Bayswater discovers uranium at North Thelon Basin project

Bayswater Uranium Corporation reports 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.

Victor Tanaka, Chief Operating Officer of Bayswater says:

“The grades of this newly discovered mineralization and drill targets defined to date emphasize the potential of this project to host a shallow open pittable uranium deposit.”  “We are planning on drill testing the Amer West target area in 2009.”

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