Mr. Thomas Lamb reports

MYRIAD URANIUM EARNS 75% INTEREST IN COPPER MOUNTAIN, A KEY MILESTONE FOR THE COMPANY

Myriad Uranium Corp. has earned a 75-per-cent interest in the Copper Mountain uranium project in Wyoming, United States, by spending over $5.5-million on eligible expenditures under the property option agreement with Rush Rare Metals Corp. dated Oct. 18, 2023, as amended. Myriad's 75-per-cent interest and Rush's 25-per-cent interest in the project are subject to certain underlying NSR (net smelter return) royalties.

Myriad's chief executive officer, Thomas Lamb, commented:

"Reaching the 75-per-cent expenditure threshold is an important milestone for the company, and it comes at a moment when the scale and potential of Copper Mountain are becoming increasingly clear. Our first phase of drilling and exploration has significantly exceeded expectations and the project has the potential to be one of America's largest."

About Myriad Uranium Corp.

Myriad Uranium is a uranium exploration company which holds a 75-per-cent interest in the Copper Mountain uranium project in Wyoming, United States. Copper Mountain hosts several known uranium deposits and historic uranium mines, including the Arrowhead mine which produced 500,000 pounds U3O8 (triuranium octoxide). Copper Mountain saw extensive drilling and development by Union Pacific during the late 1970s including the development of a mine plan to fuel a planned fleet of California Edison reactors. Operations ceased in 1980 before mining could commence due to falling uranium prices. Approximately 2,000 boreholes have been drilled at Copper Mountain, and the project has significant exploration upside. Union Pacific is estimated to have spent $117-million (2024 dollars) exploring and developing Copper Mountain, generating significant historical resource estimates. The company also holds a 100-per-cent interest in the Red Basin uranium project in New Mexico, which has a near-surface mineralization, with significant upside potential.

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