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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CSE:URM - Post Discussion

First American Uranium Inc > URM.c Set to Benefit From US Focusing on Domestic Production

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Post by SkywalkerofLuke on Jul 27, 2023 4:52pm

URM.c Set to Benefit From US Focusing on Domestic Production

Good to see URM.c FAUMF holding steady above 20c up 9% today as more positive news surrounding Nuclear Energy comes out - i.e. US Senate voting today to establish a Nuclear fuel program with the purpose of onshoring nuclear fuel production in the USA & reducing dependence on Russia for enriched Uranium.

URM recently took 100% ownership of their flagship Red Basin Uranium Project which has 26 claims over 537 acres and are planning exploration work for later this year.

First up is a NI 43-101 report the CEO has said is coming soon - initial draft of the report has been evaluated by several sources confirming the presence of uranium/vanadium deposits.

https://firstamericanuranium.com/projects/#redbasin