Bullboard - Stock Discussion Forum 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... see more

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First American Uranium Inc > Article on URM

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Post by SkywalkerofLuke on Apr 06, 2023 2:38pm

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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