppm U3Oand 234ppm V2O5 over 1m in AGI-819
  • 6m averaging 207ppm U3Oand 90ppm V2O5
    • including 335ppm U3Oand 25ppm V2O5 over 1m in AGI-637

Nikolaos Cacos, Blue Sky President & CEO sat down with Daniella Atkinson to discuss the results.

“These results complete a very successful program, once again hitting significant uranium and vanadium mineralization both at our infill and expansion targets. We look forward to updating our resource estimate and moving the Ivana deposit closer to a prefeasibility stage in the future.”

This tranche of drilling returned 2,042 samples from 209 holes averaging 9.3m depth that tested areas of lower drill hole density at the margins of, and within, the western portion of the Ivana deposit; as well as testing the potential expansion of the deposit to the west.

The Amarillo Grande Uranium-Vanadium Project is a new uranium district controlled by Blue Sky. The Ivana deposit is the cornerstone of the project and the first part of the district for which both a Mineral Resource Estimate and a Preliminary Economic Assessment have been completed.

Blue Sky Uranium Corp. is a leader in uranium discovery in Argentina. The company’s flagship Amarillo Grande Project has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier.

Blue Sky Uranium Corp. (BSK) opened trading at C$0.170 per share.

https://blueskyuranium.com/

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