Blue Sky Uranium VP Exploration Receives “Explorer of the Year” Award
13 Septiembre 2018 - 8:30AM
Blue Sky Uranium Corp. (TSX-V: BSK, FSE: MAL2;
OTC: BKUCF)
, "Blue Sky" or the "Company") is
pleased to announce that Guillermo Pensado, Vice President of
Exploration, received the “Explorer of the Year” Nivaldo Rojas
Award at the 2018 Argentina Mining conference last week.
Nominees for the award are put forth and voted on by members of the
exploration and mining community attending the annual conference,
which is the premium international event of the Argentinean mining
sector.
“On behalf of Blue Sky and our shareholders, I
am very proud of Guillermo’s distinguished recognition,” stated
Nikolaos Cacos, President and CEO. “We have always believed in
attracting top talent for Blue Sky, and this much deserved award
highlights our exceptional technical team.”
Mr. Pensado is a professional economic geologist
with more than two decades of expertise in the mineral exploration
industry, with particular emphasis on uranium. He has extensive
experience in exploration and economic project assessment in
Argentina, Brazil, Chile, Peru, USA and Canada, mainly focused in
uranium, precious metals and copper deposits. Mr.
Pensado has led the exploration program at Blue Sky’s Amarillo
Grande project since 2016.
About the Amarillo Grande
ProjectThe Company's 100% owned Amarillo Grande
Uranium-Vanadium Project in Rio Negro Province, Argentina is a new
uranium district controlled by Blue Sky. The Project includes
several major target areas over a 145-kilometre trend, with uranium
and vanadium mineralization in loosely consolidated sandstones and
conglomerates, at or near surface. The area is flat-lying,
semi-arid and accessible year-round, with nearby rail, power and
port access. The Company’s strategy includes delineating resources
at multiple areas for which a central processing facility could
consolidate production. The Ivana deposit is the cornerstone of the
Project and the first area to have a NI 43-101 Inferred Resource
estimate, which includes 23.9 million tonnes averaging 0.036%
U308 and 0.019% V2O5, containing 19.1 million pounds of
U3O8 and 10.2 million pounds of V2O5, at a 100 ppm uranium
cut-off (Thorson et al., April 18th 2018 filed on SEDAR).
Mineralization at Amarillo Grande has
characteristics of sandstone-type and surficial-type
uranium-vanadium deposits. The sandstone-type mineralization is
related to a braided fluvial system and indicates the potential for
a district-size system. In the surficial-type deposits, carnotite
mineralization coats loosely consolidated pebbles, and is amenable
to leaching and simple upgrading.
The near-surface mineralization, ability to
locally upgrade, amenability to leaching and central processing
possibility suggest a potentially low-cost development scenario for
a future deposit.
For additional details on the project and
properties, please see the Company’s
website: www.blueskyuranium.com.
About Blue Sky Uranium
Corp.
Blue Sky Uranium Corp. is a leader in uranium
discovery in Argentina. The Company's objective is to deliver
exceptional returns to shareholders by rapidly advancing a
portfolio of surficial uranium deposits into low-cost producers.
Blue Sky has the exclusive right to over 450,000 hectares of
property in two provinces in Argentina. The Company’s flagship
Amarillo Grande Project was an in-house discovery of a new district
that has the potential to be both a leading domestic supplier of
uranium to the growing Argentine market and a new international
market supplier. The Company is a member of the Grosso Group, a
resource management group that has pioneered exploration in
Argentina since 1993.
ON BEHALF OF THE BOARD
“Nikolaos Cacos”
______________________________________Nikolaos Cacos, President,
CEO and Director
For further information, please contact:
Corporate Communications Tel: 1-604-687-1828 Toll-Free:
1-800-901-0058
Email:
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Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This news release may contain forward-looking
statements including but not limited to comments regarding the
timing and content of upcoming work programs, geological
interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future
events and conditions and therefore involve inherent risks and
uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Readers are encouraged to
refer to the Company's public disclosure documents for a more
detailed discussion of factors that may impact expected future
results. The Company undertakes no obligation to publicly update or
revise any forward-looking statements. We advise U.S.
investors that the SEC's mining guidelines strictly prohibit
information of this type in documents filed with the SEC. U.S.
investors are cautioned that mineral deposits on adjacent
properties are not indicative of mineral deposits on our
properties.
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