What is the latest status of the project “Red Basin Uranium Project Sale”?

The status recorded for “Red Basin Uranium Project Sale” is sold.

What is the budget and commercial profile for the project “Red Basin Uranium Project Sale”?

Taiyo normalizes the budget of “Red Basin Uranium Project Sale” to USD 2500000.

Where can I verify the source and access all details for “Red Basin Uranium Project Sale”?

This Taiyo project page references Mining.com along with the original URL (https://www.mining.com/myriad-uranium-sells-new-mexico-project-to-tech-venture-for-6x-return/). Taiyo standardizes official data into a consistent, searchable project profile.

Red Basin Uranium Project Sale

Sector: Nuclear • Location: New Mexico, USA

Source: Mining.com

Project

Sold

Myriad Uranium plans to sell its Red Basin uranium project in New Mexico to Subatomic Industries, a new mining tech venture backed by 8VC and Overmatch Ventures, for $2.5 million cash. Myriad will retain a 10% free-carried interest and form a strategic alliance with Subatomic for exploration and development of other uranium projects.

Status: Closed
Sector: Nuclear
Location: New Mexico, United States of America
Updated: 22 Jul 2026
Source: Mining.com

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Project Information

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The project “Red Basin Uranium Project Sale” is an infrastructure initiative in the Nuclear sector, located in New Mexico, USA. Taiyo aggregates data on it from Mining.com.

Participants

Not available for this record.

Status

Original status	sold
Taiyo status	Closed
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	Myriad Uranium plans to sell its Red Basin uranium project in New Mexico to Subatomic Industries, a new mining tech venture backed by 8VC and Overmatch Ventures, for $2.5 million cash. Myriad will retain a 10% free-carried interest and form a strategic alliance with Subatomic for exploration and development of other uranium projects.
Original sector	Energy
Budget

Location

Country	United States of America (USA)
State	New Mexico

Source

Source	Mining.com
URL

More Details

Record type	Project
Sector	Nuclear
Article published date	2026-03-22

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