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Blue Sky Uranium Talks Expansion of the District Scale Amarillo Grande Uranium-Vanadium Project
Blue Sky Uranium (TSXV:BSK; OTC Grey:BKUCF) CEO Niko Cacos was recently interviewed on Resource Stock Digest where he discussed the company’s Amarillo Grande Uranium-Vanadium project in Southern Argentina as well as the impact vanadium is having on uranium producers. Cacos outlined that the Amarillo Grande project, which the company acquired in 2006, has presented high-grade …
Blue Sky Uranium (TSXV:BSK; OTC Grey:BKUCF) CEO Niko Cacos was recently interviewed on Resource Stock Digest where he discussed the company’s Amarillo Grande Uranium-Vanadium project in Southern Argentina as well as the impact vanadium is having on uranium producers.
Cacos outlined that the Amarillo Grande project, which the company acquired in 2006, has presented high-grade uranium running across a four-kilometer strike with extension potential. The company is currently undergoing its second drilling program on the property, with the goal of confirming the size of the deposit. This will be followed by in-field drilling and the determination of a resource, which will be available to investors in the first quarter of 2018.
Despite the state of the uranium market, Cacos compares the Amarillo Grande deposit to economically viable uranium projects in Africa and Australia. Another economic advantage is that the price of vanadium has risen to $12 a pound, with significant demand from Chinese steel manufacturers, encouraging Blue Sky to reevaluate past drilling and classify zones on the property that might be vanadium-rich deposits with credits of uranium.
To listen to the full interview, click here.
Click here to connect with Blue Sky Uranium (TSXV:BSK; OTC Grey:BKUCF) for an Investor Presentation.
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