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Blue Sky Uranium Corp.
Summary
| Project: | Amarillo Grande | |
|---|---|---|
| Deposit: | Ivana | |
| Location: | Argentina | |
| Commodities: | Uranium | |
| Date: | 1/15/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-1-2018: Blue Sky Uranium Corp. announces an Exploration/Drilling Update report for its Ivana deposit at the Amarillo Grande project. Drilling results incl. 8m @ 2,867ppm U3O8 from 10m. Vancouver, BC / Marketwired / January 15, 2018 / Blue Sky Uranium C | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Terry (Internal) | |
| ABSTRACT: | Vancouver, BC / Marketwired / January 15, 2018 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), "Blue Sky" or the "Company") is pleased to report that additional analytical results from the Phase II reverse circulation (RC) drilling program have expanded the higher-grade uranium mineralized corridor by a further 1 kilometre at the Ivana target on its 100% owned Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina. In addition to the lateral expansion, infill drilling results include areas of significant grade-times-thickness (i.e. 15 holes averaging 13 metres @ 522 ppm U3O8), and individual results as high as >1% (10,517 ppm) U3O8. The Company has engaged a team of independent qualified people (Bruce Davis Ph.D., F.AusIMM, of BD Resource Consulting Inc., Susan Lomas P.Geo of Lions Gate Geological Consulting Inc., and Jon Thorson, Ph.D., CPG) to complete a maiden resource estimate, and associated NI 43-101 Technical Report, for the Amarillo Grande project. “These new assays significantly expand our expectations for the uranium-rich system at Ivana, the southernmost target on the 140-kilometre-long Amarillo Grande uranium-vanadium project,” stated Nikolaos Cacos, Blue Sky President & CEO. “In just this one sector we believe that we will be able to delineate significant resources, and still have tremendous upside potential.” | |
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