Bullboard - Stock Discussion Forum 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... see more

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First American Uranium Inc > Red Basin Recent News

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Post by SkywalkerofLuke on May 16, 2023 3:10pm

Red Basin Recent News

“It's a disgrace that we don't have the capability to fuel our own nuclear reactors.” - Wyoming Sen. John Barrasso on the need for domestic uranium.

URM.c FAUMF is a small cap uranium company who are currently exploring in New Mexico at their Red Basin Project made up of 26 claims across 537 acres.

URM has a NI 43-101 report coming soon which I’ll be keeping an eye out for considering the initial draft of the report has been evaluated by several sources confirming the presence of uranium/vanadium deposits.

+ they recently announced a non-brokered PP that’ll partially go to the Red Basin Project to conduct further exploration later this yr at the project.

https://financialpost.com/globe-newswire/first-american-uranium-announces-non-brokered-private-placement-of-units

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