#Argentina #Mendoza #Uranium Discovery #Blue Sky #Corcovo Project

Blue Sky Uranium's Corcovo Project: A Beacon for Future Uranium Production

Blue Sky Uranium Corp., listed on the TSX Venture Exchange (TSXV: BSK), has exciting news that could reframe Argentina's uranium landscape. The company recently completed a detailed technical review at its Corcovo Uranium Project located in Mendoza Province, revealing remarkable findings that suggest significant uranium discovery potential through in situ recovery (ISR) methods. This development could play a crucial role not just for Blue Sky but for the broader uranium industry in Argentina.

Technical Review Unveils Uranium Anomalies

The geological analysis conducted by Blue Sky’s team involved interpreting data from 89 historical oil and gas wells. They identified notable radiometric anomalies across four stacked horizons, some reaching up to 10 meters in thickness and stretched over a promising trend of more than 10 kilometers. Such findings mark a significant step towards tapping into a potentially vast uranium resource.

Nikolaos Cacos, the President and CEO, emphasized that these results reaffirmed Corcovo as a key strategic area in their portfolio. Recognizing its potential, the National Atomic Energy Commission (CNEA) initially flagged this region for uranium exploration, making it a land of opportunity.

Understanding Corcovo's Geological Potential

The Corcovo Project spans approximately 20,000 hectares on the northeastern edge of the Neuquén Basin, an area promising for uranium ISR deposits. CNEA has acknowledged the geological richness of this region, having concluded that it possesses attributes conducive to uranium extraction. Blue Sky strategically acquired Corcovo in 2024, aiming to enhance its long-term mineral resource exploration and drive value for its shareholders. The site offers flat terrain, year-round accessibility, and road infrastructure—key factors that will simplify future exploration efforts.

Key Geological Highlights

The company’s initial technical review has uncovered several crucial facets:

• - Centenario Formation Core (500–600m depth): The most promising target shows radiometric anomalies up to 261 ppm Ueq, signifying high-grade potential.
• - Centenario Formation Edge (500–550m depth): This zone contains isolated intercepts of uranium, indicating transitional features of the deposit, though less continuous.
• - Neuquén Horizon (300–400m depth) and Rayoso Channel (450–500m depth): Both exhibit varying uranium equivalent values, creating a broad picture of what the subsurface might hold.

Future Steps and Exploration Initiatives

Blue Sky remains optimistic about further validating its geological models. Recently, the company confirmed access to additional subsurface data through comprehensive 3D and 2D seismic surveys. Approximately 200 historical drill holes will enhance the understanding of this complex system, especially in areas where drilling has been sparse.

Moreover, plans are underway to gather water samples from ongoing oil operations nearby and analyze historical drill cuttings. This data will be instrumental in verifying previous findings and advanced geochemical evaluations, complementing the gamma-ray data obtained thus far.

Drawing Comparisons to Leading ISR Projects

Corcovo’s geological framework draws parallels with other successful ISR mining projects worldwide, particularly the Inkai project in Kazakhstan, renowned for its uranium deposits. Inkai’s design principles around continuity, mineralized zones, and favorable permeability could guide Blue Sky's strategies at Corcovo. Understanding these benchmarks aids in mapping out expected production outcomes and operational efficiencies moving forward.

Conclusion: A Bright Future Ahead

Blue Sky Uranium Corp.'s ongoing efforts at the Corcovo Project stand to redefine the potential of uranium mining in Argentina. With robust geological data supporting its findings and comprehensive strategies to continue exploration, the path ahead looks promising. This developing scenario is not only likely to benefit Blue Sky and its stakeholders but could also have implications for the uranium sector in Argentina, potentially establishing it as a key player in the global market. Investors and uranium enthusiasts alike will want to keep a close eye on developments from this promising project as Blue Sky ramps up its exploration activities and strategies for potential production in the years to come.