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Myriad Uranium acquires 5,600 acres in Arizona with 23 uranium targets, partners with Wedgemount for exploration.

Company Fundamentals
09 Jun 2026
Newsfile Corp
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Bullish
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Myriad Uranium Corp. has acquired 15 state mineral leases and 8 split-estate claims totaling 5,600 acres in Northern Arizona's historic uranium district, with 23 breccia pipe uranium targets including the Wate Pipe, which has a historical resource estimate. The company granted Wedgemount Resources a 3-year option to earn up to 75% interest by funding exploration and issuing shares, while Myriad retains rights to earn back to 50% ownership. This partnership allows Myriad to advance the project without diverting focus from its flagship Copper Mountain project in Wyoming. The area is near active uranium production and has potential for rare earth elements, with further work planned to verify historical resource estimates.

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