Blue Sky Completes Geophysical Survey at Amarillo Grande Uranium Project & Identifies Anomaly at Ivana Gap Target for Drill Testing
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The single line ET survey has delineated a 1,400-metre wide chargeability anomaly at the Ivana Gap target, approximately 30 to 60 metres below surface, that is interpreted to relate to the northerly extension of the REDOX front trend related to the Ivana Uranium-Vanadium deposit (Figure 2). Its position, midway between the Ivana Deposit and Ivana Central, supports the interpretation of a continuous redox front trend linking these two targets. The results highlight
The objective of the ET survey was to refine targets for drilling by tracing the subsurface extent of the organic-rich sandstone/REDOX front between the Ivana Deposit and the Ivana Central target. The results of this geophysical survey will help guide part of an upcoming diamond drill program that is now being planned and is scheduled to commence in the fourth quarter of 2025.
The geophysical and drilling programs described herein are being funded by
Geophysical Program Detail
The ET survey at Ivana Gap was conducted by
The program consisted of a single 5 kilometre line covering the central portion of the prospect, subparallel to the majority of lines from previous surveys at Ivana Central (Section L1) and at the Ivana deposit (Section Ivana VIII) (see Figure 2). The results show a broad chargeability anomaly over 1400m in width that is interpreted as the REDOX front horizon signature. Additionally, smaller chargeability anomalies are observed toward the eastern (right-hand) portion of the pseudo-section. These appear either deeper in the profile or as isolated subsurface highs. The main anomaly lies along the projected northwest trend extending from the Ivana Deposit in the south, northwest towards Ivana Central, where reduced carbonaceous alteration has been confirmed in drillhole cuttings.
Many of the historical ET geophysical lines over the Ivana deposits were either not processed for chargeability or did not detect significant anomalies. However, a clear 600m wide chargeability anomaly was observed on line Ivana VIII that was completed on the northern flank of the Ivana deposit, as shown in Figure 2.
Qualified Persons
The technical contents of this news release have been reviewed and approved by Mr.
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ON BEHALF OF THE BOARD
"Nikolaos Cacos"
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