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Myriad Uranium Corp ( (TSE:M) ) has shared an update.
Myriad Uranium Corp has entered into an option agreement to acquire a 100% interest in the Red Basin Uranium Project in New Mexico, USA. This strategic acquisition aims to enhance Myriad’s portfolio with high-grade uranium and vanadium mineralization, which includes historical estimates of significant uranium deposits. The project offers excellent access and infrastructure, and the potential for economic extraction options. This move is expected to bolster Myriad’s standing in the Datil Mountains – Pietown Uranium District and potentially unlock substantial value.
More about Myriad Uranium Corp
Myriad Uranium Corp is a company involved in the uranium industry, focusing on the exploration and acquisition of uranium projects. Its market activities are centered on expanding its portfolio of uranium assets to strengthen its position in the mining sector.
YTD Price Performance: -13.33%
Average Trading Volume: 108,967
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$26.57M
See more insights into M stock on TipRanks’ Stock Analysis page.
