Press Release
Vancouver, British Columbia – (May 27th, 2026) – Bayridge Resources Corp. (CSE: BYRG) (OTCQB: BYRRF) (FSE: O0K0) (“Bayridge” or the “Company”) is pleased to announce that the Nunavut Impact Review Board (“NIRB”) has completed the screening process for the Company’s proposed Baker Basin Uranium Project (the “Project”) located in the Kivalliq Region of Nunavut.
NIRB determined that a review of the Project is not required, subject to specific terms and conditions under the Nunavut Planning and Project Assessment Act (“NuPPAA”). The decision follows completion of NIRB’s screening process for the proposed exploration program in the Kivalliq Region of Nunavut. Relevant regulatory agencies and stakeholders, including Crown-Indigenous Relations and Northern Affairs Canada (“CIRNAC”), Kivalliq Inuit Association (“KIA”), and the Nunavut Water Board participated in the review and consultation process.
“This represents a significant milestone for Bayridge and the advancement of the Baker Basin Uranium Project,” stated Mark Richardson, Vice President Exploration of Bayridge Resources Corp. “The completion of the NIRB screening process validates the Company’s commitment to responsible exploration, proactive stakeholder engagement, and environmentally conscious project planning in Nunavut.”
Looking Ahead to 2026
Building on the successful completion of both major regulatory milestones, including the Nunavut Planning Commission (“NPC”) conformity determination and the NIRB screening process, Bayridge plans to advance the Baker Basin Uranium Project through a helicopter-supported 2026 exploration program focused on geological mapping, prospecting, ground-based radiometric surveys, geophysical surveys, and targeted diamond drilling designed to evaluate priority uranium targets identified through historical exploration and recent reinterpretation of airborne geophysical datasets.
National Instrument 43-101 Disclosure
The scientific and technical information contained in this news release has been reviewed and approved by Mark Richardson, P.Geo., Vice President Exploration for Bayridge Resources Corp., and a Qualified Person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
About Bayridge Resources Corp.
Bayridge Resources Corp. is a green energy exploration company advancing a portfolio of Canadian uranium projects.
The Company’s 51%-owned Baker Lake Uranium Project comprises 83 contiguous claims covering approximately 619 km² in the Kivalliq Region of Nunavut. Exploration has defined a 75-kilometre unconformity corridor hosting multiple uranium targets, supported by historical drilling and modern airborne geophysical surveys.
Bayridge has also earned a 40% interest in the Waterbury East Project, located approximately 25 kilometres northeast of the Cigar Lake Mine in the northeastern Athabasca Basin. Geophysical surveys have identified a 7-kilometre conductivity corridor, where historical drilling from the mid-2000s intersected faulted and altered basement rocks with localized uranium enrichment. Significant portions of this corridor remain untested.
ON BEHALF OF THE BOARD OF DIRECTORS,
Saf Dhillon
President & CEO
Bayridge Resources Corp.
saf@bayridgeresources.com
Tel. (604-484-3031)
Suite 550, 800 West Pender Street
Vancouver, British Columbia
V6C 2V6
IBF5
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