Ankündigung • Apr 11

Bayridge Resources Corp. Advances Baker Lake Uranium Project with Completed Data Reinterpretation and Planned 2026 Exploration Program

Bayridge Resources Corp. provided an update on completed data reinterpretation and planned 2026 exploration activities at its 51%-owned Baker Lake Uranium Project (the "Project"), located approximately 65 kilometres southeast of Baker Lake in the Kivalliq Region of Nunavut. The Company has completed a reinterpretation of historic airborne geophysical datasets, resulting in improved target definition and enhanced understanding of structural controls on uranium mineralization across the project. The updated interpretation provides a refined framework for prioritizing targets ahead of the proposed 2026 exploration program. Reinterpretation of historic airborne geophysical data has refined and prioritized uranium targets across the Baker Basin. The original 2008 survey outlined 30 uranium-enhanced targets, now further constrained through integrated analysis. Integrated magnetic, radiometric, and EM review has improved interpretation of structural controls and mineralization trends across the property. Known mineralized occurrences show a consistent relationship with magnetic anomalies and uranium-associated radiometric responses, supporting the broader targeting model. Planned 2026 work is designed to advance priority targets through surface exploration both mapping and prospecting, and up to 3,500 metres of diamond drilling, subject to permitting and results. The reinterpretation of historic geophysical data has materially improved the Company's understanding of the geological and structural framework controlling uranium mineralization at Baker Lake. Planned 2026 field exploration at Baker Lake will focus on refining drill targets through the integration of geophysical and geochemical datasets. The program is expected to include surface exploration, completion of required environmental and archaeological assessments, and refurbishment of a previously disturbed historic exploration outpost to support operations. Bayridge has secured a drilling contractor and is actively advancing planning for the proposed 2026 program. The integration of historical drill-confirmed mineralization at Lucky 7 and KZ, together with additional target definition at Atlas and Andromeda, provides a much stronger foundation for prioritizing follow-up work and future drill testing. The updated model highlights the spatial association between uranium mineralization, magnetic anomalies, and radiometric responses, reinforcing the exploration targeting approach across multiple areas of the property. The planned 2026 field program will focus on advancing priority targets through the integration of geophysical reinterpretation and field-based validation. Key components of the program are expected to include: Surface mapping and prospecting across priority target areas, Completion of environmental and archaeological baseline studies, Refurbishment of a historic exploration outpost to support field operations, Follow-up evaluation of targets identified through geophysical reinterpretation. Subject to permitting and initial results, the Company plans to undertake up to 3,500 metres of helicopter-supported diamond drilling to test priority uranium targets. Bayridge has secured a drilling contractor and is actively advancing planning for the upcoming program. Delta is Bayridge's most advanced target area and includes the Lucky 7, KZ Zone, and KZ Zone SE trends, where historical 2006–2007 drilling by Pacific Ridge confirmed a structurally controlled uranium system. Historical drilling at Lucky 7 returned 17.3 m at 0.30% U3O8 in L7-07-08 and 10.0 m at 0.35% U3O8 in L7-07-10, with mineralization traced to depths of more than 500 metres. Historical drilling at KZ Zone returned 11.5 m at 0.31% U3O8, including 5.5 m at 0.56% U3O8, in KZ-06-02 and 5.2 m at 0.40% U3O8, including 2.0 m at 0.90% U3O8, in KZ-06-04. These historical results confirm bedrock uranium mineralization and support Delta as a priority drill target for 2026. Mineralization has been traced to depths exceeding 500 metres. These findings suggest the presence of a significant uranium-bearing system and support Delta as a priority drill target for the 2026 program. Atlas is a multi-kilometre target corridor defined by airborne geophysics and regional geological mapping, with coincident radiometric and conductive features supporting its uranium potential. Within Atlas, Iris has been identified as a 2026 priority for mapping and prospecting at the junction of a conductive anomaly and the interpreted unconformity. The Andromeda target is a large, underexplored radiometric anomaly with supporting geophysical signatures. Represents a district-scale exploration opportunity. Prioritized for systematic surface work and target refinement in 2026. The Baker Lake Uranium Project comprises 83 contiguous claims covering 619 km² in Nunavut's Kivalliq Region. Exploration has defined a 75-kilometre unconformity corridor hosting multiple uranium targets supported by historical drilling and airborne geophysical surveys. The recent reinterpretation of geophysical data strengthens the Company's target framework and supports a systematic approach to advancing the project toward drill testing. In 2006, Pacific Ridge collected 209 surface samples and 200 drill core samples from the 694, KZ, and Lucky 7 zones. Samples were sealed, bagged, and shipped by air to Activation Laboratories (ActLabs), Ancaster, Ontario, an ISO-accredited facility. Surface samples weighed 3-5 kg; drill core was split into ~1 m intervals (~2.5 kg). QA/QC included blank Kazan arkose and quarter-core duplicates inserted at ~5% frequency. Core was scanned with an Exploranium GR-135 scintillometer prior to sampling. All samples were crushed and pulverized to -150 mesh and analyzed using Fusion XRF and Delayed Neutron Counting (DNC) for uranium, with select fire assay-AA analysis for gold. Thirteen pulp check samples (~7%) were sent to SRC for independent verification. During the 2006-2007 work programs, 29 surface samples and 526 drill core samples were collected from the Lucky 7, Lucky 7 East, Area 8, and KZ zones. Samples were sealed, packed in rice sacks, and shipped by air to ActLabs, an ISO-registered laboratory. Core was split using a manual splitter into 0.5-1.0 m intervals. QA/QC included quarter-core duplicates inserted every ~20 samples (~4%) and blank Kazan arkose inserted every 10-20 samples (~5%). Core was scanned with an Exploranium GR-135 scintillometer prior to sampling. Samples were crushed to -150 mesh and analyzed by Fusion XRF and DNC for uranium, with select fire assay-AA for gold and silver. Thirty pulp check samples (~6%) were analyzed at SRC, returning results within ~5% of ActLabs values. All intervals represent core lengths; true widths are unknown.

Prozentsatz des Geschäftsführergehalts	32.99%
Amtszeit als Geschäftsführer	2.3yrs
Eigentum des Geschäftsführers	n/a
Durchschnittliche Amtszeit des Managements	less than a year
Durchschnittliche Amtszeit der Vorstandsmitglieder	3.5yrs

Name	Position	Amtszeit	Vergütung	Eigentümerschaft
Satvir Dhillon	CEO, President & Director	2.3yrs	US$265.05k	keine Daten
Gurleen Kaur	Interim CFO & Corporate Secretary	less than a year	keine Daten	keine Daten
Mark Richardson	Vice President of Exploration	less than a year	keine Daten	keine Daten

Name	Position	Amtszeit	Vergütung	Eigentümerschaft
Satvir Dhillon	CEO, President & Director	2.3yrs	US$265.05k	keine Daten
Brijender Jassal	Independent Director	3.8yrs	US$9.45k	0.15% $ 3.8k
Gurcharn Deol	Independent Director	3.8yrs	US$143.77k	2.26% $ 56.3k
Trevor Nawalkowski	Independent Director	3.2yrs	US$5.08k	keine Daten

Daten	Zuletzt aktualisiert (UTC-Zeit)
Unternehmensanalyse	2026/07/07 17:05
Aktienkurs zum Tagesende	2026/07/02 00:00
Gewinne	N/A
Jährliche Einnahmen	N/A

Paket	Daten	Zeitrahmen	Beispiel US-Quelle ^*
Finanzdaten des Unternehmens	10 Jahre	Gewinn- und Verlustrechnung Kapitalflussrechnung Bilanz	SEC-Formular 10-K SEC-Formular 10-Q
Konsensschätzungen der Analysten	+3 Jahre	Finanzielle Vorausschau Kursziele der Analysten	Analysten Research Berichte Blue Matrix
Marktpreise	30 Jahre	Aktienkurse Dividenden, Splits und Aktionen	ICE-Marktdaten SEC-Formular S-1
Eigentümerschaft	10 Jahre	Top-Aktionäre Insiderhandel	SEC-Formular 4 SEC-Formular 13D
Verwaltung	10 Jahre	Das Führungsteam Direktorium	SEC-Formular 10-K SEC-Formular DEF 14A
Wichtige Entwicklungen	10 Jahre	Ankündigungen des Unternehmens	SEC-Formular 8-K

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