Myriad Uranium Corp. Corrects Resource Estimate; Emerald Horizon Begins ADES Test Loop Construction
Myriad Uranium Corp. has corrected its historical resource estimate for the Copper Mountain Uranium Project, now reporting 48.95 million tons at 269 ppm eU₃O₈. On September 8, 2026, Emerald Horizon AG will launch construction of the ADES Test Loop, a small modular reactor project, enhancing energy security without water dependence.
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Myriad Uranium Corp. corrected its historical resource estimate for the Copper Mountain Uranium Project, altering it to 48.95 million tons at 269 ppm eU₃O₈. To validate these estimates, a drilling program is planned.
Meanwhile, Emerald Horizon AG will commence construction of the ADES Test Loop in Graz on September 8, 2026. This small modular reactor is designed to operate without a critical chain reaction, producing 10 MW of electricity.
The reactor can function for 20 years without refueling, using thorium as fuel. Its design allows for reliable energy output even during dry periods, addressing industrial energy continuity needs. The completion of the IPO in June 2026 facilitates financing for this project.
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