Myriad Uranium holds a 75% earnable interest in the Copper Mountain Uranium Project which saw US$78m (2024$) in exploration and development expenditures by Union Pacific during the 1970s.Union Pacific
Vancouver, British Columbia-- - Myriad Uranium Corp. is pleased to report on a recent site visit to the Copper Mountain Uranium Project , located in Wyoming, USA. The site visit was conducted by Thomas Lamb, Chief Executive Officer of the Company, and George van der Walt, a Qualified Person and member of the Company's Technical Committee.
Figure 2: General Arrangement diagram for a large scale mine concept developed by Union Pacific based on a Phase 2 Pre-feasibility Study by Golder Associates concluded in August 1979https://images.newsfilecorp.com/files/6301/216259_myriad_550.jpg Figure 3: A) A view over part of the Canning area; B) Borehole with closed steel cap in the Canning area; C) Borehole with only a wooden peg in the Canning area; D) Borehole with solar water pump installed in the Fuller area; E) A view over the old Arrowhead Mine; F) Portable spectrometer and RadEye measurements in boulder material at Arrowhead Mine .
In order to verify the historical estimates and potentially re-state them as current resources, a program of digitization of data is required, followed by re-logging and/or re-drilling to generate new data that is comparable with the original data that can be used to establish the correlation and continuity of geology and grades between boreholes with sufficient confidence to estimate mineral resources. More details on this planned work will be provided in future updates.
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