Uranium Exploration and Mining

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Myriad Enters into Agreements for Investor Relations Services
Newsfileยท 2025-07-21 11:30
Core Insights - Myriad Uranium Corp. has entered into three service agreements for investor relations services, enhancing its strategic communication and visibility in the uranium sector [1][2][3] Group 1: Service Agreements - Myriad has signed a Service Agreement with Departures Capital Inc. for strategic consulting and investor communications, effective July 16, 2025, for a one-year term, with a payment of US$25,000 (approximately C$34,500) [1] - A Service Agreement with SOMA Public Relations has been established for strategic communications services from August 1, 2025, to November 30, 2025, totaling $30,000 ($7,500 per month) [2] - Myriad has also entered into a Professional Services Agreement with HoldCo Markets Advisory Inc. for research and social media services, effective July 15, 2025, for one year, with a total payment of $39,600 ($3,300 per month) [3] Group 2: Project Developments - The CEO of Myriad highlighted the potential of the Copper Mountain Uranium Project, indicating that recent assays show significantly higher uranium grades than previously reported, suggesting the presence of more mineralization than initially thought [4] - The project has a historical investment of C$117 million (2024 dollars) in exploration and development, with over 2,000 historical boreholes drilled [4][10] - Myriad is conducting an additional ~1,500 assays to potentially upgrade existing intervals and expand the project's scale and grade [4] Group 3: Historical Estimates and Resources - Historical estimates related to the Copper Mountain Project are considered relevant but should not be relied upon as current mineral resources or reserves, as they have not been verified by a qualified person [5][6] - The nature of the mineralization at Copper Mountain presents inherent limitations in estimating resources from drill data [6][7] - A program of digitization and re-logging or re-drilling is required to verify historical estimates and establish current resources [8]