Myriad Uranium's Preliminary Interpretation of High-Resolution Geophysics at Copper Mountain Provides Strong Additional Validation for District-Scale Uranium Endowment. Ground-Truthing Program Underway.

Core Viewpoint - Myriad Uranium Corp. has completed preliminary interpretation of data from a high-resolution airborne magnetic and radiometric survey at the Copper Mountain Uranium Project, leading to the identification of new anomalies and the initiation of ground-truthing to validate these findings [1][2]. Survey Results - The airborne survey covered approximately 191.8 km², with 2,114 line-kilometers completed at 100 m line spacing, revealing over 100 prioritized anomaly points, predominantly located east of the north-south structural corridor [9][3]. - The combined magnetic and radiometric dataset suggests a large hydrothermal system that may host additional uranium mineralization beyond historically drilled areas [3][7]. Ground-Truthing Program - Myriad has commenced field work to validate selected radiometric anomaly points, with initial results aligning with airborne data, indicating elevated radiometric counts [4][8]. - The ground-truthing aims to confirm the presence and intensity of uranium mineralization, characterize geological settings, and refine priority drill targets [8][4]. Company Background - Myriad Uranium Corp. holds a 75% interest in the Copper Mountain Uranium Project, which has multiple historic uranium deposits and past-producing mines, with a definitive agreement to acquire the remaining 25% interest [13]. - The project has a history of extensive exploration, with Union Pacific investing approximately C$117 million (2024 dollars) in the late 1970s, resulting in significant historical resource estimates [13].