/PRNewswire/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") reports today that the 3,500 metre reverse circulation.
/PRNewswire/ - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), "Blue Sky" or the "Company") reports today that the 3,500 metre reverse circulation.
Blue Sky Uranium Launches Drill Program to Expand and Upgrade the Ivana Deposit at the Amarillo Grande Uranium prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Blue Sky Uranium Reports Commencement of 4,500 m Drill Program
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VANCOUVER, BC, Feb. 17, 2021 /PRNewswire/ -
Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF),
( Blue Sky or the Company ) is pleased to announce that the Company has commenced the reverse circulation ( RC ) drilling program at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina, (
AGP ) announced on February 1, 2021. This program is a major step in our strategy to identify new uranium resources near Ivana and throughout the district, stated Nikolaos Cacos, Blue Sky President & CEO.
The persistent strong outlook for uranium provides a supportive environment for our work, and we look forward to continued success that will build additional value at Amarillo Grande.
The Critical Investor delves into Blue Sky Uranium s projects in Argentina.
Ivana deposit; Rio Negro province, Argentina
1. Introduction
Last year has been a quiet year with the COVID-19 pandemic restricting most exploration activities in Argentina, but the situation has changed since November 2020, and Blue Sky Uranium Corp. (BSK:TSX.V; BKUCF:OTC) is back in business again, ready to advance its flagship Amarillo Grande uranium project. The company received a tailwind from positive sentiment for uranium companies in general, which has been fueled by several reasons. The most important one has been the U.S. Senate approving a bill which requires the U.S. holding a domestic reserve of uranium; another one has been the shutting down of operating mines like Cigar Lake, and reducing further development and production of mines in Kazakhstan. This and other causes resulted in a higher spot price for U3O8 in 2020, as is shown on this chart from the Cameco (CCO.TO) website: