Super junior uranium company, Bayswater Uranium, is well positioned in emerging uranium boom.
One Canadian junior worth watching is Bayswater Uranium, a uranium exploration company with large, diverse holdings in Canada's most important uranium regions: the Athabasca Basin of Saskatchewan, the Central Mineral Belt of Labrador and the Thelon Basin spanning portions of Nunavut and the Northwest Territories. In addition, Bayswater has applied for up to 2 million acres of prospective uranium ground in Niger, the world's fourth largest uranium producing country (Canada is number one).
Bayswater is unique among its peers, as it's the only Canadian junior to have major holdings--of at least 1 million acres--in each of Canada's most significant uranium regions.
In the Thelon Basin, the company is exploring almost 3.7 million acres, which represents approximately 1/3 of the available land for exploration in the basin. In the world's premier uranium region, the Athabasca Basin, Bayswater has approximately 1.5 million acres covering major fault structures, important geological features for hosting high-grade uranium deposits. In Labrador's Central Mineral Belt, Bayswater has just over 1 million acres in the heart of Canada's new hot spot for uranium. In both the Thelon Basin and the Central Mineral Belt, Bayswater is the largest landholder.
In addition to its outstanding property portfolio, Bayswater has a highly regarded exploration management team with a track record of significant uranium discoveries. Major uranium discoveries that members of the team have participated in include the high-grade Cigar Lake deposit in the Athabasca Basin and Australia's giant Jabiluka deposit. The Cigar Lake and Jabiluka deposits are among the largest unconformity uranium deposits ever discovered.
With a large 2007 exploration budget in excess of $20 million, Bayswater provides investors with excellent exposure to uranium discoveries and the current uranium boom--which is just starting to heat up.
To learn more about Bayswater Resources and uranium investing, www.bayswateruranium.com or call 604-687-2153.
BAYSWATER URANIUM CORP. * TSX-V: BAY
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|Title Annotation:||URANIUM IN THE SPOTLIGHT|
|Date:||Feb 26, 2007|
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