# CORRECTION FROM SOURCE: Myriad Uranium Announces Preliminary Radiometric Results from Lucky Cliff Drilling

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/correction-from-source-myriad-uranium-announces-preliminary-radiometric-results--5f703399-b3fd-4e85-a4da-717cfd232f5f

Original source: https://orestocks.com/company/M.CN/press-releases/6072503795931579

Publisher: orestocks

Original announcement: 2026-08-24T09:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Myriad Uranium Corp.

- Ticker: M

- Exchange: Unavailable

- Region: Wyoming, USA

- Primary commodity: Uranium

- Secondary commodities: None reported

- Document categories: Resource update, Other

- Extracted: 2026-08-24 09:33:18 UTC

Narrative sentiment: 0.20 · Bullish

## Minestarters Atlas summary

Myriad Uranium Corp. issued a correction to its previous announcement regarding historical resource estimates at the Copper Mountain Project. The corrected estimate increases the historical resource from 44.1 Mt at 171 ppm eU3O8 to 48.95 Mt at 269 ppm eU3O8.

Reasoning: The document is a correction to a previous release, significantly upgrading the historical resource metrics \(tonnage and grade\), but the data remains historical, unverified, and decades old.

- Positive factor: Correction significantly increases reported tonnage and grade

- Negative factor: Historical estimate only

- Negative factor: Decades old data

- Negative factor: Lack of original drill logs

- Negative factor: Unverified by current management

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 1

## Classification and evidence

**Historical Estimate Only**

Polarity: negative

Definition: Estimate pre-dates or does not comply with current JORC/NI 43-101 standards — requires verification drilling.

Why it applies: The resource is based on 1979 reports and is not being treated as a current mineral resource or reserve.

Evidence · text

> A Qualified Person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves

**QP/CP Signed**

Polarity: positive

Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience.

Why it applies: George van der Walt, MSc., Pr.Sci.Nat., FGSSA, a Qualified Person, reviewed and approved the disclosure.

Evidence · text

> has been reviewed and approved by George van der Walt... a "Qualified Person" as defined under NI 43-101

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Resource Estimates (1)

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/correction-from-source-myriad-uranium-announces-preliminary-radiometric-results--5f703399-b3fd-4e85-a4da-717cfd232f5f#fact-resource-facts-0)

uranium

Historical result

Needs review: historical\_restatement

#### Identity

- Commodity: uranium
- Ticker: M

#### Resource Data

- Category: inferred
- Tonnes: 48950000
- Grade: 269
- Grade Unit: ppm
- Contained Metal: 26.63
- Contained Unit: Mlbs
- Cutoff Grade: 100

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 1979-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-08-24T00:00:00.000Z

Reasoning: This is a restatement of a 1979 historical estimate which is unverified and lacks current drill log support.

- Positive factor: Higher grade and tonnage than previously stated

- Negative factor: Historical estimate

- Negative factor: Data is decades old

- Negative factor: Original logs unavailable

- Negative factor: Not treated as current resource

Evidence · text

> The historical estimate of 26.63 Mlbs eU3O8 in 48.95 Mt at 269 ppm eU3O8, using a 100 ppm cut-off

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
