First American Uranium Inc C.URM

URM and its Red Basin Uranium/Vanadium Project

[StockHawk1]

For everyone interested in junior uranium companies, First American Uranium Inc. (URM.c FAUMF) aims to capitalize on the global interest and investment in clean, nuclear energy and contribute to a secure, US-domestic uranium supply chain.

URM's corporate strategy focuses on accelerating exploration efforts to benefit from industry fundamentals and the under-representation of US-based uranium miners.

First American Uranium's strategic US-based project is the Red Basin Uranium/Vanadium Project in New Mexico, located near the only operating uranium mill in America. The project has shown promising indications of uranium/vanadium deposits and has the potential to become an advanced stage project, contributing to the American domestic uranium supply.

More info here: https://firstamericanuranium.com/first-american-uraniums-updated-investor-presentation-outlines-corporate-strategy-strategic-domestic-project-investment-highlights/

 

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Some movement for URM today - I'm thinking the next big step for URM is to get work going at the Red Basin Property as any exploration will provide a better idea of the extent of mineralization, resulting in share price appreciation.