First American Uranium Inc FAUMF

Potential Russian Uranium Ban Imports Bolsters US Uranium

[StockHawk1]

First American Uranium (URM.c FAUMF) is an exploration company that seeks to bolster the US uranium supply chain amid the potential ban on Russian uranium imports. URM's Red Basin Project, located near a key uranium mill in New Mexico, exhibits promising indications of uranium/vanadium deposits.

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The uranium industry is at a clear inflection point as interest in nuclear power resurges alongside bans on Russian uranium resulting in a clear need for new sources to come online - and URM has significant potential given its estimated resource between 1.5 and 6.5 million pounds U3O8