FSE:C3Q | Jotup

Mining Lease Secured at Copper Mountain, Setting the Stage for Future Production

Retrieved on:

Monday, April 22, 2024

Diamond, SCI, Sale, Uranium, News, Canning, Transport, Rush, Myriad, Qualified person (European Union), National instrument, Union Pacific Railroad, Mining

With the Lease, the size of the Copper Mountain Uranium Project increases by 320 acres from 3,886 to 4,206 acres.

Key Points:

With the Lease, the size of the Copper Mountain Uranium Project increases by 320 acres from 3,886 to 4,206 acres.
To view an enhanced version of this graphic, please visit:
Under the Lease, Myriad has paid Diamond X a US$5,000 signing bonus and the first-year property lease payment of US$8,000 (US$25 per acre).
Uranium produced from areas where Diamond X holds both surface and mineral rights will attract a flat 3% royalty on net returns.
A more thorough review of any available original data will be undertaken and reported on in more detail in future releases.

Myriad Announces Acquisition of Historic Bonanza and Kermac/Day Uranium Mines at Copper Mountain

Retrieved on:

Friday, April 19, 2024

SCI, Uranium, News, See, RME, Qualified person (European Union), Acquisition, National instrument, Bonanza, Uranium mining

"Bonanza-Kermac" aggregates 280 acres, and its acquisition increases the area subject to Myriad's 75% earnable interest under the property option agreement between Myriad and Rush from 3,605 acres to 3,886 acres.

Key Points:

"Bonanza-Kermac" aggregates 280 acres, and its acquisition increases the area subject to Myriad's 75% earnable interest under the property option agreement between Myriad and Rush from 3,605 acres to 3,886 acres.
To view an enhanced version of this graphic, please visit:
Myriad's CEO Thomas Lamb commented, "We continue to add highly prospective acreage at Copper Mountain."
Mineralization in these areas formed by basinward migration of uranium in channel sediments with precipitation occurring at roll-front boundaries or fault/hydrocarbon redox areas.
indicating the Bonanza Mine's estimated uranium endowment and grade.

Guided by Historical Data Trove, Myriad Acquires the 'Midnight Prospect' at Copper Mountain

Retrieved on:

Monday, April 15, 2024

SCI, Uranium, News, Confidentiality, Map, Environment, RME, Hydrocarbon, Anaconda, Myriad, Qualified person (European Union), Acquisition, National instrument, Union Pacific Railroad, Uranium mining

In a recent news release we discussed 82 historical boreholes at the "High Grade Area" within the Canning Deposit at Copper Mountain.

Key Points:

In a recent news release we discussed 82 historical boreholes at the "High Grade Area" within the Canning Deposit at Copper Mountain.
It is based on the Qualified Person's initial review of historical reports which were recently obtained by the Company.
However, the information did not include original data such as drilling records, sampling, analytical or test data underlying the information or opinions contained in the written documents.
A more thorough review of any available original data will be undertaken and reported on in more detail in future releases.

Myriad Reports on Historic Drilling at Copper Mountain

Retrieved on:

Tuesday, March 5, 2024

Earlier interpretations of the mineralization at Copper Mountain show that the controls on mineralization were not fully understood.

Key Points:

Earlier interpretations of the mineralization at Copper Mountain show that the controls on mineralization were not fully understood.
The location of the Copper Mountain uranium district in relation to other uranium districts in Wyoming is shown in Figure 1 below.
To view an enhanced version of this graphic, please visit:
The grade intervals were calculated as weighted averages using 3-foot composite grades that Anaconda derived from drilling data acquired from RME which conducted uranium exploration in the Copper Mountain area between 1969 to 1982.
Myriad plans to conduct a site visit to Copper Mountain at the earliest possibility that weather conditions will allow, possibly late April to early May, 2024.

Myriad Uranium Announces Addition of Highly Prospective Target Area Revealed by Historic Data Trove, Increases Wyoming Land Position by 41%

Retrieved on:

Monday, February 26, 2024

Neutron, Acquisition, Knob, Uranium, Encore, News, Union Pacific Railroad, Qualified person (European Union), National instrument, Human body temperature, SCI, Uranium mining

The area is now part of the Copper Mountain Project, in which Myriad holds a 75% earnable interest.

Key Points:

The area is now part of the Copper Mountain Project, in which Myriad holds a 75% earnable interest.
The identification and acquisition of the Knob claims is a result of Myriad's ongoing review of proprietary paper-based historical data sets.
The Knob target areas' mineralisation is understood to be in a flat-lying zone of fracturing within the host granite.
It is expected that the historical data trove will continue to allow Myriad to add high-potential prospects to the project.

Myriad to Present at Emerging Growth Conference on February 7th, 2024

Retrieved on:

Monday, February 5, 2024

Growth, Union Pacific Railroad, Myriad, Conference

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it has been invited to present at the Emerging Growth Conference on February 7th, 2024.

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it has been invited to present at the Emerging Growth Conference on February 7th, 2024.
Myriad invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation.
Myriad will be presenting at 12:00 PM Eastern time (9 AM Pacific time) for 30 minutes.
Please register here to ensure you are able to attend the conference and receive any updates that are released.

Jim Davis, Renowned Geologist and the Leading Authority on Copper Mountain, Joins Myriad's Technical Committee

Retrieved on:

Thursday, January 18, 2024

Much of this work was led by Jim Davis, and we are delighted he is joining our Technical Committee.

Key Points:

Much of this work was led by Jim Davis, and we are delighted he is joining our Technical Committee.
His first discovery as a young geologist was the Arrowhead Uranium Mine located at the centre of Copper Mountain (see Figure 1 above).
Mr. Davis subsequently led Union Pacific's extensive exploration at Copper Mountain, leading to the discovery of the Canning Deposit and several others in the district.
He was Chief Consulting Geologist for Neutron Energy (now part of enCore), a previous owner of part of Copper Mountain.

Myriad Announces Private Placement

Retrieved on:

Tuesday, December 5, 2023

Regulation, Person, Myriad, Funding, News, Security (finance)

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it will be conducting a non-brokered private placement of up to $500,000 at a price of $0.15 per unit (the "Financing").

Key Points:

Vancouver, British Columbia--(Newsfile Corp. - December 5, 2023) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that it will be conducting a non-brokered private placement of up to $500,000 at a price of $0.15 per unit (the "Financing").
Each unit will consist of one common share and one-half of one share purchase warrant.
Each full warrant will entitle the holder to purchase one common share at a price of $0.25 for a period of eighteen (18) months from the date of issuance.
Securities issued under the Financing will be subject to a four month hold period in accordance with applicable Canadian securities laws.

Myriad Transformed as Data Trove Reveals Significant Historical Uranium Resources at Copper Mountain

Retrieved on:

Tuesday, October 31, 2023

Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to report on historical resource estimates contained in a trove of recently-purchased data relating to the Copper Mountain Uranium Project in Wyoming, USA. This should be considered an interim report because the data review is ongoing. Myriad holds an option to earn up to 75% of the project from Rush Rare Metals Corp. ("Rush"). Currently, the project (the "Copper Mountain Project") comprises 110 mineral claims aggregating 1,911 acres (Figure 1).

Key Points:

The ground considered in these historical estimates is largely within the current claim boundaries of the "Copper Mountain Project", in which Myriad holds an earnable 75% interest.
Vancouver, British Columbia--(Newsfile Corp. - October 31, 2023) - MYRIAD URANIUM CORP. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to report on historical resource estimates contained in a trove of recently-purchased data relating to the Copper Mountain Uranium Project in Wyoming, USA.
The Copper Mountain area contains several known uranium deposits and past-producing uranium mines, including the Arrowhead mine which produced 500,000 lbs U3O8 in the 1950s and 60s.
Other estimates include most or all of the known deposits at Copper Mountain, the majority of which are within the Copper Mountain Project.

Myriad Acquires Earnable 75% Interest in the Copper Mountain Uranium Project in Wyoming, USA

Retrieved on:

Friday, October 20, 2023

The Property contains a number of other known uranium deposits and there is good potential to discover more.

Key Points:

The Property contains a number of other known uranium deposits and there is good potential to discover more.
Rocky Mountain Energy, a subsidiary of Union Pacific, drilled approximately 2,000 boreholes at Copper Mountain between 1969 and 1980.
They spent upwards of US$78 million advancing Copper Mountain (2023 dollars), planned a mine for one of its deposits, and built a leach pad.
Finally, historical reports suggest the ore at Copper Mountain is leachable and does not require a mill, and it may even be ISR-amenable.