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.

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First American Uranium Inc

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Post by SkywalkerofLukeon Jun 19, 2023 2:57pm

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Post# 35503814

Upcoming Work at Red Basin

URM.c FAUMF up 7% today as they gear up for work at their Red Basin Uranium Project (26 claims over 537 acres) later this yr.

URM recently closed 2 private placements for gross proceeds of $839,997 that will go to further exploration at the project.

First up is an NI 43-101 report coming soon - worth noting that the initial draft of the report has been evaluated by several sources confirming the presence of uranium/vanadium deposits.

Here’s an interview w/ the CEO that discusses the project.

https://www.youtube.com/watch?v=n5ofykKMdHw

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