Myriad Uranium Corp.

Market Cap: Private
Sector: Resource
  • Tight structure. 46% insider ownership. Two company-making uranium projects.
  • First is Copper Mountain in Wyoming, which Union Pacific spent C$117m (2023$) advancing during the 1970s, identifying 5 deposits (now 6), drilling 900,000 feet across 2,000 boreholes, and estimating a 15m – 30m lbs U3O8 resource and a 63m lbs exploration target. Several past-producing uranium mines inside the project. Highly leachable (~95%) ore. No mill. ISR potential.
  • Second is 1,822 sq kms in the Tim Mersoi Basin, Niger. These were Orano licences with encouraging historical work they’d planned to follow-up on aggressively. They are on-structure and adjacent to several of the world’s largest and most important uranium deposits, including GLO’s Dasa and Orano’s Imouraren.