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bayswater uranium corp (BYU) Details

Bayswater Uranium Corporation, a uranium exploration and development company, acquires, and explores for resource properties in Canada and the United States. It owns a 11.09% interest in the Reno Creek project consisting of approximately 21,000 acres located in the Powder River Basin of northeastern Wyoming. The company also has interests in the Collins Bay Extension uranium project comprising 92,000 acres of contiguous land claims located in the eastern extremity of the Athabasca Basin in Canada. Bayswater Uranium Corporation is based in Vancouver, Canada.

bayswater uranium corp (BYU) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: --
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

bayswater uranium corp (BYU) Key Developments

Bayswater Uranium Corp. Auditor Raises 'Going Concern' Doubt

Bayswater Uranium Corp. filed its Annual on Jun 27, 2014 for the period ending Feb 28, 2014. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Bayswater Uranium Corporation Announces Resignation of James Stewart Tendered as its Director

Bayswater Uranium Corporation announced that James Stewart tendered his resignation as a director to the company.

Bayswater Uranium Corp. Receives New Preliminary Feasibility Study for Reno Creek Project

Bayswater Uranium Corp. reported the receipt of a new independent Preliminary Feasibility Study (PFS) for the Reno Creek ISR Uranium Project located in the Powder River Basin of Wyoming (Project). The new PFS was prepared for AUC LLC (AUC), the operator of the project, by TREC Inc. and Tetra Tech and incorporated Measured and Indicated resources of 21.87 million pounds uranium "(U 3 O 8)"estimated by Behre Dolbear in AUC's November 30, 2012 technical report. The new PFS evaluates the technical and economic feasibility of the Project, based on reserves estimated by Tetra Tech. Using the current scientific and engineering information available, the results of the PFS demonstrate both the technical and economic feasibility of the Project. Key Highlights of the Preliminary Feasibility Study: Measured and Indicated Resources of 21.87 million pounds U 3 O 8 at 0.30 %-ft GT cutoff. 20.12 million pounds of Probable Reserves as U 3 O 8. Recoverable Uranium of 14.94 million pounds U 3 O 8. Production Designed for 1.5 million pounds U 3 O 8 per year. Initial Capital Cost: $78.4 million. Cash Operating Costs: $18.84 per pound U 3 O 8. Total Project Costs (pre-tax): $33.87 per pound U 3 O 8. Life of Mine After-Tax Earnings (undiscounted): $359.8 million. 8% of $150 million (after-tax), IRR 32.2% (after tax), Payback 3.2 Years.


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