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Blue Sky Uranium Corp.

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Summary

Project:

Amarillo Grande

Deposit:Ivana
Location:Argentina
Commodities:Uranium-Vanadium
Date:6/19/2017
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-6-2017: Blue Sky Uranium Corp. announces an Exploration/Drilling Update report for its Ivana deposit at the Amarillo Grande project. Drilling results incl. 6m @ 910ppm U3O8, 680ppm V2O5 from 0m. Vancouver, BC / Marketwired / June 19, 2017 / Blue Sky Ur
Resources:x
CP/QP:[Overall Report]: David Terry (Internal)
ABSTRACT:Vancouver, BC / Marketwired / June 19, 2017 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), "Blue Sky" or the "Company") is pleased to report complete results from the Phase 1 reverse circulation (RC) drilling program at Ivana, the first of three targets to be drilled in 2017 on the Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina. This is the first drill program at the Ivana target, and it successfully outlined a large area of elevated uranium, within twenty metres of surface, measuring approximately two kilometres square. Within this area multiple higher-grade uranium–vanadium mineralized intervals were intercepted, predominantly in the west-central and east-central part of the drilled area as shown on Figure 1. Delineating the dimensions and average grades of these potential mineralized corridors will be a key priority of the next phase of drilling, as will testing for potential extensions, particularly along the northeastern flank of the area drill-tested in Phase I. The planned 3,000 metre reverse circulation drill program is continuing. Drilling at the Anit target has been completed, with a total of 1,170 metres in 83 holes. The drill rig is now being mobilized to the Santa Barbara target at the northwest end of the Amarillo Grande project. "We are pleased to be making progress in understanding the controls on uranium-vanadium mineralization at Amarillo Grande” stated Nikolaos Cacos, Blue Sky President & CEO. “We look forward to the balance of results from Phase I and to commencing Phase II.”

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