Blue Sky Uranium sets june 1 start for Ivana uranium-vanadium drill program in Argentina

Two-phase campaign to support pre-feasibility work and resource expansion at flagship project.

Blue Sky Uranium Corp. (TSX-V: BSK; FSE: MAL2; OTC: BKUCF) has announced that drilling will begin on June 1 at its flagship Ivana Uranium-Vanadium Project, located in Argentina’s Río Negro Province. The drilling initiative, led by the joint-venture operating company Ivana Minerales S.A., marks a significant milestone in advancing the project toward pre-feasibility.

The campaign will unfold in two phases over an estimated five-month period. The first phase, awarded to Patagonia Drilling, will focus on infill reverse circulation (RC) drilling to refine the resource model and test potential extensions in high-priority zones. Patagonia Drilling has previous experience at Ivana and a strong track record in mineral exploration across Argentina.

The second phase, to be executed by AGV Falcon Drilling, will involve both RC and diamond drilling to further evaluate promising satellite targets identified in earlier campaigns. These targets have shown encouraging results and warrant deeper investigation to assess their economic viability.

“Our JVCO team has secured top-tier contractors to ensure efficient and high-quality execution,” said Nikolaos Cacos, President and CEO of Blue Sky Uranium. “This program is a critical step as we push forward with our pre-feasibility work and explore the broader potential of the Ivana district.”

The drill program is part of a larger earn-in agreement with Abatare Spain, S.L.U., under which Abatare can acquire up to 80% of the project by funding up to US$160 million in development costs. The Ivana Project forms part of the Amarillo Grande uranium district, discovered by Blue Sky, which is positioned to become a leading domestic and international supplier of uranium and vanadium.