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Blue Skys Drilling Returns 10 Meters of 0.036% U3O8 and Discovers Stacked Paleochannels

Wednesday, June 16, 2010

(via Thenewswire.ca)

Blue Sky Uranium Corp. (TSX-V: BSK, WKN: AOMKXP) is pleased to announce further results from aircore drilling on its ANIT uranium-vanadium project in Rio Negro Province, Argentina. In the thickest intercept drilled to date, hole AN-85 averaged 10 meters at 0.036% U3O8 and 0.045% V2O5, including 6 meters at 0.056% U3O8 and 0.047% V2O5. Overall at ANIT of 97 drill holes completed, 81 encountered mineralization above cut-off grade with weighted average of intervals from the mineralized holes of 2.6 meters thickness at 0.03% U3O8 and 0.075% V2O5. In addition, evidence of stacked mineralized intervals up to 29 meters below surface were detected at ANIT Central.

"Blue Sky is only at the very beginning of its exploration efforts at the ANIT project and within the region. We are pleased that at such an early stage the initial results compare very favorably to known paleochannel deposits in Namibia and Western Australia. To date the Company has only received results from 5.2 km within a 15 km radiometric anomaly and there are over a dozen radon gas targets that have yet to be tested within the project. Our objectives are to rapidly advance the ANIT project and to evaluate the significant regional potential within the district." Said Mr. Sean Hurd, President & C.E.O.

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