Myriad Uranium (M CSE) has announced that it has staked further ground in New Mexico around its Red Basin project. The new claims take the project area from 709 hectares to 1,345 hectares meaning that the company’s acreage now covers the key areas where drilling has historically taken place. This drilling was extensive with 1,050 holes known to have been drilled by management and historic resources were defined of 0.5mlbs Indicated and 1.5-6.5mlbs Inferred.
