Welcome to our dedicated page for Myriad Uranium news (Ticker: MYRUF), a resource for investors and traders seeking the latest updates and insights on Myriad Uranium stock.
Myriad Uranium Corp. (MYRUF) provides investors and industry observers with comprehensive updates on its uranium exploration initiatives, including technical validations at Wyoming's Copper Mountain Project and Nova Scotia's Millen Mountain Property. This dedicated news hub consolidates all official announcements, drilling results, and strategic developments for efficient tracking of the company's progress.
Key resources include: Verified updates on diamond drilling programs, spectral gamma ray logging results, historical data validation efforts, and partnership announcements. Content is rigorously fact-checked to ensure alignment with technical reporting standards in mineral exploration.
Users can expect timely coverage of resource estimations, exploration methodology updates, and regulatory filings. The archive serves both technical experts and general investors through clear explanations of geophysical surveys and project economics.
Bookmark this page for direct access to Myriad's latest press releases, ensuring you remain informed about critical developments in uranium deposit evaluation and legacy project re-examination strategies.
Myriad Uranium Corp (CSE: M, OTCQB: MYRUF) has appointed Eduards Smirnovs as external Industry Advisor. Smirnovs brings extensive uranium sector expertise, having served as CEO of both Uranium One Inc. and Lotus Resources. His experience includes overseeing six producing mines and three construction-ready projects at Uranium One Inc., as well as leading Lotus Resources' efforts to refurbish a past-producing mine.
The appointment comes amid an anticipated uranium sector resurgence following President Trump's March 20, 2025 Executive Order designating uranium as a critical mineral. Smirnovs' experience with Uranium One Americas Inc. operations, including the Shootaring Canyon Uranium Mill in Utah and Irigaray Central Processing Plant in Wyoming, aligns with Myriad's U.S. uranium project development goals.
As part of the appointment, Myriad has granted Smirnovs 150,000 stock options at $0.26 per share, exercisable over five years with staggered vesting periods through March 31, 2026.
CEO.CA, a leading investor social network for junior resource and venture stocks, recently featured an interview with Thomas Lamb, CEO of Myriad Uranium (MYRUF). The interview, part of CEO.CA's 'Inside the Boardroom' series, focused on Myriad's uranium projects at Copper Mountain and Red Basin.
CEO.CA, founded in 2012 and now a subsidiary of EarthLabs Inc., has established itself as one of Canada's most popular free financial websites, attracting millions of visitors annually. The platform serves as a hub for investors to connect, share knowledge, and access information about stocks, commodities, and emerging companies.
Myriad Uranium Corp. (MYRUF) has announced significant chemical assay results from 20 boreholes at its Copper Mountain Uranium Project in Wyoming. The analysis reveals that U3O8 grades are 20% higher on average than previously reported gamma probe results, with extensive uranium mineralization discovered in areas where probe detection was
Key findings include multiple high-grade intervals exceeding 1,000 ppm U3O8 over 3+ feet, with peak grade of 8,325 ppm U3O8 in CAN0006. Notable intersections include:
- CAN0004: 5,337 ppm U3O8 over 4.20 feet
- CAN0006: 4,361 ppm U3O8 over 7.50 feet
- CAN0008: 2,829 ppm U3O8 over 6.50 feet
Results from the remaining 14 boreholes are pending, including deeper mineralization at over 1,500 feet in CAN0034. The company plans to expand drilling sampling to include previously excluded 'low-grade' areas based on these findings.
Myriad Uranium Corp (CSE: M, OTCQB: MYRUF) has issued 612,164 common shares to FirstAmerican Energy Fuels as part of a property option agreement dated January 30, 2025, for the Red Basin Uranium Project in New Mexico. The shares were issued at approximately C$0.408 per share, totaling C$250,000 based on a 10-day VWAP.
The Red Basin Project comprises 86 lode claims covering approximately 1,776 acres in the Datil Mountains - Pietown Uranium District, Catron County. To complete the option agreement and acquire 100% interest in the project, Myriad must conduct a geophysics survey by January 30, 2026. The issued shares are subject to a four-month hold period ending June 12, 2025.
Myriad Uranium Corp (OTCQB: MYRUF) has entered into an option agreement to acquire 100% interest in the Red Basin Uranium Project in New Mexico. The project comprises 86 lode claims covering approximately 1,776 acres in the Datil Mountains - Pietown Uranium District.
The acquisition terms include immediate cash and share payments totaling C$525,000, with the option becoming fully exercised upon completion of a geophysical survey within 12 months. The project contains historical high-grade uranium-vanadium mineralization of 0.17% - 0.31% U3O8 near surface, with historical estimates suggesting 1.5 - 6.5 million pounds U3O8 (inferred). The mineralization is found in roll-front deposits hosted in sandstones from surface to depths of less than 450 feet.
The broader Datil Mountains - Pietown area could potentially contain 40 Mlbs or more of high-grade uranium. The project area encompasses the majority of historical 1,000 boreholes drilled in the Red Basin, with significant potential for associated vanadium up to 1.64% V2O5.
Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) has announced the granting of 225,000 incentive stock options to consultants and 1,095,000 restricted share units (RSUs) to directors, officers, and consultants. The options vest immediately and can be exercised at $0.40 per share within five years. The RSUs will vest in three equal portions over three years, with potential accelerated vesting triggered by: a change in company control, sale of material assets, or if the stock price reaches $1.00 or higher on the Canadian Securities Exchange.
Myriad Uranium (CSE: M, OTCQB: MYRUF, FSE: C3Q) has announced the resignation of Ian Archbold from its board of directors. The departure is due to Archbold accepting a Managing Director position at a global investment management organization. CEO Thomas Lamb expressed gratitude for Archbold's contributions to the company. In his parting statement, Archbold, who remains a shareholder, praised Myriad's leadership team and highlighted the potential of the company's Copper Mountain property.
Rush Rare Metals announces that its earn-in partner Myriad Uranium has significantly expanded the Copper Mountain uranium property in Wyoming from 4,200 to 9,320 acres. The expansion includes new prospects such as Railroad, Steffen Hill, Cedar Ridge, Mole, West Mesa, and Lucky Cliff, plus extensions of existing areas like Fuller, Mint, Midnight, and Knob.
The expansion was guided by historical exploration data including over 2,000 drill holes from Union Pacific's 1970s work and Myriad's 2024 maiden drill program. Many new areas show significant uranium mineralization, with some targeted for sandstone-hosted deposits potentially suitable for in-situ recovery.
The company also provided an update on its Boxi Property in Quebec, which hosts niobium within pegmatite intrusions. Recent channel sampling continued to show anomalous niobium values, though at lower levels than earlier prospecting. The property spans a 15km prospective zone with potential for critical minerals.
Myriad Uranium Corp. (MYRUF) has announced a significant expansion of its Copper Mountain Project Area from 4,200 to 9,320 acres. The expansion includes several new prospects: Railroad, Steffen Hill, Cedar Ridge, Mole, West Mesa, and Lucky Cliff, plus extensions near existing areas. Historical drilling data shows promising uranium mineralization across these areas, with notable intersections including:
- Railroad: Up to 0.1% eU3O8 over 6 ft at 585 ft depth
- Lucky Cliff: 85 ft of 0.12% eU3O8
- Cedar Ridge: Up to 0.12% eU3O8 in outcrop
Historical estimates suggest significant potential, with Union Pacific previously estimating over 65 Mlbs potential in deposit areas, while Bendix assessed the district's potential at up to 600 Mlbs. The company also reported delays in chemical assays from its recent drill program due to high radioactivity levels in samples, requiring alternative analytical services.
Myriad Uranium Corp (CSE: M, OTCQB: MYRUF) has successfully closed an over-subscribed non-brokered private placement financing, raising $2,988,600 through the issuance of 7,471,500 units at $0.40 per unit. Each unit includes one common share and half a warrant, with each full warrant allowing purchase of one share at $0.55 until December 12, 2026.
The company paid $68,320 in finder's fees and issued 170,800 finder's warrants. Securities are subject to a four-month hold period until April 13, 2025. The proceeds will fund exploration of mineral properties and working capital, supporting continued momentum through winter operations, including geophysics and preparation for a 2025 drill program.
