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 > Upcoming Work at Red Basin

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Post by SkywalkerofLuke on Jun 19, 2023 2:57pm

Upcoming Work at Red Basin

URM.c FAUMF up 7% today as they gear up for work at their Red Basin Uranium Project (26 claims over 537 acres) later this yr.

URM recently closed 2 private placements for gross proceeds of $839,997 that will go to further exploration at the project.

First up is an NI 43-101 report coming soon - worth noting that the initial draft of the report has been evaluated by several sources confirming the presence of uranium/vanadium deposits.

Here’s an interview w/ the CEO that discusses the project.

https://www.youtube.com/watch?v=n5ofykKMdHw