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Bayridge Resources Corp C.BYRG

Alternate Symbol(s):  BYRRF

Bayridge Resources Corp. is a green energy company advancing its portfolio of Canadian uranium and lithium projects. The 1,337 hectares (ha) Waterbury East project is located 25 kilometers (km) northeast of the Cigar Lake Mine in the northeastern Athabasca Basin region. The Waterbury East Project has over 200 meters of Athabasca sandstone cover overlying the basement rocks of the Wollaston Domain. Geophysical surveys have identified a seven km long conductivity corridor where mid-2000's drilling highlighted faulted and altered basement rock with local uranium enrichment. Large sections of this corridor remain untested. The 11,142 ha Constellation project is located 60 km south of the present-day Athabasca Basin edge in an area of significant exploration activity for basement hosted uranium. The 4,413 ha Sharpe Lake project, located in the Red Lake Mining District of Northern Ontario, hosts peraluminous S-type muscovite bearing pegmatite bearing granites in contact with metasediments.


CSE:BYRG - Post by User

Post by Betteryear2on Mar 26, 2024 6:48am
272 Views
Post# 35952335

Bayridge Signs Agreement to Acquire Interests C.BYRG

Bayridge Signs Agreement to Acquire Interests C.BYRGVancouver, British Columbia--(Newsfile Corp. - March 26, 2024) - Bayridge Resources Corp. (CSE: BYRG) ("Bayridge" or the "Company") is pleased to announce that, further to its press release dated February 14, 2024, it has entered into definitive option agreements (the "Option Agreements") with CanAlaska Uranium Ltd. ("CanAlaska") to allow the Company to earn up to an 80% interest in each of CanAlaska's Waterbury East and Constellation Projects (the "Projects") in the Athabasca Basin, Saskatchewan.

Bayridge Signs Agreement to Acquire Interests in Two Uranium Exploration Properties in the Athabasca Basin (newsfilecorp.com)
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