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Blue Sky Completes 3,000 Square Km Airborne Radiometric Survey in Argentina Blue Sky Uranium Corp. (BSK-TSX.V) is pleased to announce that the company has completed an airborne radiometric and magnetic survey in Rio Negro province, Argentina covering more than 3,000 square kilometres. The survey was carried out by New Sense Geophysics Limited as part of the ongoing work on the Company's Santa Barbara project and review of over 4,000 square km of uranium projects in Argentina. Blue Sky is expecting to have the final interpretation and report from this program shortly and is planning surface programs to follow up on airborne targets. "This significant airborne program has been conducted over a under-explored region that has never seen systematic airborne radiometric and magnetic surveys in the past. This represents a great opportunity for our Company as we continue to pursue our objective of becoming one of the leading uranium explorers in Argentina," said Dr. Clifton Farrell, Executive VP and C.O.O. Airborne radiometric surveys can rapidly delineate areas of elevated surface uranium mineralization for subsequent detailed geological examination, sampling and resource assessment. Blue Sky is employing this exploration technique to focus on the most prospective areas for follow-up exploration. To date in Rio Negro, Blue Sky has acquired an option to earn a 75% interest in the 60,000 hectare Santa Barbara project from Argentina Uranium Corp. Surface exploration work has identified a mineralized trend that extends for over 11 km with grades up to 13,400 ppm U corresponding with a fault mapped on government geological maps (see news release dated Sept. 10-07). Preliminary results from the airborne survey show that the mineralized trend correlates with a linear radiometric anomaly. The Santa Barbara uranium project is a new discovery made by Dr. Jorge Berizzo, an internationally recognized Argentine geologist who also played a leading role in the discovery of the Cerro Solo uranium deposit (10.14 million pounds U at 0.3 to 0.5 per cent U) in nearby Chubut province. Blue Sky has an exclusive agreement with Argentine Uranium to review over 4,000 square kilometres of its prospective uranium property in Argentina. The uranium mineralization identified to date on the Santa Barbara property is hosted by flat lying continental fluvial Upper Cretaceous calcite-cemented conglomerate and sandstone interlayered between limonitic mudstones with high gypsum contents within the Neuquen Basin. These rocks are located in an area of subdued topography. Cerro Solo is hosted by Lower Cretaceous fluvial sedimentary rocks of the San Jorge Basin in a similar geological setting. The contents of this news release have been reviewed by Dr. Ron McMillan, P.Geo., a consultant to and director of the Company, and a Qualified Person as defined by National Instrument 43-101. ON BEHALF OF THE BOARD "Sean Hurd" Mr. Sean Hurd, President & CEO For further information please contact Mark Chadwick, Manager Corporate Communications at 1-800-901-0058 or 604-687-1828, or fax 604-687-1858, or by email info@blueskyuranium.com, or visit the Company's web site at http://www.blueskyuranium.com |
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| aus der Diskussion: | Blue Sky Uranium: Fakten und News |
| Autor (Datum des Eintrages): | hoschmi (03.10.07 20:01:22) |
| Beitrag: | 55 von 101 (ID:31834643) |
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