Blue Sky Uranium Corp has announced the launch of a comprehensive field exploration program at the Cateo Cuatro sector of its Amarillo Grande Uranium-Vanadium Project (AGP) in Argentina to refine drilling targets.
Additionally, the company said it has advanced the Ivana East target to the drill-testing stage. The Ivana East target is 10 kilometers (km) east of the Ivana deposit, and Cateo Cuatro is located 32 km to the southwest.
These targets have been prioritized by the company as part of its strategy to define additional uranium deposits within the 145 km long AGP. The targets were identified through an ongoing review and reinterpretation of over 15 years of geological data.
“These two targets show significant similarities to the geological environment present at our Ivana deposit, which it is advancing towards prefeasibility studies,” CEO Nikolaos Cacos said in a statement.
“The definition of both targets represents the results of a persistent comprehensive exploration program along the district scale Amarillo Grande Project, and their location close to the Ivana Deposit may represent a potential for the discovery of a cluster of deposits.”
The Cateo Cuatro target area was initially prospected in 2013, the company said, with preliminary mapping, auger drilling, and water sampling at the time. The recently launched comprehensive exploration program at Cateo Cuatro will include geological mapping, auger drilling, radiometric surveying, seismic and/or IP tomography surveys and reverse circulation (RC) drilling.
The Ivana East target was initially identified in 2012 through an airborne radiometric survey. Ivana East is ready for initial RC drill testing, and drilling at both targets will be carried out after the Cateo Cuatro fieldwork is complete.
Blue Sky Uranium has the exclusive right to properties in two provinces in Argentina. The company’s flagship Amarillo Grande Project was an in-house discovery of a new district that has the potential to be both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier.
The company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.
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