284 0 Kommentare Blue Sky Launches Phase 1 of 10,000 metre RC Drilling Program at Amarillo Grande Uranium Project, Argentina

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 26, 2017) - Blue Sky Uranium Corp. (TSX VENTURE:BSK)(FRANKFURT:MAL2)(OTCQB:BKUCF) ("Blue Sky" or the "Company") is pleased to announce that the Company has launched a Phase 1, 3,050 metre reverse circulation ("RC") drilling program at the Amarillo Grande project, in Rio Negro Province, Argentina. This program will include 166 holes at the previously explored Ivana, Anit and Santa Barbara targets (see Table 1 below) with a goal of refining the geological model and further evaluating the potential for near-surface uranium deposits. This program is the first phase of the overall 10,000 metre program which is designed to prepare for potential resource estimation in 2017.

"The commencement of the phase one drill program marks an exciting step forward in the development of the project and we anticipate moving quickly towards our goal of resource delineation," stated Nikolaos Cacos, Blue Sky President & CEO.

RC Drilling Program Details

Targets for the drilling program were chosen based on the geological model that was adjusted by the results of the recent geophysical program (see News Release dated January 12, 2017). The average estimated depth of drilling is between 10 and 45 metres. The drill program is being carried out by Cono Sur SA, an Argentine drilling company, using an ROC L8 drill rig from Atlas Copco, an ore-control track-mounted rig adapted to reverse circulation. A double cyclone was built in order to reduce the dust loss during sampling. Every metre is weighed, measured by scintillometer and split into two samples of three to five kilograms each, one for assaying and one as control. The sampling includes a Quality Assurance - Quality Control ("QAQC") program comprising duplicate samples, blanks and standards. Every hole will also be surveyed with a radiometric probe under the supervision of a Senior Geophysicists with experience in resource estimation at uranium deposits.

Table 1. Amarillo Grande Phase I Drill Program