Blue Sky Uranium has provided the results from a 1,223mt trenching program on its Anit project in Rio Negro Province, Argentina. Highlights include an interval that averaged 358mt at 0.052% U(3)O(8) and 0.159% V(2)O(5) including 30mt at 0.397% U(3)O(8) and 1.469% V(2)O(5).
The weighted average of mineralized intervals from all three trenches was 847mt grading 0.043% U(3)O(8) and 0.104% V(2)O(5). This trenching program is the first mechanized exploration program that has been conducted on the Anit property.
At this early stage of exploration, the company interprets the Anit anomaly to be a paleochannel- or surficial- type uranium occurrence similar in style to known deposits in Western Australia (Lake Maitland NI43-101 compliant inferred resource of 23.7 million lbs U(3)O(8) at an average grade of 0.033% U(3)O(8)), and in Namibia (Langer Heinrich deposit with Measured and Indicated Resources of 56.4Mt grading 0.06% containing 72.4 million pounds lbs of U(3)O(8) and Inferred Resources of 70.7Mt grading 0.06% containing 91.6 million lbs of U(3)O(8)).
Blue Sky’s exploration team recently completed three excavator trenches totaling 1223mt. The trenches were cut to a depth of approximately 2mt and were designed to test the lateral extent and continuity of the mineralized paleo-channel that has been defined by pits along a minimum of 6km of strike length, within a larger 15km long radiometric uranium channel anomaly.
Trench 1 was located in the center of the Anit West anomaly; Trench 3 was located in the center of the Anit Central anomaly and Trench 2 was located in the break between these two major anomalies.
The three trenches cut variable host sediments, including loose sands and gravels, clay sediments and gypsum layers. All major rock types are mineralized, and at this stage, it does not appear that the host sediment lithology is a limiting factor for uranium vanadium mineralization. Each trench was sampled by a continuous horizontal channel sample with 1mt or 2mt composite samples.
The channel samples were 10cm wide and targeted the higher gamma responses on the trench walls along the trench. The vertical component of mineralization will be determined in the coming drill program. The mineralized paleo-channel remains open to depth. Uranium – Vanadium mineralization appears to be open in width in Trench 1 and Trench 3.