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 Columbia (BC) in the Omineca Mining Division. The property comprises eight contiguous mineral claims totaling 1647.24 hectares (ha). The Red Basin property is located in Catron County, New Mexico, United States of America. The property is located approximately 15 miles northeast of Pie Town, New Mexico, approximately 80 miles east-northeast of Springerville, Arizona and approximately 85 miles southwest of Albuquerque, New Mexico.

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First American Uranium Inc

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Post by XeniaTechieon Mar 20, 2023 12:43pm

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Post# 35349145

Proactive interview with new URM CEO

In a new video interview, Shawn Balaghi, the newly appointed CEO of First American Uranium, discussed the company's focus on exploration and development of their flagship project, Red Basin, located in New Mexico. The project has an estimated resource of between 1.6 and 6.5 million pounds of uranium, and with a global interest and investment in clean, nuclear energy, Balaghi sees the potential for Red Basin to become an advanced stage project. He also shared his passion for the uranium market and expressed excitement about the opportunity to be part of the American domestic uranium supply solution. With a debt-free status and a valuation of $3.5M, First American Uranium has one of the lowest valuations of any uranium company on the market, providing a great structure to work with. https://youtu.be/n5ofykKMdHw

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