{"id":25895,"date":"2022-10-04T11:44:48","date_gmt":"2022-10-04T10:44:48","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=25895"},"modified":"2022-10-04T11:44:48","modified_gmt":"2022-10-04T10:44:48","slug":"advanced-exploration-newest-uranium-vanadium-district-argentina","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/advanced-exploration-newest-uranium-vanadium-district-argentina\/25895\/","title":{"rendered":"Advanced exploration at the newest uranium\/vanadium district in Argentina"},"content":{"rendered":"

As a leader in uranium discovery in Argentina, Blue Sky Uranium<\/a> seeks to deliver exceptional returns to shareholders by rapidly advancing a portfolio of uranium-vanadium projects to the prefeasibility study stage.<\/h2>\n

Blue Sky Uranium Corp. (TSX.V: BSK; FSE: MAL2.F; OTC: BKUCF) is one of Argentina\u2019s best-positioned uranium and vanadium exploration companies with more than 4,000km2<\/sup> (400,000ha) of prospective tenements. The company\u2019s mission is to deliver exceptional returns to shareholders by acquiring, exploring, and advancing towards a portfolio of uranium-vanadium projects. These projects will focus on near-surface deposits with the potential for near-term low-cost vanadium and uranium production. The company follows international best practices in exploration, respecting the environment, communities, and cultures in all the areas in which we work.<\/p>\n

Argentina is the largest generator of electricity from nuclear energy in South America. The country is working to further expand its nuclear energy sector with additional power plants but currently lacks domestic uranium production. Argentina\u2019s desire for security of supply could provide a \u2018guaranteed\u2019 first customer for a new domestic supplier. Large-scale production could make Argentina a strategic exporter of uranium to the international nuclear energy sector.<\/p>\n

Blue Sky\u2019s exploration work between 2007 and 2012 led to the discovery of a new uranium district in Rio Negro Province. The company\u2019s Amarillo Grande Project covers the district with three major properties, including the Ivana near-surface uranium deposit<\/a>, which hosts the largest NI 43-101 compliant uranium resource in the country; Ivana also has potentially significant vanadium credits. Other exploration targets for blind uranium and vanadium mineralisation are also present within the project area. The proximity of the properties and targets provide the potential for an integrated, low-cost uranium-vanadium-producing operation, making Amarillo Grande an excellent candidate to be the first near-term uranium producer in Argentina.<\/p>\n

The company is a member of the Grosso Group, a resource-focused management group that pioneered the mineral exploration industry in Argentina and has operated there since 1993. The group is credited with four exceptional mineral deposit discoveries and has a highly regarded track record for fostering strong relationships with the communities and governments where it works. The Grosso Group leverages its vast network of local, regional, and international industry contacts to support the exploration team as they search for quality resource opportunities.<\/p>\n

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\u00a9 Istock\/iznashih<\/figcaption><\/figure>\n

Management<\/h3>\n

Joseph Grosso, Director and Chairman of the Board<\/strong><\/p>\n

Mr Grosso is the President and Founder of Grosso Group Management Ltd. and President and CEO of Golden Arrow Resources Corporation. He became one of the early pioneers of the mining sector in Argentina in 1993 when mining was opened to foreign investment and was named Argentina\u2019s Mining Man of the Year in 2005. His knowledge of Argentina was instrumental in attracting a premier team which led to the acquisition of key properties in Blue Sky Uranium Corp. He has successfully formed strategic alliances and negotiated with mining industry majors such as Barrick, Teck, Newmont, Viceroy (now Yamana Gold) and Valeand SSR Mining Inc., and government officials at all levels.<\/p>\n

Mr Grosso\u2019s speciality is financing, negotiations, and corporate and marketing strategies. He is an early, passionate, and committed adopter of best practices in environmental protection and socio-economic development through mineral exploration. Of Italian descent and fluent in Italian, English and Spanish, Grosso has lived in Argentina and Peru where he acquired a very deep appreciation for Latin culture and successfully developed a vast network of contacts which have been very beneficial for the associated companies of the Grosso Group.<\/p>\n

Nikolaos Cacos, M.I.M., President and CEO<\/strong><\/p>\n

Mr Cacos brings over 25 years of management and advisory expertise in the mineral exploration industry. He has worked with Grosso Group since its inception and serves as a senior-level executive for all the member companies. Mr Cacos\u2019 career includes administration and strategic planning for public companies. He currently serves as an officer and director of a number of TSX Venture Exchange listed companies. He holds a Master of International Management degree from Heidelberg, Germany, and a Bachelor of Science degree from the University of British Columbia.<\/p>\n

David A. Terry, PhD, P.Geo., Director<\/strong><\/p>\n

Dr Terry is a professional economic geologist, senior executive and corporate director with more than 30 years of international experience in the mineral resources sector. He has played key roles in the successful acquisition, exploration, and development of a number of precious and base metal deposits, primarily in North and South America, and has expertise in advanced project evaluation, M&A, corporate finance, and the design and execution of effective exploration programmes.<\/p>\n

In the course of his career, Dr Terry has held executive positions and directorships with a number of publicly-listed and private mineral resource companies; he currently serves as a director of Blue Sky Uranium Corp., Golden Arrow Resources Corporation, Aftermath Silver Ltd. and Genesis Metals Corp. and until recently was an independent director of Great Bear Resources Ltd. He has also worked with a number of senior mining companies including Boliden Limited, Westmin Resources Limited, Hemlo Gold Mines Inc., Cominco Limited and Gold Fields Mining Corporation.<\/p>\n

Dr Terry holds a B.Sc. and PhD in geology from Western University in Ontario and is a member of the Association of Professional Engineers and Geoscientists of British Columbia.<\/p>\n

Guillermo Pensado, Vice President, Exploration & Development<\/strong><\/p>\n

Mr Pensado is a professional economic geologist with more than 25 years of expertise in the mineral exploration industry – with particular emphasis on uranium. He holds extensive experience in exploration and economic project assessment in Argentina, Brazil, Chile, Peru, the US and Canada, mainly focused on uranium, precious metals and copper deposits. In the last decade, Mr Pensado has worked on the start-up of new projects and companies and has held positions from advisor to V.P. Exploration.<\/p>\n

Mr Pensado is a certified professional geologist in the US, a qualified person for NI-43-101 in Canada, and a professional geologist from the Argentine Professional Geological Council. Mr Pensado holds a B.Sc. in geology from the University of La Plata, Argentina, and an M.Sc. in Mineral Exploration from Queen\u2019s University, Canada. He has been a member of the Society of Economic Geologists since 2000.<\/p>\n

In 2001, he was recognised with the David Money Medal Award from Queen\u2019s University for the Top MinEx Student in the International Program. In 2016 and 2018, Mr Pensado was recognised by the Argentina Mining International Conference for his professional career in the exploration industry.<\/p>\n

Property of Focus<\/h3>\n

Amarillo Grande Project<\/strong><\/p>\n