Myriad Uranium completes maiden drill program at Copper Mountain project

In Wyoming, USA, Myriad Uranium Corp. accomplished its first drill program at the Copper Mountain uranium property, which is optioned from Rush Rare Metals Corp. This milestone was reported in a news release dated November 27, 2024. The results from the drilling are said to verify and even exceed the historical findings in the Canning Deposit area. Furthermore, initial indications suggest the discovery of new and deeper zones of mineralization, which point to the potential for increased uranium resources in the area. Peter Smith, the CEO of Rush Rare Metals, praised Myriad's performance during this drill campaign, emphasizing its success in furthering the project’s geological understanding and resource potential. The property is noted to hold significant promise, as Rush Rare Metals retains a 100% interest in both the Copper Mountain and the nearby uranium properties, although previous results from nearby locations may not be indicative of the mineralization found on Rush's properties. The completion of this initial drill phase marks an important step in advancing exploration and development efforts in the region. The implications of these findings could lead to a new evaluation of the economic viability of extracting uranium resources in the Copper Mountain project area. The news release also carried forward-looking statements, which cautioned that actual outcomes may differ. Peter Smith urged stakeholders to keep this in mind while assessing the significance of the findings and the future strategy for the company.