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Shareholder Update Dear Shareholders, Since the last shareholder's letter our Company has made significant progress on many fronts, although the downturn in the overall market has affected our share price along with the vast majority of uranium explorers and producers alike. During this latest market cycle, Blue Sky has remained focused on advancing its projects in Argentina, Saskatchewan and Colombia. In particular, we have made two brand new uranium discoveries in Argentina. Our exploration programs for 2008 are expected to begin shortly, putting us in an excellent position for significant growth this year. In Argentina, as part of our exclusive review of properties held by Argentina Uranium, we have jointly made two very exciting early-stage uranium discoveries in Rio Negro province proving that our grass roots exploration strategy has been very effective. These two discoveries have been made in a region that has previously been unrecognized for its uranium potential. On the Santa Barbara discovery we have identified an 11 km long mineralized anomaly, and on the Anit project we have discovered a 15 km long anomaly. Both the Santa Barbara and Anit properties contain abundant visible uranium mineralization on the surface. Exploration is expected to re-commence soon and will consist of auger sampling, radon gas surveys and scintilometer surveys in areas defined by radiometric surveys to have anomalous uranium mineralization. Trenching and drilling of the targeted areas is anticipated later this year. In Saskatchewan our summer exploration programs in the Athabaska region have focused on the Karin and Eagle Lake projects. These programs have identified several drill targets, and in the coming weeks we expect to commence drilling on the high priority Craig's Bay target. This drill program is expected to be completed late in Q1 or early Q2 2008. In Colombia we are continuing to review new opportunities and grow our uranium property portfolio. Colombia has steadily grown in prominence as an exploration destination due to its rich mineral resources and improved working environment. Our strategy is to be one of the first uranium explorers to build a significant land package in that country. Please visit our web site (www.blueskyuranium.com) for more details about Blue Sky's projects and to view our updated Corporate Presentation that contains our estimated exploration time-line for 2008. Sincerely, "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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. 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. 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. 2007 Copyright (c) 2008 BLUE SKY URANIUM CORPORATION (BSK) All rights reserved. For more information visit our website at http://www.blueskyuranium.com/ or send mailto:info@blueskyuranium.com |
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| aus der Diskussion: | Blue Sky Uranium: Fakten und News |
| Autor (Datum des Eintrages): | hoschmi (14.02.08 12:50:00) |
| Beitrag: | 61 von 101 (ID:33366272) |
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