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Bayridge Resources Announces Commencement of Its Maiden Drill Program at the Constellation Project
Maiden ReMaiden Re(US:MHLD) Newsfileยท2025-07-21 10:00

Core Viewpoint - Bayridge Resources Corp. has announced the commencement of its maiden drill program at the Constellation uranium project, which is fully funded from the existing treasury, indicating a strong commitment to advancing exploration efforts [2][4]. Group 1: Drill Program Details - The drill program will focus on two conductor targets identified from the 2024 VTEM survey: the 5 km Brule Lake conductor (Area B) and the 2.5 km North conductor (Area A) [6]. - The program is budgeted for a minimum of 1,000 meters, with drill holes ranging from 300 to 350 meters in length [6]. Group 2: Prospecting and Mapping Results - In Area A (North Corridor), multiple samples showed elevated uranium concentrations, with a maximum value of 52.5 ppm, correlating with mapped structural trends [7]. - Area B (Brule Lake Conductor) reported the highest uranium concentration from the prospecting program at 488 ppm, with host rocks primarily consisting of psammitic to pelitic gneisses [8]. Group 3: Geological Context - The Constellation property has favorable geology for basement-hosted unconformity-style uranium deposits, with structural lineaments trending NNW and ESE that may act as pathways for hydrothermal activity [13]. - Historical NE-trending conductors on the property remain under-explored and un-drilled, presenting potential targets for future exploration [13]. Group 4: Company Background - Bayridge Resources Corp. is focused on advancing its portfolio of Canadian uranium and lithium projects, including the 1,337 ha Waterbury East project and the 11,142 ha Constellation project [17][18].