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First American Uranium Inc FAUMF


Primary Symbol: C.URM

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

First American Uranium Inc
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Post by waves1on Apr 03, 2023 6:26pm
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Post# 35377349

Q42022 US production virtually 0 compared to 50M lbs demand

Q42022 US production virtually 0 compared to 50M lbs demand
To put the massive opportunity arising in uranium in perspective:
 
"US Domestic #Uranium Production - EIA Quarterly Report US production of uranium concentrate in 4th quarter of 2022 totaled just 174,712 lbs #U3O8, virtually zero while US #Nuclear reactor fleet consumes circa 50 Million lbs per year." 
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