Myriad Uranium
- Company typePublic
- Founded2019
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingServices
Myriad Uranium firmographics
Firmographics- Name
- Myriad Uranium
- Legal name
- Myriad Uranium Corp.
- Website
- https://myriaduranium.com
- Company type
- Public
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Myriad Uranium industry classification
Industry- Product category
- Uranium Mining Exploration
- NAICS
- Other Metal Ore Mining (21229), Mining (except Oil and Gas) (212)
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Uranium Exploration & Resource Development (EUAKACAA)
- akta.pro secondary industry
- Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication) (EUACADAK)
Keywords
Where Myriad Uranium is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Myriad Uranium business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Technology or R&D, Personnel, Marketing or Sales, Others
Revenue model
- Pre-Revenue Exploration Stage: Myriad Uranium is a pre-revenue uranium exploration company. The company has no current production revenue and is funded entirely through equity financings (private placements, bought deal offerings) to finance its exploration programs. The company's value is derived from advancing its uranium projects toward resource estimates, with no current commodity sales or service revenues.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Myriad Uranium product offering
Product offeringCore offering
Myriad Uranium is a pre-revenue uranium exploration company that acquires, explores, and advances uranium mineral properties in the United States (Wyoming, New Mexico, Arizona) and Canada. Its core activity is drilling, geophysical surveying, and historical-data-driven target generation across its Copper Mountain (Wyoming), Red Basin (New Mexico), Breccia Pipe (Arizona), and Millen Mountain (Nova Scotia) projects, with the objective of defining a NI 43-101 uranium resource. The company funds this work through equity private placements and is not yet producing or selling uranium.
Product overview
Myriad Uranium is a uranium exploration company with interests in multiple uranium projects across the United States and Canada. The company's portfolio includes the flagship Copper Mountain Uranium Project in Wyoming (75% interest with definitive agreement to acquire remaining 25%), the recently acquired Breccia Pipe Project in Arizona (23 targets optioned to Wedgemount Resources), and a 10% free carried interest in the Red Basin Uranium Project in New Mexico (sold in 2026). The company also holds a 50% interest in the Millen Mountain Property in Nova Scotia, Canada.
Differentiator
Problem solved
Functional benefit
Products and services
- Copper Mountain Uranium Project A district-scale uranium exploration project in Fremont County, Wyoming, hosting multiple known uranium deposits and historic uranium mines with approximately 2,000 historical boreholes drilled by Union Pacific in the 1970s and an estimated 245–655 Mlbs U₃O₈ historical endowment (not a current NI 43-101 resource). Myriad currently holds 75% interest with a definitive merger to unify 100% ownership. The BLM approved a Plan of Operations for up to 222 boreholes.
- Breccia Pipe Project (Arizona) 23 breccia pipe uranium and rare earth element exploration targets in the Arizona Strip uranium district, including the Wate Pipe with a historical resource estimate, covering approximately 5,600 acres. All targets optioned to Wedgemount Resources, which is earning into the targets while Myriad retains an interest.
- Red Basin Uranium Project (10% Free Carried Interest) A uranium exploration project in Catron County, New Mexico, covering approximately 1,776 acres (86 lode claims) with near-surface roll-front uranium mineralization. Originally fully owned by Myriad and now divested to Subatomic for US$2.5 million, with Myriad retaining a 10% free carried interest.
- Millen Mountain Property A 50% joint venture interest in a uranium exploration property in Nova Scotia, Canada, held with joint venture partner Probe Gold Inc.
Quantifiable outcome
- Grades averaging 60% higher than historic probe estimates at 1,000 ppm cut-off; 50% higher at 500 ppm cut-off; 20% higher at 200 ppm cut-off
- +3 more outcomes
Companies that use Myriad Uranium
Customer profileSegments2 records
Ideal customer profiles2 records
Myriad Uranium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Myriad Uranium partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered minor and core.
- Wedgemount ResourcesminorAll 23 breccia pipe uranium and REE exploration targets acquired in Arizona (including the Wate Pipe) have been optioned to Wedgemount Resources. Wedgemount is earning into the targets while Myriad retains an interest.
- Subatomic Red Basin, LLC (Subatomic Industries Corporation)coreMyriad sold its Red Basin Uranium Project in New Mexico to Subatomic for US$2.5 million in cash. Myriad retained a 10% free carried interest in the project and formed a strategic alliance with Subatomic for the exploration and development of other uranium projects beyond Red Basin. Subatomic is backed by Silicon Valley venture investors 8VC and Overmatch Ventures.
- Rush Rare Metals Corp.coreMyriad Uranium is acquiring 100% of Rush Rare Metals Corp. through a statutory plan of arrangement. Rush holds a 25% interest in the Copper Mountain Uranium Project in Wyoming. Upon closing (targeted May 2026), Rush will become a wholly owned subsidiary of Myriad and be delisted from the CSE. The merger unifies 100% ownership of the Copper Mountain project under Myriad. Rush shareholders receive 0.5405 Myriad shares per Rush share (18-22% premium).
- First American Uranium Inc. / FirstAmerican Energy Fuels Ltd.minorMyriad entered into a property option agreement with First American Uranium Inc. and its 60%-owned subsidiary FirstAmerican Energy Fuels Ltd. to earn a 100% interest in the Red Basin Uranium Project in New Mexico. Myriad completed the earn-in in November 2025, securing 100% ownership of 86 lode claims covering approximately 1,776 acres.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Myriad Uranium competitors and assessment
Company assessmentDirect peers
- Global Atomic Corporation: Toronto-listed uranium developer with the Dasa project in Niger and adjacent ISR operations. Directly comparable as a small-cap uranium developer/explorer at a similar stage of project advancement with shared Niger heritage and global uranium focus.
- Denison Mines Corp. Athabasca Basin-focused uranium exploration and development company with ISR-amenable projects in Saskatchewan. Comparable as a uranium-focused junior with resource-stage projects and ongoing drilling programs.
- NexGen Energy Ltd. Developer of the Rook I/Arrow project in the Athabasca Basin — one of the largest undeveloped uranium deposits globally. Comparable as a uranium developer leveraging high-grade historical drilling data and district-scale resource potential to drive valuation.
- Premier American Uranium Inc. Uranium exploration and development company focused on U.S. assets in the western United States, including Wyoming and New Mexico. Comparable as a U.S.-focused junior uranium explorer pursuing district-scale consolidation similar to Myriad's strategy.
Broad incumbents
- Uranium Energy Corp (UEC): Largest U.S.-focused uranium producer with ISR operations across Wyoming, Texas, New Mexico, and Arizona. Comparable as a U.S.-domestic uranium platform with Wyoming ISR assets and a similar jurisdictional profile to Myriad's Copper Mountain and Red Basin projects.
- Energy Fuels Inc. U.S.-based uranium and rare earth producer with the White Mesa Mill in Utah processing uranium ore from Wyoming and Arizona ISR/breccia pipe sources. Comparable as a vertically integrated U.S. uranium and critical minerals platform with adjacent operational footprint to Myriad's projects.
- Cameco Corporation: World's largest publicly traded uranium producer with Cigar Lake, McArthur River, and U.S. ISR operations. Comparable as a broad uranium incumbent benefiting from the same secular tailwinds (nuclear renaissance, U.S. supply security) that support Myriad's investment thesis.
Emerging players
- enCore Energy Corp. U.S. ISR uranium producer restarting operations at multiple Texas and Wyoming projects. Comparable as a U.S.-focused ISR uranium operator at a similar development-stage profile and the same target jurisdictional geographies (Wyoming).
- Ur-Energy Inc. U.S.-focused ISR uranium producer operating the Lost Creek mine in Wyoming. Comparable as a Wyoming-based uranium operator pursuing ISR-style extraction — the same mineralization style Myriad's Copper Mountain may transition to.
- Peninsula Energy Limited: ASX-listed uranium developer with the Lance ISR project in Wyoming. Comparable as a Wyoming-focused ISR uranium developer at a similar stage to Myriad, leveraging the same U.S. policy tailwinds and federal procurement access.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks3 records
Key highlights7 records
Customer concentration
Myriad Uranium social profiles
Digital presenceMyriad Uranium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Myriad Uranium leadership team
Management profileNumber of profiles
Profiles9 records
Myriad Uranium subsidiaries and ownership
Company hierarchySubsidiaries2 records
Myriad Uranium funding detail
Funding detailFunding overview
Funding rounds5 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Myriad Uranium M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Myriad Uranium
What does Myriad Uranium do?
Myriad Uranium is a pre-revenue uranium exploration company that acquires, explores, and advances uranium mineral properties in the United States (Wyoming, New Mexico, Arizona) and Canada. Its core activity is drilling, geophysical surveying, and historical-data-driven target generation across its Copper Mountain (Wyoming), Red Basin (New Mexico), Breccia Pipe (Arizona), and Millen Mountain (Nova Scotia) projects, with the objective of defining a NI 43-101 uranium resource. The company funds this work through equity private placements and is not yet producing or selling uranium.
Is Myriad Uranium a public or private company?
Myriad Uranium is a public company. It is classified as public and is currently operating.
When was Myriad Uranium founded?
Myriad Uranium was founded in 2019. It employs 1 to 10 people.
Where is Myriad Uranium based?
Myriad Uranium is headquartered in Vancouver, Canada, in the North America region.
How does Myriad Uranium make money?
One revenue line is on record: pre-Revenue Exploration Stage.
Who are Myriad Uranium's main competitors?
Direct peers on record are Global Atomic Corporation, Denison Mines Corp., NexGen Energy Ltd. and Premier American Uranium Inc.. Broad incumbents are Uranium Energy Corp (UEC), Energy Fuels Inc. and Cameco Corporation. Emerging players are enCore Energy Corp., Ur-Energy Inc. and Peninsula Energy Limited.
Does Myriad Uranium have an API?
No public API is recorded for Myriad Uranium.
What industry is Myriad Uranium in?
Myriad Uranium's product category is Uranium Mining Exploration. Its primary akta.pro industry code is EUAKACAA, Uranium Exploration & Resource Development, with a secondary code of EUACADAK, Nuclear Fuel Cycle for Power Generation (Uranium, Conversion, Enrichment, Fuel Fabrication). Its NAICS code is 21229 and its SIC code is 1000.