
Myriad Uranium Commences Phase II Drilling at Copper Mountain
Newsfile Corp
公開日時: Jul 02, 2026, 09:00 AM
Sentiment Analysis
Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is pleased to announce that Phase II drilling at the Copper Mountain Uranium Project in Wyoming has commenced. Highlights Phase II drilling is now underway at the Copper Mountain Uranium Project in Wyoming. The first four holes will test mineralization at Lucky Cliff, a high-priority target area drilled by Union Pacific in the late 1970s and never followed up with modern techniques (see Figure 3). Any mineralization confirmed at Lucky Cliff will be outside the 1982 U.S. DOE Bendix Engineering Report "Assessment Area" ("the Bendix Report") previously reported here (see Figure 1). Once the holes at Lucky Cliff are complete, the Phase II program will turn to drilling areas, other than Canning, that are associated with historical resource estimates totalling 26.63 Mlbs eU 3 O 8 contained in 44.1 Mt at an average grade of 171 ppm eU 3 O 8 , which are not being treated as current mineral resources or mineral reserves (see note about Historical Estimates below). Canning contains roughly half of the historically estimated resources at Copper Mountain and was the focus of Myriad's highly successful 34-hole Phase I drill program in late 2024 (release here ). Phase II will also test new targets identified by our recent geophysics (release here ), which have undergone verification by ground truthing using a hand-held gamma spectrometer. The final stage of Phase II will be infill drilling to support a current mineral resource estimate under NI 43-101. In 1982, Bendix Engineering for the U.S. Dept. of Energy reported an exploration target for Copper Mountain of 245 to 655 Mlbs eU 3 O 8 contained within 1,111 Mt to 2,971 Mt (at 100 ppm eU 3 O 8 ) and 222 Mt to 594 Mt (at 500 ppm eU 3 O 8 ). Reported here and here (see Figure 1 and details below). The potential tonnages and grades of the Bendix exploration target are conceptual in nature...
Source: Newsfile Corp
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