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Blue Sky Uranium Corp.
Summary
| Project: | Amarillo Grande | |
|---|---|---|
| Deposit: | Ivana | |
| Location: | Argentina | |
| Commodities: | Uranium-Vanadium | |
| Date: | 7/25/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | PEA | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 25-7-2019: Blue Sky Uranium Corp. announces a PEA report for its Ivana deposit at the Amarillo Grande project. Amended Report - PEA results incl. post-tax NPV of US $135.2M (8%), IRR of 29.3%. Blue Sky Uranium (TSX-V: BSK) is the owner of the Amarillo Gra | |
| Resources: | (Resource: Inf.): 28Mt @ 0.037% U3O8, 0.019%ppm V with 22.7Mlbs U3O8 contained at project | |
| CP/QP: | [Resources]: Bruce Davis (BD Resource Consulting Inc.) | |
| ABSTRACT: | Blue Sky Uranium (TSX-V: BSK) is the owner of the Amarillo Grande Project, including the Ivana uranium-vanadium deposit, in Rio Negro Province, Argentina (Figure 1-1). This Technical Report supports the initial Preliminary Economic Assessment (“PEA”) completed on the project, including an updated inferred mineral resource estimate for the Ivana deposit. The study results were disclosed on February 27, 2019 (Blue Sky, 2019b). The PEA, resource estimate and this report were completed by independent Qualified Persons, using industry accepted Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) "Best Practices and Reporting Guidelines" for disclosing mineral exploration information, and the Canadian Securities Administrators revised regulations in NI 43-101 (Standards of Disclosure for Mineral Projects), and Companion Policy 43-101CP. The resources reported herein are compliant with "CIM Standards on Mineral Resources and Reserves: Definitions and Guidelines". | |
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