{"id":25361,"date":"2022-09-09T10:56:44","date_gmt":"2022-09-09T09:56:44","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=25361"},"modified":"2022-09-09T10:56:44","modified_gmt":"2022-09-09T09:56:44","slug":"blue-sky-uranium-reveals-exciting-results-from-ivana-deposit","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/blue-sky-uranium-reveals-exciting-results-from-ivana-deposit\/25361\/","title":{"rendered":"Blue Sky Uranium reveals exciting results from Ivana Deposit"},"content":{"rendered":"<h2><a href=\"https:\/\/www.innovationnewsnetwork.com\/partner\/blue-sky-uranium-corp-advancing-uranium-vanadium-projects-argentina\/\">Blue Sky Uranium Corp<\/a> has announced assay results from the third and last tranche of the recently completed reverse circulation (RC) drilling program at the Ivana Deposit within its wholly-owned Amarillo Grande Uranium-Vanadium Project (AGP) in Rio Negro Province, Argentina.<\/h2>\n<p>This tranche of drilling returned 2,042 samples from 209 holes averaging 9.3m depth that tested areas of lower drill hole density at the margins of, and within, the western portion of the Ivana deposit; as well as testing the potential expansion of the deposit to the west. These results will be included in a future mineral resource estimate update for the Ivana deposit.<\/p>\n<p>Highlights of the new RC drill results include:<\/p>\n<ul>\n<li>7m averaging 309ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 417 ppm V<sub>2<\/sub>O<sub>5 <\/sub>\n<ul>\n<li>including 1,273ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 1,260ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-817<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>8m averaging 197ppm U<sub>3<\/sub>O<sub>8 \u00a0 <\/sub>and 202ppm V<sub>2<\/sub>O<sub>5 <\/sub>\n<ul>\n<li>including 805ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 243ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1m in AGI-764<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>4m averaging 238ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 56ppm V<sub>2<\/sub>O<sub>5<\/sub>\n<ul>\n<li>including 580ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 50ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1m in AGI-630<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>9m averaging 123ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 204ppm V<sub>2<\/sub>O<sub>5<\/sub>\n<ul>\n<li>including 500ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 332ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1m in AGI-823<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>7m averaging 117ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 161ppm V<sub>2<\/sub>O<sub>5<\/sub>\n<ul>\n<li>including 409ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 234ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1m in AGI-819<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li>6m averaging 207ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 90ppm V<sub>2<\/sub>O<sub>5<\/sub>\n<ul>\n<li>including 335ppm U<sub>3<\/sub>O<sub>8 <\/sub>and 25ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1m in AGI-637<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>All holes were vertical, and the reported intervals are believed to represent true thickness.<\/p>\n<p>Nikolaos Cacos, Blue Sky President and CEO, commented: <em>&#8220;<\/em>These results complete a very successful program, once again hitting significant uranium and vanadium mineralisation both at our infill and expansion targets.\u00a0 We look forward to updating our resource estimate and moving the Ivana deposit closer to a pre-feasibility stage in the future.&#8221;<\/p>\n<p>The assay results from drilling in the step-out zone to the west of the current Ivana mineral resource have confirmed the presence of uranium and vanadium mineralisation near the surface. Hole AGI-764, located 700m west of the boundary of the current mineral resource estimate published on February 27, 2019, includes 8 metres averaging 197ppm U<sub>3<\/sub>O<sub>8<\/sub> and 202ppm V<sub>2<\/sub>O<sub>5<\/sub> from 1 to 9 metres in depth, including 1m @ 805ppm U<sub>3<\/sub>O<sub>8<\/sub> and 243ppm V<sub>2<\/sub>O<sub>5<\/sub> starting at 1 metre.<\/p>\n<p>In this potential expansion step-out zone, the presence of near-surface vanadium mineralisation is notable, as observed in the following highlighted intercepts:<\/p>\n<ul>\n<li>4m averaging 580 ppm V<sub>2<\/sub>O<sub>5;<\/sub> including 969ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-748<\/li>\n<\/ul>\n<ul>\n<li>5m averaging 469 ppm V<sub>2<\/sub>O<sub>5;<\/sub> including 932ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-750<\/li>\n<\/ul>\n<ul>\n<li>2m averaging 544 ppm V<sub>2<\/sub>O<sub>5 <\/sub>in AGI-781<\/li>\n<\/ul>\n<p>Drilling of areas with previously low-density hole coverage within the boundary of the current mineral resource estimate yielded a number of significant uranium intercepts, as reported above, in addition to those previously reported on April 5, 2022. Many of these holes also had notable vanadium intercepts, as highlighted below:<\/p>\n<ul>\n<li>7m averaging 417 ppm V<sub>2<\/sub>O<sub>5;<\/sub> including 1,260ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-817<\/li>\n<\/ul>\n<ul>\n<li>2m averaging 552 ppm V<sub>2<\/sub>O<sub>5;<\/sub> including 828ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-806<\/li>\n<\/ul>\n<ul>\n<li>7m averaging 244 ppm V<sub>2<\/sub>O<sub>5;<\/sub> including 498ppm V<sub>2<\/sub>O<sub>5<\/sub> over 1 m in AGI-796<\/li>\n<\/ul>\n<p>The entire program collected 3,136 samples from 350 new holes, totalling 3,346 metres drilled. This new data set will be included in a future mineral resource estimate. The new database includes samples from 838 RC holes sampled every metre. The aim of a new resource estimation is to upgrade a portion of the current inferred mineral resources into indicated mineral resources for the purposes of supporting a future pre-feasibility study (PFS).<\/p>\n<h3>Methodology and QA\/QC<\/h3>\n<p>AVG Patagonia Drilling carried out the drilling program using a FlexiROC D65 drill rig from Atlas Copco, an ore-control track-mounted rig adapted to reverse circulation with a triple cyclone to reduce the dust loss during sampling and automatic sampling.<\/p>\n<p>Samples were sent to ALS Argentina for preparation by drying, crushing to 70% &lt;2mm, riffle splitter 250g and pulverising to 85% &lt;75 \u00b5m. Pulps were sent to ALS Peru for analysis of multi-elements ultra-trace method combining four acid digestion with Inductively Coupled Plasma (ICP) instrumentation. Digestion is performed on 0.25g of sample to quantitatively dissolve most geological materials. Analytical analysis is performed with combinations of ICP-AES (Atomic Emission Spectrometry) &amp; ICP-MS (Mass Spectrometry). Approximately every 10th sample, a blank, duplicate, or standard sample is inserted into the sample sequence for quality assurance\/quality control (QA\/QC) purposes.\u00a0 A total of two out of 355 CRM analyses reported warnings in the range of two to three Standard Deviations from the certified value; one failure of just over three Standard Deviations from the certified value was reported.\u00a0 These were viewed as non-consecutive and within acceptable limits.\u00a0 104 duplicate samples were submitted; 70% of the duplicates reported &lt;20% average difference.\u00a0 A total of 223 included blanks were analysed with no failures.\u00a0 The QA\/QC internal assessment determined that the analytical results reported herein are within standard industry limits.<\/p>\n<h3>About the Amarillo Grande Project<\/h3>\n<p>The Company&#8217;s 100% owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina, is a new uranium district controlled by Blue Sky. The Ivana deposit is the cornerstone of the project and the first part of the district for which both a Mineral Resource Estimate and a Preliminary Economic Assessment have been completed. \u00a0 Mineralisation at the Ivana deposit has characteristics of sandstone-type and surficial-type uranium-vanadium deposits. The sandstone-type mineralisation is related to a braided fluvial system and indicates the potential for a district-size system. In the surficial-type deposits, mineralisation coats loosely consolidated pebbles, and is amenable to leaching and simple upgrading.<\/p>\n<p>The project includes several other target areas over a regional trend, at or near the surface. The area is flat-lying, semi-arid and accessible year-round, with nearby rail, power and port access. The Company&#8217;s strategy includes delineating resources in multiple areas and advancing the entire project to a pre-feasibility level.<\/p>\n<p>For additional details on the project and properties, please see the <a href=\"https:\/\/blueskyuranium.com\/\" target=\"_blank\" rel=\"noopener\">Company&#8217;s website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Blue Sky Uranium Corp has announced assay results from the last tranche of the completed reverse circulation (RC) drilling program at the Ivana Deposit.<\/p>\n","protected":false},"author":15,"featured_media":25362,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24204,23535],"tags":[24407,24414],"acf":[],"yoast_head":"\n<title>Blue Sky Uranium reveals exciting 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