Blue Sky Uranium posts high‐grade Ivana drill results and secures US$35m JV funding

BKUCFBKUCF

Blue Sky Uranium’s 328‐hole, 4,959m infill program at Ivana deposit returned up to 4m averaging 4,368ppm U3O8 (including 1m @7,003ppm). These results boost geological confidence for Amarillo Grande prefeasibility and align with a JV structure funding US$35m for 49.9% and up to US$160m for 80% ownership.

1. Blue Sky Uranium Retains Maximus for Investor Relations Consulting

Blue Sky Uranium Corp. (OTCQB: BKUCF) has engaged Shawn Perger’s Maximus Investor Relations Ltd. under a one-year agreement effective January 1, 2026. The mandate, subject to TSX Venture Exchange approval, carries an annual fee of US$126,000, payable monthly, and encompasses corporate communications, broker presentations, trade show attendance and tailored marketing and advertising programs. Maximus, an arm’s-length Vancouver-based firm, holds the right to acquire up to 2,600,000 common shares under Blue Sky’s existing stock option plan, including 600,000 options expiring January 29, 2026. This strategic appointment aims to bolster Blue Sky’s corporate finance initiatives and enhance visibility among institutional and retail investors as the Company advances its uranium exploration projects in Argentina.

2. Final Infill Drilling Results at Ivana Deposit Boost Technical Confidence

The Ivana infill drilling program, a key step toward prefeasibility studies at the Amarillo Grande Project, comprised 328 reverse-circulation holes totaling 4,959 metres, averaging 15 metres depth. Combined with prior work, the deposit now has 1,166 holes and 15,828 metres of drilling completed. Assay highlights show approximately 15% of holes (51) intersected at least 1 metre grading 1,000 ppm U3O8, including a standout interval of 1 metre at 7,003 ppm U3O8 within a 4-metre composite averaging 4,368 ppm in hole AGI-884. Analytical procedures adhered to industry best practices with 10.5% QA/QC samples and external audit by Lions Gate Geological Consulting Inc., which confirmed data reliability for future resource estimation. These results support enhanced geological confidence, tighter mineralization bounds and potential resource classification upgrades as Blue Sky progresses toward prefeasibility and feasibility milestones.

Sources

NN