| Risk and valuation analysis of the NORTH THELON Project |
| Status Risk : Green exploration |
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| Location of the NORTH THELON Project |
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North Thelon project is located on the North Thelon region of Nunavut, Canada. Bayswater has interests in over 1.6 million acres of land in the North Thelon region of Nunavut.
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| History of the NORTH THELON Project |
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The North Thelon region hosts Areva's Kiggavik, Andrew Lake and END deposits (known as the Kiggavik Trend) with an aggregate reported resource of approximately 131 million pounds of contained U3O8.
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| Geology of the NORTH THELON Project |
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The basement rocks to the sandstones of the northern part of the Thelon Basin include the "Amer Group". This group of rocks includes metamorphosed sediments with some graphite and iron rich units, a combination which is favourable for the formation of unconformity-type uranium deposits.
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