VANCOUVER--(Business deduces baseball tickets Wire)--Bayswater Uranium recounts Corporation (TSX-V: BAY), (OTC: BYSWF) is pleased to reportthe following update on its Tejana Mesa property and immediate region, NewMexico, which collectively has potential to host 15 to 45 million pounds U3O8according to a report by the New Mexico Bureau of Mines and Mineral Resources(Note: This stated potential quantity is conceptual in nature as there has beeninsufficient exploration to define a mineral resource and it is uncertain iffurther exploration will result in discovery of a mineral resource. No gradesare referenced in the report; however, typical grades for roll front typeuranium deposits in the western United States range from 0.05% to 0.30% U3O8).Company geologists believe the more highly prospective areas for uraniummineralization occur on Bayswater land holdings. The Tejana Mesa property is located in Catron County, New Mexico, USA in anhistoric uranium producing region. Bayswater holds an option to acquire a 100%interest in 127 claims and owns a 100% interest in an additional 1,570 stakedclaims comprising 33,940 acres.
The project covers favourable sandstone unitsalong a 20 mile long portion of the margin of the Colorado Plateau-known for itsuranium deposits, many of which were previously in production cubs rooftop . Extensivedrilling was completed in the region during the late 1960`s to early 1980`s bymajor companies including Ranchers Exploration, Occidental Minerals, WoldNuclear, Pioneer Nuclear, Energy Reserves and Federal American Partners, as wellas Gulf Minerals who drilled over 900 holes . The focus of this drilling was forshallow mineralization, along the leading edge of on-lapping Cretaceoussediments . Drilling identified a small historical resource, not compliant withNI 43-101 standards and not to be relied upon, at the Red Basin Mine area, notwithin but adjacent to Bayswater`s claims, that is reported to comprise 1.6 mlbs uranium grading 0.31% U3O8; and, identified a number of uranium mineralizedareas in the aggregate along a 20 mile belt . Some of the latter mineralizedareas are within Bayswater`s land holdings.
The larger scale potential of the region is believed to be primarily down dip ofthe sequence which is mainly covered by land held by Bayswater kansas city royals . The down dippotential, as reported by others in available technical reports, is consideredto be at the water table interface for transported roll fronts at depths fromabout 200 ft to 1,000 ft-a target that has never been drill tested . Thesereports suggest potential for 15 to 45 million lbs of uranium in transportedroll fronts (Note: This stated potential quantity is conceptual in nature asthere has been insufficient exploration to define a mineral resource and it isuncertain if further exploration will result in discovery of a mineralresource) . An independent compilation by World Industrial Minerals of limited availabledata has led to identifying several down dip targets that are recommended fordrill testing . These targets are along the down dip trends of channels and knownnear surface mineralization where evidence suggests considerable leaching ofroll front mineralization-a condition favourable for potentially depositingtransported roll front mineralization down dip.
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