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Blue Sky Uranium Corp.
Summary
| Project: | Amarillo Grande | |
|---|---|---|
| Deposit: | Ivana | |
| Location: | Argentina | |
| Commodities: | Uranium-Vanadium | |
| Date: | 3/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-3-2017: Blue Sky Uranium Corp. announces an Exploration/Drilling Update report for its Ivana deposit at the Amarillo Grande project. Drilling results incl. 6m @ 547ppm U3O8, 716ppm V2O5 from 0m. Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUC | |
| Resources: | x | |
| CP/QP: | [Overall Report]: David Terry (Internal) | |
| ABSTRACT: | Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), "Blue Sky" or the "Company") is pleased to provide initial results from the ongoing Phase 1 reverse circulation (RC) drilling program at the Ivana target on the Amarillo Grande uranium project, in Rio Negro Province, Argentina. The results from 31 holes received to date outline a broad area of near surface uranium measuring approximately 1,800 metres by 600 metres. Within this area, a higher-grade northwest oriented corridor is interpreted to have been intersected by four holes and a second area with higher grades is indicated by two holes at the eastern margin of the drill grid. A full geologic interpretation will be completed once results from the remaining 66 holes from the Ivana target are received. Blue Sky holds over 440,000 hectares of property located in two provinces in the most prospective uranium regions of Argentina. "The initial results from the Ivana area provide important information on where to focus our follow-up drilling as we delineate new zones of surficial uranium mineralization at Amarillo Grande” stated Nikolaos Cacos, Blue Sky President & CEO. “These initial results confirm the broad occurrence of uranium mineralization at Ivana.” | |
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