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Blue Sky Uranium Corp. (TSXV: BSK, FSE: MAL2; OTC: BKUCF)
Blue Sky Uranium Corp. (TSX.V: BSK; FSE: MAL2.F; OTC: BKUCF) is one of Argentina’s best-positioned uranium & vanadium exploration companies with more than 4,000 km2 (400,000 ha) of prospective tenements. The Company’s mission is to deliver exceptional returns to shareholders by acquiring, exploring and advancing towards production a portfolio of uranium-vanadium projects, with an emphasis on near-surface deposits with the potential for near-term low-cost production. The Company follows international best practices in exploration, with a focus on respect for the environment, the communities, and the cultures in all the areas in which we work.
Argentina is the largest generator of electricity from nuclear energy in South America. The country is working to further expand their nuclear energy sector with additional power plants, but currently lacks domestic uranium production. Argentina’s desire for security of supply could provide a “guaranteed” first customer for a new domestic supplier. Large scale production could make Argentina a strategic exporter of uranium to the international nuclear energy sector.
Blue Sky’s exploration work between 2007 and 2012 led to the discovery of a new uranium district in Rio Negro Province. The Company’s Amarillo Grande Project covers the district with three major properties, including the Ivana near-surface uranium deposit which hosts the largest NI 43-101 uranium resource in the country; Ivana also has potentially significant vanadium credits. Other exploration targets for blind uranium and vanadium mineralization are also present within the project area. The close proximity of the properties & targets provides the potential for an integrated, low-cost uranium-vanadium producing operation, making Amarillo Grande an excellent candidate to be the first near-term uranium producer in Argentina.
The Company is a member of the Grosso Group, a resource-focused management group that pioneered the mineral exploration industry in Argentina and has operated there since 1993. The group is credited with four exceptional mineral deposit discoveries, and has a highly-regarded track-record for fostering strong relationships with the communities and governments where it works. The Grosso Group leverages its vast network of local, regional and international industry contacts to support the exploration team as they search for quality resource opportunities.
Nikolaos Cacos, M.I.M.
President and Ceo
Mr. Cacos brings over 25 years of management and advisory expertise in the mineral exploration industry. He has worked with Grosso Group since inception and serves as senior level executive for all the member companies. Mr. Cacos’ career includes administration and strategic planning for public companies. He currently serves as an officer and director of a number of TSX Venture Exchange listed companies. He holds a Master of International Management degree from Heidelberg, Germany and a Bachelor of Science degree from the University of British Columbia.
Guillermo Pensado
Vice President, Exploration & Development
Mr. Pensado is a professional economic geologist with more than 25 years of expertise in the mineral exploration industry – with particular emphasis on uranium. He holds extensive experience in exploration and economic project assessment in Argentina, Brazil, Chile, Peru, USA and Canada, mainly focused in uranium, precious metals and copper deposits. In the last decade, Mr. Pensado has worked in the start-up of new projects and companies, and has held positions from advisor to V.P. Exploration.
Mr. Pensado is a Certified Professional Geologist in the USA, a Qualified Person for NI-43-101 in Canada, and a Professional Geologist from the Argentine Professional Geological Council. Mr. Pensado holds a B.Sc. in Geology from the University of La Plata, Argentina, and a M.Sc. in Mineral Exploration from Queen’s University, Canada. He is a member of the Society of Economic Geologists since 2000. In 2001, he was recognized with the David Money Medal Award from Queen’s University for the Top MinEx Student in the International Program. In 2016 and 2018, Mr. Pensado was recognized by the Argentina Mining International Conference for his professional career in the exploration industry.