{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Myriad Uranium (CSE:M) - Digging up Lost Pounds in US","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/77d3dc1f\"></iframe>","width":"100%","height":180,"duration":743,"description":"Interview with Thomas Lamb, CEO of Myriad UraniumOur previous interview: https://www.cruxinvestor.com/posts/myriad-uraniums-forgotten-uranium-deposits-offer-substantial-potentialRecording date: 4th March 2024Myriad Uranium offers investors a compelling opportunity to gain exposure to the strengthening uranium market through its prospective projects in Niger and the United States.The company's flagship asset is the Copper Mountain project in Wyoming, acquired in 2022. Extensive historical work by Union Pacific in the 1970s identified six uranium deposits with an estimated 15-30 million pounds of resources, as well as an exploration target of over 63 million pounds across two of the deposits. Importantly, recent analysis by Myriad has identified high-grade zones that were largely overlooked in the historical estimates, with grades up to 0.3% U3O8. These high-grade areas could drive a significant increase in the project's value.Myriad CEO Thomas Lamb commented, \"There's high grade there - instead of 200 to 600 parts per million (ppm), there's thousand ppm up to 3,000 ppm if you focus on the veins.\" The company is working to bring the historical estimates up to current standards, with a focus on delineating the high-grade mineralization.In addition to the known resources, Copper Mountain offers substantial exploration upside. Myriad plans to aggressively drill the project to expand the resource base. The extensive historical database will allow for rapid and cost-effective advancement of the project towards development.While Copper Mountain is the near-term focus, Myriad also holds a significant land position in Niger, Africa's top uranium-producing nation. The company's 1,800 square kilometer portfolio is located in the heart of the Tim Mersoi Basin, home to some of the world's largest and highest-grade uranium deposits. These projects provide long-term optionality on a world-class uranium district as Niger's political situation stabilizes following a coup in...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}