Blue Sky Uranium

What Blue Sky Uranium does

Blue Sky Uranium Corp. is a Canadian uranium-vanadium exploration and development company headquartered in Vancouver, British Columbia (Suite 411, 837 West Hastings Street), founded in 2006 and listed on the TSX-V (BSK), OTC (BKUCF), and FSE (MAL2). The company operates as part of the Grosso Group and conducts its exploration activities entirely in Argentina, with a focus on Rio Negro Province and additional holdings in Mendoza Province (Corcovo), the Neuquén Basin, and the San Jorge Basin. Its flagship asset is the Amarillo Grande Uranium-Vanadium Project — an in-house-discovered district that hosts the largest NI 43-101 uranium resource in Argentina — anchored by the Ivana Uranium-Vanadium Deposit discovered in 2017 and accompanied by exploration targets at Ivana East, Ivana Gateway, and Ivana Gap.

The company's core technology is conventional uranium-vanadium exploration and resource definition: diamond drilling, reverse-circulation drilling, airborne radiometric surveys, IP/chargeability geophysics, geological modeling of higher-grade domains, and metallurgical testing for both in-situ recovery (ISR) and conventional extraction pathways. Domain expertise is concentrated on identifying roll-front uranium mineralization in reduced sandstone horizons, demonstrated by the 2025 infill drilling program and subsequent higher-grade core zone modeling at Ivana. Blue Sky is pre-revenue and does not sell commercial products or services; its business model is to advance the Amarillo Grande Project from exploration through feasibility and ultimately to uranium and vanadium production. The company funds development through repeated private placements and a transformational 2025 earn-in joint venture with Corporación América Group, under which the partner will fund up to US$160 million of cumulative expenditures to earn up to an 80% equity interest. Future revenue is intended to come from supplying uranium and vanadium to domestic Argentine utilities and international markets.

Name

Blue Sky Uranium

Legal name

Blue Sky Uranium Corp.

Website

https://blueskyuranium.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Blue Sky Uranium Corp. is a Canadian uranium-vanadium exploration and development company operating in Argentina. It is advancing the Amarillo Grande Project — host to the largest NI 43-101 uranium resource in Argentina — toward feasibility through a US$160 million earn-in partnership with Corporación América Group.

Ownership category

akta.pro rank

Product category

Uranium Mining & Exploration

SIC

Metal Mining (1000)

akta.pro primary industry

Uranium Mining & Milling (Yellowcake/U3O8 Production) (EUAKACAB)

akta.pro secondary industry

Fuel Cycle Support Services (Engineering, licensing support, conversion/enrichment contracting) (EUAKACAL)

Keywords

• Uranium mining exploration
• Vanadium mineral exploration
• Mineral resource development
• Uranium-vanadium projects
• Critical minerals supply

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Technology or R&D, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Pre-Revenue Exploration Stage: Blue Sky Uranium is a pre-revenue exploration-stage company. The company is advancing its Amarillo Grande Uranium-Vanadium Project through exploration and toward feasibility studies. Future revenue would come from uranium and vanadium production and sales to energy utilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Blue Sky Uranium is a uranium-vanadium exploration and development company advancing its flagship Amarillo Grande Project in Rio Negro Province, Argentina. The company acquires, explores, and develops a portfolio of uranium-vanadium projects, with the goal of moving toward low-cost production for supply to energy utilities and international markets. The company is currently pre-revenue, operating through joint venture funding and equity financings.

Product overview

Blue Sky Uranium is a uranium-vanadium exploration and development company operating in Argentina. The company operates a portfolio of uranium-vanadium projects centered around its flagship Amarillo Grande Project, an in-house discovered district hosting the largest NI 43-101 uranium resource in Argentina. The core asset is the Ivana Uranium-Vanadium Deposit, supported by multiple exploration targets including Ivana East, Ivana Gateway, and Ivana Gap. The company also holds additional projects in Mendoza Province (Corcovo) and maintains exploration activities in the Neuquén and San Jorge Basins. With a positive Preliminary Economic Assessment completed, the company is advancing toward pre-feasibility and feasibility studies, with joint venture partner Corporación América Group funding earn-in expenditures of up to US$160 million for an 80% equity interest.

Differentiator

Problem solved

Functional benefit

Products and services

• Amarillo Grande Uranium-Vanadium Project Flagship district-scale uranium-vanadium exploration and development project in Rio Negro Province, Argentina. An in-house discovery hosting the largest NI 43-101 uranium resource in the country with a positive Preliminary Economic Assessment, targeted at becoming both a leading domestic supplier of uranium to the growing Argentine market and a new international market supplier.
• Ivana Uranium-Vanadium Deposit Central uranium-vanadium deposit within the Amarillo Grande Project, forming the primary resource target for potential future mining operations. Subject to a six-year earn-in joint venture with Corporación América Group, which is funding up to US$160 million in cumulative expenditures to earn up to 80% equity.
• Corcovo Uranium Project Uranium exploration project in Mendoza Province, Argentina, where Blue Sky has confirmed uranium discovery potential suitable for in-situ recovery (ISR) extraction methods.

Quantifiable outcome

• Largest NI 43-101 uranium resource in Argentina
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, supporting and historical.

• Corporación América GroupcoreStrategic or Co-development Partner · 1 January 2025Joint venture with Ivána Minerales S.A. for the Ivana Uranium-Vanadium Project. Corporación América is funding cumulative expenditures of up to US$160 million to earn up to an 80% equity interest in the project over a six-year earn-in arrangement. This is the primary funding mechanism for advancing the project to feasibility and commercial production.
• Saskatchewan Research Council (SRC)supportingImplementation/ SI/ Consulting PartnerService agreement for metallurgical testing of approximately 900 kilograms of mineralized samples from the Ivana deposit. Testing will be conducted at SRC's Canadian laboratories to optimize uranium and vanadium recovery processes for pre-feasibility and feasibility-level economic studies.
• M3 Engineering & TechnologysupportingImplementation/ SI/ Consulting PartnerService agreement for engineering studies at the Ivana Uranium-Vanadium Project. Together with SRC, these agreements will generate key data to support pre-feasibility and feasibility-level economic studies.
• Hidroar S.A.supportingImplementation/ SI/ Consulting PartnerArgentine consulting firm engaged to conduct hydrogeological study at the Ivana deposit. The study will evaluate potential water sources and groundwater conditions required to support future mining and processing operations, with an estimated cost of approximately US$400,000.
• AREVAhistoricalStrategic or Co-development PartnerIn 2012, AREVA partnered with Blue Sky to explore for uranium in Argentina. AREVA funded a US$2 million 2013 exploration program. This was an early strategic partnership that helped advance early exploration activities in the Amarillo Grande district.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Denison Mines Corp: Canadian uranium developer focused on the Wheeler River project in Saskatchewan, advancing toward feasibility. Most direct analog in size, jurisdiction, and stage to Blue Sky's Ivana asset, with both companies pursuing roll-front / unconformity-style uranium deposits toward production.
• Energy Fuels Inc: US-listed uranium and rare earths producer with assets in the Americas, including ISR and conventional uranium operations. Comparable in being an Americas-focused uranium developer with both production-stage and exploration assets in the same commodity.
• Uranium Energy Corp: US uranium producer and explorer with a portfolio of ISR projects primarily in the US and Paraguay. Closely comparable business model (uranium-only focus, ISR-friendly deposits, Americas footprint) at a larger and more advanced stage.

Emerging players

• Skyharbour Resources Ltd: Canadian junior uranium explorer with a portfolio of uranium projects in Saskatchewan and a partner-funded earn-in model. Highly comparable in size, exchange listing (TSX-V), and strategy of advancing projects through joint-venture partner funding.
• NexGen Energy Ltd: Canadian uranium developer advancing the Arrow deposit in Saskatchewan through permitting and feasibility. Comparable as a single-asset uranium developer that has driven resource upgrades to fund the next study stage, but at a much larger scale and more advanced permitting position.
• Purepoint Uranium Group Inc: Canadian junior uranium explorer focused on Athabasca Basin uranium projects with several joint-venture partners funding exploration. Closely mirrors Blue Sky's stage, exchange, and JV-funded exploration strategy.
• Standard Uranium Ltd: Canadian junior uranium explorer pursuing district-scale exploration in the Athabasca Basin with option/JV structures. Comparable profile as a small-cap TSX-V uranium explorer at a similar pre-resource or early-resource stage.
• Boss Energy Ltd: Australian uranium developer that brought its Honeymoon ISR mine back into production. Useful peer for assessing the path from feasibility to ISR uranium production that Blue Sky's Corcovo/Ivana-style roll-front assets could eventually follow.

Broad incumbents

• Cameco Corporation: World's largest publicly traded uranium producer, operating mines and conversion facilities globally. Provides the broad incumbent benchmark for uranium pricing, off-take, and project economics that any junior developer like Blue Sky must compete against.
• Paladin Energy Ltd: Australia-listed uranium producer restarting the Langer Heinrich mine in Namibia. Comparable as a uranium-only producer advancing back toward commercial output, providing read-through to off-take markets and project economics for ISR/conventional uranium developers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Blue-Sky-Uranium-Corp-707824632726892

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds9 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Blue Sky Uranium