Blue Sky Uranium Doubles Drill Budget to Fast-Track Ivana Uranium-Vanadium Project Feasibility

Ivana Uranium-Vanadium Project
Ivana Uranium-Vanadium Project

Blue Sky Uranium Expands Drilling to Strengthen Argentina’s Domestic Uranium Supply

Blue Sky Uranium Corp. (TSXV: BSK | OTC: BKUCF | FSE: MAL2) has doubled its 2025 drill program budget to accelerate development at the Ivana Uranium-Vanadium Project in Argentina. This project aims to support Argentina’s nuclear energy sector with a domestic uranium supply. According to the company, the increased investment will help push the project toward feasibility faster.

Blue Sky, through its joint venture company Ivana Minerales S.A. (JVCO), in partnership with Abatare Spain, S.L.U., will now spend US$6.0 million—up from the initial US$3.0 million commitment. The company has allocated US$4.4 million for infill drilling and US$1.6 million for exploration drilling. The Ivana deposit is part of the larger Amarillo Grande Project, which positions itself as a critical uranium-vanadium resource in Argentina.

 

Over 6,000 Metres of RC Drilling to Redefine Resource Potential

The 2025 drilling program will include up to 6,000 metres of reverse circulation (RC) drilling, with around 330 drill holes and an average depth of 18 metres. The goal is to convert inferred uranium and vanadium resources to indicated resources and to refine the geological model to support mine planning. Blue Sky Uranium is also planning a second phase of 2,500 metres of RC drilling to test high-potential targets near Ivana, with priority placed on areas with limited historical access.

To maintain momentum, the JVCO team is assessing contractor proposals and equipment availability. The company is considering running two drill rigs simultaneously, which would significantly speed up the exploration schedule.

The drilling is set to begin this fiscal quarter, pending final approvals from technical, legal, and community stakeholders. These proactive steps reinforce the company’s commitment to sustainable and efficient mineral development in Argentina.

 

Engineering Firms to Support Feasibility Study and Sustainable Mining

As drilling progresses, JVCO is also reviewing qualified engineering firms to advance the project through technical and economic feasibility. The chosen firm must meet high standards in sustainable mining, demonstrate local expertise, and commit to timely, budget-conscious execution.

Nikolaos Cacos, President & CEO of Blue Sky Uranium, emphasized the importance of rapid development. “JVCO has committed to an aggressive work plan. This supports our mission to deliver a valuable asset to shareholders and to Argentina,” he said.

SuperMetalPrice will continue monitoring the Ivana Uranium-Vanadium Project for pricing and development updates that impact the global uranium and vanadium markets.

Leave a Reply

smp_app_img
Ti Gr.15ㅣUNS R53415

Ti Gr.15ㅣUNS R53415

Titanium Grade 15 (UNS R53415) is an alpha-phase titanium alloy micro-alloyed with Nickel and Ruthenium,…
Ti Gr.14ㅣUNS R53414

Ti Gr.14ㅣUNS R53414

Titanium Grade 14 (Ti-0.5Ni-0.05Ru) is an alpha-phase titanium alloy engineered for superior corrosion resistance and…
Ti Gr.13ㅣUNS R53413

Ti Gr.13ㅣUNS R53413

Ti Gr.13 (Ti-0.5Ni-0.05Ru) is an alpha titanium alloy engineered with ruthenium and nickel to provide superior…
Ti Gr.9ㅣUNS R56320

Ti Gr.9ㅣUNS R56320

Ti Gr.9 (Ti-3Al-2.5V) is a near-alpha titanium alloy that provides a superior balance of cold workability,…