Bayridge Resources Announces Completion of Waterbury East and Constellation VTEM Surveys
Bayridge Resources Announces Completion of Waterbury East and Constellation VTEM Surveys
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - Bayridge Resources Corp. (CSE: BYRG) (OTC Pink: BYRRF) (FSE: O0K) ("Bayridge" or the "Company") is pleased to announce the completion of the helicopter supported airborne VTEM surveys on its 1,337 ha Waterbury East and on its 11,142 ha Constellation uranium projects in Canada's Athabasca Basin region.
溫哥華,不列顛哥倫比亞省--(新聞資料公司 - 2024年5月29日) - Bayridge資源公司(CSE:BYRG)(OTC粉紅:BYRRF)(FSE:O0K) ("Bayridge"或"公司很高興宣佈,位於加拿大Athabasca盆地地域板塊的1,337公頃Waterbury East和11,142公頃Constellation鈾礦項目的直升機支持下的VTEm調查已完成。
Geotech Ltd. completed 133 line-km along 100 m spaced lines at Waterbury East and a further 638 line-km along 200 m spaced lines at Constellation. The Company expects to receive preliminary data sets shortly and will forward them to in3D Geoscience Inc. for interpretation.
Geotech Ltd.在Waterbury East完成了133公里長、10000萬間隔線,而在Constellation完成了638公里長、20000萬間隔線的調查。公司預計將很快收到初步數據並將轉發給in3D Geoscience,以便其進行解釋。
"Now that the surveys have been flown, we await the data so in3D Geoscience can begin their interpretation," commented President & CEO, Saf Dhillon. "Bayridge expects to further define drill targets for its upcoming drill program at Waterbury East and expects to initiate prospecting surveys to ground truth VTEM anomalies to generate targets at Constellation," he continued.
"現在調查已經完成,我們正在等待數據,以便in3D Geoscience開始解釋,"總裁兼首席執行官Saf Dhillon評論稱:"Bayridge期望進一步定義其在Waterbury East即將來臨的鑽探計劃中的鑽探目標,並期望啓動勘探調查,以驗證Constellation的VTEm異常並生成目標。
The Waterbury East project is underlain by geology favourable to hosting both unconformity-hosted and basement-hosted uranium deposits. These deposits are typically associated with graphitic metasediments and structural zones that exhibit strong EM conductor responses. Historical airborne EM surveys have defined an ENE-striking conductor across the property, with a depth to unconformity of ~200m. Most of the uranium discoveries in the Athabasca Basin are concentrated along the unconformity edge, where the sedimentary cover is the thinnest (<300m).
Waterbury East項目是基岩和不整合型鈾礦牀兩者都有利於構建基牆的地質板塊。這些沉積物型岩石通常與石墨質變質岩和表現出強Em導體響應的構造帶有關。歷史上的航空Em調查在全產權範圍內定義了一個ENE方向的導體,其與未錯位的深度約爲20000萬。Athabasca盆地大多數鈾礦牀的發現集中在未整合面邊緣,沉積物覆蓋度最薄(
In 2006, CanAlaska reported encouraging results from an initial drill program, with an intersection of 17.0 m of anomalous basement-hosted uranium mineralization, containing a highight value of 324 ppm U over 0.6 m in a structurally controlled zone. Interpreted geophysical magnetic lineaments suggest additional structures occur in the basement.
2006年,CanAlaska對其進行了一項初步鑽探項目的鼓舞人心的結果,發現有包含高值324 ppm U在60萬區間的1800萬異常基牆型鈾礦化控制區域。通過解釋地球物理磁線走向,預示着基牆還存在其他構造。
The 2024 VTEM survey on Waterbury East is designed to better delineate the historically-defined ENE-trending conductor across the property in higher spatial resolution. The results from the VTEM survey will assist in defining exploration targets for 2024 Q2 drilling.
Waterbury East的2024年VTEm調查旨在以更高的空間分辨率更好地勾勒出歷史上定義的ENE趨勢導體。VTEm調查結果將有助於確定2024年第二季度的勘探目標。
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.
星座物業地質條件有利於跨層斑岩底部型鈾礦物存儲。區域地質和磁性學定義了NNW和ESE走向的構造線ament,這可能代表了基底花崗岩中的結構引線和在物業上已被測定的石墨質變質岩石之間的成因作用通道。這些構造帶通常作爲熱水活動的通道。空前的NE走向的導體也被勾勒在物業上,但是未被開發和沒有鑽探。強的EM導體是與勻層和基底巖型鈾礦牀有關的證明目標,包括Athabasca盆地及周圍地區。
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:
Constellation Property上的2024年VTEm調查將有助於勾勒出石墨和/或水熱交代帶的位置和趨勢。VTEm調查結果將確定未來的勘探目標,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.
- 可能代表受斷層控制的石墨區的分散的導電異常;以及
- 斷層帶和/或其他可能控制鈾礦成礦路徑的結構。
Bayridge is earning up to an 80% interest in Waterbury East through a series of cash payments, share issuances and exploration expenditures over the next 4 years. Waterbury East is located 25 km northeast of the Cigar Lake Mine, 15 km south of Points North and is accessible from the Cigar Lake winter road.
Bayridge在未來的4年內通過一系列現金付款、股份發行和勘探支出獲得Waterbury East的最高80%權益。Waterbury East位於Cigar Lake Mine東北25公里, Point North南15公里, 從Cigar Lake winter road可達。
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.
Bayridge通過一系列現金支付、股份發行和勘探支出,將在未來4年內獲得對Constellation高達80%的權益。Constellation位於Key Lake Mine的西南60公里處,可以通過直升機或水上飛機進入,具有從914公路獲得冬季通行的潛力。
R. Tim Henneberry, P.Geo. (BC) and a consultant 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)並擔任公司顧問,是《43-101國家儀器》下審閱並批准本聲明技術內容的有資格人員。
*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.
*請注意,NexGen's Energy Ltd.附近的礦化和Key Lake Mine不代表Constellation項目的礦化情況。
About Bayridge Resources Corp.
關於Bayridge資源公司。
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.是一家推進其加拿大鈾和鋰礦項目組合的綠色能源公司。位於 Athabasca盆地東北部地區Cigar Lake Mine以東25公里的1337公頃Waterbury East項目,地球物理調查顯示了7公里長的電性走向,在2000年代中期的鑽探中,赤紅色基岩的故障和改變被突出顯示,局部含有鈾。這一走向的許多地區仍未經過測試。11142公頃的Constellation項目位於現今Athabasca盆地邊緣以南60公里處,是地下宿主鈾礦勘探活動顯著的區域。歷史上的空中放射性、電磁和磁性調查顯示了與磁性低點相關的電磁導體。位於安大略省紅湖礦區的4,413公頃Sharp Lake項目,具有與變質岩層接觸的富士安長石含鉀脈岩,初步的採樣結果突顯了異常的稀土元素值,可能表明有鋰礦化物。
For more information, please contact:
更多信息,請聯繫:
Saf Dhillon, President & Chief Executive Officer
E-mail: saf@bayridgeresources.com
Tel: 604-484-3031
Saf Dhillon,總裁兼首席執行官
電子郵件:saf@bayridgeresources.com
電話: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..
本新聞稿中的某些聲明是前瞻性聲明,反映了管理層對Geotech的參與,Geotech的服務的範圍和時間以及公司在星座項目的勘查計劃的期望。前瞻性聲明包括任何關於未來的信仰、計劃、期望或意圖的聲明。此類聲明因可能導致實際結果、績效或開發與陳述不同的風險和不確定性而受到風險和不確定性的影響。如果前瞻性聲明預期中的任何事件發生或他們發生,但公司將從中獲得什麼好處將無法保證。除非適用於公司的證券披露法律法規,否則如果管理層的信仰、估計或意見或其他因素髮生變化,公司不承擔更新此類前瞻性聲明的責任。.
The CSE has not reviewed, approved, or disapproved the contents of this press release.
CSE未能審核、批准或駁回本新聞稿的內容。