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    Bayswater confirms discovery of strong uranium targets

    Melissa Pistilli
    Aug. 05, 2008 07:22AM PST
    Resource Investing News

    Bayswater Uranium reports the discovery of strong uranium targets at Brudell Lake project in Athabasca Basin. Three of the strongest resistivity anomalies were followed-up by a detailed ground MT (magnetotelluric) survey that was completed this past winter. The results of the magnetotelluric survey confirm the presence of zones of strongly conductive material at and beneath the unconformity spatially …

    Bayswater Uranium reports the discovery of strong uranium targets at Brudell Lake project in Athabasca Basin.

    Three of the strongest resistivity anomalies were followed-up by a detailed ground MT (magnetotelluric) survey that was completed this past winter. The results of the magnetotelluric survey confirm the presence of zones of strongly conductive material at and beneath the unconformity spatially associated with major magnetically inferred basement fault structures. These zones likely represent graphitic metasediments which are in most cases spatially associated with and often form, at least in part, the host rocks for unconformity related uranium deposits in the Athabasca Basin.

    Chief Operating Officer of Bayswater Uranium, Victor Tanaka says:

    “The intensity of these MT anomalies is remarkable.” “The only reasonable explanation of these anomalies is graphite bearing metasediments. This certainly upgrades the potential of this project to host unconformity related uranium deposits.”

    For full details of this press release, click this link. Uranium Investing News researchers discovered Bayswater Uranium’s Brudell Lake project described on their website. Follow developments in uranium mining and exploration for free. Sign on to the Uranium Investing Newsletter.

     

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