Myriad Uranium Corp(CSE:M)

Myriad Uranium Corp.

Investor website: https://myriaduranium.com/

About

Myriad Uranium Corp. (CSE: M, OTCQB: MYRUF, FSE: C3Q) is focused on uranium exploration and development in premier jurisdictions in the United States, specifically Wyoming and New Mexico. The company is committed to strengthening domestic energy security and has a significant land position at the Copper Mountain Project, which contains historic uranium mines and deposits. Myriad aims to leverage increasing U.S. demand for uranium and bipartisan support for domestic supply.

Verified company data

Cash position
Not Available
Shares outstanding
105,215,748
Fully diluted shares
161,129,800
Mineral resource
Bendix (BFEC, 1982) estimated that the total mineral endowment of the entire Copper Mountain District could be as much as 650 Mlbs eU3O8*. This estimate is historical in nature and does not represent current mineral resource, reserve or exploration target estimates under the category definitions provided by NI 43-101. It represents potential a mineral endowment that would require exploration work and drilling to verify. The key assumptions, parameters, and methods used to prepare the historical estimates are described in this document. There are no more recent estimates of this type. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Myriad and Rush are not treating the historical estimate as current mineral resources or mineral reserves. Also, while the Copper Mountain Project area contains all or most of each deposit referred to, some of the resources referred to may be located outside the current Copper Mountain Project area.
Projects
["Copper Mountain, Wyoming, USA\n\nLatest News\n\n[SEE LATEST NEWS](https://myriaduranium.com/news/)\n\nProject Presentation\n\n[DOWNLOAD PRESENTATION](https://myriaduranium.com/investor-presentation-copper-mountain-uranium-project-wyoming-usa/)\n\nTechnical Report\n\n[DOWNLOAD REPORT](https://myriaduranium.com/wp-content/uploads/2026/04/copper-mountain-ni43-101-technical-report_signed_202600417.pdf)\n\nTHE COPPER MOUNTAIN URANIUM PROJECT\n\nLocated in America’s leading uranium jurisdiction\n\n- Wyoming hosts the largest-known uranium ore reserves in the United States.\n- The state accounts for 69% of U.S. production from 5 operating mines.\n\nTIER-ONE JURISDICTION WITH EXCELLENT ACCESS TO INFRASTRUCTURE\n\nOne of the largest uranium projects in Wyoming.\n\n- Myriad to acquire 100% of Copper Mtn from Rush Rare Metals by way of announced merger. Ownership currently at 75%.\n- 18,000+ acre land package with 7 historic deposits, 15 prospects targeted for expansion, and many new targets.\n- Myriad the first to consolidate ownership of the Copper Mountain District in over 50 years.\n- Comprehensive U.S. Dept. of Energy report (Bendix, 1982) estimated the potential uranium endowment of the “Control Area” (see figure) at 245 Mlbs uranium to depth of 600 feet – Myriad controls 80% of this area. Larger “Assessment Area’s” potential endowment estimated at 655 Mlbs to 600 feet – Myriad controls 62% of this area.\n- Access to infrastructure – the project is located within 5 km of regional rail, highway, and power lines.\n\n* This estimate is historical in nature and does not represent current mineral resource, reserve or exploration target estimates under the category definitions provided by NI 43-101. It represents potential a mineral endowment that would require exploration work and drilling to verify. The key assumptions, parameters, and methods used to prepare the historical estimates are described in this document. There are no more recent estimates of this type. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves. Myriad and Rush are not treating the historical estimate as current mineral resources or mineral reserves. Also, while the Copper Mountain Project area contains all or most of each deposit referred to, some of the resources referred to may be located outside the current Copper Mountain Project area.\n\nMillen Mountain Property\n\nLatest project news from CSE disclosure materials – The Company is the registered holder of exploration licence 10577 (the “Licence”) in the Province of Nova Scotia. The Licence is comprised of 80 mineral claims covering approximately 1,280 hectares known as the Millen Mountain Property (the “Property”).\n\nOn April 10, 2017, Legion Metals Corp. (“Legion”) entered into a property option agreement with Probe Metals Inc. (“Probe”), which was amended October 3, 2017 (the “Option Agreement”). On March 14, 2019, Legion completed a plan of arrangement with Nextleaf Solutions Ltd. under which, among other things, Legion transferred all of its right, title and interest in and to the Millen Mountain Property to Myriad by way of a “spin out” transaction. Further to the spin out of the Property from Legion to Myriad, Myriad, Legion and Probe entered into an assignment and assumption agreement dated as of March 14, 2019 (the “Assignment Agreement”) pursuant to which Legion assigned, transferred and conveyed all of Legion’s right, title and interest to, and all of its obligations under, the Option Agreement to Myriad, and Probe accepted, confirmed and ratified the assignment from Legion to Myriad.\n\nUnder the Option Agreement, Probe was granted the right to earn an initial 50% interest in the Property by incurring expenditures on the Property of $250,000. Probe has successfully exercised this 50% option and has indicated that it will not earn an additional 25% interest in the Property Accordingly, the Company and Probe have formed a joint venture pursuant to the joint venture terms set out in the Option Agreement. Probe will be the operator under the joint venture for so long as it holds at least a 50% interest in the Property. The joint venture terms provide that: a party that doesn’t participate in joint venture expenditures will have its interest in the Property reduced accordingly; and if a party’s interest in the Property is reduced to 10%, the joint venture will terminate, the participating party will receive a 100% interest in the Property and the non-participating party will receive a 2% net smelter royalty (“NSR”) in the Property.\n\nA geological report (the “Technical Report”) prepared by Sharon Allan, P. Geo., who is a “Qualified Person” as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”), was completed in relation to the Property on June 10, 2019. The Technical Report recommends further drilling and soil sampling on the Property. Additional drilling on the Property is recommended to investigate untested geophysical anomalies. Soil sampling could be used to aid in prioritizing the remaining targets. The unsurveyed area between the two geophysical grids, Block A and Block B, could be infilled to identify other targets."]
Leadership
Thomas Lamb (CEO, Board Member, Technical Committee), George van der Walt (Senior Geologist / Qualified Person, Technical Committee), Nelson Lamb (CFO, President and CEO of Redhaven Consulting Inc., specializing in CFO services and financial reporting for public companies.), Simon Clarke (Board Member, Chairman), Fred Bonner (Board Member / Technical Committee, Leader in environmental stewardship and socially responsible exploration, P. Geo. (QP), Fellow of Geoscientists Canada and the Society of Economic Geologists.), Tom Lee (Board Member, Cofounder and President of Canid Capital, involved in over $1B in transactions.), Marvin Singer (Board Member), RON HALAS (Technical Committee), Jim Davis (Technical Committee), Eduards Smirnovs (Advisor), Eric Miller (Strategic Advisor)

Verified data last updated: 2026-05-15

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