on Rush Rare Metals Corp. (isin : CA7820101029)
Rush Rare Metals Advances with Copper Mountain Uranium Project
Rush Rare Metals Corp. has announced significant progress in the development of the Copper Mountain uranium project in Wyoming. Myriad Uranium, the company's earn-in partner, successfully raised $5,928,390 through a private placement, surpassing its initial target. The funds will enhance the ongoing drilling initiatives at Copper Mountain, aiming to authenticate historical data and expand previously identified mineral zones.
Rush CEO Peter Smith emphasized the importance of the financing and drill program, illuminating the project’s potential. Historical records from the 1970s, found by Rush and Myriad, offer unique insights, essentially serving as a guide for exploration. Myriad’s efforts have also broadened the project area with new claims and leases, exploring zones indicated by past work.
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