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Blue Sky Uranium Corp.

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Summary

Project:

Amarillo Grande

Deposit:Ivana
Location:Argentina
Commodities:Uranium
Date:2/1/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:1-2-2018: Blue Sky Uranium Corp. announces an Exploration/Drilling Update report for its Ivana deposit at the Amarillo Grande project. Drilling results incl. 18m @ 2095ppm U3O8 from 4m. Vancouver, BC / Globe Newswire / February 1, 2018 / Blue Sky Uranium
Resources:x
CP/QP:[Overall Report]: David Terry (Internal)
ABSTRACT:Vancouver, BC / Globe Newswire / February 1, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), "Blue Sky" or the "Company") is pleased to report additional analytical results from the infill reverse circulation (RC) drilling program, including multiple high-grade uranium-mineralized intercepts near surface at the Ivana target, on its 100% owned Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina. All holes were vertical and the intervals are believed to represent true thickness. “Our drilling continues to reveal high-grade uranium intercepts within poorly consolidated sediments near surface, building our understanding of the deposit and its potential,” stated Nikolaos Cacos, Blue Sky President & CEO. “The Ivana target has the largest, highest-grade zone of uranium mineralization found at the Amarillo Grande uraniumvanadium project to date, and understanding it fully is the key to uncovering the potential of the 140-kilometre-long mineral belt controlled by Blue Sky.” The Phase II RC program at Ivana was recently completed with a total of 4,327 metres drilled in 269 holes. This program included a 100 by 100 metre drill pattern covering the higher-grade uranium mineralized corridor which measures approximately 5,000 m in length and 200 to >500 m in width. The infill program was designed to provide higher confidence data to complete a maiden mineral resource estimate and 43-101 Technical Report for the Ivana target.

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