Bayswater Uranium Corp fka BAY

[sumisu]

Bayswater: Kilgore Reports Filing of Technical Report

Friday June 22, 1:30 pm ET

VANCOUVER, BC--(MARKET WIRE)--Jun 22, 2007 -- Bayswater Uranium Corporation (CDNX:BAY.V - News) announces that Kilgore Minerals Ltd. (CDNX:KAU.V - News) has filed on SEDAR (www.sedar.com) a report (the "Report") dated June 6, 2007 entitled Kilgore Minerals Ltd. - Montana & Wyoming Uranium Properties - National Instrument 43-101 Technical Report prepared by James R. Guilinger of World Industrials Minerals, LLC ("WIM"). As previously announced, Bayswater and Kilgore are completing a merger.

The Report contains WIM's evaluation of Kilgore's properties located in the Powder River Basin in Crook County, Wyoming and extending into Carter County, Montana, based upon its assessment of the available historical data concerning the properties. As a qualified person has not done sufficient work to classify the historical estimates relating to the Acadia Claim Group and the Mindy Claim Group as current mineral resources, the company is not treating the historical estimates relating to those properties as current mineral resources as defined in NI 43-101, and those historical estimates should not be relied upon. The documented work was undertaken by companies including Kerr McGee Corporation, Amoco Minerals, Exxon Minerals, American Nuclear, Uranium Resources Inc. and Homestake Mining Co. The technical information in this news release is based upon the Report.

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