Blue Sky Uranium Corp. · TSXV:BSK
Blue Sky Uranium — Investor Presentation (December 2009)
31 slides from Blue Sky Uranium's investor presentation, Dec 8, 2009
Slide 1: A Pioneer In Argentina
A Pioneer In Argentina Clean Energy Clean Future TSX-V: BSK Dec. 8, 2009 1
Slide 2: Legal Disclaimer
Legal Disclaimer Statements in this release that are forward looking statements are subject to various risks and uncertainties concerning the specific factors identified above and in the Corporation’s periodic filings with the Ontario Securities Commission and the U.S. Securities Exchange Commission
Slide 3: Key People
Key People Sean D. Hurd President & CEO, Director One of the founders of the Company with over 15 years of public market experience including raising venture capital and managing resource exploration companies with assets in Argentina, Peru, Columbia, USA and Canada. Experienced in initial IPOs, sma
Slide 4: Key People
Key People Ronald Netolitzky, MSc. Director Mr. Netolitzky has Snip, Eskay Creek, and Brewery Creek gold mines to his credit and he is one of a handful of Canadian explorationists acknowledged as a successful mine finder and developer. He was honoured with the Bill Dennis Prospector of the Year Awar
Slide 5: Global Uranium Reactor Demand / Supply
Global Uranium Reactor Demand / Supply 2009 Projections* Demand 180 million pounds Mine Supply 115 million pounds Annual Shortfall 65 million pounds "Somewhere between 24 and 12 million pounds of supply will drop out after 2013" Mr. Jerry Grandey, Cameco, C.E.O. *Source: Reuters Cameco CEO Interview
Slide 6: Argentina's Shortfall Supply vs. Demand
Argentina’s Shortfall Supply vs. Demand • First reactor in Argentina built in 1974 (CANDU design) • Nuclear power is 7% of Argentina’s electricity, 20% by 2025 • Uranium demand expected to double to 220 tonnes / year • Canada primary supplier of uranium • Zero domestic production • Federal governmen
Slide 7: Argentina's Nuclear Industry
Argentina’s Nuclear Industry • Provide engineering and development services abroad • Design, build and export research reactors • 2 nuclear plants in operation • 1 nuclear plant in construction stage • 1 nuclear plant in planning stage • 6 research reactors • 4 particle accelerators • 3 atomic centr
Slide 8: Rio Negro Province Nuclear Industry
Rio Negro Province Nuclear Industry INVAP, located in Rio Negro, operates research reactors in the province and exports reactors and technology world wide. Skilled nuclear workforce. See www.invap.net 8
Slide 9: Rio Negro's Alliance with The Grosso Group
Rio Negro’s Alliance with The Grosso Group The agreement between the Province of Rio Negro, Argentina, and the Grosso Group, is to jointly explore for mining and energy related mineral deposits. This is the first agreement of its kind in Rio Negro, highlighting Blue Sky’s and the Grosso Group’s rela
Slide 10: Experienced Exploration Professionals
Experienced Exploration Professionals Jorge Berizzo, PhD • Senior Uranium Geologist for the Argentine Government (CNEA) for over 14 years • Discovered 10 million lb. Cerro Solo deposit • Formulated detailed regional exploration plan in 1979 – project was put on hold by the Argentine Government • Ide
Slide 11: Exploration Activities Argentina
Exploration Activities Argentina • 5,000 km2 of projects (100% owned) • Focus is on unexplored regions • First two discoveries made in Rio Negro • Blue Sky is one of the largest uranium land holders in Argentina Santa Barbara & Anit Projects Santa Barbara and Anit Projects TSX-V: BSK Other BSK urani
Slide 12: Deposit Type Comparison
Deposit Type Comparison BSK’s Rio Negro (Argentina) Projects • Geologically similar the 160,000,000 lbs* Langer Heinrich in Namibia, Africa • Hosted in channel-facies quartz rich sandstone pebble conglomerate • Dominate uranium mineral carnotite (a uranium vanadium phosphate) Langer Heinrich Deposit
Slide 13: Target Deposit Type Calcrete Paleochannel
Target Deposit Type Calcrete Paleochannel Advantages of Paleochannels • Located at or within a few metres from surface • Very low cost to explore • Very low cost to mine and develop • Large low grade deposits economically attractive Surface mining – cost effective Surface level Shallow deposit Gener
Slide 14: Blue Sky's Discoveries Have District wide potential
Blue Sky’s Discoveries Have District wide potential BSK’s airborne radiometric surveys discovered two very large uranium channel targets with district wide importance. Santa Barbara 11 km mineralized trend ANIT 15 km mineralized trend TSX-V: BSK 14
Slide 15: ANIT Radiometrics
ANIT Radiometrics 15 km strike length 15
Slide 16: Pit Sampling Technique
Pit Sampling Technique 3 metres @ 0.84% U3O8 (bottomed in mineralization) Pit sampling has proved to View from surface looking to depth. All be very effective, accurate, pits have been excavated by hand. and extremely cost effective. 16
Slide 17: ANIT West Zone Results
ANIT West Zone Results 3 metres @ 0.14% U3O8 3 metres @ 0.22% U3O8 2 metres @ 0.14% U3O8 3 metres @ 0.84% U3O8 2 metres @ 0.07% U3O8 3 metres @ 0.14% U3O8 2.8 metres @ 0.085% U3O8 17 Note 1 - 10,000 ppm = 1% and 1% U = 1.1792% U3O8
Slide 18: ANIT Central Zone Results
ANIT Central Zone Results 1.5 metres @ 0.09% U3O8 2.5 metres @ 2 metres @ 0.07% U3O8 0.11% U3O8 2.5 metres @ 0.06% U3O8 2.1 metres @ 0.2 % U3O8 3.5 metres @ 2.5 metres @ 0.05% U3O8 0.19% U3O8 1.5 metres @ 2 metres @ 0.12% U3O8 0.06% U3O8 Note 1 - 10,000 ppm = 1% and 18 1% U = 1.1792% U3O8
Slide 19: ANIT Depth Potential
Blue Sky Uranium ANIT Depth Potential Corp. ANIT WEST) ANIT CENTRAL ANIT| EAST & w 8 , mts & s “ Rid E mis J 3 eS Ss oy 160 iat Se @ of l oe s 150: 2 150 25 m Elevation difference I we a se se S = L I ih < 15 Kilometers > 19 ANIT DEPH ANALYSIS
Slide 20: ANIT Radon Survey
ANIT Radon Survey Paleochannel or Paleo Shoreline? 20
Slide 21: ANIT Project Patagonia
ANIT Project Patagonia The average grade of from 83 pits covering over a strike length of 6km is 0.045% U3O8 within a 15 km long radiometric anomaly. The target remains open along strike and to depth. A trenching and drilling program is expected to begin in the fall of 2009. 21
Slide 22: Uranium Grade Comparisons
Uranium Grade Comparisons Blue Sky Uranium Corp. Mega Uranium Ltd. Project: ANIT Project: Lake Maitland Location: Rio Negro, Argentina Location: Western Australia Size: ?? Size: 23 million pounds Grade: 0.045% U3O8 Grade: 0.033% U308 Forsys Metals Corp Paladin Energy Ltd. Project: Valencia Project:
Slide 23: Paleochannel Deposits Financially Attractive
Paleochannel Deposits Financially Attractive Mega Uranium** Paladin Energy* (Development Stage) (In Production) Deposit Lake Maitland Langer Heinrich Size 23.7 million pounds 160 million pounds Strike Length 8 km 15 km Grade 0.033% (0.01% cutoff) 0.06% (0.025% cutoff) Location Western Australia Nami
Slide 24: ANIT / Lake Maitland Radiometrics Comparison
ANIT / Lake Maitland Radiometrics Comparison Mega Uranium’s deposit at Lake Maitland extends well beyond the radiometric signature. This highlights the exploration potential at ANIT. The Lake Maitland Deposit is 8 km in length. 24 Source – Mega Uranium, Lake Maitland Scoping Study
Slide 25: Lake Maitland Radiometrics Superimposed on ANIT
Lake Maitland Radiometrics Superimposed on ANIT Mineralization at Lake Maitland (23 million lbs U3O8) extends for 8 km and averages 1.7 metres in thickness. ANIT’s radiometric signature extends for 15 km. Note: Airborne radiometrics can only penetrate 30 cm below surface. 25 Source – Mega Uranium, L
Slide 26: Argentina Excellent Infrastructure
Argentina Excellent Infrastructure • Region has very low population density • Elevation of 200 metres • Rainfall of 300 mm (12 inches) per year • Year-round exploration • 3 hr drive to city with 70,000 population • 200 km to deep sea port • Power nearby, rail access within 100 km TSX-V: BSK 26
Slide 27: Exploration Plans
Exploration Plans 2009- 2010 Rio Negro Province • Permitting underway for fall trenching and drilling at ANIT • Metallurgy testing at ANIT • Conduct a 20,000 square kilometre airborne radiometric survey • Acquire new ground prospective for uranium discoveries • Expand regional surface exploration Co
Slide 28: Share Structure
Share Structure Issued and Outstanding 50,772,676 Total Warrants 22,500,013 Total Options 4,445,000 Fully Diluted 77,802,689 Average Daily Volume (50 day) 361,800 Average Daily Volume (200 day) 150,500 TSX-V: BSK Nov. 13, 2009 28
Slide 29: Corporate Head Office
Corporate Head Office Suite 709 – 837 West Hastings Street Vancouver, B.C., V6C 3N6 (604) 687-1828 T (604) 687-1858 F www.blueskyuranium.com info@blueskyuranium.com TSX-V: BSK Clean Energy Clean Future 29
Slide 30: Appendix 1
Appendix 1 Bankable Feasibility Study A US$3 million BFS was conducted by GRD Minproc, a project engineer of international repute. Completed in April 2005 and approved by the Paladin Board in May, the BFS has confirmed that a large body of uranium mineralisation exists at Langer Heinrich. The define
Slide 31: Appendix 2
Appendix 2 Mega Uranium Lake Maitland scoping study See Mega 2008-10-21 News Release MEGA URANIUM ANNOUNCES RESULTS OF SCOPING STUDY OF LAKE MAITLAND URANIUM RESOURCE, WESTERN AUSTRALIA •Based on an annual throughput of 1.67 million tonnes of ore at a cut-off grade of 200 ppm U3O8, production is est
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