Blue Sky Uranium Stock Price, News & Analysis

Blue Sky Uranium Corp. (OTC: BKUCF) has announced a 1,200 metre RC drilling program targeting the Ivana East site, located 10 km from the Ivana deposit in Argentina. This initiative is part of a broader exploration strategy to identify uranium-vanadium deposits within its Amarillo Grande Project. The Ivana East target's geological characteristics show similarities to the nearby Ivana deposit, underscoring its potential. The program consists of 24 holes with an average depth of 40 metres, focusing on high-porosity conglomerates and sandstones. The Company aims to enhance resource delineation while advancing the project towards prefeasibility.

Blue Sky Uranium Corp. (OTC: BKUCF) announced its participation in the Emerging Growth Conference on February 8, 2023. The event will allow existing shareholders and the investment community to engage with the company's CEO, Nikolaos Cacos, during a live presentation at 1:10 PM Eastern time. Participants can submit questions beforehand or during the event. Archived webcasts will also be available post-event. Blue Sky Uranium, a leader in uranium discovery in Argentina, aims to advance its Amarillo Grande Project and deliver exceptional shareholder returns.

Blue Sky Uranium (OTCQB:BKUCF), based in Argentina, focuses on advancing its uranium projects into production. The flagship Amarillo Grande Project includes the Ivana deposit, with a reported 22.7 million lbs of uranium and 11.5 million lbs of vanadium. The company is prioritizing exploration at the Cateo Cuatro sector and moving towards drill-testing at promising targets. The region boasts year-round accessibility and established infrastructure. Shares currently trade at $0.13. Blue Sky Uranium aims to be a key supplier in the growing Argentine uranium market and potentially for international markets.

Blue Sky Uranium Corp. has announced a comprehensive field exploration program at its Cateo Cuatro sector and has moved the Ivana East target to the drill-testing stage. The Ivana East target is located 10 km east of the Ivana deposit, while Cateo Cuatro is 32 km southwest. These targets were prioritized to identify additional uranium deposits within the Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina. The exploration program includes geological mapping, auger drilling, and radiometric surveys, building on extensive geological data reviewed since 2012.

Blue Sky Uranium Corp. (OTC: BKUCF) announced assay results from the final tranche of its reverse circulation drilling at the Ivana Deposit in Argentina's Amarillo Grande Project. The latest drill program included 2,042 samples from 209 holes, indicating significant uranium and vanadium mineralization. Highlights include various intervals such as 7 meters averaging 309ppm U₃O₈ and 417 ppm V₂O₅. This data will contribute to an updated mineral resource estimate moving towards a prefeasibility stage.

Blue Sky Uranium Corp. (TSXV: BSK, OTC: BKUCF) has appointed PI Financial Corp. as its market maker, as announced on August 29, 2022. This collaboration aims to maintain an orderly market on the TSX Venture Exchange. Blue Sky will compensate PI with a monthly fee of $4,000 for a minimum of three months, and PI will not receive any shares or options as part of this agreement. Blue Sky's strategy focuses on advancing its uranium projects in Argentina, particularly the flagship Amarillo Grande Project, to supply the growing local and international markets.

Blue Sky Uranium Corp. (OTC: BKUCF) has announced its application to the TSX Venture Exchange to extend the term of 24,906,588 outstanding warrants set to expire on June 11, 2022, to June 11, 2023. The exercise price remains at $0.30. These warrants were originally issued in June 2018 under a private placement and have not yet been exercised. The amendment is pending approval from the TSXV. The company focuses on uranium discovery in Argentina and aims to advance its projects into low-cost producers, enhancing shareholder value.