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Re: News Releases - Thursday, March 25, 2010 Title: Blue Sky Commences Drilling At ANIT -------------------------------------------------------------------------------- Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to announce that a Phase 1 drill program has commence on its ANIT project in Rio Negro Province, Argentina. The program consists of approximately 200 drill holes for a total of 5000 meters of aircore drilling to test 6 km of the known mineralized paleo-channel, defined by pits and trenching, as well as further targets in the 15 km long radiometric U anomaly, and radon gas and new geochemical targets outside the principal airborne anomalies. Highlights from previously announced results at ANIT include a mechanized trenching interval that averaged 358 meters at 0.052% U3O8.The weighted average of mineralized intervals from the three trenches completed on the project was 847 meters grading 0.043% U3O8. The mineralization remains open to depth. Uranium -- Vanadium mineralization appears to be open in width in Trench 1 and Trench 3 (see March 23, 2010 news release). Pit sampling 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 1.7 m and were dug within a 15 km long uranium channel airborne radiometric anomaly. Hand auger drilling from the bottom of 41 pits successfully extended mineralization to a maximum depth of 5.8 m below surface At this early stage of exploration, Blue Sky interprets the ANIT anomaly to be similar in style to known deposits in Western Australia (Lake Maitland NI43-101 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 has, through its membership with Grosso Group Management, has signed and agreement in principle for a strategic alliance with the Government of Rio Negro for the purpose of jointly exploring the potential for commercial mining activity to develop mining projects that provide for the acquisition, exploration and exploitation of polymetallic and energy related mineral deposits. The Company 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 |
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| aus der Diskussion: | Blue Sky Uranium: Fakten und News |
| Autor (Datum des Eintrages): | hoschmi (25.03.10 19:34:30) |
| Beitrag: | 80 von 101 (ID:39217378) |
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