Business
Myriad Uranium's First Ten Boreholes at Copper Mountain Intercept High Grade Mineralisation, Provide Strong Validation of Historic Work
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) ("Myriad" or the "Company") is please
About this update from Myriad Uranium Corp
[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - October 22, 2024) - Myriad Uranium Corp. (CSE: M) (OTCQB: MYRUF) (FSE: C3Q) (\"Myriad\" or the \"Company\") is pleased to announce the results of equivalent uranium (eU3O8) grades from initial drilling at the Copper Mountain Uranium Project in Wyoming, USA (Figure 1). Spectral gamma ray logging confirms the potential for high-grade uranium mineralisation at the Canning Deposit area and provides strong initial validation of the historic work done by Union Pacific at Canning and across the entire Project area. The eU3O8 values reported here should be considered as preliminary and are subject to verification by chemical assay. Highlights Results corroborate or exceed what was anticipated from the historic drill data obtained by the Company in relation to the Canning Deposit. Results confirm the potential for high-grade uranium in the northern part of the Canning Deposit, with numerous intervals reporting greater than 1,000 ppm eU3O8 and peak grade in borehole CAN0006 reaching up to 8,060 ppm eU3O8. Highlights of significant intervals from the spectral gamma logging include: CAN0001: 1,924 ppm eU3O8 over 3.28 feet (peak of 2,886 ppm eU3O8 at 160.56 feet) CAN0004: 2,160 ppm eU3O8 over 5.58 feet (peak of 3,751 ppm eU3O8 at 226.81 feet) CAN0005: 1,677 ppm eU3O8 over 18.70 feet (peak of 2,601 ppm eU3O8 at 561.37 feet) CAN0006: 1,744 ppm eU3O8 over 6.89 feet (peak of 2,639 ppm eU3O8 at 136.94 feet) CAN0006: 5,936 ppm eU3O8 over 7.54 feet (peak of 8,060 ppm eU3O8 at 267.48 feet) CAN0006: 2,105 ppm eU3O8 over 20.01 feet (peak of 5,183 ppm eU3O8 at 352.76 feet) CAN0006: 2,417 ppm eU3O8 over 8.20 feet (peak of 5,219 ppm eU3O8 at 444.93 feet) CAN0008: 2,173 ppm eU3O8 over 5.25 feet (peak of 3,346 ppm eU3O8 at 280.93 feet) CAN0008: 1,599 ppm eU3O8 over 14.10 feet (peak of 2,367 ppm eU3O8 at 341.94 feet) CAN0010: 1,614 ppm eU3O8 over 4.59 feet (peak of 2,012 ppm eU3O8 at 272.73 feet) Spectral gamma ray logging results show elevated uranium mineralization (greater than 200 ppm eU3O8) across multiple long intercepts in every hole drilled to-date. The ten holes reported here contain 29 intervals over a minimum of 3 feet that are greater than 500 ppm eU3O8, and 21 intervals greater than 1,000 ppm eU3O8. In addition, across the ten holes reported here, there are 58 intervals over a minimum of 3 feet th...