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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...
, 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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CSE:URM - Post Discussion
First American Uranium Inc
> URM Trading Up After Announcing Subsidiary's New Agreement
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StockHawk1
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Post by
StockHawk1
on Jul 18, 2023 3:20pm
URM Trading Up After Announcing Subsidiary's New Agreement
First American Uranium (URM.c FAUMF) is trading up on the CSE with >4x its average volume after announcing that its subsidiary has entered into an option agreement to acquire a 100% interest in mineral claims in Catron County, New Mexico, putting URM a step closer toward 100% ownership of the Red Basin Uranium/Vanadium Project.
Full news release:
https://www.globenewswire.com/news-release/2023/07/18/2706346/0/en/First-American-Uranium-Announces-Accelerated-Amended-and-Restated-Option-Agreement-Related-to-the-Uranium-Vanadium-mineral-claims-located-in-Catron-County-New-Mexico.html
(16)
•••
waves1
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Comment by
waves1
on Jul 20, 2023 2:31pm
Another day in the green for URM! Still in the very early stages here but once work begins at the project, I'd expect significant movement once the full extent is discovered.
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