Bayswater Intersects 9.5% Zinc & 3.3% Lead over 1.8 m in Drill Hole at Avoca, Ireland

VANCOUVER--(Business Wire)--
Bayswater Uranium Corporation (TSX-V: BAY) (OTC: BYSWF) is pleased to present an
update of its Avoca project.

The Avoca project consists of approximately 7,300 hectares of land prospective
for base metals in southeastern Ireland, and is 100% owned by Bayswater Uranium.
The property was once a significant copper producer with historical production
estimated at 12 million tonnes of ore averaging 0.75% copper. The Avoca deposit
is considered to be a typical volcanogenic massive sulphide (VMS) deposit that
contains a copper rich core and marginal zinc and lead rich zones with
significant gold and silver credits. At West Avoca, a historical resource
estimate of 6 million tonnes averaging 5.3% Zn and 1.9% Pb (non NI 43-101
compliant) was interpreted by Noranda Exploration to remain accessible through
existing flooded underground workings down to a depth of 250 metres (m). The
Kilmacco Zone in East Avoca has excellent potential for additional resources of
near surface zinc-lead-silver-gold mineralization. The currently defined
mineralized horizon of the Kilmacco zone extends over a 2 kilometre (km) strike
length and has been drilled to less than 100 metres in most cases. Drilling by
prior operators at Kilmacco in the 1980's returned several positive drill
intersections including 10.1% Zn, 5.7% Pb, 0.48% Cu, 284 g/T Ag and 4.52 g/T Au
over 8.3 m. Model analogues in eastern Canada suggest a potential for a large
mineralized massive sulphide system at depth, down plunge to the southwest from
the central copper-rich zone and adjacent zinc-lead-rich extensions.

As reported in a news release dated September 6, 2006, Bayswater completed 42.4
line km of deep penetrating IP surveys which delineated anomalous chargeability
anomalies to depths of over 900 m in 5 grids surveyed along the 6 km mineralized
Avoca trend. A 1,193 m diamond drilling program, consisting of two holes, was
carried out in late 2008 to evaluate two of these anomalies. These holes
encountered encouraging widespread alteration and sulphide mineralization in
favourable felsic volcanic rocks, including occasional thin layers of massive
pyrite and wide zones of quartz-pyrite stringers, both with associated lead-zinc
mineralization in a close spatial relationship with geophysical targets, but
failed to intersect significant (i.e. >20m) thick massive base metal sulphide
zones.

The best intercept was found in an inclined drill hole (KIL-1) in the Kilmacco
zone which assayed 9.5% Zinc and 3.3% lead over 1.8 m. This intercept was
encountered at about 125 m in the inclined drill hole and occurs above two deep
chargeability anomalous zones and subparallel to the shallow known mineralized
zones at Kilmacco. This is a new zone that requires further drilling to evaluate
its continuity and potential-particularly any connection it may have with the
deep chargeability anomalies. The hole also intersected a zone of disseminated
and locally massive pyrite with locally associated copper mineralization between
about 281 m and the bottom of the hole at 567.5 m. This sulphide mineralized
intersection lies vertically between the projection of the shallow Kilmacco
zones and one of the two deep IP anomalies. The main deep IP anomaly that occurs
along the projection of the Kilmacco zones and the subjacent one, as referred to
above, remain untested.

The second hole (TC-1) was designed to test a significant chargeability anomaly
at depth beneath the Tigroney-Cronbane open pit mined copper zone. However, this
hole was found to significantly deviate from its projected target and as a
result this strong IP anomaly remains untested. Other subparallel deep IP
anomalies adjacent to the target anomaly to be tested also remain untested. The
hole intersected widespread disseminated pyrite and stringer quartz-pyrite
mineralization with local associated lead-zinc mineralization-particularly
between 236 m and 348 m where numerous sulphidic quartz stringers and sulphide
bands, up to 30 cm wide, with sphalerite, galena, pyrite and chalcopyrite
mineralization occur. This latter zone of mineralization occurs down dip from
the Cronebane copper zone and indicates vertical zonation into lead-zinc
sulphide mineralization at depth, which tends to validate the Company`s model
for this deposit. The best intercept in this zone assayed 13.83% zinc, 4.46%
lead and 0.9 oz silver/tonne over 0.90 m. This mineralized zone occurs well
above (i.e. at least 200 m above) the deep chargeable anomalies that remain
untested. In addition, there are numerous other IP anomalies at depth and along
strike the known mineralized system at Avoca that warrant drill testing.

As a result of the drilling at Avoca, the prospecting licenses covering the
property are in good standing until 2010-2012. Minimal further work is required
on one of the licenses in order for both licences to be in good standing until
June, 2012. The Company plans to consider further geophysical work along the
Avoca trend prior to resuming further drilling in order to better define and
prioritize drill targets of interest at depth and along strike.

Although this property has considerable merit, it is available for farm-out as
it is not the core business of the Company. The Company is focused on advanced
uranium projects in Canada and the United States.

"Typically, VMS deposits occur in clusters," states George Leary, President and
CEO of Bayswater. "We feel there is excellent potential at Avoca for a larger
massive sulphide deposit down plunge at depth and, to some extent, along strike
from the known mineralized zones. There has been very little historical
exploration for this type of target."

The Company`s exploration activities are conducted under the supervision of
George M. Leary, M.Sc. P. Eng. (BC), President of the Company, and Victor
Tanaka, B.Sc. P.Geo.(B.C.), Chief Operating Officer of the Company. Both are
qualified persons under NI 43-101. George Leary is the qualified person
responsible for the technical information in this news release.

About Bayswater Uranium Corporation - The Super Junior Uranium Company
TM

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. Bayswater is listed on
the TSX Venture Exchange under the symbol "BAY".

On behalf of the Board of:

BAYSWATER URANIUM CORPORATION

George M. Leary
President

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.

Bayswater Uranium Corporation
John Gomez, Manager, Investor Relations, (604) 687-2153

Copyright Business Wire 2009