April 18, 2007 Reported that a VTEM geophysical surveys commenced in the central internal portion of the South Thelon basin in areas not flown last year with MegaTEM.
April 12, 2007 Airborne geophysical surveys flown in 2006 over Bayswater Uranium's properties in the Thelon basin, Nunavut/Northwest Territories have revealed a number of circular magnetic features that are interpreted to represent possible clusters of kimberlite pipes.
March 7, 2007 Announced that 5 additional claims comprising approximately 12,000 acres have been staked in the
South Thelon basin. VTEM surveying is planned to commence on these claims at the beginning of April in order to evaluate this structure for conductive zones favourable for high-grade, Athabasca-type unconformity uranium deposits.