Sep 10, 2024, 7:30 AM
Sep 10, 2024, 7:30 AM

Rush Rare Metals announces survey results at Copper Mountain, Wyoming

Highlights
  • Myriad Uranium Corp. has completed a ground magnetometer survey at the Copper Mountain uranium property in Wyoming.
  • The survey focused on the Canning area, which has historical significance for uranium development.
  • Rush Rare Metals is optimistic about the project's potential and plans to verify previously identified zones through drilling.
Story

Rush Rare Metals Corp. has announced the completion of a ground magnetometer geophysical survey by its earn-in partner, Myriad Uranium Corp., at the Copper Mountain uranium property in Wyoming. This survey focused on the Canning area, which spans approximately 4,200 acres and is situated at the center of the Copper Mountain Uranium Project. The Canning area has historical significance, having been previously targeted for open-pit development by Union Pacific before the Three-Mile-Island incident in 1979. The results of the survey are expected to provide valuable insights into the potential for uranium mineralization in the area. Rush's CEO, Peter Smith, expressed confidence in the Myriad team's efforts and highlighted the importance of verifying previously identified open-pit zones. The company is eager to commence drilling to confirm the project's potential value. In addition to the Canning area, there are numerous other known uranium occurrences within the larger claim area that could contribute to the overall value of the Copper Mountain project. The company is optimistic about the scale of the project, which has been described as potentially enormous. As the project progresses, Rush Rare Metals is focused on advancing its exploration and development efforts, with the anticipation of early drill results that may further validate the project's significance. The company maintains a 100% interest in both the Copper Mountain Project and the surrounding properties, positioning itself for future growth in the uranium sector.

Opinions

You've reached the end