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| | November 12, 2009
Blue Sky Provides Exploration Update
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| | Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to provide and exploration update for work on its ANIT project in Rio Negro Province, Argentina. Recent exploration activity on project has included hand augering from the base of previously hand excavated pits to further test the vertical extent of mineralization. Auger holes were completed on 41 selected pits on covering all areas of Anit West and Central zones. Prior to this augering program average pit depth was 2.2m, with a maximum depth of 3.1m. In the auger program the average extension of sampling was 1.1m, to bring average depth to 3.3m for 41 pits, with a maximum depth of sampling 6.5m depth. Samples have been sent for assays and the results will be released as soon as they are available.
The Company has filed for drill permits as it prepares for expanding its exploration activity on the ANIT project and within the region. To date on the ANIT project the Company has sampled 83 hand-excavated pits over a strike length of 6 kiliometres with an average grade of 0.045% U3O8. The target remains open to depth and along strike (see September 10, 2009 news release).
The Company's exploration team has also completed a radon gas survey, density determinations and metallurgical sampling. Seven radon gas lines totaling 65km (5 x 10km, 1 x 8km and 1 x 7km), with radon detector cups spaced every 100m, and scintolometer cps recordings every 50m, were completed on the Anit 1 and 2 properties. Approximately 650 radon gas detection points were completed. Results from this survey are currently being evaluated and plotted. 5 pits (0.5 x 0.25 x 2m) were excavated measured and weighed for density calculations returning an average density 1361 kg/m3 and 9 bulk samples (average 40kg) from representative pits were collected for metallurgical testing.
The results for a previously announced pit sampling program at the ANIT West and Central Zones comprised 123 pits of which 83 pits encountered mineralization. The average grade of the samples taken from the 83 pits over the 6 kilometre strike length was 0.045% U3O8 (379 ppm U) and 475 ppm V with an average recorded mineralized interval of 1.7 meters from surface. Of the 83 pits, 60% bottomed in mineralization and remain open to depth. The best mineralized interval, encountered to date, averages 0.84% U3O8 and 0.20% vanadium (V) over a 3 metre vertical thickness from surface and remains open to depth. Individual pit samples have returned grades up to 2.12% U3O8 over a 0.5 meter vertical interval (see September 19, 2009 press release).
At this early stage of exploration, Blue Sky interprets the ANIT anomaly to be a paleochannel- or surficial- type uranium occurrence similar in style to known deposits in Western Australia (Lake Maitland NI43-101 compliant inferred resource of 23.7 million lbs U3O8 at an average grade of 0.033% U3O8, and in Namibia (Langer Heinrich deposit with Measured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 million pounds lbs of U3O8 and Inferred Resources of 70.7Mt grading 0.06% containing 91.6 million lbs of U3O8.
The technical information contained in this release has been prepared by Bruce Smith, AusIMM, Blue Sky Uranium Exploration Manager and a Qualified Person as defined by National Instrument 43-101
About Blue Sky Uranium Corp.
Blue Sky has, through its membership with Grosso Group Management, has signed and agreement in principle for a strategic alliance with the Government of Rio Negro for the purpose of jointly exploring the potential for commercial mining activity to develop mining projects that provide for the acquisition, exploration and exploitation of polymetallic and energy related mineral deposits. The Company is dedicated to actively exploring the Patagonia region of Argentina. Experienced management and technical members, who foster relationships with a vast number of international industry contacts, lead the exploration team on the search for quality resource opportunities. Blue Sky is a member of the Grosso Group, a resource management group with over 15 years experience in exploring South America.
ON BEHALF OF THE BOARD
"Sean Hurd"
Mr. Sean Hurd, President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
2009 |
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