Bayridge Announces Acquisition of 40% Interest in Waterbury East Property
Newsfile·2025-10-01 22:54

Core Points - Bayridge Resources Corp. has acquired a 40% interest in the Waterbury East Property from CanAlaska Uranium Ltd. and will operate it as a joint venture [1][2] - The company has chosen not to exercise its option to acquire a 40% interest in the Constellation Property, thus having no further interest in it [2] Company Overview - Bayridge Resources Corp. is focused on advancing its portfolio of Canadian mineral projects, particularly in the green energy sector [3] - The Waterbury East project spans 1,337 hectares and is located 25 km northeast of the Cigar Lake Mine in the Athabasca Basin [3] - Geophysical surveys have identified a 7 km long conductivity corridor in the Waterbury East project, with previous drilling indicating potential uranium enrichment [3]