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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 North America. 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 and comprises approximately 86 staked claims.


CSE:URM - Post by User

Post by StockHawk1on Feb 02, 2023 5:35pm
123 Views
Post# 35263486

URM.v (under the radar Uranium Pick)

URM.v (under the radar Uranium Pick)

With bipartisan support in the US to invest and increase domestic uranium production, I've been looking out for Uranium Jr.s with US-based assets. 


First American Uranium Inc. (URM.C) has a great valuation and tight share structure. It controls The Red Basin Uranium/Vanadium Project which is located in New Mexico. Previous studies on this property have estimated that it has a resource between 1.6 and 6.5 M pounds of U3O8. 


URM also controls The Silver Lake Property in BC which contains 8 contiguous mineral claims totalling 1647.24 ha. 


I definitely recommend checking out URM while it is still fairly new and unknown.

 
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