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Myriad Uranium Corp ( (TSE:M) ) has issued an update.
Myriad Uranium Corp has significantly expanded its land holdings at the Red Basin Uranium Project in New Mexico, increasing its acreage to approximately 3,324 acres. This expansion includes the majority of historical drilling sites and uranium resources in the district, positioning Myriad strategically for resource expansion and new discoveries. The company’s claims contain high-grade uranium-vanadium mineralization, with potential for economic extraction methods such as in-situ recovery. This move enhances Myriad’s industry positioning by capitalizing on historical data and local geological expertise, offering promising prospects for stakeholders.
More about Myriad Uranium Corp
Myriad Uranium Corp is a company operating in the uranium industry, focusing on exploration and development of uranium resources. The company is involved in projects primarily located in New Mexico, USA, with a market focus on leveraging historical drilling data and expertise to expand its resource base.
Average Trading Volume: 69,377
Technical Sentiment Signal: Sell
Current Market Cap: C$17.28M
Find detailed analytics on M stock on TipRanks’ Stock Analysis page.