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Myriad UraniumCSE:M

Uranium explorer, with a project stated to be in Wyoming.

Wyoming · United States — as stated on the recordings

explorer uranium Wyoming, United States
Oct 2025 → Jun 2026Covered
8 of 10Topics on record
6Figures tracked over time
1 executiveNamed on the record
Generate Claims & Checks What management and commentators said, and what still needs independent verification 7 interviews with the company · 2 independent recordings
Stage
Explorer
Primary commodity
Uranium
Jurisdiction
Wyoming
Latest appearance
12 Jun 2026
On record
7 interviews · 86 statements · 2 executives

At a glance

What the record holds today. Every card names where it came from — a management representation is not an established fact, and the page never blurs the two.

What is in the ground
27 million pound initial resource identified down to 600 ft in six of seven deposits
Management-stated Thomas Lamb Jun 2026
Grade
significantly higher than gamma probe grades from the 1970s; 50-60% higher confirmed laboratory assay grades for anything at 500 and 1,000 ppm
Management-stated Thomas Lamb Jun 2026
Money on hand
currently about 8.5 million in the bank
Stated capital need: small fundraises from 3 million market cap base
Management-stated Thomas Lamb May 2026
What happens next
Stage one of phase 2: approximately 4,500 meters of drilling with 300 meter holes plus deep and shallow holes
Management-stated Thomas Lamb May 2026
The main open question
The 27 million pound resource is called a "starter" and relies on the key assumption that disequilibrium holds across all seven deposits—unproven in practice.
Weighed from the statements below, not our opinion of the company.
Our reading
How outsiders read it
3 independent voices on record — 2 constructive, 1 neutral
Unknown speaker, Nick Hodge, Fabby Lara
Outside voices

How the stated figures have moved

The same figure, as management put it on the earliest and the latest recording we hold. A difference may be a genuine update, a different measure of the same thing (total against indicated), or a mis-heard number — both quotes are here, and both recordings are one click away.

Cash position almost $10 millionabout 8.5 million ● Lower 3 statements on record
21 Nov 2025
almost $10 million cash in the bank
“We're cashed up. We're at almost $10 million cash in the bank and we have tons of uranium.”
08 May 2026
currently about 8.5 million in the bank
“we currently have about 8.5 million in the bank that's a healthy bank balance we have very low burn when we're not drilling”
Capital needed $8.6 million3 million ≠ Different basis One statement qualifies the figure and the other does not (cap, market, raised) 4 statements on record
21 Nov 2025
$8.6 million raised
“Went out for six, came back with 8.6.”
12 Jun 2026
small fundraises from 3 million market cap base
“we have had to do small fundraises from that that small base.”
Grade ≠ Different basis One statement qualifies the figure and the other does not (historic, uranium) 3 statements on record
04 Mar 2026
probe results about 15% higher than historic; at 500 ppm or higher 50% more uranium; at 1000 ppm or higher 60% more uranium than previously understood
“the probe results were about 15% higher than maybe the historic probe results. Anything 500 ppm or higher turns out there's 50% more uranium than anybody un previously understood. Thousand ppm or high…”
12 Jun 2026
significantly higher than gamma probe grades from the 1970s; 50-60% higher confirmed laboratory assay grades for anything at 500 and 1,000 ppm
“the grades there, this is at canning, the key deposit in the center of the project area, the grades are much higher than than the probe grades, the confirmed laboratory assay grades, 50 60% higher for…”
Resource size 70%27 million ≠ Different measure Stated in percent, then in length — not the same quantity 9 statements on record
21 Nov 2025
70% of that acreage
“We have about 70% of that acreage.”
12 Jun 2026
27 million pound initial resource identified down to 600 ft in six of seven deposits
“The initial resource for that mine...was a 27 million pound could call it a starter resource...six of those uh contained that initial resource down to 600 ft.”
Shares outstanding 21.5 millionapproximately 40 million ≠ Different basis One statement qualifies the figure and the other does not (cap, market) 3 statements on record
21 Nov 2025
21.5 million new units
“You've what have we got? We got 20 21.5 million new units.”
12 Jun 2026
currently at approximately 40 million market cap on CSE, previously 3 million market cap
“we had to rebuild this company...we're up at whatever $40 million market cap...we had a assets...market cap dropped up to 3 million”
Permitting ? Wording changed No comparable date in one of the two statements 3 statements on record
04 Mar 2026
permitted for 222 bore holes
“we're permitted for 222 bore holes and we're going to get drilling.”
12 Jun 2026
permitted 222 hole plan of operations; bonded at Copper Mountain
“they have permitted a 222 hole uh plan of ops for us. So we are we are permitted right now and bonded at Copper Mountain and we will be starting drilling very soon.”

Management view vs outside view

Management interviews are promotional by nature; the outside view is the counterweight. Both are quoted from the recordings, not added by us.

What management spends its time on

Counted from Myriad Uranium's own claims across 7 interviews — most-covered theme first.

What outside voices pick up on

3 independent voices — people who do not speak for the company — across 3 mentions.

2 constructive 1 neutral
  • Unknown speaker “Wilson references Myriad as a prior success where he was a co-founder; market cap now over $60M. Mentioned as track record, not as…”
  • Nick Hodge “Named as the partner in the Copper Mountain project, creating an arbitrage argument.”

Bull · Bear · Watch next

Weighed from the statements on this page — management's pitch and the outside view. Not financial advice, and not our opinion of the company.

▲ Bull case

Management says the company has a 27 million pound starter resource down to 600 ft across six deposits, with phase one drilling confirming grades 20–60% higher than 1970s gamma probe data due to historical disequilibrium underestimation.

What it rests on
Evidence: 3 moments from 2 interviews
Read the full case

Management says the company has a 27 million pound starter resource down to 600 ft across six deposits, with phase one drilling confirming grades 20–60% higher than 1970s gamma probe data due to historical disequilibrium underestimation. A permitted 222-hole drilling plan is now in place; management holds 8.5 million in cash and will fund initial 4,500-meter phase two drilling starting May or June, with a NI 43-101 resource estimate possible by year-end.

▼ Bear case

The 27 million pound resource is called a "starter" and relies on the key assumption that disequilibrium holds across all seven deposits—unproven in practice.

What it rests on
Evidence: 2 moments from 2 interviews
Read the full case

The 27 million pound resource is called a "starter" and relies on the key assumption that disequilibrium holds across all seven deposits—unproven in practice. The company has diluted from 3 million to 40 million shares outstanding through small fundraises; phase two will consume cash at an unknown burn rate, and a 43-101 resource estimate carries heavy uncertainty around timing and whether it supports mine-scale economics. No outside validation of grades or resource size has been provided.

◆ Watch next

Phase two drilling begins May or June for 6–8 weeks with a target of 4,500 meters.

What it rests on
Evidence: 3 moments from 1 interview
Read the full case

Phase two drilling begins May or June for 6–8 weeks with a target of 4,500 meters. A 7-day raptor survey is required before drilling starts. A NI 43-101 compliant resource estimate is expected late 2024 or 2025 depending on drilling speed and market conditions. A Russia Rare Metals merger approval vote may follow shortly after the 43-101 is filed, pending market conditions.

Each moment links to the exact point in the source recording. The cases are drawn from the transcripts, weighed as written — they are not a rating, a target or a recommendation.

Project 56 statements

The deposit 35

Key takeaway. Management describes the deposit as a large-scale conventional uranium project in fractured granite, with seven historical deposits down to 600 ft.

Read the full summary

They point to a 27-million-pound starter resource identified in six of those deposits, and cite a 1982 Bendix/DOE study estimating up to 655 million pounds of uranium endowment in the broader district area and 245 million pounds in the control area. The company also notes that laboratory assays from the 1970s run 20–60% higher than the original gamma probe readings, with grade boosts of 50–60% confirmed for material at 500 ppm and above (CEO interviews, Mar–Jun 2026).

What was actually said
deposit type
large scale conventional uranium mine planned for 1983 production start
“It was going to be a large scale conventional uranium mine was going to start production in 1983”
Thomas Lamb· 12 Jun 2026·
exploration upside
245 million pounds potential in control area per Bendix study
“they came to the conclusion that within the control area there was um around 245 million pounds potential”
Thomas Lamb· 12 Jun 2026·
exploration upside
up to 655 million pounds uranium endowment in district area per 1982 Bendix/DOE study
“Bendix concluded that our project area, a rectangle around our project area, but uh we have the vast majority of the that acreage within that rectangle has a uranium endowment of up to 655 million pounds.”
Thomas Lamb· 12 Jun 2026·
Show the other 32 statements
exploration upside
historical investment of about 125 million in today's dollars in exploration by Union Pacific with Southern California Edison
“It saw about 125 million in today's dollars in exploration by Union Pacific partnered with Southern California Edison.”
Thomas Lamb· 12 Jun 2026·
exploration upside
27 million pound starter resource identified, seven deposits down to 600 ft, at least 15 prospects with 3 to 20 drill holes each
“Union Pacific uh had identified seven deposits and six of those uh contained that initial resource down to 600 ft. Union Pacific also identified a large number, at least 15 prospects”
Thomas Lamb· 12 Jun 2026·
grade
significantly higher than gamma probe grades from the 1970s; 50-60% higher confirmed laboratory assay grades for anything at 500 and 1,000 ppm
“the grades there, this is at canning, the key deposit in the center of the project area, the grades are much higher than than the probe grades, the confirmed laboratory assay grades, 50 60% higher for anything at 500 and a,000 ppm.”
Thomas Lamb· 12 Jun 2026·
resource size
27 million pound initial resource identified down to 600 ft in six of seven deposits
“The initial resource for that mine...was a 27 million pound could call it a starter resource...six of those uh contained that initial resource down to 600 ft.”
Thomas Lamb· 12 Jun 2026·
deposit type
seven historical deposits in fractured granite fractured basement
“Because it's fractured granite, fractured basement continuity. It requires a higher density of uh of drill holes”
Thomas Lamb· 08 May 2026·
exploration upside
655 million pounds down to 600 ft estimated by Department of Energy, Bendix engineering firm
“The area has has an endowment estimated by Department of Energy, Bendix engineering firm for them. 655 million pounds down to 600 ft.”
Thomas Lamb· 08 May 2026·
exploration upside
new area to the east of main historical area with big signature mag and radiometric signature
“Everything is to the west, but the big signature uh mag and radiometric signature is to the east. We flew that area thinking, let's see what's over there. Huge radiometric and mag signature.”
Thomas Lamb· 08 May 2026·
exploration upside
may have a whole new area just as big as the area of known resource from geophysics
“We may have a whole new area just as big as the area of known resource. And as things are progressing, we do infill uh at the known areas of known resource.”
Thomas Lamb· 08 May 2026·
grade
20 to 60% grade boosts from assaying compared to historical gamma probe data
“with our drilling and assays we are getting 20 to 60% grade boosts from assaying which is basically the the verified uranium uh grade in the ground.”
Thomas Lamb· 08 May 2026·
key assumption
disequilibrium holds across seven historical deposits
“If we drill each of these historical deposits, there's seven of them, and disequilibrium holds across those, which we have good reasons for optimism that it will.”
Thomas Lamb· 08 May 2026·
resource size
85 ft intercept at 12,200 ppm equivalent grade at Lucky Cliff target, outside the 655 million pound assessment area
“they drilled an 85 ft intercept at 12,200 ppm equivalent grade. Maybe that'll get a disequilibrium disequilibrium boost of 60%.”
Thomas Lamb· 08 May 2026·
resource size
500,000 lbs of historical production from previous 43101 at 0.15 grade
“It's the previous 43101 from years ago. This is all we've been going on. Said said there 500,000 lbs of historical production at 0.15.”
Thomas Lamb· 08 May 2026·
resource size
27 million pound starter historical resource in the center area
“27 million and 655 million pounds up into a current resource over time.”
Thomas Lamb· 08 May 2026·
deposit type
Uranium
“development and exploration company uh with Copper Mountain and Uranium project in Wyoming”
Thomas Lamb· 23 Apr 2026·
exploration upside
Lucky Cliff area with historical intercept of 85 ft at 1,200 ppm uranium
“One was I think 85 ft of 1,200 ppm. And that would be equivalent grade.”
Thomas Lamb· 23 Apr 2026·
exploration upside
Bendix area identified 245 million pounds down to 600 ft in inner area and 655 million pounds in larger area
“the Bendix report assesses that an inner area Copper Mountain has 245 million pounds down to 600 ft and a larger area has 655 million pounds”
Thomas Lamb· 23 Apr 2026·
exploration upside
historical resource plus peripheral prospects and halo of acreage with very similar signatures to known deposits
“the our 43-101 really explains why this is a vast project with a huge uranium endowment”
Thomas Lamb· 23 Apr 2026·
deposit type
conventional uranium deposits
“Union Pacific spent almost $und00 million US drilling 2,000 holes, identifying seven deposits, planning a large scale conventional uranium mine there.”
Thomas Lamb· 04 Mar 2026·
exploration upside
over a hundred anomalies picked up by geophysics to the east of a north-south structure
“Over a hundred anomalies picked up by the geoysics to the east of that line.”
Thomas Lamb· 04 Mar 2026·
exploration upside
drilling encountered uranium intervals as deep as 1,495 feet
“We did drill deeper holes. Uh we encountered uranium nice intervals down as deep as for 1,495 ft.”
Thomas Lamb· 04 Mar 2026·
exploration upside
potential to expand historic 15-30 million pound range to potentially 65 million pounds in western area to 600 ft depth
“this is what would bring everything up to what Union Pacific thought >> in that western part would be say 65 million pounds >> that's only to a depth of 600 feet”
Thomas Lamb· 04 Mar 2026·
exploration upside
655 million pounds down to 600 ft in larger area, 245 million pounds in central area per 1982 Department of Energy estimate
“Department of Energy 1982, 655 million pounds down to 600 ft. And we we hold 60% of that acreage. And in the central 245 million pound area”
Thomas Lamb· 04 Mar 2026·
grade
probe results about 15% higher than historic; at 500 ppm or higher 50% more uranium; at 1000 ppm or higher 60% more uranium than previously understood
“the probe results were about 15% higher than maybe the historic probe results. Anything 500 ppm or higher turns out there's 50% more uranium than anybody un previously understood. Thousand ppm or higher 60% more uranium than was previously understood.”
Thomas Lamb· 04 Mar 2026·
resource size
historic resource 15 to 30 million pounds for Union Pacific mine plan
“The the initial resource that Union Pacific had in mind for its conventional mine was 15 to 30 million pounds.”
Thomas Lamb· 04 Mar 2026·
resource size
Lucky Cliff intercept 85 feet of 1,200 ppm uranium probe grade, equivalent to 1,800-1,900 ppm if diseq holds
“They have uh you know nice intervals 85 feet of 1,200 that's that's an equivalent probe grade if dise equilibrium holds which we think that would be 85 ft of 1800 1900 ppm”
Thomas Lamb· 04 Mar 2026·
deposit type
sandstone hosted rollfront uh project uh indicated inferred historic resources
“Uh it's a sandstone hosted rollfront uh project uh indicated inferred historic resources”
Thomas Lamb· 21 Nov 2025·
deposit type
seven deposits, lots of prospects
“2,000 bore holes, seven deposits, lots of prospects.”
Thomas Lamb· 21 Nov 2025·
exploration upside
600 ft. So uh expanding acreage costs money... there are a lot of areas that uh maybe they're over the hill or around the bend
“That's just down to 600 ft. So uh expanding acreage costs money... there are a lot of areas that uh maybe they're over the hill or around the bend”
Thomas Lamb· 21 Nov 2025·
exploration upside
what sits below 600 ft
“This 655 million pounds in the broader area, you know, 245 million pounds in a in a more dis... what sits below that?... big opportunity.”
Thomas Lamb· 21 Nov 2025·
resource size
70% of that acreage
“We have about 70% of that acreage.”
Thomas Lamb· 21 Nov 2025·
resource size
70% of the 245 million pounds
“We have 70% of the 245 million pounds.”
Thomas Lamb· 21 Nov 2025·
resource size
655 million pounds in a bigger area around us and 245 million pounds in a more discreet area central area
“That assessed uh that Copper Mountain has a uranium endowment of 655 million pounds. That's in a bigger big area around us and 245 million pounds in a more discreet area central area.”
Thomas Lamb· 21 Nov 2025·

Jurisdiction 14

Key takeaway. Management reports that its projects are located across multiple US jurisdictions: Copper Mountain in Wyoming and Red Basin in New Mexico, along with the Brea Pipe project in Arizona (added as of June 2026).

Read the full summary

The company states that Copper Mountain has a permitted 222-hole plan of operations that is bonded, though it noted in April 2026 that a seven-day wildlife survey for raptors is required before drilling can commence. Regarding community agreements, management says Red Basin was sold with Myriad retaining a 10% free carried interest on 90% of the project.

What was actually said
community agreement
Red Basin - sold 90%, retain 10% free carried interest
“We recently sold 90% of it. We retain a 10% free carried interest.”
Thomas Lamb· 12 Jun 2026·
country
United States
“Our projects are all inside the US, which of course in this current environment is exactly where you want to be.”
Thomas Lamb· 12 Jun 2026·
permit status
permitted 222 hole plan of operations; bonded at Copper Mountain
“they have permitted a 222 hole uh plan of ops for us. So we are we are permitted right now and bonded at Copper Mountain and we will be starting drilling very soon.”
Thomas Lamb· 12 Jun 2026·
Show the other 11 statements
region
Wyoming - Copper Mountain project; New Mexico - Red Basin; Arizona - Brea Pipe project
“The principal project is the Copper Mountain uranium project in central Wyoming...We have two other projects. Uh the second one is called Red Basin in New Mexico...We have a brand new third project. It's called the Brea Pipe project in Arizona.”
Thomas Lamb· 12 Jun 2026·
country
United States
“We have two very strong projects in the US. First is Copper Mountain. Uh it's Copper Mountain uranium project in Wyoming. The second is the Red Basin project in New Mexico.”
Thomas Lamb· 08 May 2026·
region
Wyoming - Copper Mountain project; New Mexico - Red Basin project
“First is Copper Mountain. Uh it's Copper Mountain uranium project in Wyoming. The second is the Red Basin project in New Mexico.”
Thomas Lamb· 08 May 2026·
country
United States
“a development and exploration company uh with Copper Mountain and Uranium project in Wyoming”
Thomas Lamb· 23 Apr 2026·
permit status
7-day wildlife survey required for raptors before drilling can commence
“we have to do a 7-day It's going to take us about 7 days to do a a small wildlife survey because there are some raptors around”
Thomas Lamb· 23 Apr 2026·
region
Wyoming
“development and exploration company uh with Copper Mountain and Uranium project in Wyoming”
Thomas Lamb· 23 Apr 2026·
country
United States
“We are an America focused uh uranium explorer and developer. We've got two projects. Our main project is in central Wyoming.”
Thomas Lamb· 04 Mar 2026·
permit status
permitted for 222 bore holes
“we're permitted for 222 bore holes and we're going to get drilling.”
Thomas Lamb· 04 Mar 2026·
region
central Wyoming for Copper Mountain; New Mexico for Red Basin
“Our main project is in central Wyoming. It's called the Copper Mountain uranium project. We also have a second project in New Mexico. It's called Red Basin.”
Thomas Lamb· 04 Mar 2026·
region
New Mexico
“Our second project is the Red Basin project in New Mexico.”
Thomas Lamb· 21 Nov 2025·
region
Wyoming
“Copper Mountain uranium project in Wyoming.”
Thomas Lamb· 21 Nov 2025·

Technical risk 7

Key takeaway. Management acknowledges that the historical data carries technical uncertainties.

Read the full summary

They assume 1970s resource estimates were conservative and that historical probe data may have under-reported uranium due to disequilibrium, with a potential 60% grade boost when assayed above 1,000 ppm (Apr 2026, May 2026, Jun 2026). They describe past intercepts as "equivalent grade" that "maybe will get boosted with disequilibrium" (Nov 2025). A stated risk is that a new area to the east requires ground truthing to confirm the uranium presence "is not an illusion" (Apr 2026).

What was actually said
key assumption
1970s resource estimates were conservative; phase one drilling detected previously undetected uranium and extended intercepts
“uh our phase one drilling has supported that. We about 15 months ago we concluded our phase one drill program and the grades we got significantly higher”
Thomas Lamb· 12 Jun 2026·
key assumption
historical probe data may have under-reported uranium due to disequilibrium; intercepts may be longer than historically recorded
“the gamma probes because of disequilibrium basically discounted or under reported the uranium. And the probe does not pick up the uh the uranium at the at the ends of the of the interval those can be quite uriniferous”
Thomas Lamb· 08 May 2026·
key assumption
60% grade boost when assayed above 1,000 ppm due to disequilibrium uranium daughter products
“We are getting at Copper Mountain a 60% grade boost when we assay. This was not for anything over 1,000 ppm.”
Thomas Lamb· 23 Apr 2026·
Show the other 4 statements
stated risk
New area to the east requires ground truthing to confirm uranium presence is not an illusion
“We are ground truthing the big new area to the east at Copper Mountain. Uh that includes radiometrics, uh rock samples, etc. We may have news there to confirm to everybody that indeed uh it's not an illusion.”
Thomas Lamb· 23 Apr 2026·
recovery rate
column leach testing in 1970s showed recoveries 90 to 94%
“Our our ore in the 1970s they did a fair amount of uh column leach testing where they were getting recoveries 90 to 94%.”
Thomas Lamb· 04 Mar 2026·
key assumption
That's equivalent grade, which maybe will get boosted with disequilibrium
“That's equivalent grade, which maybe will get boosted with disequilibrium.”
Thomas Lamb· 21 Nov 2025·
key assumption
three, five, eight bore holes that had exciting results in the 1970s. 85 ft of 200 ppm, that type of thing. That's equivalent grade
“for example, three, five, eight bore holes that had exciting results in the 1970s. You know, 85 ft of,200 ppm, that type of thing. That's equivalent grade”
Thomas Lamb· 21 Nov 2025·

Economics 9 statements

Financing 9

Key takeaway. Management indicates the company's cash position has shifted over time: from nearly $10 million in November 2025 to about $8.4 million Canadian in March 2026, and then to about $8.5 million in the bank by May 2026, with an additional $2.5…

Read the full summary

million US received from the sale of 90% of its New Mexico project that same month. The CEO noted in March 2026 that the budget for the initial drilling program is around $4 million. Regarding financing history, management states that $8.6 million was raised in November 2025, and that small fundraises from a 3 million market cap base have resulted in dilution to a 40 million market cap base as of June 2026. The company reports it is in good shape with a good cash position and a potentially upcoming US listing as of April 2026.

What was actually said
capital needed
small fundraises from 3 million market cap base
“we have had to do small fundraises from that that small base.”
Thomas Lamb· 12 Jun 2026·
dilution
small fundraises have resulted in dilution from 3 million to 40 million market cap base
“we have had to do small fundraises from that that small base...we're up at whatever $40 million market cap.”
Thomas Lamb· 12 Jun 2026·
capital needed
2.5 million US received from sale of 90% of New Mexico project
“we are about to sell uh 90% of our New Mexico project uh which maybe we'll chat about uh and we're selling that for 2.5 million US plus a 10% free carried interest through production.”
Thomas Lamb· 08 May 2026·
Show the other 6 statements
cash position
currently about 8.5 million in the bank
“we currently have about 8.5 million in the bank that's a healthy bank balance we have very low burn when we're not drilling”
Thomas Lamb· 08 May 2026·
financing status
US listing potentially upcoming, company in good shape with good cash position
“we'll be making that decision uh fairly soon. It's an active topic. However, company's in very good shape. Uh we have good cash position with more cash coming in.”
Thomas Lamb· 23 Apr 2026·
capital needed
budget around $4 million for initial drilling program
“a budget is around call it $4 million just initial”
Thomas Lamb· 04 Mar 2026·
cash position
about 8.4 million Canadian in the bank
“We have about 8.4 million Canadian in the bank right now. The balance is rising rather than falling because uh warrants and options mostly warrants are coming in.”
Thomas Lamb· 04 Mar 2026·
capital needed
$8.6 million raised
“Went out for six, came back with 8.6.”
Thomas Lamb· 21 Nov 2025·
cash position
almost $10 million cash in the bank
“We're cashed up. We're at almost $10 million cash in the bank and we have tons of uranium.”
Thomas Lamb· 21 Nov 2025·

Timeline 13 statements

Timeline 9

Key takeaway. Management's timeline for the project has shifted during 2025–2026.

Read the full summary

In November 2025 the company reported that 70 of 222 permitted holes had been bonded. In March 2026 management said drilling would start within a couple of months, with 7,000–10,000 meters initially. By April 2026 the target was revised to 4,500 meters for stage one, planned for a May or June start lasting 6 weeks to 2 months. As of May 2026, the company reports that Phase 2 drilling is starting now, with stage one comprising approximately 4,500 meters of 300-meter holes plus deep and shallow holes. A maiden NI 43-101 compliant resource estimate, management said in April 2026, could come later this year or next year depending on market conditions.

What was actually said
milestone
Stage one of phase 2: approximately 4,500 meters of drilling with 300 meter holes plus deep and shallow holes
“So we're going to start with the historical deposits. That's stage one of the phase 2 drilling. Call it uh 4,500 meters. Uh 300 meters each with a few deep holes and a bunch of shallow holes depending on what's going on in the subsurface of course.”
Thomas Lamb· 08 May 2026·
milestone
Phase 2 drilling starting now, to establish and confirm historical resources
“We're entering phase two drilling now, which is going to confirm historical resources and hopefully bring as much as we can of that 27 million and 655 million pounds up into a current resource over time.”
Thomas Lamb· 08 May 2026·
milestone
Stage one drilling planned for May or June start, 6 weeks to 2 months duration
“It could be that we're drilling in May. Uh but it may be a June start uh depending uh the schedule of the drills. And then stage one 6 weeks, 2 months.”
Thomas Lamb· 23 Apr 2026·
Show the other 6 statements
milestone
Initial drilling target 4,500 meters for stage one
“the initial target is uh 5,000 No, four 4,500 m”
Thomas Lamb· 23 Apr 2026·
study due
Maiden NI 43-101 compliant resource estimate could be later this year or next year depending on market conditions
“It could be that we speed up and over the summer we're drilling like as fast as we can. In which case you might see resources later this year”
Thomas Lamb· 23 Apr 2026·
milestone
7 to 10,000 meters drilling initially, starting in 2 months
“program we have the concept right now is 7 to 10,000 meters initially. >> Right. So we'll get started in that in 2 months.”
Thomas Lamb· 04 Mar 2026·
milestone
drilling to start within next couple of months
“But we get to expand I think potentially dramatically the amount of uranium that is in the in our within our acreage. >> Okay. Okay, we've got a twin or a triple track coming up, but uh so stick with this one for now. So in terms of the known bringing the historic resource up to date, that that makes sense and your expectation around that it it would be in the range of >> So I will just say it because uh you know there's supposed to be caution around this with 43101 etc. >> The the initial resource that Union Pacific had in mind for its conventional mine was 15 to 30 million pounds. >> Got it. because we of the results we got from our drilling. Yeah. Not just uh probing the probe results were about 15% higher than maybe the historic probe results. >> But when we assay we did we assay which they never did in the 1970s. >> Anything 500 ppm or higher turns out there's 50% more uranium than anybody un previously understood. Thousand ppm or higher 60% more uranium than was previously unders”
Thomas Lamb· 04 Mar 2026·
milestone
radiometrics press release about to be published
“I think by the time this this uh video is is published we'll have put out a a press release talking about our radiometrics.”
Thomas Lamb· 04 Mar 2026·
milestone
70 holes out of 222 permitted bonded
“We have a drill program a drill plan. We've we've uh we've bonded 70 holes out of the 222 that we just permitted”
Thomas Lamb· 21 Nov 2025·

Catalysts 4

Key takeaway. Management says the company has several near-term catalysts.

Read the full summary

Grade probe results are being released actively as drilling progresses, with assay results following later, the company reports for April 2026. A Russia Rare Metals merger approval is expected soon after the 43-101 filing, also around April 2026, while a US listing on NASDAQ or NYSE was cited as a catalyst by November 2025. Additionally, management noted that a merger with Rush would give Myriad 100% ownership of the Copper Mountain asset, a decision targeted for November 2025.

What was actually said
upcoming decision
Russia Rare Metals merger approval expected soon after 43-101 filing
“Now that we have the 43-101 filed, that was a precondition, uh Russia can hold its meeting to approve the merger”
Thomas Lamb· 23 Apr 2026·
upcoming result
Grade probe results released actively as drilling progresses, with assay results following later
“we think people are going to get the probe results actively as we as we drill and then we'll send things away for assay and the assay results will come in later”
Thomas Lamb· 23 Apr 2026·
upcoming decision
merger with Rush to give 100% ownership of Copper Mountain asset
“You know, great asset... if you could own 100% of the asset and not have divided ownership, that would be even better... merging with Rush that'll increase our market cap also and also give us 100% ownership of the Copper Mountain asset.”
Thomas Lamb· 21 Nov 2025·
Show the other 1 statement
upcoming decision
US listing on NASDAQ or NYC
“We want to list in the US, have a proper listing in the US. We have options. We can do it ourselves.”
Thomas Lamb· 21 Nov 2025·

Corporate 8 statements

Management 2

Key takeaway. Management points to its track record in uranium.

Read the full summary

The CEO says George Fund spent 22 years consulting to junior mining companies, including 10–15 years in uranium, and managed KU uranium projects for Peninsula Energy in South Africa (Jun 2026). The company also notes that Union Pacific Railway, backed by California Edison and Southern California Edison, spent about 85 million US dollars in today's dollars on the project in the 1970s (Nov 2025).

What was actually said
track record
George Fund spent 22 years consulting to junior mining companies, 10-15 years in uranium, managed KU uranium projects for Peninsula Energy in South Africa
“I spent the last 22 years at of my career um mostly consulting to various um junior mining companies...then I switched over to uranium and I've spent the better part of the last 10 to 15 years um almost exclusively in uranium”
Thomas Lamb· 12 Jun 2026·
track record
Union Pacific Railway backed by California Edison, Southern California Edison in the 1970s spent 85 million US dollars in today's dollars
“Copper Mountain, just to refresh your viewers, saw 85 million US dollars spent in today's dollars by Union Pacific Railway backed by California Edison, Southern California Edison in the 1970s.”
Thomas Lamb· 21 Nov 2025·

Share structure 6

Key takeaway. Myriad Uranium's management has described a rapidly evolving share structure.

Read the full summary

In November 2025, the company issued 21.5 million new units and had approximately 1.2 million broker warrants with a strike price of about 60 cents. By March 2026, management noted that warrants and options were coming in, mostly warrants. As of June 2026, the CEO said he and colleagues have invested personal money into the business, and the company's market cap on the CSE is approximately 40 million, up from a previous 3 million market cap. Management also stated in May 2026 that the company is listed in Canada, the US, and Germany, and is looking at moving to the NASDAQ or NYSE American.

What was actually said
insider stake
CEO and colleagues have invested personal money into the business
“I myself and and our my colleagues have invested a lot of personal money into this business.”
Thomas Lamb· 12 Jun 2026·
shares outstanding
currently at approximately 40 million market cap on CSE, previously 3 million market cap
“we had to rebuild this company...we're up at whatever $40 million market cap...we had a assets...market cap dropped up to 3 million”
Thomas Lamb· 12 Jun 2026·
shares outstanding
Listed in Canada, the US, and Germany; looking at moving to NASDAQ or NYSE American
“We're listed in Canada, the US, and uh Germany. and uh we're looking at moving up to a senior US exchange like NASDAQ or NYC American.”
Thomas Lamb· 08 May 2026·
Show the other 3 statements
warrants
warrants and options coming in, mostly warrants
“The balance is rising rather than falling because uh warrants and options mostly warrants are coming in.”
Thomas Lamb· 04 Mar 2026·
shares outstanding
21.5 million new units
“You've what have we got? We got 20 21.5 million new units.”
Thomas Lamb· 21 Nov 2025·
warrants
1.2ish broker warrants with strike price about 60 cents
“You got 1.2ish broker warrants out... their their strike price is about 60 60 cents.”
Thomas Lamb· 21 Nov 2025·

Outside views 3 mentions

3 mentions by people who do not speak for the company — 2 constructive, 0 cautious, 1 neutral. These are their views, not the company's.

Unknown speaker
neutral
Wilson references Myriad as a prior success where he was a co-founder; market cap now over $60M. Mentioned as track record, not as a current recommendation.
Resource Talks· 13 Mar 2026·
Nick Hodge
bullish
Named as the partner in the Copper Mountain project, creating an arbitrage argument.
VRIC Media· 17 Feb 2026·
Fabby Lara
bullish
Named as the partner in the Copper Mountain project, creating an arbitrage argument.
VRIC Media· 17 Feb 2026·

Sources 7 interviews

Every interview 7

DateChannelInterviewStatements
12 Jun 2026 Crux Investor Made In America | Myriad Uranium (CSE:M) - America's Uranium Gap & The Wyoming Project Closing It 17
08 May 2026 Crux Investor Myriad Uranium (CSE:M) - From Historical Data to Drill-Confirmed Resource: The Phase 2 Plan 17
23 Apr 2026 Triangle Investor A “Massive” U.S. Uranium Asset?! Myriad Uranium (CSE: M) 15
01 Apr 2026 Commodity Culture Gold, Silver, Copper in 'Really Good Shape' as 'Bullish Signals' Intensify No claims identified
04 Mar 2026 Crux Investor Myriad Uranium Corp. (CSE:M) - Radiometric Breakthrough Expands Drill Plans 18
21 Nov 2025 Crux Investor Myriad Uranium (CSE:M) - $8.6M Raise Funds Drilling Across Wyoming Uranium Endowment 19
16 Oct 2025 Commodity Culture Uranium Bull Thesis 'Taking HOLD' - 'It's Going to Be an Exciting 2 Years' No claims identified

What else those interviews covered

Every other asset named in the same recordings, by how many of them named it — the company's coverage context, not its holdings. Where the name is another company we hold a record for, it links to it.

uranium 4
red basin 3
copper mountain uranium project 3
copper mountain 2
nasdaq 2
cameco 2
myriad uranium corp. 2

Questions people ask

What is Myriad Uranium's project and where is it?

Myriad Uranium is a explorer uranium company, with a project stated to be in Wyoming, United States. Everything here is drawn from its executives' own interviews.

Which interviews mention Myriad Uranium?

We track 7 interviews mentioning Myriad Uranium, across 3 channels (Commodity Culture, Crux Investor, Triangle Investor).

What are investors saying about Myriad Uranium?

3 independent voices — people who do not speak for the company — are on record discussing it (2 bullish, 1 neutral). Their reasoning is quoted in the outside-view section above.

What do recent interviews with Myriad Uranium cover?

The most-discussed topics on record are the deposit, jurisdiction, financing, timeline — each claim quoted and dated in the sections above.

How to read this page

What is here

Statements made by company representatives in the interviews listed above — each one carrying the words that made it, the date, and the recording. Nothing is added from any other source: if it was not said on a recording, it is not on this page. The one exception lives in the Claims & Checks record, which cites a metal price from our own feed so a stated cost can be set against it — and labels it as ours wherever it appears.

What is not verified

All of it. Resource figures, economics, timelines and promotional framing are management's own representations, checked against no filing and no technical report. Transcripts are automatic; we repair a clearly mis-heard word but never a number, a date, a unit or a speaker's hedge — “about 8.6 million ounces” keeps its “about”.

How to use it

Treat it as a map of what has been said, not as a source of fact. Where a figure matters to you, open the recording and read the company's filings. Nothing here is financial advice, a recommendation, or an offer to buy or sell any security — these are interested parties discussing their own company.

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