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First American Uranium Inc C.URM


Primary Symbol: C.NIOB Alternate Symbol(s):  NIOMF

Metals & Mining Silver
First American Uranium Inc. is a mineral exploration company. It is focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia’s Omineca Mining Division and a land package in Quebec’s Grenville Province. The Quebec properties add exposure to rare earth elements, niobium, and nickel-copper occurrences, expanding its footprint into critical minerals that are strategically important for energy and defense applications. Its Silver Lake project is an exploration stage project over 30 kilometers (km) southeast of Houston, BC in the Omineca Mining Division. The property comprises eight contiguous mineral claims totaling over 1647.24 ha. Its Red Basin Uranium/Vanadium property is in Catron County, New Mexico, United States of America. The project, which consists of over 26 optioned lode claims totaling over 537 acres (217 ha), is 250 miles north of the only operating uranium mill in America.


CSE:NIOB - Post by User

First American Uranium Inc
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  • SkywalkerofLukeX
Post by SkywalkerofLukeon Aug 21, 2023 3:49pm
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Post# 35598507

URM Prepping NI 43-101 Report on Red Basin

URM Prepping NI 43-101 Report on Red Basin

URM.c FAUMF up 7% today with the announcement that they’re prepping an NI 43-101 technical report on the Red Basin Uranium Project.


Report will consider a detailed accounting of exploration work completed at Red Basin to date, a summary of the compiled data, and recommendations for additional exploration work.


Red Basin has 26 claims over 537 acres and previous studies have estimated the resource at the property between 1.6M - 6.5M pounds U3O8 w/ only a $4.93M MC. Will be watching for any updates.


https://financialpost.com/globe-newswire/first-american-uranium-to-prepare-ni-43-101-compliant-technical-report-for-us-based-red-basin-uranium-vanadium-project

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