Myriad Uranium Commences Phase II Drilling at Copper Mountain
Myriad Uranium has commenced Phase II drilling at its Copper Mountain Uranium Project in Wyoming, focusing on the high-priority Lucky Cliff target and areas with historical estimates totaling 26.63 Mlbs eU3O8. The campaign aims to verify historical mineralization and support a compliant NI 43-101 resource estimate, utilizing a Boart Longyear LF90D rig deployed by contractor Nasco Industrial Services. CEO Thomas Lamb also noted that the company's pending merger with Rush Rare Metals is in its final stages and that a planned uplist to a major U.S.
Key figures
- Phase i drill holes
- 34
- Bendix target range low
- 245 Mlbs eU3O8
- Bendix target range high
- 655 Mlbs eU3O8
- Historical resource estimate lbs
- 26.63 Mlbs eU3O8
- Historical resource estimate mass
- 44.1 Mt
- Historical resource estimate grade
- 171 ppm eU3O8
- Historical union pacific investment
- C$125 million
AI analysis
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