SASKATCHEWAN URANIUM
Home to our Waterbury East and Constellation projects and a region of extensive uranium exploration, discovery, and production.
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THE ATHABASCA BASIN OPPORTUNITY
Covering about 100,000 square kilometres (39,000 sq mi) in Saskatchewan and a small portion of Alberta, the surface of the basin consists of main sandstone sediment varying from 100 to 1,000 metres (330 to 3,280 ft) in depth. The uranium ore is mostly found at the base of this sandstone, at the point where it meets the basement.
The first mine in the area was the Rabbit Lake Mine, which was discovered in 1968 by Gulf Mineral Resources and opened in 1975. The most important current mine is Cameco’s McArthur River mine, the world’s largest high-grade uranium mine. Other uranium mines in the Athabasca Basin include the Cigar Lake mine, the Key Lake mine and the McClean Lake mine.
Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on Bayridge’s properties
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WATERBURY EAST PROJECT
PROJECT OVERVIEW
The Waterbury East Project is located in the northeastern Athabasca Basin, 25 kilometres northeast of the Cigar Lake Mine.
The Project has approximately 200 metres of Athabasca sandstone cover overlying the basement rocks of the Wollaston Domain.
The Project consists of 1 mineral claim covering 1,337 hectares.
Waterbury East exploration information below is taken from:
Bayridge cautions investors it has yet to verify this historical exploration data.
NOTE: Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Waterbury East Property.
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
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Source: 2010 Technical Report for the Waterbury Project, NE Saskatchewan by P.Daubeny for Canalaska Uranium Ltd., dated August 2010.
Bayridge cautions investors it has yet to verify this historical exploration data.
NOTE: Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Waterbury East Property.
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
HISTORIC FIELD WORK
Early exploration on the Waterbury East Project consisted of historical regional and project scale ground and airborne geophysical surveys, followed by focused prospecting and boulder sampling programs.
Staking and property-wide airborne geophysical surveys, including GEOTEM and VTEM undertaken in the early 2000’s . The VTEM survey identified a 7 kilometer-long northeasterly-trending conductivity corridor coincident with an AIIP anomaly.
Six drillholes were completed on the conductive corridor, with results highlighted by faulted and altered basement rocks with local uranium enrichment.
Off property to the south, an AIIP anomaly of similar style and intensity is present on the Dawn Lake project that contains mineralized historical drillhole Q11A-006, which contains 7.2 metres @ 1.86% eU3O8 from 213.5 metres.
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Source: 2006 Drilling and Geophysics Report On Waterbury project Saskatchewan, by A.H. Alizadeh, S.B.Lopatka and K. Schimann for Canalaska Uranium Ltd. dated December 2006
Bayridge cautions investors it has yet to verify this historical exploration data.
NOTE: Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Waterbury East Property.
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
DRILLING
Historically, two drill programs have been conducted during the winters of 2006 and 2007 respectively.
As expected for this portion of the Athabasca Basin, the drill holes intersected members “C” and “B” of the Manitou Falls Formation; the latter being marked by the first appearance of conglomerate generally 30 to 40 metres below surface.
Unconformity elevations ranged between 265.9 and 279 metres above sea level, numbers that are not indicative of any major offsets in the unconformity in the area between the drill holes.
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Basal sandstone uranium and thorium enrichments in drill holes WAT-001 to WAT-006.
Source: 2007 Diamond Drilling Report on Waterbury Project, North Block 2 Saskatchewan, Canada, by S.B.Lopatka and A.H.Alizadeh for Canalaska Uranium Ltd. and Northwestern Mineral Ventures Inc. dated April 2007
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
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Bayridge cautions investors it has yet to verify this historical exploration data.
CONSTELLATION PROJECT
PROJECT OVERVIEW
The Constellation Project is located in the southeastern Athabasca Basin, 60 kilometres south of the present-day Athabasca Basin edge and the Key Lake Mine and Mill complex along Highway 914.
The Project consists of 13 mineral claims for a total of 11,142 hectares.
Constellation exploration information below is taken from:
Bayridge cautions investors it has yet to verify this historical exploration data.
NOTE: Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Constellation Property.
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
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Source: Constellation Property Summary Athabasca Basin Saskatchewan, Canada Report # CNT2023-01 by N. Bridge and K. Schimann for Canalaska Uranium Ltd., dated June 2023.
Bayridge cautions investors it has yet to verify this historical exploration data.
NOTE: Mineralization hosted on adjacent or nearby properties is not necessarily indicative of mineralization hosted on the Constellation Property
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
HISTORIC FIELD WORK
Historical exploration on the Constellation Project consists of prospecting and geological mapping that were completed in conjunction with airborne radiometric, electromagnetic, and magnetic surveys. These historical surveys identified electromagnetic conductors associated with magnetic lows that flank magnetic highs, which is an analogous geological framework for Athabasca style uranium deposits.
These geophysical surveys were followed by geological mapping and wide-spaced prospecting programs both on property and along trend to the south. Prospecting along trend identified outcrop-hosted high-grade uranium mineralization in Getty-Minerals Zones 2-6 and 2-3, located approximately 10 kilometres from the Project boundary. These showings returned uranium mineralization from grab samples in outcrop grading 2.787% U3O8 and 4.60% U3O8. The mineralized magnetic low corridor along which the Getty-Minerals Zones are hosted trends onto the Constellation Project.
In the early 2000’s, geological mapping and geochemical sampling on the Project confirmed the magnetic high is a central core of Archean gneiss which is flanked by graphitic metasediments. In addition, structural lineaments in the magnetic lows were interpreted, and may represent large scale faulting. In total, the Constellation Project contains over 18sq kilometres of untested prospective target area.
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Source: Geological Evaluation Report on Haultain River Property, Saskatchewan, Canada by Wollex Exploration Ltd. for Getty Minerals Company, Limited dated November 1976 & 1977
Bayridge cautions investors it has yet to verify this historical exploration data.
QUALIFIED PERSON (QP): The technical content of the website has been reviewed and approved by R. Tim Henneberry, P.Geo (BC), an advisor to the Company and a Qualified Person under National Instrument 43-101.
ONTARIO LITHIUM
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