Bayswater reports potential for up to 45 million lbs U3O8

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Mon, Jun 29, 2009
Uranium Company News
Post by Melissa Pistilli, Uranium Reporter

Bayswater Uranium Corporation reports an update on its Tejana Mesa property and immediate region; which  has potential to host 15 to 45 million pounds U3O8.

 The Tejana Mesa property is located in Catron County, New Mexico, USA in an historic uranium producing region. Bayswater holds an option to acquire a 100% interest in 127 claims and owns a 100% interest in an additional 1,570 staked claims comprising 33,940 acres. The project covers favourable sandstone units along a 20 mile long portion of the margin of the Colorado Plateau—known for its uranium deposits, many of which were previously in production.

Bayswater Uranium’s President, George Leary states:

“Bayswater is seeking a partner in order to evaluate the Tejana Mesa property. This would enable us to continue to explore and advance our core, advanced-stage projects in the US while at the same time advancing one of our most interesting early-stage projects.”  “In addition, the Company is seeking partners to advance early-stage drill targets on its Brudell Lake and Collins Bay Extension projects in the Athabasca Basin; North Thelon project in Nunavut; and on its Labrador Central Mineral Belt holdings. To further the main focus of the Company on acquiring advance-stage uranium projects in the US, we’re also evaluating several exciting acquisition opportunities that would add to our asset base and fuel our growth.”

For full details of this press release, click this link.

To view Bayswater Uranium’s company profile, click here.

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