Blue Sky Uranium (TSXV:BSK; OTC Grey:BKUCF) CEO Niko Cacos was recently interviewed on Resource Stock Digest where he discussed the company’s progress at the Amarillo Grande project and its positive results.
Cacos told the interviewer that the Amarillo Grande project has exceeded expectations and that the company has completed drilling.
Cacos stressed that it has significant widths and high grades. “We’re seeing that this is a game changer in terms of economics here. These are the kind of projects that all you need is between 300 and 400 and that’s when you look at the Wiluna Project in Australia, very similar style project as ours here. The average grades between 300 and 400 ppm and they’re making money now. When you get grades like this it means it has the potential to make a lot more money,” the CEO stated.
Cacos further discussed metallurgical results, as well as the success of using alkaline leach through which the company was able to extract more than 95 percent uranium and 60 percent vanadium.
“We don’t have anything else that’s as good as uranium and I think slowly people are beginning to understand that. I think we’re seeing uranium making a big comeback, which is very exciting to see and hopefully it’s coinciding with Blue Sky’s emersion here,” Cacos concluded
To listen to the full interview, click here.