Blue Sky Uranium Corp.

Published : March 25th, 2010

Commences Drilling At ANIT

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Keywords :   Argentina | Australia | Lead | Namibia | Recovery | Uranium | Vanadium |

Re:        News Releases - Thursday, March 25, 2010
Title:     Blue Sky Commences Drilling At ANIT

Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to announce that a Phase 1 drill program has commence on its ANIT project in Rio Negro Province, Argentina. The program consists of approximately 200 drill holes for a total of 5000 meters of aircore drilling to test 6 km of the known mineralized paleo-channel, defined by pits and trenching, as well as further targets in the 15 km long radiometric U anomaly, and radon gas and new geochemical targets outside the principal airborne anomalies.

Highlights from previously announced results at ANIT include a mechanized trenching interval that averaged 358 meters at 0.052% U3O8.The weighted average of mineralized intervals from the three trenches completed on the project was 847 meters grading 0.043% U3O8. The mineralization remains open to depth. Uranium -- Vanadium mineralization appears to be open in width in Trench 1 and Trench 3 (see March 23, 2010 news release).

Pit sampling has identified a 6km long zone of near surface uranium-vanadium mineralization through a series of 83 hand-excavated pits (see September 10, 2009 news release). These pits had an average grade of 0.045% U3O8 with an average thickness of the mineralized interval 1.7 m and were dug within a 15 km long uranium channel airborne radiometric anomaly. Hand auger drilling from the bottom of 41 pits successfully extended mineralization to a maximum depth of 5.8 m below surface

At this early stage of exploration, Blue Sky interprets the ANIT anomaly to be similar in style to known deposits in Western Australia (Lake Maitland NI43-101 compliant inferred resource of 23.7 million lbs U3O8 at an average grade of 0.033% U3O8), and in Namibia (Langer Heinrich deposit with Measured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 million pounds lbs of U3O8 and Inferred Resources of 70.7Mt grading 0.06% containing 91.6 million lbs of U3O8).

The technical information contained in this release has been prepared by Bruce Smith, AusIMM, Blue Sky Uranium Exploration Manager and a Qualified Person as defined by National Instrument 43-101

About Blue Sky Uranium Corp.

Blue Sky has, through its membership with Grosso Group Management, has signed and agreement in principle for a strategic alliance with the Government of Rio Negro for the purpose of jointly exploring the potential for commercial mining activity to develop mining projects that provide for the acquisition, exploration and exploitation of polymetallic and energy related mineral deposits. The Company is dedicated to actively exploring the Patagonia region of Argentina. Experienced management and technical members, who foster relationships with a vast amount of international industry contacts, lead the exploration team on the search for quality resource opportunities. Blue Sky is a member of the Grosso Group, a resource management group with over 15 years experience in exploring South America.

ON BEHALF OF THE BOARD

"Sean Hurd"

Mr. Sean Hurd, President & CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Copyright � 2010 BLUE SKY URANIUM CORPORATION (BSK) All rights reserved. For more information visit our website at http://www.blueskyuranium.com/ or send email to info@blueskyuranium.com ..
Message sent on Thu Mar 25, 2010 at 9:56:14 AM Pacific Time
Data and Statistics for these countries : Argentina | Australia | Namibia | All
Gold and Silver Prices for these countries : Argentina | Australia | Namibia | All

Blue Sky Uranium Corp.

EXPLORATION STAGE
CODE : BSK.V
ISIN : CA0960494080
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Blue Sky Uranium is a uranium exploration company based in Canada.

Its main exploration properties are ANIT and SANTA BARBARA PROJECT in Argentina.

Blue Sky Uranium is listed in Canada and in Germany. Its market capitalisation is CA$ 3.2 millions as of today (US$ 2.3 millions, € 2.2 millions).

Its stock quote reached its highest recent level on January 15, 2010 at CA$ 94.00, and its lowest recent point on December 05, 2014 at CA$ 0.01.

Blue Sky Uranium has 49 750 000 shares outstanding.

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Annual reports of Blue Sky Uranium Corp.
2008 annual Report
Financings of Blue Sky Uranium Corp.
7/6/2016Closes $1,900,000 Private Placement
1/31/2014Closes First Tranche of Private Placement
1/27/2014Announces Private Placement
1/9/2014Closes Financing
2/19/2013Announces Non-Brokered Private Placement
9/14/2012Closes Final Tranche of Oversubscribed Financing
9/3/2012Closes Second Tranche of Financing
12/19/2011Closes Final Tranche of Non-Brokered Private Placement
12/7/2011Closes First Tranche of Non-Brokered Private Placement
5/11/2011Closes Over-subscribed Private Placement Financing
4/26/2011Announces $720,000 Non-Brokered Financing
7/19/2010Announces $3.5 Million Non-Brokered Private Placement
4/8/2010Lumina Capital Exercises 5,000,000 Warrants in Blue Sky Uran...
Option Grants of Blue Sky Uranium Corp.
2/4/2014Engages Palisade Capital for Marketing Services and Grants O...
Nominations of Blue Sky Uranium Corp.
3/13/2013Corporate Changes - Chief Financial Officer
8/2/2011Normand Champigny Appointed to Board of Directors of Blue S...
4/22/2010Appoints Chief Financial Officer and Corporate Secretary
Project news of Blue Sky Uranium Corp.
1/28/2013AREVA Funds $2 Million 2013 Exploration Program
10/29/2012Trenching Completed At Blue Sky's Ivana Project
6/29/2012Windstorm Resources Inc. Receives Shareholder Approval of Bu...
5/23/2012and Windstorm Resources Inc. Announce Signing of Arrangement...
4/27/2012and Windstorm Resources Inc. Announce Agreement to Merge
1/4/2012Partners with AREVA to Advance Exploration in Argentina
10/26/2011Announces High-Grade Near Surface Uranium Discovery at IVANA
10/24/2011Commences Ground Geophysical Survey at Darmar Gold-Silver T...
7/27/2011Presents Uranium Discovery at International Atomic Energy Ag...
2/22/2011Announces New Uranium Discovery In Rio Negro, Argentina
5/18/2010(Anit)Drilling Confirms Extensive Uranium - Vanadium Mineralizatio...
3/25/2010(Anit)Commences Drilling At ANIT
3/23/2010(Anit)defines Wide Intervals of High Grade Uranium - Vanadium Mine...
12/1/2009(Anit)identifies new drill targets and extends Anit Uranium Vanadi...
9/10/2009(Anit)Makes Important Discovery In Rio Negro, Argentina
Corporate news of Blue Sky Uranium Corp.
8/2/2016Blue Sky Announces Non-Brokered Private Placement
7/11/2016Blue Sky Hires Technical Consultant; Charts New Path for Ura...
7/5/2016Blue Sky Closes $1,900,000 Private Placement
6/3/2016Blue Sky Modifies Private Placement Terms
6/1/2016Blue Sky Announces Non-Brokered Private Placement
3/31/2016Blue Sky Announces Change of Auditor
1/18/2013BSK Attending Cambridge Conference in Vancouver
9/26/2012Results of Annual General Meeting
8/8/2012High Grade Surficial Uranium Encountered At Ivana VIII Proje...
4/3/2012Completion of Share Consolidation
3/23/2012Shareholders Approve Restructuring
3/13/2012Expands High Grade Uranium Mineralization at the Ivana Proje...
2/16/2012to Shareholders
2/9/2012and Partner AREVA Commence 2012 Exploration Program
1/28/2012Share Capital Restructuring
8/16/2011reports major targets adjacent to Marifil's San Roque Au-Ag ...
6/1/2011Normand Champigny Appointed President & COO of Blue Sky Uran...
7/10/2010Results of Annual General Meeting of Blue Sky Uranium Corpo...
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