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Blue Sky Launches Drilling Program at Ivana Gateway Target, Amarillo Grande Uranium-Vanadium Project, Argentina
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Blue Sky Uranium Corp. (TSXV...
About this update from Blue Sky Uranium Corp.
[{"type":"text","content":"Blue Sky Launches Drilling Program at Ivana Gateway Target, Amarillo Grande Uranium-Vanadium Project, ArgentinaVancouver, British Columbia--(Newsfile Corp. - December 17, 2025) - Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTCQB: BKUCF), \"Blue Sky\" or the \"Company\") is pleased to announce that the Company has launched a 1,200-metre diamond drilling program at the Ivana Gateway target (formerly Ivana Gap), located 4700 metres northwest of the Ivana deposit, within the Amarillo Grande Uranium-Vanadium district, Río Negro Province, Argentina (\"AGP\").In October 2025, the Company completed a 5 km pole-dipole ET geophysical survey at Ivana Gateway, which delineated a 1.4 km-wide chargeability anomaly interpreted as the extension of the redox front system present at Ivana. The aim of the current program is to test for mineralization and/or geochemical vectors related to a northern extension to the Ivana uranium deposit. The program will drill a fence of holes spanning 4300 metres, testing the interpreted redox front. Contractor AGV Falcon Drilling is executing the program and all holes are being drilled using HQ-diameter core. The drilling program was initiated in late October and 11 holes have been completed to date out of 19 planned (see Figure 1). Drill core logging and sampling is ongoing, and analytical results will be released once received and interpreted. Nikolaos Cacos, Blue Sky President & CEO commented, \"We are pleased to be drilling a new priority target on Blue Sky's 100% held concessions close to the Ivana deposit. We continue to refine and test our exploration model for the Amarillo Grande project, which we believe has the potential to host multiple deposits similar to Ivana.\"The Ivana Gateway target is located on concessions held by Blue Sky via its 100% owned subsidiary, Minera Cielo Azul S.A. (\"MCA\"). This drilling program is funded by Ivana Minerales S.A. (\"IMSA\") the joint venture company (\"JVCO\") established to advance the Ivana Uranium-Vanadium Project. Under the terms of the definitive agreement announced on December 2, 2024 IMSA has the exclusive right and option (\"Call Option\") to acquire up to a 100% interest in certain exploration targets (\"Exploration Targets\") at Amarillo Grande. To exercise this right, IMSA must incur certain funding obligations over the six-year term of the ...