Myriad Uranium Initiates Geophysical Survey at Copper Mountain Uranium Project, Wyoming, USA

Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw US$78m (2024$) in exploration and development expenditures by Union Pacific during the 1970s.

Union Pacific drilled approximately 2,000 boreholes, discovered 7 uranium deposits, and developed a 6-pit mine plan at Copper Mountain, estimating resources of between 15.7 and 30.1 Mlbs eU 3 O 8 and estimating the further potential of known and speculated targets within the project area to be over 65 Mlbs. These estimates are historical and not yet current under NI 43-101.

Myriad intends to bring these historical resources current under NI 43-101 and, if possible, go beyond them, initially focusing on the ‘High Grade Zone’ of the Canning Deposit (see Figure 1) which hosts the largest estimated historical resource at Copper Mountain.

A ground magnetometer survey is now underway over 571 acres at Canning. Line spacing is 25 […]

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