Blue Sky Uranium Corp. Commences Ground Geophysical Survey at Darmar Gold-Silver Targets, Rio Negro province, Argentina by 24hgold

Keywords : Argentina | Indium |

NEWS RELEASE

Monday, October 24, 2011
Blue Sky Commences Ground Geophysical Survey at Darmar Gold-Silver Targets, Rio Negro province, Argentina

Blue Sky Uranium Corp. (TSX-V: BSK, FRA: MAL, WKN: AOMKXP) ("Blue Sky" or the "Company") is pleased to announce it has commenced an IP geophysical survey aimed at defining drilling targets on its Darmar I and Darmar gold-silver targets in the Rio Negro province of Argentina. These targets consist of two major airborne magnetic anomalies with gold-silver potential adjacent to Marifil Mines Limited ("Marifil") San Roque project, under option to NovaGold Resources, Inc. ("NovaGold").

Blue Sky's objective is to advance the gold-silver Darmar targets to the drill-ready stage and identify a potential joint venture partner while maintaining the Company's exploration focus on surficial uranium deposits in Argentina.

Blue Sky's Darmar I target is located 3.5 km southeast of the San Roque project and comprises of a 1.5 km in diameter magnetic anomaly. The Darmar target is located 43 km southeast from the Darmar I target and has a diameter of 4.5 km. Both targets may correspond to an intrusive system covered by shallow gravels. The 11 line-km survey will cover both Darmar targets and aims to confirm the presence of a sulphide-rich mineralized system and define drill targets. Both targets have the potential to host mineralized systems similar to that being explored by NovaGold at San Roque.

Marifil's San Roque project: On July 20, 2011 Marifil announced results from NovaGold's first phase drill program including an intercept of 120 m at average grade of 1.2 g/t Au and 10 g/t Ag in drill hole MSR-009 as well as significant values for indium, lead and zinc. Marifil stated that they believe that they have discovered a major gold-silver-lead-zinc-indium deposit and recently announced the commencing of second phase of drilling (3,500 to 5,000 m).

Normand Champigny of Blue Sky, Bruce A. Smith, Country Manager for Minera Cielo Azul S.A., a 100% owned subsidiary of Blue Sky, and John Kieley, consultant responsible for the geophysical interpretation, are Qualified Persons as defined by National Instrument 43-101 and have prepared and verified the information contained in this release.

About Blue Sky Uranium Corp.

Blue Sky is a member of the Grosso Group, a resource management group with over 18 years of exploration experience in South America. Blue Sky, through its membership with the Grosso Group, signed an agreement in principle for a strategic alliance with the Government of Rio Negro, Argentina, 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. Blue Sky is one of the country's leading uranium exploration companies with more than 5,000 km2 of tenements. Argentina has an advanced nuclear industry, centered in the Rio Negro Province.

ON BEHALF OF THE BOARD

"Normand Champigny"
_____________________________________
Mr. Normand Champigny, President & COO

For further information please contact:

Corporate Communications
Tel: 1-604-687-1828
Toll-Free: 1-800-901-0058
Email: info@blueskyuranium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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. Readers are encouraged to refer to the Company's public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements. 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.

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