Myriad Uranium Doubles Land Position at Copper Mountain Uranium Project

Executive Summary

• Myriad Uranium announced the acquisition of additional land at its Copper Mountain Uranium Project, increasing total holdings from ~9,440 acres to ~18,351 acres.
• The expansion was driven by high‑resolution radiometric and magnetic survey results that identified numerous new anomaly points east of the historic structural corridor.
• The company now controls roughly 62% of the historical “Assessment Area” and 80% of the “Control Area,” positioning it to advance verification drilling on newly identified targets.

Key Details

• Land Increase: Total acreage up by ~8,912 acres (from 9,439 acres to 18,351 acres).
• Survey Basis: Expansion guided by December 2025 high‑resolution radiometric and magnetic surveys; majority of anomaly points located in previously untested ground east of the north‑south structural corridor.
• Historical Context: Bendix Field Engineering (1982) estimated 655 Mlb eU₃O₈ in the broader Assessment Area and 245 Mlb eU₃O₈ in the Control Area to a depth of 600 ft.
• Current Coverage: Post‑staking, Myriad controls ~62% of the Assessment Area and ~80% of the Control Area as defined by Bendix.
• Future Work: Program will shift to verification of geophysical anomalies followed by exploration drilling.
• CEO Comment (Thomas Lamb): Emphasized that new geophysical signatures reveal a “very large area” east of known resources, increasing confidence in project size and potential economic viability as uranium prices rise.
• Qualified Person: George van der Walt, MSc., FGSSA – Myriad’s consulting geologist, reviewed and approved the technical content.

Notable Quotes

“Confidence is increasing that we now have one of the largest uranium projects in the United States… As uranium prices rise, a progressively larger share of our endowment will transition into economic viability.” — Thomas Lamb, President & CEO

All boilerplate, forward‑looking statements, and disclaimer sections have been omitted for clarity.