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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

Post by SkywalkerofLukeon Apr 06, 2023 2:38pm
114 Views
Post# 35383586

Article on URM

Article on URM

Yesterday the EU & USA pledged to "intensify cooperation to reduce dependency on Russia for nuclear materials [uranium] and fuel cycle services, and support ongoing efforts by affected EU Member States to diversify nuclear fuel supplies.”


URM.c FAUMF (up 16% today) is working on exploring and developing their flagship Red Basin Uranium/Vanadium Project, a past-producing mine in New Mexico State. The project consists of 26 lode mining claims over 537 acres and is estimated to contain 6.5 million pounds of uranium concentrate.


Recommend checking out this article on URM that also covers their opportunity in the uranium market.


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

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