Red Basin, New Mexico, USA

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Project Presentation

RED BASIN URANIUM PROJECT

Red Basin, New Mexico

 

  • 700 of 1,100 historical drill holes in the basin are on our claims
  • 0.5 Mlbs indicated resource*
  • 1.5-6.5 Mlbs inferred resource* with significant upside potential.
  • Uranium grades of 0.17%-0.31%
  • Vanadium up to 1.64% V2O5.
  • Red Basin district potential estimated up to 45 Mlbs.
*historical, not 43-101

RED BASIN URANIUM PROJECT

Myriad owns 100% of the Red Basin Uranium Project in New Mexico, USA

 

  • Historical drilling in the district confirms that the Red Basin Project contains high-grade uranium minersalisation of 0.17%-0.31% that is near surface with signigicant potential for associated vanadium up to 1.64% V2O5.
  • The mineralisation is in thick sections of rollfront deposits hosted in permeable sandstones from surface to depths of less than 450 feet.
  • The broader Datil Mountains – Pietown area could contain 40 Mlbs or more of high-grade uranium with much of it potentially amenable to ISR.
The information on this slide is historical and not NI 43-101 compliant. See the final slide 12 of this presentation for further information respecting historical estimates.

RED BASIN PHOTO GALLERY