Breccia Pipe Project, Arizona, USA

Latest News

Project Presentation

BRECCIA PIPE PROJECT

FREE CALL OPTION IN ARIZONA

23 BRECCIA PIPE TARGETS:

  • 23 Breccia Pipe Exploration Targets across the Arizona Strip and Colorado Plateau, mostly located on State Leases.
  • Located in close proximity to Energy Fuels’ Pinyon Plain Mine, America’s highest-grade and most profitable uranium mine, which in Q2 2025 produced 638,700 lbs U₃O₈ at an average grade of 2.23%.
  • This district is responsible for more than 23 million lbs of historic U₃O₈ production through the 1980’s, according to USGS.

THE FREE CARRY:

  • Myriad granted Wedgemount Resources a 3-year option to earn into 75%.
  • Under the Agreement Myriad will receive US$75,000, 9.9% of Wedgemount and Wedgemount will spend CDN$4,000,000 over the option period.
  • 50/50 JV – Myriad can earn back 25% by spending CDN$5,00,000 after the option period.

HISTORICAL WORK:

  • The Wate Uranium Breccia Pipe, formerly owned by Energy Fuels had a historical resource estimate of 71,000 t containing 1.12 Mlbs eU₃O₈ at an average grade of 0.79%.
  • Historical drilling in 2007-2009 by VANE minerals on at least 4 other targets identified anomalous uranium mineralization.
Note: A qualified person has not done sufficient work to classify the Wate historical resource estimate as a current mineral resource or mineral reserve and the Company is not treating the historical estimate as current. Mineralization, grades, production or results on adjacent or nearby properties are not necessarily indicative of mineralization at the Breccia Pipe Project.

BRECCIA PIPE PROJECT PHOTO GALLERY