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Blue Sky Uranium Expands Drill Plan to Advance the Ivana Uranium-Vanadium Project
Blue Sky Uranium Expands Drill Plan to Advance the Ivana Uranium-Vanadium Project Canad...
About this update from Blue Sky Uranium Corp.
[{"type":"text","content":"\n\n\n\n Blue Sky Uranium Expands Drill Plan to Advance the Ivana Uranium-Vanadium Project\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntar{\nTEXT-ALIGN: RIGHT\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n TSX Venture Exchange: BSK\n \n Frankfurt Stock Exchange: MAL2\n \n OTCQB Venture Market (OTC): BKUCF\n \n\n\n\n VANCOUVER, BC\n \n\n ,\n \n\n May 14, 2025\n \n\n /CNW/ -\n \n Blue Sky Uranium Corp.\n \n (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF),\n \n (\"Blue Sky\"\n \n or the\n \n \"Company\")\n \n is pleased to announce an update to the 2025 drill program to advance the Ivana Uranium-Vanadium deposit towards feasibility. The drill program is being planned and executed by Blue Sky's joint-venture operating company Ivana Minerales S.A., (\"\n \n JVCO\n \n \", a partnership with Abatare Spain, S.L.U.).\n \n\n\n\n\n\n\n\n\n The updated programs have led to a doubling of the original budget to\n \n US$6.0M\n \n , beyond the minimum annual commitment of\n \n US$3M\n \n for the first year stipulated in the joint-venture agreement. The new estimate includes\n \n US$4.4M\n \n for the infill drilling program and\n \n US$1.6M\n \n for a subsequent exploration drilling program.\n \n\n\n Nikolaos Cacos\n \n , President & CEO of the Company stated,\n \n \"It is clear that JVCO has decided to move forward with an aggressive work plan aimed at achieving technical and economic feasibility in the shortest possible time. This supports the near-term goal for Ivana: building a strong asset for our shareholders that offers\n \n Argentina\n \n a potential domestic uranium supply for its nuclear energy generation.\"\n \n\n\n As previously reported, the next program is expected to include up to 6,000 metres of reverse circulation (\"\n \n RC\n \n \") drilling. The program has been refined to include approximately 330 drill holes with an estimated average depth of 18 metres as shown in\n \n Figure 1\n \n . This will include infill drilling to support the reclassification of some inferred mineral resources to indicated mineral resources and to improve the geological modeling to allow the...