If you need to specify that the resource being referred to is referenced from the local assembly, then I would think that you would want to include "component". For example, I have some code that loads an icon from a resource available from the same assembly in which my code resides. I write this:
var SourceUri = new Uri("pack://application:,,,/MyCompany.MyProduct.MyAssembly;component/MyIcon.ico", UriKind.Absolute);
thisIcon = new BitmapImage(SourceUri);
As noted in the article available at http://msdn.microsoft.com/en-us/library/aa970069.aspx, the following additional examples illustrate the use of "component":
The following example shows the pack URI for a XAML resource file that is located in the root of the referenced assembly's project folder.
pack://application:,,,/ReferencedAssembly;component/ResourceFile.xaml
The following example shows the pack URI for a XAML resource file that is located in a subfolder of the referenced assembly's project folder.
pack://application:,,,/ReferencedAssembly;component/Subfolder/ResourceFile.xaml
The following example shows the pack URI for a XAML resource file that is located in the root folder of a referenced, version-specific assembly's project folder.
pack://application:,,,/ReferencedAssembly;v1.0.0.1;component/ResourceFile.xaml
Note that the pack URI syntax for referenced assembly resource files can be used only with the application:/// authority. For example, the following is not supported in WPF.
pack://siteoforigin:,,,/SomeAssembly;component/ResourceFile.xaml
new Uri("pack://application:,,,/Resources/YourImage.jpg", UriKind.Absolute)