#Canada #Vancouver #Blue Sky Uranium #Ivana Deposit #Amarillo Grande

Blue Sky Uranium Corporate Update: Looking Ahead to 2025

Blue Sky Uranium Corp., listed on multiple platforms including TSXV under the ticker BSK, has made significant strides recently and is enthusiastic about its future. The company has reached several key milestones over the past year that set the stage for its growth trajectory in 2025.

Over the last year, Blue Sky achieved a major milestone with the release of a favorable Preliminary Economic Assessment (PEA) for the Ivana deposit located at its flagship Amarillo Grande project. Alongside this, the company forged a strategic partnership with Abatare Spain, S.L.U. (referred to as COAM), resulting in a definitive earn-in agreement that aims to advance the Ivana project through feasibility and possibly into commercial production.

In 2025, Blue Sky Uranium is set to capitalize on this momentum with a series of planned activities. A Special Meeting of Shareholders has been arranged to approve the earn-in agreement with COAM, which is crucial for restarting detailed engineering and studies related to the pre-feasibility of the Ivana deposit. The company’s internal structure is being adjusted to facilitate this collaboration, and Guillermo Pensado has been appointed as the Technical Consultant for the upcoming joint venture, leaving his role as Vice President of Exploration and Development.

Nikolaos Cacos, the President and CEO of Blue Sky, highlighted Guillermo’s significant contributions to the company since 2016. Cacos noted that Pensado has played a pivotal role in advancing the exploration at Amarillo Grande and is now positioned to leverage his expertise for the project's success under the new agreement with COAM.

As excitement builds around the business landscape in Argentina, Blue Sky has observed increasing support in the market for exploration activities within the region. Cacos expressed optimism about generating robust news flow in 2025 as the company continues to pursue its strategic goals.

In addition to its partnership with COAM, Blue Sky Uranium is actively progressing with its exploration initiatives at the Corcovo and Chihuidos projects. Permitting processes for fieldwork are underway, and desktop studies are in progress to refine target areas in anticipation of receiving necessary approvals for ground work.

The company is also considering undertaking regional exploration at the Amarillo Grande project this year, further expanding its horizons in uranium exploration and development.

Blue Sky Uranium Corp. aims to be at the forefront of uranium discovery in Argentina. The company’s long-term objective is to enhance shareholder value by swiftly transitioning its surficial uranium deposits into cost-effective production platforms while maintaining a commitment to environmental and community standards. With its exclusive rights over properties in two provinces in Argentina, Blue Sky is well-positioned to become a leading supplier of uranium to both domestic and international markets.

Dr. David Terry, a Director of the company and a Qualified Person as defined under National Instrument 43-101, has endorsed the technical components of this release, affirming the rigorous assessment within Blue Sky's projects.

As the company prepares for another pivotal year, it will continue to engage its stakeholders, focusing on transparency and encouraging investor confidence to navigate the promising landscape of uranium exploration in Argentina confidently.