Bayswater Finds New Uranium Occurrences

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Bayswater Finds New Uranium Occurrences

Mon, Nov 2, 2009

Uranium Company News

Bayswater Uranium Corporation reports the results of the 2009 exploration program on its Boiteau Lake uranium property, Central Mineral Belt of Labrador.

The 2009 ground exploration program has confirmed the presence of a large and significant uranium mineralized system characterized by numerous bedrock uranium showings along an extensive structural corridor on the Boiteau Lake Property. During the field program, four new bedrock mineralized zones were located within the gridded portion of a 12 kilometer long favourable structural corridor cutting through the Company’s claims. 54 of 69 samples collected during the 2008/2009 programs have assayed above 0.10 % U₃O₈with the best sample returning a value of 1.48 % U₃O₈ .

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