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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.


CSE:URM - Post by User

Post by SkywalkerofLukeon Mar 21, 2023 3:19pm
49 Views
Post# 35351950

Article on URM

Article on URM

“In this rapidly evolving investment environment, which is much more supportive of uranium mining efforts than it has been in at least a decade, constructive exploration news can have a dramatic effect on the stock price of a junior uranium miner.”


^ From this recent article done on URM URM.c a debt-free, small cap Canadian-based #uranium exploration company. They currently have a past producing mine in New Mexico consisting of 26 lode mining claims and a non-NI 43-101-compliant mineral resource evaluation estimated that it contained 6.5 million pounds of uranium concentrate.


At $6.3 million, URM’s valuation is among the lowest of any publicly traded uranium exploration company. IMO one to watch.


https://senergy.club/first-american-uranium-inc-cse-urm/

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