October 30, 2017
Vancouver, BC / Marketwired / October 30, 2017 / Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2; OTC: BKUCF), „Blue Sky“ or the „Company“) is pleased to report that initial analytical results from the Phase II reverse circulation (RC) drilling program confirm the previously reported significant expansion of the uranium-vanadium mineralized system at the Ivana target on its 100% owned Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina (see news release dated October 5th, 2017).
Highlights of drill intercepts with strong uranium mineralization include:
- 1,131 ppm U3O8 over 5 m
- within 431 ppm U3O8 over 15 m in AGI-0170
- 1,030 ppm U3O8 over 5 m
- within 431 ppm U3O8 over 14 m in AGI-0169
“The initial assays of the second phase of the program confirm our field observations that we are continuing to significantly expand the known uranium-rich system at Ivana,” stated Nikolaos Cacos, Blue Sky President & CEO. “The exploration program has added a potential expansion of more than two kilometres to the recently defined greater than two-kilometre-long uranium-rich corridor.”
The Phase II program is planned to include up to 3000 metres of both extension testing and infill drilling with a goal of resource delineation. Broader exploration will include additional geophysical surveying to the west and south, followed by auger testing in areas of interest. Metallurgical testwork is also underway on material from Ivana, and the Company plans to initiate baseline environmental testing.
Please read the complete press release at the following link: LINK