Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - Blue Sky Uranium (TSXV: BSK) (FSE: MAL2) (OTCQB: BKUCF) is pleased to announce that the Company will be presenting at Red Cloud's Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us. The conference will be held in-person at The Omni King Edward Hotel on February 26-27, 2026. CEO Niko Cacos will be present on Day 2 – Friday, February 27th at 2:40PM Eastern Standard time in the Vanity Fair Presentation ...

Core Viewpoint - Blue Sky Uranium Corp. has completed a comprehensive Gap Analysis for the Ivana Uranium-Vanadium Deposit, providing a strategic roadmap for advancing the project towards potential uranium production [1][4]. Summary by Sections Gap Analysis Overview - The Gap Analysis was conducted by M3 Engineering & Technology Corporation and aims to identify areas needing additional data to support the Pre-Feasibility Study (PFS) and Feasibility Study (FS) [2][5]. - The analysis outlines a timeline of approximately 24 months and an estimated budget of US$13.5 million for completing the necessary steps [3][5]. Project Details - The Ivana deposit has a Mineral Resource Estimate (MRE) of 19.7 million tonnes at 0.039% UO and 0.019% VO in the Indicated category, and 5.6 million tonnes at 0.031% UO and 0.019% VO in the Inferred category [5]. - The Preliminary Economic Assessment (PEA) indicates an initial mine life of 11 years, requiring a capital expenditure of US$159.7 million, with an estimated all-in sustaining cost of US$24.95 per pound UO [5]. Technical and Environmental Framework - The Gap Analysis confirms strong baseline technical work, favorable metallurgy, and clear permitting pathways for the Ivana project [6]. - Key milestones include a total estimated cost of US$11.4 million for technical, environmental, and permitting studies, plus a contingency of US$2.05 million, totaling US$13.45 million [8]. Timeline and Milestones - The analysis outlines a structured timeline for advancing the project, including: - Q4 2025: Metallurgical lab selection and sample shipment - Q2 2026: Preliminary metallurgical results - Q3 2026: Completion of PFS - Q2 2027: Final metallurgical test report and FS completion - Q3 2027: Submission of Environmental Impact Assessment [12].

Group 1 - Blue Sky Uranium will present at Red Cloud's Fall Mining Showcase 2025 in Toronto, inviting shareholders and interested parties to learn about the company's latest developments [1][2] - The annual conference will take place on November 4 & 5, 2025, at the Sheraton Centre Toronto Hotel, featuring presentations from various mining companies and industry leaders [2] - Niko Cacos, a representative of Blue Sky Uranium, is scheduled to present on November 5th at 12:00 PM ET [2] Group 2 - Blue Sky Uranium is positioned as one of Argentina's leading uranium and vanadium exploration companies, holding over 4,000 km² (400,000 ha) of prospective tenements [3] - The company's mission focuses on delivering exceptional returns to shareholders by acquiring, exploring, and advancing uranium-vanadium projects, particularly those with near-surface deposits for low-cost production [3] - Blue Sky Uranium adheres to international best practices in exploration, emphasizing environmental respect and community engagement in its operational areas [3]

Core Insights - Blue Sky Uranium Corp. has completed an induced polarization geophysical survey at the Ivana Gap target, which is part of the Amarillo Grande Uranium-Vanadium Project in Argentina, indicating potential for mineralization [1][2][3] Geophysical Survey Results - The survey identified a 1,400-metre wide chargeability anomaly at a depth of 30 to 60 metres, suggesting a continuous redox front trend linking the Ivana Deposit and Ivana Central target [2][3] - The anomaly is interpreted to indicate the northerly extension of the REDOX front trend related to the Ivana Uranium-Vanadium deposit, highlighting Ivana Gap as a key area for further exploration [2][3] Future Exploration Plans - The results from the ET survey will guide the upcoming diamond drill program, which is scheduled to commence in the fourth quarter of 2025 [3][4] - The objective of the drilling is to trace the subsurface extent of the organic-rich sandstone/REDOX front between the Ivana Deposit and Ivana Central target [3] Joint Venture and Funding - The geophysical and drilling programs are funded by Ivana Minerales S.A., the joint venture company established to advance the Ivana Uranium-Vanadium Project [4] - Under the terms of the agreement, Ivana Minerales S.A. has the option to acquire up to a 100% interest in certain exploration targets at Amarillo Grande, subject to specific funding obligations [4][9] Technical Details of the Survey - The ET survey was conducted using a pole-dipole array with 15 m electrode spacing, covering a single 5-kilometre line [5][6] - The survey results show a broad chargeability anomaly interpreted as the REDOX front horizon signature, with additional smaller anomalies observed [6][7]

Core Insights - Blue Sky Uranium Corp. has initiated an exploration program in partnership with Ivana Minerales S.A. to target areas surrounding the Ivana deposit, which is part of the Amarillo Grande Project [1][3] - The company has completed an infill drilling program at the Ivana Deposit, totaling 4,959 meters across 328 holes, contributing to a pre-feasibility study [2][9] - A comprehensive Gap Analysis has been initiated to transition the Ivana Project from exploration to development stage, identifying necessary studies and permitting requirements [3][12] Exploration Program - The exploration program commenced with a 5 line-kilometre pole-dipole electrical tomography survey at the Ivana Gap target to identify potential drill targets [4][6] - The survey aims to delineate a mineralization corridor that is over 2.4 km long and 1 km wide, with previous drilling indicating significant mineral presence [4][5] Infill Drilling Program - The infill drilling program has increased the total drilling at the Ivana Deposit to 15,839 meters across 1,166 holes, enhancing geological understanding and resource categorization [2][9] - The drilling included grid drilling within mineralized areas and targeted high-grade uranium zones previously restricted by poor soil conditions [8][10] Gap Analysis - The Gap Analysis will assess various aspects including metallurgy, mine design, process engineering, and environmental considerations, led by M3 Engineering and Technology Corporation [11][12] - This analysis is expected to provide a structured roadmap for advancing the Ivana Project into pre-feasibility, identifying critical path activities and project risks [12] Company Overview - Blue Sky Uranium Corp. aims to advance its uranium deposits into low-cost producers while maintaining environmental and community standards [15] - The Amarillo Grande Project is positioned to be a significant supplier of uranium to both domestic and international markets [15][14]

Core Insights - Blue Sky Uranium Corp. has expanded its principal target at the Corcovo Uranium Project in Argentina by integrating data from an additional 104 historical oil and gas wells into its geological model, enhancing the understanding of a substantial uranium mineralized system [1][3] Geological and Mineralization Insights - A new uranium equivalent grade-by-thickness map for the Centenario Core Horizon confirms the presence of uranium mineralized zones consistent with roll front style mineralization, with a notable corridor measuring approximately 2.2 kilometers in length and 500 meters in width [2] - The integration of new data supports improved mapping of the uranium-bearing horizon and indicates potential for further expansion of the mineralized system [2][3] Project Development and Strategic Initiatives - The Corcovo Project spans 20,000 hectares and is strategically located at the northeastern margin of the Neuquén Basin, with favorable conditions for cost-effective exploration and potential in-situ recovery (ISR) development [3] - The company is prioritizing the acquisition and interpretation of 3D seismic data to delineate the geometry of potential mineralized bodies, which is crucial for advancing the project towards resource estimation [3][5] Data Acquisition and Methodology - Blue Sky Uranium has secured a historic subsurface dataset from several hundred oil and gas wells and is actively processing additional historical drill holes to enhance its geological model [5][6] - The company plans to collect water samples and drill cuttings for geochemical validation of legacy gamma-ray log data, which will support further exploration efforts [7][9] Drill Hole Data Summary - Significant intervals of anomalous uranium equivalent (eU) have been reported from various drill holes, with peak grades reaching up to 425 ppm in the Centenario Core horizon [8]

Core Insights - Blue Sky Uranium Corp. has announced promising results from the initial technical review of the Corcovo Uranium Project in Mendoza Province, Argentina, indicating significant potential for in situ recovery (ISR) of uranium [1][2] Project Overview - The Corcovo Project spans 20,000 hectares and is located at the northeastern margin of the oil and gas-producing Neuquén Basin, with geological potential for uranium ISR deposits initially identified by the National Atomic Energy Commission (CNEA) [2] - The project was optioned in 2024 as part of a strategic initiative to enhance the company's long-term uranium resource discovery prospects [2] Technical Review Highlights - The geological team reviewed data from 89 historical oil and gas wells, identifying radiometric anomalies at four stacked horizons, with significant sections up to 10 meters thick along a trend exceeding 10 kilometers [1][3] - The Centenario Formation Core is the primary target, showing radiometric anomalies between 1 and 10 meters thick, with values reaching up to 261 ppm Ueq (0.03 U3O8eq) [3][4] - Estimated porosity values in the target area range from 22% to 30%, indicating favorable conditions for ISR production methodologies [4][5] Deposit Model Comparison - The Corcovo Project's deposit model is compared to the Inkai uranium project in Kazakhstan, which is recognized as a leading ISR mining project, showcasing similar roll-front uranium mineralization characteristics [6] Planned Activities - The company plans to conduct further data acquisition, including a 3D-2D seismic survey and analysis of approximately 200 historical drill holes, to refine the understanding of subsurface geological structures [7] - Additional activities include obtaining water samples from active oil wells and drill cuttings from historic holes to validate gamma-ray data and perform geochemical testing [7] Drill Hole Data Summary - A summary of significant drill holes indicates various uranium equivalent values across different horizons, with notable results from the Centenario Core and Rayoso Channel [8][9]

Core Viewpoint - Vanguard Mining Corp. has acquired the Yuty Prometeo Project in Paraguay, which is expected to enhance its uranium exploration strategy, with an initial NI 43-101 Technical Report to be prepared by senior geologist Ariel Testi [1][3]. Company Overview - Vanguard Mining Corp. is a Canadian mineral exploration company focused on high-value strategic minerals, particularly uranium, and is advancing projects in the United States and Paraguay [21]. - The company aims to create value through responsible exploration and the acquisition of promising uranium properties [21]. Project Details - The Yuty Prometeo Project consists of a 90,000-hectare (222,395-acre) land package, including the San Jose and Prometeo concessions, located in the uranium-rich Paraná Basin of southeastern Paraguay [2][8]. - The Prometeo Concession covers approximately 27,666 hectares (68,368 acres) and is adjacent to UEC's Yuty Project, which has a defined uranium resource of 8.96 million pounds [2][9]. - The San Jose Concessions total approximately 62,210 hectares (153,754 acres) and have shown significant uranium anomalies based on previous radiometric surveys [10][11]. Geologist Profile - Ariel Testi, a seasoned geologist with 22 years of experience in the mining industry, has been retained to prepare the initial Technical Report for the Yuty Prometeo Project [4][6]. - Testi has a strong background in mineral exploration and has previously contributed to significant discoveries, including the Ivana Deposit in Argentina [6][7]. Industry Context - Paraguay is emerging as a favorable mining jurisdiction in South America, characterized by political stability, low sovereign risk, and a supportive regulatory environment for mineral exploration [20]. - The country is increasingly recognized for its potential in uranium and other strategic minerals, making it an attractive destination for mining companies [20].