Bullboard - Stock Discussion Forum First American Uranium Inc C.URM

Alternate Symbol(s): FAUMF

First American Uranium Inc. is a Canada-based exploration stage junior mining company. The Company is engaged in the identification, acquisition and exploration of mineral properties in Canada. The Company’s projects include Silver Lake Property and Red Basin Uranium/ Vanadium. The Silver Lake project is an exploration stage project approximately 30 kilometers (km) southeast of Houston, British... see more

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First American Uranium Inc > URM.c Upcoming Work

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Post by SkywalkerofLuke on Jun 08, 2023 4:17pm

URM.c Upcoming Work

Last month President Biden and Prime Minister Trudeau met in Ottawa and affirmed their intent to promote enhanced collaboration on nuclear energy and technology between their two countries.

URM.c FAUMF is a junior uranium exploration company who has a flagship uranium project in New Mexico (26 claims, 537 acres) and some upcoming catalysts.

URM has a NI 43-101 report coming soon which I think could be a key catalyst as the initial draft of the report has been evaluated by several sources confirming the presence of uranium/vanadium deposits.

They also recently announced a non-brokered PP for gross proceeds of up to $445,000 that’ll partially go to the Red Basin Project adding to the $857k in a PP to conduct further exploration later this yr at the project.

https://firstamericanuranium.com/