Exploring Argentina

Blue Sky Uranium has assembled a 600,000-hectare land package in the Patagonia region of southern Argentina, making the Blue Sky one of the largest uranium project holders in the Country. All of the projects that Blue Sky is currently evaluating have been selected with the assistance of Dr. Berizzo* for their potential to host economic uranium deposits.

The Company has completed more than 20,000 square kilometres of radiometric and magnetic survey, the first of survey of its kind ever conducted in the region. This has resulted in the discovery several large new mineralized systems that are associated with the radiometric anomalies. Surface follow-up by Blue Sky of "Santa Barbara" and "ANIT" systems has discovered abundant uranium-bearing petrified wood and visible yellow uranium mineralization on and near surface.

The focus of the Company's exploration is within the San Jorge Basin of Rio Negro Province where Blue Sky continues to advance ANIT and Santa Barbara and is permitting several new targets within the region to develop the district wide potential. The region is flat lying, located at an elevation of approximately 200 metres, has an annual rainfall of less than 300 mm, semi-arid environment, very low population density, and allows round exploration via well maintained gravel road access.


*Dr. Berizzo has 22 years of experience in uranium exploration and production obtained as a senior exploration geologist, and later on as mine manager for the Argentinean National Atomic Energy Commission ("CNEA"), as well as privately owned companies. Dr. Berizzo also played a leading role in the discovery of the Cerro Solo uranium deposit in Chubut province, Argentina.