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Blue Sky provides update on drilling program at Amarillo Grande uranium project, Argentina

Published 16 February 2017

Blue Sky Uranium has provided an update on the progress of the reverse circulation (RC) drilling program at the Amarillo Grande uranium project, in Rio Negro Province, Argentina.

To date, 46 holes have been completed at the Ivana area on targets defined by the previous geophysics program and older pit sampling. Holes range from three to 21 metres, averaging 13.6 metres in extent. The first batch of samples has been sent to the laboratory for analysis.

In addition to the on-going exploration work, the field team has hosted the Mining Secretary of Rio Negro, Señor Juan Pablo Espínola, at site at the end of January. Sr. Espínola reported being pleased with both the working standards and the Company's relationships with landowners.

Also in January, Dr. Jon Thorson, a well-respected geological consultant specializing in exploration for mineral deposits in sedimentary basins, conducted an on-site review of the Amarillo Grande project along with Company Technical Advisor, Jorge Berizzo. The review provided additional insight into controls to uranium mineralization at the project which will be incorporated into the current program.

"We are pleased to have both government support and third party validation for our program at Amarillo Grande. The 3,000 metre program is continuing, and we are looking forward to our first batch of results in the upcoming weeks," stated Nikolaos Cacos, Blue Sky President & CEO.

For additional details on the program please refer to the Company news release dated January 26, 2017.



Source: Company Press Release