Bayridge Resources Engages Geotech for VTEM Survey at Constellation Project
Bayridge Resources Engages Geotech for VTEM Survey at Constellation Project
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2024) - Bayridge Resources Corp. (CSE: BYRG) (OTC Pink: BYRRF) (FSE: O0K) ("Bayridge" or the "Company") is pleased to announce the engagement of Geotech Ltd. to undertake a helicopter supported VTEM survey on its 11,142 ha Constellation uranium project in Canada's Athabasca Basin region.
不列颠哥伦比亚省温哥华--(Newsfile Corp.-2024 年 5 月 14 日)- Bayridge Resources Corp.(CSE:BYRG)(场外交易代码:BYRRF)(FSE:O0K) (”拜里奇“或者”公司“)很高兴地宣布,Geotech Ltd.聘请Geotech Ltd.对其位于加拿大阿萨巴斯卡盆地地区的11,142公顷的Constellation铀项目进行直升机支持的VTEM调查。
"This will be the first modern VTEM survey ever flown at Constellation," commented President & CEO, Saf Dhillon. "The GeoTech survey is designed to delineate and define basement-hosted uranium targets across the large property. Recent basement-hosted uranium success by NexGen Energy Ltd. well to the south of the sedimentary cover has generated considerable excitement and activity in the area, which should bode well for additional new discoveries," he continued.
总裁兼首席执行官萨夫·迪隆评论说:“这将是Constellation有史以来首次进行现代VTEM调查。”“GeoTech调查旨在划定和定义大型物业中地下室托管的铀目标。他继续说道,NexGen Energy Ltd.最近在沉积层以南成功地建立了地下室的铀矿,这在该地区引起了极大的兴奋和活动,这对于更多的新发现来说应该是个好兆头。”
The Constellation property has favourable geology for basement-hosted unconformity-style uranium deposits. The regional geology and magnetics have defined structural lineaments trending NNW and ESE, which could represent structural conduits between the Archean granite inlier and graphitic metasediments that have been mapped on the property. These types of structural zones typically act as pathways for hydrothermal activity. Historical NE-trending conductors have also been outlined on the property, but are under-explored and un-drilled. Strong EM conductors are proven targets associated with unconformity and basement-hosted uranium mineralization in and around the Athabasca Basin.
Constellation地产具有有利的地质条件,适合地下室的非整合型铀矿床。区域地质学和磁学已经定义了走向NNW和ESE的结构线条,这些线条可能代表太古代花岗岩内层和已在该地质上绘制的石墨变沉积物之间的结构管道。这些类型的结构区域通常充当热液活动的路径。该物业还概述了历史上新兴趋势的导体,但尚未得到充分探索和钻探。事实证明,强电磁导体是与阿萨巴斯卡盆地及其周边地区不整合和地下室的铀矿化相关的靶标。
The 2024 VTEM survey on the Constellation Property will assist in delineating the location and trend of graphitic and/or hydrothermally altered zones. The results from the VTEM survey will define future exploration targets such as:
2024 年 VTEM 对星座地产的调查将有助于描绘石墨岩和/或水热变化区域的位置和趋势。VTEM调查的结果将定义未来的勘探目标,例如:
- Discrete conductive anomalies that could represent fault-controlled graphitic zones; and
- Fault zones and/or other structures that could control the pathways for uranium mineralization.
- 可能代表故障控制石墨区的离散导电异常;以及
- 断层带和/或其他可以控制铀矿化路径的结构。
Bayridge is earning up to an 80% interest in Constellation through a series of cash payments, share issuances and exploration expenditures over the next 4 years. Constellation is located 60 km southwest of the Key Lake Mine, and is accessible via helicopter or float plane, with potential winter road access from Highway 914.
在未来四年中,Bayridge将通过一系列现金支付、股票发行和勘探支出获得Constellation高达80%的权益。Constellation 位于 Key Lake 矿西南 60 公里处,可通过直升机或水上飞机到达,可能从 914 号高速公路进入冬季道路。
R. Tim Henneberry, P.Geo. (BC) and a Consultant and Advisor to the Company, is the Qualified Person under National Instrument 43-101 who has reviewed and approved the technical content of this release.
R. Tim Henneberry,P.Geo。(BC) 也是公司的顾问和顾问,是National Instrument 43-101规定的合格人员,他已审查并批准了本版本的技术内容。
*Readers are cautioned that mineralization at NexGen's Energy Ltd.'s nearby property and the Key Lake Mine is not indicative of mineralization at the Constellation property.
*提醒读者,NexGen's Energy Ltd的矿化情况。”附近的地产和基湖矿并不表示Constellation地产有矿化迹象。
About Bayridge Resources Corp.
关于Bayridge资源公司
Bayridge Resources Corp. is a green energy company advancing its portfolio of Canadian uranium and lithium projects. The 1,337 ha Waterbury East project is located 25 km northeast of the Cigar Lake Mine in the northeastern Athabasca Basin region. Geophysical surveys have identified a 7km 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. Historic airborne radiometric, electromagnetic, and magnetic surveys identified electromagnetic conductors associated with magnetic lows. The 4,413 ha Sharp 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. Preliminary sampling has highlighted anomalous rare-element values, potentially indicative of lithium mineralization.
Bayridge Resources Corp. 是一家绿色能源公司,正在推进其加拿大铀和锂项目组合。占地1,337公顷的沃特伯里东部项目位于阿萨巴斯卡盆地东北部雪茄湖矿东北25公里处。地球物理调查发现了一条7公里长的电导走廊,2000年中期的钻探突出显示了通过局部铀浓缩进行断层和变化的基底岩石。这条走廊的大部分路段仍未经过测试。占地11,142公顷的Constellation项目位于现在的阿萨巴斯卡盆地边缘以南60公里处,该地区正在进行大量的基底储存铀勘探活动。历史性的航空辐射、电磁和磁场调查发现了与低磁相关的电磁导体。占地4,413公顷的夏普湖项目位于安大略省北部的红湖矿区,拥有与变沉积物接触的含有伟晶岩的含花岗岩的过铝S型白云母。初步抽样显示了异常的稀有元素值,这可能表明锂矿化。
For more information, please contact:
欲了解更多信息,请联系:
Saf Dhillon, President & Chief Executive Officer
E-mail: saf@bayridgeresources.com
Tel: 604-484-3031
Saf Dhillon,总裁兼首席执行官
电子邮件:saf@bayridgeresources.com
电话:604-484-3031
Forward-looking information
前瞻性信息
Certain statements in this news release are forward-looking statements, which reflect the expectations of management regarding Geotech's engagement, the scope and timing of Geotech's services and the Company's exploration plans at Constellation. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change.
本新闻稿中的某些陈述是前瞻性陈述,反映了管理层对Geotech的参与、Geotech服务的范围和时间以及公司在Constellation的勘探计划的期望。前瞻性陈述由不纯粹的历史陈述组成,包括任何有关未来的信念、计划、期望或意图的陈述。此类陈述存在风险和不确定性,可能导致实际结果、业绩或发展与声明中包含的结果存在重大差异。无法保证前瞻性陈述所预期的任何事件都会发生,也无法保证如果发生的话,公司将从中获得什么好处。除非适用于公司的证券披露法律法规要求,否则如果管理层的信念、估计或观点或其他因素发生变化,公司没有义务更新这些前瞻性陈述。
The CSE has not reviewed, approved, or disapproved the contents of this press release.
CSE尚未审查、批准或不批准本新闻稿的内容。