Welcome to our dedicated page for MYRIAD URANIUM news (Ticker: MYRUF), a resource for investors and traders seeking the latest updates and insights on MYRIAD URANIUM stock.
Myriad Uranium Corp. reports on uranium exploration and project development centered on the Copper Mountain Uranium Project in Fremont County, Wyoming. Company news covers NI 43-101 technical reporting, drill planning and assay follow-up, airborne magnetic and radiometric geophysics, land staking, ground-truthing of exploration targets, and the interpretation of historical uranium datasets.
Recurring updates also address U.S. critical-minerals policy as it relates to domestic uranium supply, corporate presentations for the junior mining market, strategic advisory appointments, and portfolio or alliance activity tied to uranium projects in the United States.
Myriad Uranium (OTCQB: MYRUF) announced on December 8, 2025 that it has earned a 75% interest in the Copper Mountain Uranium Project in Wyoming by spending over $5.5 million on eligible expenditures under the option agreement with Rush Rare Metals dated October 18, 2023, as amended.
The company's 75% interest and Rush's 25% interest are subject to certain underlying NSR royalties. Management said first-phase drilling and exploration have significantly exceeded expectations.
Myriad Uranium (OTCQB: MYRUF) completed a large-scale helicopter-borne radiometric and magnetic survey across the Copper Mountain Uranium Project on December 4, 2025. The survey covered approximately 191.8 km2 with 2,114 line-kilometres at 100 m spacing and 30 m flight height. Preliminary uncorrected images have been received and final processed data is expected January 2026. The company cites historical district estimates including a 1982 Bendix study noting ~655 Mlbs uranium district-wide and ~245 Mlbs in a Contral Area (Myriad controls at least 70% of that area); those are historical, not NI 43-101 compliant. A qualified person reviewed the release but underlying original data remain unavailable for verification.
Myriad Uranium (OTCQB: MYRUF) completed high-resolution ground magnetic and radiometric surveys over its Red Basin claims in New Mexico and has earned a 100% interest in 86 lode claims covering ~1,776 acres following an option agreement dated January 30, 2025. The surveys collected 160 line-km magnetic and 142 line-km gamma data to help refine exploration targeting; final outputs are expected in the coming weeks. Myriad engaged Machai Capital for a 12-month market awareness program, paying $300,000 plus GST and issuing 300,000 stock options exercisable at $0.35 until November 25, 2027 (vest Mar 25, 2026). Historical resource estimates are described as not verified and not treated as current resources.
Myriad Uranium (OTC: MYRUF) closed a bought-deal private placement on November 13, 2025 raising gross proceeds of C$8,603,000 by issuing 21,507,500 units at C$0.40 per unit. Each unit includes one common share and one warrant exercisable at C$0.60 between Jan 13, 2026 and Nov 13, 2028. Underwriters received C$475,680 in cash fees plus 1,189,200 broker warrants. Net proceeds are earmarked for exploration and advancement of the Copper Mountain (WY) and Red Basin (NM) uranium projects, and for general corporate purposes. Closing remains subject to final CSE approval.
Myriad Uranium (OTCQB: MYRUF) announced on October 30, 2025 that the letter of intent (LOI) dated August 6, 2025 regarding a proposed merger with Rush Rare Metals has expired under its terms.
The release notes that Myriad and Rush remain in contact and continue to pursue a potential transaction on mutually acceptable terms, and Myriad's CEO said both parties are optimistic a deal may be reached in due course.
Myriad Uranium (OTCQB: MYRUF) reports chemical assay results from 34 boreholes at the Copper Mountain Project (October–November 2024). Expanded chemical sampling (706 additional samples) increased measured uranium grades versus downhole spectral gamma (eU3O8), with chemical assays averaging ~20% higher. High-grade ranges showed larger gains: samples >=1,000 ppm eU3O8 averaged 60% higher by chemical assay; >=500 ppm averaged 50% higher. Additional sampling produced numerous new and extended mineralised intervals (e.g., 31 new intervals at 100 ppm cut-off; 5 new intervals at 500 ppm cut-off). Myriad links results to historical Bendix and Union Pacific data and notes planned expanded drilling under an approved 222-borehole plan of operations.
Myriad Uranium (OTCQB: MYRUF) announced that the U.S. Bureau of Land Management approved a Plan of Operations enabling up to 222 boreholes across the Copper Mountain Project, expanding permitted activity beyond the Canning deposit to targets including Mint, Arrowhead, Lucky Cliff and Gem. Currently the company is bonded for 70 holes under Wyoming drilling notification with additional bonding planned in phases. The company also granted 1,300,000 stock options (exercise $0.43, 5-year term) and 925,000 RSUs (expire Dec 31, 2028). A qualified person noted historical data require further verification.
Myriad Uranium (OTCQB:MYRUF) has obtained a comprehensive 1982 DOE report revealing significant uranium potential at Copper Mountain. The study, conducted by Bendix Field Engineering Corporation, estimates a potential mineral endowment of ~245 million pounds uranium in the Control Area (of which Myriad holds 70%) and ~655 million pounds in the larger Assessment Area (Myriad holds 29%).
The assessment was based on extensive data from Union Pacific's C$118 million exploration program including 2,000 boreholes, along with Bendix's own research. The study identified several promising target areas for intermediate-grade uranium deposits (100-500 ppm eU3O8) down to 600 feet depth, with additional potential below this "hard deck" as evidenced by Myriad's 2024 drilling findings at 1,495 feet.
Myriad Uranium (OTCQB:MYRUF) has successfully closed its non-brokered private placement financing, raising $595,400 through the issuance of 2,381,600 units at $0.25 per unit. Each unit includes one common share and a half warrant, with full warrants exercisable at $0.35 until September 24, 2027.
The company paid $7,000 in finder's fees and issued 28,000 finder's warrants exercisable at $0.25 until September 24, 2027. The proceeds will be used for mineral property exploration and working capital. Company directors and officers participated in the financing, which qualified for exemption from formal valuation and minority shareholder approval requirements.
Myriad Uranium (OTCQB: MYRUF) has expanded its previously announced non-brokered private placement from $125,000 to $550,000. The company will issue up to 2.2 million units at $0.25 per unit, with each unit consisting of one common share and a half warrant. Each full warrant allows purchasing one share at $0.35 within 24 months.
Three board members, including CEO Thomas Lamb, Tom Lee, and Simon Clarke, will participate in the financing. The proceeds will be used for general working capital as the company advances its Copper Mountain and Red Basin projects. The securities will be subject to a four-month hold period, and the company expects to pay finder's fees.