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Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to announce discovery of new uranium--vanadium mineralized areas at the Company's ANIT project in Rio Negro Province, Argentina. Recent geological mapping and prospecting has identified new mineralized outcrops located 4km to 6km east and northeast of the ANIT West-Central mineralized zone (Click here to view map).

A total of 45 rock (grab) samples were collected with results averaging 0.026% U3O8 and 0.057 % V2O5. The highest grade sample contained 0.373% U3O8 and 0.170 % V2O5. It is considered significant that most of these outcrops occur stratigraphically below the level of ANIT West and Central mineralization, and some were uncovered beneath a thin calcrete cap that would have effectively blocked detection by airborne or ground radiometric surveys. These new discoveries provide further evidence of the depth extent of uranium-vanadium mineralization at ANIT and enhance the potential for further discovery of mineralization below cover.

The company is also pleased to announce that a 1,200m trenching program is now underway on the ANIT West and Central targets. The trenching program will consist of three 400m trenches designed to test the continuity of surface uranium mineralization across strike to a depth of 2-3m in preparation for an 5000m drill program that is scheduled to begin in March 2010.

To date on the ANIT project the Company has identified a 6km long zone of near surface uranium-vanadium mineralization through a series of 83 hand-excavated pits (see September 10, 2009 news release). These pits had an average grade of 0.045% U3O8 with an average thickness of the mineralized interval 1.7m and were dug within a 15km long uranium channel airborne radiometric anomaly. Hand auger drilling from the bottom of 41 pits successfully extended mineralization to a maximum depth of 5.8m below surface. Of the 41 pits selected for augering, 29 had previously encountered mineralization greater than 1m at 0.005% (50 ppm) U. In 20 of these pits (34 samples) the mineralization was extended between 0.5 and 2.8m with average extension of 0.85m at 0.032 % U3O8 (270 ppm U) and 0.046% V. Of 12 pits with no previous mineralization, uranium mineralized material was encountered in the last sample of 3 auger extensions. The target remains open to depth and along strike (see December 01, 2009 news release).

At this early stage of exploration, Blue Sky interprets the ANIT anomaly to be a paleochannel- or surficial-type uranium occurrence similar in style to known deposits in Western Australia (Lake Maitland NI 43-101 compliant inferred resource of 23.7 million lbs U3O8 at an average grade of 0.033% U3O8, and in Namibia (Langer Heinrich deposit with Measured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 million pounds lbs of U3O8 and Inferred Resources of 70.7Mt grading 0.06% containing 91.6 million lbs of U3O8.

The technical information contained in this release has been prepared by Bruce Smith, AusIMM, Blue Sky Uranium Exploration Manager and a Qualified Person as defined by National Instrument 43-101

About Blue Sky Uranium Corp.

Blue Sky Uranium Corp. is dedicated to actively exploring the Patagonia region of Argentina. Experienced management and technical members, who foster relationships with a vast amount of international industry contacts, lead the exploration team on the search for quality resource opportunities. Blue Sky is a member of the Grosso Group, a resource management group with over 15 years experience in exploring South America.

ON BEHALF OF THE BOARD

"Sean Hurd"

Mr. Sean Hurd, President & CEO
 
aus der Diskussion: Blue Sky Uranium: Fakten und News
Autor (Datum des Eintrages): hoschmi  (09.02.10 20:47:17)
Beitrag: 77 von 101 (ID:38913920)
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