Blue Sky Uranium Corp. reports exploration and project-advancement developments for its uranium-vanadium portfolio in Argentina. Its updates center on the Amarillo Grande Project in Rio Negro Province, including the Ivana uranium-vanadium deposit and district targets such as Ivana East and Ivana Gateway.
Recurring announcements cover drilling programs and assay results, mineralization modeling, infill and expansion work, hydrogeological studies, metallurgical testing, and engineering activities supporting technical studies at Ivana. The company also reports corporate updates tied to its joint-venture operating company Ivana Minerales S.A., investor relations activities, and mining-industry presentations.
Blue Sky (OTCQB:BKUCF) reported initial diamond drilling results at the Ivana Gateway target, Amarillo Grande, Argentina. Twelve holes (796m) confirmed uranium mineralization including 3.4m @ 272 ppm U3O8 (AGIG-007) and 1.5m @ 302 ppm U3O8 (AGIG-002).
Mineralization occurs in reduced, organic-rich sandstones, correlates with IP chargeability anomalies, and the program continues with a western-phase drill fence funded by JV partner IMSA under a Call Option that carries a 2% royalty to MCA.
Blue Sky Uranium (OTCQB: BKUCF) reported detailed geological modelling of a newly accessed higher-grade domain within and adjacent to the core of the Ivana deposit at Amarillo Grande, Argentina, dated February 17, 2026. The domain footprints 505 m by 132 m, thickness ranges 1–17 m, and 27 holes were drilled.
The release notes ~66% of the domain was inside the 2024 block model and ~34% was outside; updated deposit-wide modelling and a new resource estimate are identified as next steps.
Blue Sky Uranium (OTCQB: BKUCF) has engaged Maximus Investor Relations Ltd., led by Shawn Perger, under a one-year investor relations agreement effective January 1, 2026.
The contract pays an annual fee of $126,000, payable monthly, for services including corporate communications, broker presentations, trade show attendance, and marketing. Maximus is based in Vancouver and is described as arm's length. Principals do not currently hold common shares but have rights to acquire 2,600,000 common shares (including 600,000 stock options that expire January 29, 2026). The appointment is subject to TSX Venture Exchange approval.
Blue Sky Uranium (OTCQB: BKUCF) reported completion of an infill RC drilling program at the Ivana deposit, Amarillo Grande, Argentina on January 12, 2026. The program comprised 328 holes totaling 4,959 metres, raising the project total to 1,166 holes / 15,828 metres. Assays show ~15% of holes (51 holes) intercepted ≥1m @ 0.1% (1,000ppm) U3O8, with high-grade intervals up to 1m @ 7,003ppm U3O8. Results are reported as true thickness and were QA/QC audited; data are intended to support upgrading inferred resources and advance prefeasibility/feasibility studies.
Blue Sky Uranium (OTCQB: BKUCF) launched a 1,200-metre diamond drill program at the Ivana Gateway target in the Amarillo Grande project, Río Negro, Argentina, testing a 1.4 km chargeability anomaly interpreted as an extension of the Ivana redox front. The program comprises a fence of holes spanning 4,300 metres; 11 of 19 planned holes were completed by the date of this release using HQ core. Drill logging and sampling are ongoing and assay results will be released when received and interpreted.
The program is executed by AGV Falcon Drilling and is funded by JV partner Ivana Minerales S.A. under a Call Option allowing IMSA to acquire up to 100% of certain exploration targets over six years, with a 2% royalty payable to Minera Cielo Azul.
Blue Sky Uranium (OTC:BKUCF) completed a comprehensive Gap Analysis for the Ivana deposit at Amarillo Grande, targeting advancement from PEA to PFS and FS.
The roadmap spans ~24 months with a total estimated budget of US$13.45 million (US$11.4M studies + US$2.05M contingency) and key milestones from Q4 2025 to Q3 2027. Baseline MRE: 19.7 Mt Indicated @0.039% U3O8 and 5.6 Mt Inferred @0.031% U3O8. PEA economic metrics: CapEx US$159.7M, AISC US$24.95/lb U3O8, NPV8% US$227.7M, IRR 38.9%.
Blue Sky Uranium (OTCQB: BKUCF; TSXV: BSK) will present at Red Cloud's Fall Mining Showcase 2025 in Toronto. The in-person conference is scheduled for November 4–5, 2025 at the Sheraton Centre Toronto Hotel.
Niko Cacos will present on November 5, 2025 at 12:00 PM ET. Shareholders and interested parties are invited to attend and register via the conference website for the latest agenda and registration details.
Blue Sky (OTC: BKUCF) completed an induced-polarization electrical tomography (ET) survey at the Ivana Gap target within the Amarillo Grande Uranium-Vanadium Project on Oct 16, 2025. The single 5-km line identified a 1,400-metre wide chargeability anomaly approximately 30–60 m below surface, interpreted as a northerly extension of the Ivana REDOX front linking Ivana Deposit and Ivana Central.
The anomaly makes Ivana Gap a priority for follow-up and the company plans a diamond drill program scheduled to commence in Q4 2025. The work is funded by JV partner IMSA under a Call Option that can acquire up to 100% of certain targets and would grant MCA a 2% royalty.
Blue Sky Uranium (OTC:BKUCF) has initiated two significant programs at its Amarillo Grande Project in Argentina. The company has launched an exploration program through Ivana Minerales S.A. (IMSA), starting with a pole-dipole electrical tomography survey at the Ivana Gap target, while also completing a major infill drilling program at the Ivana Deposit consisting of 4,959 metres across 328 holes.
The company has also begun a comprehensive Gap Analysis led by M3 Engineering, marking a crucial step in transitioning Ivana from exploration to development stage. This analysis, expected to take 4-6 weeks, will identify additional studies, engineering work, and permitting requirements needed for pre-feasibility and definitive feasibility studies.
The infill drilling program has expanded the total drilling at the deposit to 15,839 metres across 1,166 holes, with samples being analyzed for multi-elements using advanced ICP instrumentation. The project currently comprises approximately 80% indicated resources.
Blue Sky Uranium (OTC:BKUCF) has achieved a significant milestone for its Ivana Uranium-Vanadium Project in Argentina's Río Negro Province. The Provincial Mining Authority has officially registered the transfer of mining concessions from Minera Cielo Azul S.A. to Ivana Minerales S.A. (IMSA), the joint venture company established to advance the project.
The registration, completed on June 10, 2025, finalizes the legal process for the mining rights transfer in accordance with Argentine regulations. Official titles under IMSA's name are expected soon. The joint venture is currently conducting a drilling program to support engineering and pre-feasibility studies.