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Bayswater Announces Drill Results from Otis Gold Joint Venture at Kilgore Project Including 55.4 Metres of 6.15 g/t Gold

Vancouver, BC, October 13, 2009 ? Bayswater Uranium Corporation (TSX-V: BAY), (OTC: BYSWF) is pleased to announce results from drilling at the Kilgore gold project in Clark county, Idaho, by joint venture partner Otis Gold Corp ("Otis").  Based on recently obtained additional geochemical assay results, three of the four core holes drilled in November and December 2008 contain significant bulk-tonnage, open-pittable thicknesses and grades, in addition to the high-grade, underground-type intercepts previously reported by Otis on March 2, 2009 and April 7, 2009.  These new bulk-tonnage intervals, which are highlighted in the table below and include 55.4 metres grading 6.15 g/t Au (181.8 ft at 0.180 opt Au) in hole 08 OKC-191, contain mineralized thicknesses and average grades which are substantially greater than those constituting the majority of the intervals comprising the historic Kilgore NI 43-101 compliant resource (Otis March 2, 2009 news release).  These new intervals, all of which will be included in a future resource estimate, could serve to increase the overall size and grade of the Kilgore bulk-tonnage deposit, further enhancing deposit economics.

Hole No.

From (m)

To (m)

Thickness (m)

Au g/t

08 OKC-191

41.8

97.2

55.4

6.15

includes

41.8

43.1

1.3

60.53

 

63.6

65.6

2.0

4.64

 

73.1

81.4

8.3

13.09

 

95.4

97.2

1.8

54.15

 

 

 

 

 

08 OKC-192

28.0

38.7

10.7

1.32

includes

37.2

38.7

1.5

7.71

 

89.0

103.6

14.6

2.27

 

 

 

 

 

08 OKC-193

79.6

134.6

55.0

1.46

includes

79.6

81.9

2.3

8.24

 

128.9

134.6

5.7

3.33

includes

132.0

134.6

2.6

24.18

True widths are estimated to be between 70% and 100% of the drilled interval, based on estimated dip of mineralized horizons (upper and lower mineralized zones), stratigraphy, and triangulation of drill holes. All assay work was performed by ALS Chemex Labs, Vancouver, B.C., which has ISO 9001:2000 certification and operates in compliance with ISO17025. A 50-gram pulp of each sample was analyzed for gold by Fire Assay/AA finish methods. Samples containing greater than 10 grams gold were further analyzed by Fire Assay with gravimetric finish.

Otis is currently conducting a 3,050- to 3,650-meter, HQ3-size core drilling program at Kilgore, with initial assays on the first four holes pending. As soon as these results are received, then selected mineralized samples and intervals will be submitted to an independent third-party geochemical laboratory for check assays as part of the Otis' quality assurance/quality control protocol. Final results will be released to the public upon verification of the check assays.

John R. Carden, PhD, Lic. Geo., a qualified person as defined by National Instrument Policy 43-101, is responsible for the technical information contained in this news release.

In June 2008 Bayswater and Otis entered into a joint venture agreement whereby Otis can earn up to a 75% interest in the Kilgore Gold project, and two additional gold properties, Hai and gold Bug, also located in Idaho.  For the terms of the agreement refer to Bayswater's June 10, 2008 news release.

About Bayswater Uranium Corporation - The Super Junior Uranium CompanyT

Bayswater Uranium Corporation is an international uranium exploration and development company. The Company owns several advanced uranium properties in the United States with significant historical resources that may be amenable to ISR and/or conventional mining. As well, Bayswater is the only uranium company to have major landholdings in each of Canada's most important producing and exploration regions - the Athabasca Basin, the Central Mineral Belt, and the Thelon Basin. Bayswater combines a balanced portfolio of advanced and exploration projects with the uranium expertise of its technical and managerial teams. To capitalize on current market conditions and strong growth of the nuclear industry, the Company is pursuing acquisition opportunities of advanced-stage uranium projects with near-term production potential. Bayswater's vision is to build a major international uranium company. Shares of the Company are listed on the TSX Venture Exchange under the symbol "BAY". For further information visit www.bayswateruranium.com.

On behalf of the Board of:
BAYSWATER URANIUM CORPORATION
George M. Leary
President                     

For further information contact:      
John Gomez
Manager, Investor Relations   
Telephone: (604) 687-2153

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration, development and mining. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. The Company does not undertake to update any forward-looking statements that are incorporated by reference herein, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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