Northwire Canada EditionSaturday, August 29, 2026
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GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7% GOLD 4529.90 −2.9% SILVER 67.79 −3.5% COPPER 6.66 −0.5% OIL 83.40 −0.2% PALLADIUM 1428.60 +5.4% SAE 0.520 +4.0% ZEN 0.770 +0.0% WGLD 0.130 +13.0% AEM 286.76 −3.9% SAG 1.32 −4.3% GSVR 0.475 −5.0% CRI 0.050 −9.1% TMQ 5.04 −4.2% BTO 7.85 −3.0% HBM 40.78 −3.0% EFR 20.38 −6.5% SF 0.365 −4.0% SPX 0.115 +0.0% CQR 0.060 +20.0% IVS 0.310 +5.1% CNC 1.44 −2.7%
Drill Results

Blue Sky Uranium drilling supports Ivana studies

Blue Sky De-Risks Ivana Deposit with High-Grade Infill Hits as Path to Pre-Feasibility Clears

By The Northwire Desk — AI Analysis Jan 12, 2026 · 17:00 BSK · 0.055 Blue Sky Uranium Corp.
Executive Summary

The latest news release (January 12, 2026) confirms the completion of a 328-hole (4,959-meter) infill drilling program at the Ivana Deposit. Key results highlight significant uranium mineralization at shallow depths, including 4 meters averaging 4,368 ppm $U_3O_8$ (Hole AGI-884) and 2 meters averaging 4,433 ppm $U_3O_8$ (Hole AGI-873). Approximately 15% of the holes (51 holes) intercepted at least 1 meter at or above 1,000 ppm $U_3O_8$. The program's primary objective was to increase geological confidence and support the upgrade of Inferred resources to Indicated status, a prerequisite for the upcoming Pre-Feasibility Study (PFS).

Material Impact

The news is Material - Positive for several reasons: - Technical De-risking: The results confirm the continuity of the high-grade core and refine the deposit limits, which is critical for mine planning. - Roadmap Adherence: The program was completed on schedule according to the "Gap Analysis" roadmap established in late 2025. This demonstrates management's ability to execute technical milestones. - High Grades: Intercepting 4,000+ ppm $U_3O_8$ at depths of only 9-13 meters suggests a very low strip ratio and high-grade potential for a shallow, surficial deposit. - Joint Venture Milestone: This work is a primary component of the earn-in agreement with COAM, moving the project closer to the $35 million expenditure target required for the partner to secure its 49.9% interest.

BSK · Price
Company Overview

Blue Sky Uranium is a junior explorer focused on the Amarillo Grande Project in Rio Negro Province, Argentina. Its flagship asset is the Ivana Deposit, which hosts a surficial uranium-vanadium resource. The project is unique due to its shallow nature (0-25 meters) and the potential for In-Situ Recovery (ISR) or simple scrub-and-leach processing. The company also holds the Corcovo project in Mendoza, which is being explored for ISR-style roll-front targets based on historical oil and gas well data.

Read the original news release →

More from Blue Sky Uranium Corp.

Aug 18, 2026 · 07:01

Blue Sky reports sub-cutoff noise for Gateway Phase 2 and an unconfirmed geological model for the Ivana East deposit.

Drill Results May 11, 2026 · 07:01

Blue Sky Uranium Advances Ivana Project with Metallurgical Test Program and Feasibility Engineering Agreements

Production / Operations Apr 07, 2026 · 07:01

Advancing uranium projects in Argentina

Drill Results Mar 19, 2026 · 07:01

Blue Sky Uranium advances Ivana toward feasibility with hydrogeological groundwork and ongoing high-grade drilling, signaling disciplined progression but capital and permit milestones remain key catalysts

Production / Operations Feb 24, 2026 · 07:01

Blue Sky validates exploration model at Ivana Gateway as JV partner funds aggressive path to feasibility

Drill Results Feb 17, 2026 · 07:02

Higher Grades Found in Ivana’s Initial Mining Zone as Strategic Partner Funds De-Risking

Drill Results