Mr. Saf Dhillon reports
BAYRIDGE RESOURCES PROVIDES OVERVIEW OF 2026 EXPLORATION PROGRAM
Bayridge Resources Corp. has provided an overview of its planned 2026 exploration program at the Baker Lake uranium project, located in Nunavut's Kivalliq region. The planned program is designed to advance multiple priority uranium targets identified through historical exploration and modern airborne geophysical data sets.
The Baker Lake uranium project comprises a large, underexplored land package within the Thelon-Baker basin, a region widely regarded as a geological analogue to Saskatchewan's Athabasca basin. Uranium mineralization is hosted within Kazan formation sandstones and structurally prepared corridors, comparable with those controlling mineralization at the Angilak deposit. Basin-scale fluid pathways and structural controls are interpreted to have played a key role in localizing uranium mineralization within the district (Latitude Uranium Inc. and Atha Energy Corp., 2023, and Miller, 2009).
Highlights:
- The Baker Lake uranium project is an advanced uranium project located in the Kivalliq region of Nunavut located within the same Paleoproterozoic uranium district that hosts Atha's Angilak and Orano's Kiggavik deposits;
- The project consists of 83 contiguous claims covering 619 square kilometres;
- 60 kilometres south from the town of Baker Lake;
- $7-million in modern exploration value already completed;
- Strong geological parallels to Athas Angilak uranium camp;
- 2008 Tempest survey defined 30 high-priority uranium targets;
- Historical drilling returned multiple significant uranium intercepts;
- 20 uranium prospects outlined along 70 kilometres of the Baker basin unconformity;
- Unexplored high-priority drill targets remain along untested EM (electromagnetic) conductors.
Exploration strategy
The company's exploration approach is focused on disciplined, phased advancement of targets, prioritizing areas with coincident structural complexity, conductive trends and elevated uranium responses. Planned work will emphasize refining targets and reducing geological risk ahead of drilling.
Key elements of the planned exploration program include the following.
Program highlights:
- Desktop review of all available historical exploration data;
- Reinterpretation of 2008 Tempest airborne geophysical survey;
- Commencement of detailed geological mapping and prospecting over underexplored portions of the project area;
- Resampling of historical surface showings and priority targets;
- Relogging of selected historic drill core to refine lithological, alteration and structural interpretations;
- Advancement of logistics in preparation for a first-phase diamond drilling program;
- Drilling program: Subject to permitting and early-stage results, an approximately 3,000-metre helicopter-supported diamond drill program is planned to test priority uranium targets identified through historical data review and modern reinterpretation.
Mark Richardson, PGeo, vice-president of exploration, is the qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this release.
About Bayridge Resources Corp.
Bayridge Resources is a green energy company advancing a portfolio of Canadian uranium projects. Its flagship Baker Lake uranium project (51-per-cent interest) comprises 83 contiguous claims covering 619 square kilometres in Nunavut's Kivalliq region. Exploration has outlined a 75-kilometre unconformity with multiple uranium targets supported by modern airborne geophysics and drilling.
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