09:12 AM EDT, 07/02/2025 (MT Newswires) -- Blue Sky Uranium ( BKUCF ) said Wednesday that it will acquire an additional substantial historic subsurface dataset for its Corcovo uranium project in Argentina.
The company said the new data package includes complete information from 449 historical oil and gas wells ranging from more than 500 meters up to 750 meters in depth within the Corcovo concession area.
"Blue Sky now have a massive amount of information from over 500 drill holes that will allow us to rapidly enhance our geological model, improve confidence in the interpreted uranium-bearing horizons, and potentially accelerate future targeting for in situ recovery-style uranium mineralization," said Nikolaos Cacos, president and CEO of Blue Sky.
The company said it is integrating the newly acquired data into its geophysical and geological interpretation to refine exploration targets.
Blue Sky's share price jumped 9.1% on Monday to $0.06 on the TSXV.