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Myriad Uranium Corp., a Canadian uranium exploration company, holds a 75% interest in the Copper Mountain Uranium Project in Wyoming, USA. The Company also has exploration licenses in Niger and Nova Scotia. With recent acquisitions of new prospects, including the Midnight Prospect and Bonanza-Kermac mines, Myriad is expanding its portfolio. Utilizing historical data, Myriad aims to fast track evaluation and development of these high-grade uranium resources. Strategic partnerships and recent mining lease agreements underscore the Company's commitment to advancing its projects.
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Myriad Uranium Corp. announces that its earn-in partner Rush Rare Metals Corp. has secured a 20-year mining lease at the Copper Mountain Uranium Project with Diamond X Ranch. The lease expands the project by 320 acres, enhancing access to the North Canning deposit area. Myriad has paid a signing bonus of US$5,000 and the first-year property lease payment of US$8,000. The lease terms include flat royalties on uranium production based on the rights held by Diamond X. The company is optimistic about the potential for uranium production at Copper Mountain, especially with recent high-grade discoveries and historical resource verification underway.
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Myriad Uranium Corp. acquires historic Bonanza and Kermac/Day uranium mines at Copper Mountain through its earn-in partner Rush Rare Metals Corp. The Bonanza Mine produced 780,000 lbs from 30,000 tons of ore at 1.3% eU3O8, while the Day Mine mined 1,152 tons of ore at grades between 0.12% and 0.56% eU3O8 in the early 1960's. The acquisition expands Myriad's interest to 3,886 acres from 3,605 acres, showing promising potential for uranium mineralization.
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Myriad Uranium Corp. and Rush Rare Metals Corp. have acquired the 'Midnight Prospect' at Copper Mountain based on historical data, potentially containing up to 10 Mlbs eU3O8. The area shows favourable elements for uranium mineralization, with significant potential for high-grade deposits. Myriad's CEO plans further exploration guided by proprietary historical data, indicating a promising future for the district.
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Myriad Uranium Corp. announces significant high-grade uranium intervals at Copper Mountain project, providing a clear path to re-evaluate resources and confirm feasibility of mining. The intervals relate to 82 boreholes drilled into the 'High Grade Zone' of the North Canning deposit, showing high-grade material close to the surface. CEO Thomas Lamb highlights the potential for fast-tracking confirmation work and increasing overall grades and volumes at Copper Mountain.
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Myriad Uranium Corp. announces the staking of Knob claims in the Copper Mountain Uranium District, potentially containing up to 500,000 lbs U3O8. Myriad holds a 75% earnable interest in the area, aiming to increase uranium grade and volume. Historical data sets reveal high-grade targets for expansion.
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Myriad Uranium Corp. (MYRUF) will be presenting at Red Cloud's Pre-PDAC 2024 Mining Showcase in Toronto from February 29 to March 1, 2024. Thomas Lamb will present on February 29 at 4:20 PM EST. Shareholders and interested parties are invited to attend by registering at the provided link.
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Myriad Uranium Corp. announces an investor relations marketing program conducted by Departures Capital Inc. at a cost of US$30,500 over three months. The program focuses on electronic communications and advertising to keep shareholders and potential investors informed about upcoming developments.
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Myriad Uranium Corp. is presenting at the Emerging Growth Conference to discuss its Copper Mountain Uranium Project in Wyoming, with a focus on bringing historical resource estimates current and finding additional large deposits in the area. The company invites investors, advisors, and analysts to attend the real-time, interactive presentation on February 7th, 2024, at 12:00 PM Eastern time. The event will provide an opportunity to interact with the CEO, Thomas Lamb, and submit questions in advance. An archived webcast will also be available after the event.
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Myriad Uranium Corp. announces a digital and television marketing campaign, including digital marketing on top financial sites and TV spots on BNN Bloomberg. The campaign will cost Myriad $33,700 and will be conducted over three months. The CEO, Thomas Lamb, expresses excitement for upcoming events and aims to maximize the company's reach. The campaign will coincide with Red Cloud's Pre-PDAC Mining Showcase and PDAC, the world's premier mineral exploration and mining convention.
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Myriad Uranium Corp. announces renowned geologist Jim Davis joining the Technical Committee, bringing extensive experience and expertise in uranium exploration and discovery. The Company's CEO, Thomas Lamb, expresses optimism for the potential of Copper Mountain and the exciting opportunities it presents for uranium production and new discoveries.
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FAQ
What is the current stock price of MYRIAD URANIUM (MYRUF)?
The current stock price of MYRIAD URANIUM (MYRUF) is $0.3094 as of October 15, 2024.
What is the market cap of MYRIAD URANIUM (MYRUF)?
The market cap of MYRIAD URANIUM (MYRUF) is approximately 21.1M.
What is Myriad Uranium Corp.?
Myriad Uranium Corp. is a Canadian uranium exploration company with interests in the US, Niger, and Canada. The Company holds a 75% interest in the Copper Mountain Uranium Project in Wyoming.
What recent acquisitions has Myriad made?
Myriad has acquired new prospects, including the Midnight Prospect and historic mines like Bonanza-Kermac, expanding its portfolio of high-grade uranium resources.
How does Myriad plan to advance its projects?
By utilizing proprietary historical data and forming strategic partnerships, Myriad aims to fast track evaluation, development, and potential production of its uranium resources.
What recent mining lease agreements has Myriad entered into?
Myriad's earn-in partner, Rush Rare Metals Corp., has secured a 20-year mining lease with Diamond X Ranch, LLC, enhancing access to key areas within the Copper Mountain Uranium Project.
Where can I find more information about Myriad Uranium Corp.?
For further details on Myriad's projects, acquisitions, and growth strategies, visit the Company's website or refer to its disclosure record on SEDAR+.
MYRIAD URANIUM CORP
OTC:MYRUF
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