Rush Rare Metals Advances Uranium and Niobium Projects with Strategic Partnerships and Exploration

Rush Rare Metals is making significant progress on two strategic mineral projects focused on uranium and niobium, elements increasingly vital for energy production and advanced manufacturing. In Wyoming, the company has expanded its Copper Mountain Project through the staking of the Knob claims, comprising 52 mineral claims totaling 780 acres. This expansion occurs under an option/earn-in agreement with Myriad Uranium, which can earn a 50% interest by spending $1.5 million on exploration and increase to 75% by reaching a total expenditure of $5.5 million. As Myriad meets progress milestones, Rush Rare Metals will receive shares and other incentives, creating a partnership model that spreads exploration risk while maintaining upside potential.

Meanwhile in Quebec, the Boxi property has revealed exceptional niobium prospects that have shifted the project's focus from its original uranium exploration. Niobium represents a strategic mineral with growing importance due to its ability to significantly enhance steel strength and corrosion resistance, making it essential for major infrastructure projects, bridges, and pipelines. The element also serves critical functions in superconductors and high-strength magnets used in medical imaging and renewable energy technologies. Recent exploration at Boxi has identified a mineralized dike containing high-grade niobium samples that compare favorably with established niobium mining operations, suggesting substantial economic potential.

For the upcoming exploration season, Rush Rare Metals plans extensive work at the Boxi property including additional stripping, channel sampling, and drilling programs designed to comprehensively assess the niobium deposit's size, grade, and economic viability. This systematic approach aims to advance the project toward development readiness while capitalizing on the growing market demand for niobium in industrial and technological applications. The company's parallel advancement of both uranium and niobium projects demonstrates a strategic approach to developing resources essential for multiple sectors including energy, infrastructure, and advanced technology. With uranium addressing clean energy needs and niobium supporting manufacturing and construction sectors, Rush Rare Metals is establishing itself as an important contributor to North America's critical minerals supply chain.