Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Investing

Blue Sky Uranium Acquires New Projects in Argentina

by admin June 24, 2024
June 24, 2024
Blue Sky Uranium Acquires New Projects in Argentina

Blue Sky Uranium (TSXV:BSK,OTCQB:BKUCF) announced on Monday (June 17) that it is expanding its exploration portfolio by acquiring two new projects that are prospective for uranium in Argentina’s Neuquén Basin.

The company’s cornerstone asset is the Amarillo Grande project (AGP), where work continues to progress.

“Within our flagship AGP we have the Ivana deposit moving into the pre-feasibility stage, and multiple established exploration targets that are ready for the next steps,” said CEO and President Nikolaos Cacos in a press release.

“So it is time for us to look to expand our longer-term project pipeline, particularly with the strong support we are seeing for the uranium market. Similar to the surface mining targets at AGP, ISR-amenable uranium deposits provide the opportunity for low-cost, low-impact production and the potential for shorter development timelines,” he added.

The company’s new acquisitions, the Corcovo and Chihuidos projects, add nearly 80,000 hectares to its exploration territory. The properties were chosen for their potential to host uranium deposits amenable to in-situ recovery (ISR).

The Corcovo project, located in Argentina’s Mendoza province, covers approximately 20,000 hectares. Initially identified by the National Atomic Energy Commission (CNEA), the area is known for its uranium exploration potential.

According to Blue Sky, Corcovo’s geological conditions are also favorable, with uranium radiometric anomalies detected at depth in oil and gas wells suggesting significant ISR potential. For its part, the Chihuidos project spans around 60,000 hectares and was recognized by CNEA in the 1960s and 1970s. It was previously explored in the early 2000s.

Blue Sky has already initiated the permitting process for field programs at both projects. Concurrently, the company is updating and verifying historical data to identify and prioritize prospective exploration targets. This includes analyzing publicly available borehole surveys and seismic 2D/3D surveys from historic oil and gas exploration.

With the acquisitions, the company now controls over 480,000 hectares across the Rio Negro, Chubut, Neuquén and Mendoza provinces. AGP remains its primary focus, and has a vanadium credit in addition to holding uranium.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
EMU NL
next post
Reducing Reliance on China for Rare Earths Production and Processing

Related Posts

Top 5 NASDAQ Genetics Stocks (Updated January 2025)

January 17, 2025

US Electricity Demand to Surge — Nuclear Energy...

March 15, 2025

Rua Gold Acquires Siren Gold’s Reefton Assets for...

November 28, 2024

Greenvale $1.8m placement to fast-track uranium exploration

March 24, 2025

Investment Protection Agreement with the Ecuador Government on...

May 28, 2025

Crypto Market Recap: Bitcoin Soars Past US$94,000, Beats...

April 24, 2025

Cizzle Brands Lands Title Sponsorship for the CWENCH...

March 21, 2025

Harvest Gold Soil Sampling Program Reveals Several New...

May 23, 2025

Google’s Ad Tech Business Faces Uncertainty After Court...

April 18, 2025

Alvopetro Announces an Operational Update, Q1 2025 Financial...

May 8, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Strategic Chaos or Tactical Goldmine? What QQQ’s Chart is Whispering Right Now

      June 5, 2025
    • Why ADX Can Mislead You — And How to Avoid It

      June 5, 2025
    • S&P 500 on the Verge of 6,000: What’s at Stake?

      June 5, 2025
    • Speaker Johnson surprised by Musk’s criticism of ‘big, beautiful bill’: He’s ‘flat wrong’

      June 5, 2025
    • There’s a way to aid Gaza. I know, my foundation just helped deliver 7 million meals… without incident

      June 5, 2025

    Categories

    • Business (967)
    • Investing (2,320)
    • Politics (2,873)
    • Stocks (1,054)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 sportinvestorsleague.com | All Rights Reserved