Blue Sky Uranium Corp. · TSXV:BSK
Blue Sky Uranium — Investor Presentation (October 2012)
23 slides from Blue Sky Uranium's investor presentation, October 2012
Slide 1: October 2012 - Grosso Group Member Company
October 2012 GROSSO GROUP MEMBER COMPANY
Slide 2: Disclaimer
Disclaimer Statements in this presentation 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: Management & Directors
Management & Directors 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 ini
Slide 4: Management & Directors
Management & Directors David Terry, PhD, PGeo, Director, Dr. Terry has over 20 years of experience in the resource sector focused primarily on exploration for a wide spectrum of precious and base metal deposits in North and South America. He holds a BSc and PhD from the University of Western Ontario
Slide 5: Argentina Team
Argentina Team Daniel Bussandri – Blue Sky Uranium Exploration Manager, Mr. Bussandri has 20 years of experience in mineral exploration in Argentina. He has worked as an exploration professional with Gencor, Billiton, IAMGOLD and Teck Cominco. He has participated in the discovery of the Navidad silv
Slide 6: Why Argentina?
Why Argentina? • Advanced nuclear industry, no uranium production • Minimal historical uranium exploration • Low cost exploration and mining for surficial uranium deposits similar to: Langer Heinrich (Palladin, Namibia) Yeelirrie (BHP Billiton, Western Australia) • Excellent infrastructure; power, w
Slide 7: Argentina's Nuclear Industry
Argentina’s Nuclear Industry • First reactor built in 1974 (CANDU design) • Nuclear power - 7% of country’s electricity, 20% by 2025 • Uranium demand expected to double to 220 tonnes/year • No domestic production • Government encouraging exploration and exploitation Advanced nuclear industry, center
Slide 8: Blue Sky in Argentina
Blue Sky in Argentina • Leading explorer in a new uranium district in Rio Negro Province • Over 5000 km2 (500,000 ha) of projects • Management active in Argentina since 1993 • Member of the Grosso Group • Formal agreement signed by the Governor of Province of Rio Negro, to jointly explore for mining
Slide 9: Rio Negro - Excellent Infrastructure
Rio Negro - Excellent Infrastructure • Very low population density • Elevation - 200 m • Rainfall - 30 cm per year • Year-round exploration • 3-hr drive to Neuquen, 270,000 population, regional centre for oil & gas production • Deep sea port - 200 km • Power nearby, abundant water, rail access - 100
Slide 10: Paleochannel Targets
Paleochannel Targets Surface level Shallow deposit 1 to 5 m thick Deposits can be several km in length • Within a few metres from surface • Low exploration cost • Low cost to develop & mine • Potential for large deposits with easy upgrading • Central processing facility making satellite deposits wit
Slide 11: Central Recovery Plant to Reduce Cap-X
Central Recovery Plant to Reduce Cap-X Development Model – Material from satellite deposits upgraded on site by wet screening to remove barren pebbles (uranium is contained in fine material) thereby increasing the grade and reducing the weight. Upgraded material is then trucked to one central recove
Slide 12: Partnering with AREVA
Partnering with AREVA • 2012 & 2013 - Blue Sky is operator • AREVA can select 1 or 2 projects and earn 51% interest by funding: 2012 - $1 M 2013 - $2 M 2014 - $3 M if AREVA selects 1 project or - $4 M if AREVA selects 2 projects • End of 2013, Blue Sky retains 100% interest in all projects exc
Slide 13: Blue Sky's Key Projects in Rio Negro Province
Blue Sky’s Key Projects in Rio Negro Province Background pattern within the claim groups is uranium equivalent as measured from the airborne radiometrics survey. 13
Slide 14: Rio Negro Province Ivana VIII Discovery
Rio Negro Province Ivana VIII Discovery • New discovery - 7 x 4 km enclosed basin within a 40 x 10 km basin • Significant subsurface radioactivity in three zones which combined covers an area approximately 2.2 square km • Region is geologically similar to deposits in Western Australia and Namibia •
Slide 15: Rio Negro Province - Ivana VIII High Grade Pits
Rio Negro Province – Ivana VIII High Grade Pits Pit From To Thickness Grade U3O8 Copper Silver CAL-30 0.00 0.60 0.60 0.02 % - - CAL-31 0.20 1.00 0.80 0.61 % - - CAL-32 0.20 1.20 1.00 0.38 % - - CAL-33 0.25 1.00 0.75 1.81 % - - CAL-34 0.00 1.00 1.00 0.02 % - - CAL-35 0.00 1.13 1.13 0.20 % - - CAL-36
Slide 16: Rio Negro Province - Anit Project
Rio Negro Province – Anit Project Trench 1 Trench 2 358 m of 0.05% U3O8 and 0.16% V2O5 114 m of 0.02% U3O8 and 0.08% V2O5 Trench 3 Trench 4 375 m of 0.04% U3O8 and 0.06% V2O5 91 m of 0.07% U3O8 and 0.07% V2O5 16
Slide 17: Rio Negro Province - Anit Upgrading Results
Rio Negro Province - Anit Upgrading Results • Avg. from 103 mineralized pits: 2.4 m thickness @ 0.04% U3O8 & 0.07% V2O5 • Best intercept - 5.5 m thickness at 0.10% U3O8 • Significant upgrading by low-cost wet screening to remove coarse pebbles. • Upgrading makes satellite deposits utilizing one cent
Slide 18: Comparisons - Paleo-channels
Comparisons Paleo-channels - low cost production and robust economics Project & Grade Rock Type Thickness Length Width Resource Location % U3O8 km km M lbs. Anit Sand & 2.4 m from Up to 6 Up to 0.5 Unknown - Blue Sky 0.03 gravel1 surface Ivana 0.02 to Sand & From Unknown Unknown Unknown - Blue Sky 1
Slide 19: Chubut Province - Sierra Colonia Project
Chubut Province – Sierra Colonia Project Tabular Sandstone-hosted Target Situated 96 km east of Cerro Solo Deposit (historical resource of 15 M lbs. U308) in similar geological environment Hand pits and chip samples Zone Width (m) Grade % U3O8 Fluo 2.0 0.14 % 1.0 0.09 % 1.5 0.07 % Zone 1 1.0 0.13 %
Slide 20: Sierra Colonia - Exploration Plans
Sierra Colonia –Exploration Plans Q4 • Geological mapping to define the mineralized horizons. • Geophysical survey to establish the depth of the Cretaceous sedimentary rocks. Q1 2013 • Planned drill program. 20
Slide 21: Upcoming Exploration Programs
Upcoming Exploration Programs • AREVA-funded exploration programs: Rio Negro/Ivana – Geophysics, mechanical excavation and drilling to outline areas for resource estimation Chubut/Sierra Colonia - Map and geophysics to identify drilling targets and to prepare for drilling • Develop central proce
Slide 22: Share Structure - October 1, 2012
Share Structure – October 1, 2012 Shares Issued 23,402,010 Warrants 8,705,017 Options 2,178,800 Fully Diluted 34,285,827 22
Slide 23: Corporate Head Office
Corporate Head Office Suite 709 – 837 West Hastings Street Vancouver, BC, Canada V6C 3N6 Telephone: +1-604-687-1828 Toll free: +1-800-901-0058 www.blueskyuranium.com info@blueskyuranium.com 23
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