Bayswater Uranium Corporation reports it has entered into an option agreement with Coltstar Ventures Inc., a capital pool company listed on the TSX Venture Exchange, whereby Coltstar may acquire all of the issued and outstanding shares of Bayswater’s wholly owned subsidiary Tuscany Minerals s.r.l., which holds certain gold mineral properties located in Italy. The acquisition of the option contemplated...
Bayswater Uranium Corporation report that diamond drilling has commenced at the Brudell Lake Project located in the Athabasca Basin of Saskatchewan. Drilling is designed to test high priority uranium targets identified by the Company’s air and ground surveys, one of the largest surveys ever conducted in the Athabasca Basin, that identified five high priority favourable conductive zones each ranging...
Bayswater Uranium Corporation report on a high-grade uranium showing discovered in the Lake Minisinakwa area of the Central Mineral Belt of Labrador. Prospecting has uncovered a series of angular, frost heaved uraniferous boulders that are believed to be near source. The boulders occur along a linear topographic feature which coincides with a magnetic high anomaly, over a minimum strike length of 1.7...
Bayswater Uranium Corporation report that assay results have been received from samples taken from its North Thelon Project in Nunavut, Canada. Uranium mineralization was found in outcrop and boulders at the Company’s Itza and Amer West claim blocks, and the discovery of this mineralization was described in the news release dated July 28, 2008. Sampling of angular boulders and outcrops of strongly...
Bayswater Uranium Corporation is pleased to report that interpretation of ground geophysical surveys has detected strong conductors at the Brudell Lake Project, and that diamond drilling at the Collins Bay Extension Project has defined anomalous uranium concentrations in favourable lithological and structural settings. Brudell Lake Project The Brudell Lake Project is located in the west-central part...
Bayswater Uranium Corporation reports on exploration at its Wisker Valley Uranium Project located on the Baie Verte Peninsula of Newfoundland. During early 2008, Bayswater completed a Phase 1 diamond drill program to test uranium and gold mineralization identified on the property. A total of 1,600 meters of diamond drilling in 12 drill holes tested several targets identified during exploration activities...
Bayswater Uranium Corporation is pleased to report the discovery of uranium at its North Thelon Project in Nunavut, Canada. The uranium mineralization was found in outcrop and boulders at the Company’s Itza claim block. The new discovery was made during follow-up exploration of a radiometric anomaly in the western portion of the Itza property. Uranium mineralization consists of angular boulders...
Bayswater Uranium Corporation is pleased to report that final assays from its 2006 program in the Central Mineral Belt, Labrador have now been received and results include a grab sample from a biotitic shear zone on the Kanairiktok Bay Prospect that assayed 6.9% U3O8 and have confirmed the discovery of two new uranium mineralized radioactive targets-namely Stomach Lake and Stipec River Zone E (see...
Strongbow Exploration Inc. is pleased to report it has been notified by Bayswater Uranium Corporation that a geophysical contractor has completed a fixed wing radiometric and magnetic survey of the companies’ North Thelon uranium project, Nunavut. Although the survey data are still being processed, the information is of sufficient quality to define a number of radiometric anomalies within the...
Strongbow Exploration Inc. is pleased to report it has been notified by Bayswater Ventures Corp. that a fixed wing radiometric and magnetic survey has commenced over the companies’ North Thelon uranium project, Nunavut. The North Thelon project consists of ten prospecting permits in two blocks encompassing 330,794 acres (144,868 hectares) covering a northeasterly trending exposure of basement...