NUNAVUT The assays are back from the North Thelon project belonging to BAYSWATER URANIUM of Vancouver, and the best of them assayed 7.55% U3O8. Three others, taken during the 2007 and 2008 field seasons, were grater than 1% U3O8. The samples define a horizon of feldspathic sandstone-siltstone that is continuous over 40 km on the company's land holdings.
The mineralization came from outcrops and boulders at the company's Itza and Amer West claims. A high priority drill target has been defined at Amer West where 14 samples assayed from 0.124% to 4.32% U3O8. Bayswater says the exploration targets are unconformity-related uranium deposits, similar to the nearby Kiggavik and Andrew Lake deposits, and sediment-hosted uranium deposits, similar to the Oklo and Shinkolobwe deposits of West Africa.
The North Thelon project is centred about 150 km northwest of Baker Lake. Learn more at www.BayswaterUranium.com.
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