Sunday, September 7, 2025

Latest

Blue Sky Uranium Sued By Environmental Activists Over Flagship Project

When it comes to markets, sometimes, things just don’t go your way. After rising quickly in a sudden bull market for uranium, Blue Sky Uranium Corp (TSXV: BSK) appears to have just had the rug pulled out from under it.

After waiting years for a bull market, the company this morning notified the market that just when things were going its way, its become embroiled in a lawsuit. The firm this morning indicated it has received noticed that anti-mining and environmental activists in Argentina, where the company is focused, have taken aim at its flagship asset, the Amarillo Grande project.

The activists have filed a lawsuit before the Supreme Court of the Province of Rio Negro in the country, arguing for environmental protection rights, or Amparo, against the project. The bright side here, is that attempts to halt exploration of the properties via a preliminary request until the final decision was made on the case was denied by a Judge assigned to the matter.

Also included in the lawsuit is the Government of Rio Negro, whom is defending the claim. The company for its part states that it has obtained all relevant permits, and believes that the claims made by the activists are without merit.

In the interim, Blue Sky has stated that it intends to proceed with its planned exploration of the properties, working under the pretense of “business as normal.” The company indicated that it continues to proceed with its ongoing drill program as planned, wherein the firm is currently drilling 4,500 metres in aggregate on its Amarillo Grande Uranium-Vanadium project.

Blue Sky Uranium last traded at $0.355 on the TSX Venture.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Avino Q2 Earnings: Steady As She Goes

MEG Energy: Cenovus Comes In With $7.9 BILLION Offer

Orla Mining Q2 Earnings: Musselwhite Changes Everything

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

House Approves Bill That Boosts US Enriched Uranium Industry

The US government is poised to provide a massive $2.7 billion boost to the domestic...

Thursday, March 7, 2024, 11:00:00 AM

Nuclear Energy Producer Vattenfall Cuts Uranium Purchases From Russia

As the war between Russia and Ukraine gets underway, it appears that supply chains globally...

Thursday, February 24, 2022, 10:06:48 AM

Kazatomprom Ex-CCO Jailed For 4.5 Years Over ₸20.1 Billion Uranium Shortfall

Former Kazatomprom Chief Commercial Officer Askar Batyrbayev was sentenced by an Astana court to 4.5...

Tuesday, May 27, 2025, 11:21:00 AM

Canaccord Initiates Coverage On Uranium Royalty Corp With $1.60 Price Target

This morning Canaccord Genuity’s Katie Lachapelle initiated coverage on Uranium Royalty Corp (TSXV: URC) with...

Tuesday, September 8, 2020, 03:17:18 PM

EnCore Energy Reports US$18.5 Million After-Tax NPV For Tafoya-Marquez Project At $60 U3O8

EnCore Energy Corp. (TSXV: EU) shared today the results of its preliminary economic assessment for...

Thursday, June 24, 2021, 09:01:40 AM