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    market news

    Blue Sky Restarts Drill Program at its Amarillo Grande Uranium-Vanadium Project

    Melissa Shaw
    May. 03, 2017 09:13AM PST
    Battery Metals

    Blue Sky Uranium  (TSX VENTURE:BSK)(OTCQB:BKUCF)(FRANKFURT:MAL2) (“Blue Sky” or the “Company”) is pleased to report that following unforeseen field delays, the 3,000 metre reverse-circulation drilling program at the Amarillo Grande uranium project has recommenced. The program is now drilling the second target area, “Anit”, where it will include 75 short holes, up to 20 metres in …

    Blue Sky Uranium  (TSX VENTURE:BSK)(OTCQB:BKUCF)(FRANKFURT:MAL2) (“Blue Sky” or the “Company”) is pleased to report that following unforeseen field delays, the 3,000 metre reverse-circulation drilling program at the Amarillo Grande uranium project has recommenced.
    The program is now drilling the second target area, “Anit”, where it will include 75 short holes, up to 20 metres in depth, for a total of approximately 1,000 metres. The purpose of the program in this area is to confirm and extend the previously identified mineralized zone along the 15 kilometre long radiometric anomaly that is related to superficial mineralization within outcropping ancient river channels.
    Nikolaos Cacos, Blue Sky President & CEO commented:

    “The Anit area has returned some of our best results in the past and we look forward to improving our prospects for resources with this drill program. The drill program has now re-started following an unusually heavy and prolonged rain event, and newly upgraded drill equipment should improve progress for the remainder of the program.”

    About the Anit Target:

    The Anit target comprises 12 mining properties covering 24,000 hectares. In 2007, a 2,385 square kilometre airborne geophysical surveying program detected a significant, +15 kilometre long, radiometric anomaly in this area. This anomaly was interpreted as related to uranium-vanadium mineralization within outcropping ancient river sediments.
    An intensive exploration program followed, including radon gas and ground radiometric surveys, 123 hang-dug pits, 310 excavator-dug pits, 1,403 metres of trenching and 5,044 metres of air-core drilling in 204 drill holes.

    Click here to read the full text release.

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