Blue Sky Uranium Corp. (TSX-V: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky") is pleased to announce that it has secured drill contractors and scheduled a start date of June 1st, 2025 for the previously announced drill programs to advance the Ivana Uranium-Vanadium Project (the "Project"). As reported on May 14, 2025, Blue Sky's joint-venture operating company Ivana Minerales S.A., ("JVCO", a partnership with Abatare Spain, S.L.U.) has planned a two-phase drilling campaign. The first phase will focus on infill drilling at the Ivana deposit, while the subsequent second phase will test satellite targets. The entire campaign is expected to last approximately five months.
Nikolaos Cacos, President & CEO of the Company stated, "Our JVCO team has procured agreements with very capable operators that will enable us to advance Ivana quickly and efficiently. We look forward to seeing the drills turning again as we move our pre-feasibility work forward."
The infill drilling campaign has been awarded to Patagonia Drilling, which will mobilize two reverse circulation ("RC") drill rigs in stages to complete the program. This program aims to achieve better definition of the known mineralized bodies and assess the potential extension of zones where mineralization remains open, particularly in the areas of greatest interest as outlined in the most recent Preliminary Economic Assessment. Patagonia Drilling is a well-established company with extensive experience in mineral exploration across Argentina and successfully conducted the most recent drilling campaign at the Project.
The second campaign, scheduled to begin immediately after the first, has been awarded to AGV Falcon Drilling. This phase will employ both RC and diamond drilling methods. AGV Falcon Drilling is a reputable company with a strong presence in Argentina and significant experience in supporting domestic mineral exploration. The objective of this campaign is to further delineate mineralization previously identified in satellite areas surrounding the Ivana Project, many of which have returned encouraging results from earlier drilling and require more detailed definition.
Qualified Persons
The technical contents of this news release have been reviewed and approved by Mr. Ariel Testi, CPG, who works for the Company and is a Qualified Person as defined in National Instrument 43-101.