Blue Sky Uranium CEO Niko Cacos Reveals What Makes His Company One of the Most Exciting Uranium Plays Worldwide
We couldn’t be more excited about today’s interview with Mr. Niko Cacos, the President and CEO of Blue Sky Uranium Corp. (TSXV:BSK – $0.15 & OTC:BKUCF – $0.12 & Frankfurt:MAL2 – €0.09), as this undiscovered gem is sitting on a giant uranium deposit in southern Argentina.
Mr. Cacos first extensively talks about the Company’s flagship project Amarillo Grande. The 250,000 hectares (~620,000 acres) property, which has close access to transport infrastructure, already has a maiden resource of 19 million pounds of uranium. What makes it even more interesting is that this resource is based on only a fraction of the property, and that mineralization occurs along a 145 km (90 miles) long trend.
Mr. Cacos explains that this is an ideal time for the Amarillo Grande project, as the uranium price has gone up as much as 40% in 2018. He also shares his interesting views on the future of the atomic fuel’s price. Moreover, next to uranium the property has a high vanadium content, making it even more valuable. Vanadium is a “hot” commodity for its potential use in energy storage batteries.
The CEO furthermore provides details about the fact that the ore at Amarillo Grande is located near-surface, meaning that this could become one of the lowest cost producers in the world. The Company aims to release its initial Preliminary Economic Assessment (PEA) for the property later this year.
Blue Sky Uranium’s management team is also introduced, and we find out about the strong insider shareholder base of the Company.
Access our interview by clicking the play button on the media player below.
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