Phase I Drill Program underwayBlue Sky Commences Drilling At ANIT
Mar 25, 2010 (TheNewswire.ca via COMTEX) -- (viaThenewswire.ca)
Blue Sky Uranium Corp. (BSK) is pleased to announce that aPhase 1 drill program has commence on its ANIT project in Rio Negro Province,Argentina. The program consists of approximately 200 drill holes for a total of5000 meters of aircore drilling to test 6 km of the known mineralizedpaleo-channel, defined by pits and trenching, as well as further targets in the15 km long radiometric U anomaly, and radon gas and new geochemical targetsoutside the principal airborne anomalies.
Highlights from previously announced results at ANIT include amechanized trenching interval that averaged 358 meters at 0.052% U3O8.Theweighted average of mineralized intervals from the three trenches completed onthe project was 847 meters grading 0.043% U3O8. The mineralization remains opento depth. Uranium - Vanadium mineralization appears to be open in width inTrench 1 and Trench 3 (see March 23, 2010 news release).
Pit sampling has identified a 6km long zone of near surfaceuranium-vanadium mineralization through a series of 83 hand-excavated pits (seeSeptember 10, 2009 news release). These pits had an average grade of 0.045% U3O8with an average thickness of the mineralized interval 1.7 m and were dug withina 15 km long uranium channel airborne radiometric anomaly. Hand auger drillingfrom the bottom of 41 pits successfully extended mineralization to a maximumdepth of 5.8 m below surface
At this early stage of exploration, Blue Sky interprets theANIT anomaly to be similar in style to known deposits in Western Australia (LakeMaitland NI43-101 compliant inferred resource of 23.7 million lbs U3O8 at anaverage grade of 0.033% U3O8), and in Namibia (Langer Heinrich deposit withMeasured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 millionpounds lbs of U3O8 and Inferred Resources of 70.7Mt grading 0.06% containing91.6 million lbs of U3O8).
The technical information contained in this release has beenprepared by Bruce Smith, AusIMM, Blue Sky Uranium Exploration Manager and aQualified Person as defined by National Instrument 43-101